SOLD
RECENT ADVICE
Sold on 29 Jul 2024 for $1,215,000

28 South Bay Drive
Varsity Lakes QLD 4227

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Land area: 256m2
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Property Details for 28 South Bay Dr, Varsity Lakes

28 South Bay Dr, Varsity Lakes is a 4 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 256m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom House sold in Varsity Lakes in the last 12 months.

Building Type
House
Land Size
256m2
Local Government
Gold Coast City
Lot/Plan
251/SP214423

Last Listing description (July 2024)

Welcome to this ultra-cool and central home in South Bay!

Life gets busy, so a move here will free up your valuable time to do whatever is important to you!

Dual Income Stream or a family home with a separate space for teenagers, or ideal for hosting visitors.

Looking for a home but also the option for additional income? Future proof yourself with this fantastic dual living home that you could either rent out the entire home or choose to live in the main house or self-contained studio
If you choose to rent out the studio expect up to $500 per week from your tenant or rent to a family member
3 Bathrooms (2 in the main house, 1 in the self-contained studio) rent the entire house for $1480 per week.

Outstanding Features:
• Beautiful timber custom front doors (fire-rated also)
• Updated pendant and LED lighting
• Extremely fast fibre Internet
• Remodelled main bathroom
• Ducted Airconditioning in main house + Split Air-conditioner in studio
• Freshly painted inside & out
• Updated powder room
• Fabulous new kitchen features large stunning island marble textured stone with loads of overhead and under bench storage
• Coffee niche or liquor cabinet...you decide!
• Top of the range Bosch appliances as well as an Asko dishwasher
• Epoxy coated floors throughout (ground level and garage)
• New private composite decking
• Gas- on demand cooking and water heating
• 3000 underground litre water tank for laundry, toilets and gardens
• Ready for solar - Loads of roof space

Main Residence:
• Loads of natural light
• 3 bedrooms
• 2 bathrooms (upstairs fully renovated)
• Beautifully designed kitchen with coffee or bar niche
• Overhead storage
• New lighting throughout
• E-poxy resin floors throughout the courtyard and garage
• Ducted air-conditioning
• Freshly cleaned carpets
• Home office approved
• Display your business name

The Self-Contained Studio:
• Completely separate
• Full kitchen
• Full bathroom
• Private composite deck
• Stylish & durable herringbone vinyl planks throughout studio
• Rear laneway access

The owners love the convenience of South Bay! Let's hear from them!

"Our home is so close to the beach, it's only a 10 minute car ride away and with Aldi just a short stroll away you can duck out and be back before the pasta is even Al dente!"

"Walking to the school has never been so easy, with Varsity College just 1 min or 200 metres away. The lake is literally at your doorstep so weekends you can soak up the sun and take long walks around Lake Orr or take out the boat for a spot of sailing. There's so much to do at South Bay"

The owners are looking for a new adventure! All offers must be in writing.

We look forward to seeing you at the open home!

Property History for 28 South Bay Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$1,215,000
29 Jul 2024
Listed for Rent
$630/w
25 Sep 2017
  • 25 Jul 2024
    Sold for $1,215,000
  • 14 Jun 2024
    Listed for Sale Auction 25th July
  • 19 Feb 2020
    Sold for $625,000
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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 8,048 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.
There are currently 34 properties listed for sale, and 27 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 423 properties were sold in the past 12 months in Varsity lakes.

Suburb Insights for Varsity Lakes 4227

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Jon Paul
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.