OFF MARKET

29/1 Lakefront Crescent
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 108m2
Land area: 121m2
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Property Details for 29/1 Lakefront Cres, Varsity Lakes

29/1 Lakefront Cres, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2010. The property has a land size of 121m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in April 2008.

Building Type
Unit
Year Built
2010
Floor Size
108m2
Land Size
121m2
Local Government
Gold Coast City
Lot/Plan
29/SP210676

Last Listing description (October 2022)

When only the best is good enough! Located in a boutique complex. You'll enjoy expansive unobstructed balcony views over Lake Orr & parklands from this stunning, contemporary, third floor unit with chic designer features.

Located in the residential hub of Varsity Lakes close to shops, cafes and the new train station. The unit features open plan living, plenty of storage and separate laundry. The master bedroom offers a walk through robe and ensuite.

Facilities include:

* 2 Good sized Bedrooms
* 2 Bathrooms
* Open plan lounge and dining
* 2 underground parking spaces
* Private storage cage in basement
* Large waterfront balcony
* Modern appointed kitchen
* Air conditioning
* High speed fibre internet access
* Resort style swimming pool
* Residents BBQ
* Lush tropical landscaping
* Boutique complex only 39 units

This unit has beautiful water views over looking Lake Orr.

Property History for 29/1 Lakefront Cres, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$515,500
16 Apr 2008
Listed for Rent
$560/w
14 Oct 2022
  • 10 Oct 2022
    Listed for Rent $560 / week
  • 18 Nov 2021
    Listed for Rent $560 / week
  • 28 May 2021
    Listed for Rent $520 / week
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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 30 properties listed for sale, and 28 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 421 properties were sold in the past 12 months in Varsity lakes.

Suburb Insights for Varsity Lakes 4227

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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.