OFF MARKET

28 Tracey Crescent
Varsity Lakes QLD 4227

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 175m2
Land area: 541m2
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Last updated 11 Nov 2024
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Property Details for 28 Tracey Cres, Varsity Lakes

28 Tracey Cres, 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 541m2 and floor size of 175m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
House
Year Built
2000
Floor Size
175m2
Land Size
541m2
Local Government
Gold Coast City
Lot/Plan
50/SP113752

Last Listing description (March 2023)

Now here is an opportunity for the discerning buyer to snap up a very well positioned home which backs on to the waterfront. Positioned in a cul-de-sac on a 541m2 block of land with an outlook over the water and a blank canvas as your backyard. The options are endless. What about a great sized pool with Bali hut? It could be done quite easily.

This home is approximately 20 years old and has been rented out all this time. The previous tenants were there 11 years and have vacated the home.

The home comprises:

Master bedroom with en-suite & walk-in robe
3 further large bedrooms with built-in robes
Living family room
Tiled dining area adjacent to the kitchen and living space
Separate study area
Main bathroom with bath and shower
Separate toilet
Internal laundry
Double lock up garage with internal access
Entertaining area with shade sails
Large backyard overlooking water and across to Azzurra Island

Centrally located and within close proximity to schools, shopping and some of the Gold Coast's best beaches. Inspections are highly recommended.

Furniture has been computer generated.

This property although being rented for the past 20 years is in reasonably good condition. With a little bit of tender loving care this property could be truly a wonderful home in a wonderful location. This could stay as a rental property with good returns or a terrific owner occupied residence.

Positioned very well in a family orientated area on a great size block make this one to inspect as properties like this on waterfrontage don't last too long at all.

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Property History for 28 Tracey Cres, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$724,000
23 Nov 2020
  • 23 Nov 2020
    Sold for $724,000
  • 17 Nov 2020
    Listed for Sale Contact Agent
  • 28 Mar 2009
    Listed for Sale Not Disclosed
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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 8,045 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 33 properties listed for sale, and 25 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 425 properties were sold in the past 12 months in Varsity lakes.

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