27 Babu StreetVarsity Lakes QLD 4227
Property Details for 27 Babu St, Varsity Lakes
27 Babu St, Varsity Lakes is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2000. The property has a land size of 429m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Last Listing description (March 2022)
On offer is an extremely rare opportunity to secure one of the best value homes in the booming suburb of Varsity Lakes. Located in a quiet cul-de-sac, you will find this stunning single storey home. First time available in over 22 years and it is ready for new owners. Boasting four large bedrooms plus an ensuite and additional bathroom, this beautiful family home has an open plan kitchen, living and dining area flowing out to a covered alfresco entertaining area and courtyard.
This superbly located home is just moments from the local primary and secondary schools, parks, local shops, popular cafs, restaurants and only a short drive the Gold Coast's finest Beach's. The owner has asked for all offers to be submitted in writing for serious consideration. Opportunities with such value and potential do not arise often, so make an offer today as this property will not last long.
Best value home in the area, act quick as this home must be sold in one week
Centrally located single-storey home - Best value in Varsity Lakes
First time available in over 22 years
Don't miss this golden opportunity - Inspect today
Open plan living and dining areas throughout
Excellent indoor and outdoor entertaining areas
Spacious home with enormous potential inside and out
Outgoings & Rental Information
Currently tenanted for $570pw until 31/3/2022
Council Rates: $2,178 p.a.
Water Rates: As per usage
Property History for 27 Babu St, Varsity Lakes, QLD 4227
- 24 Feb 2022Sold for $830,000
- 04 Feb 2022Listed for Sale Offers Over $850,000
- 10 Oct 2018Listed for Rent - Price not available
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About Varsity Lakes 4227
The size of Varsity Lakes is approximately 5.9 square kilometres. It has 23 parks covering nearly 10.6% of total area. The population of Varsity Lakes in 2011 was 14,365 people. By 2016 the population was 15,000 showing a population growth of 4.4% in the area during that time. The predominant age group in Varsity Lakes is 20-29 years. Households in Varsity Lakes are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Varsity Lakes work in a professional occupation. In 2011, 51.9% of the homes in Varsity Lakes were owner-occupied compared with 51.3% in 2016.
Varsity Lakes has 8,044 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 83.43% increase in median value, while Units have seen a 78.54% increase. As at 31 October 2024:
- The median value for Houses in Varsity Lakes is $1,169,868 while the median value for Units is $779,938.
- Houses have a median rent of $850 while Units have a median rent of $750.
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