OFF MARKET

3/7 Castello Circuit
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 143m2
Land area: 192m2
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Property Details for 3/7 Castello Cct, Varsity Lakes

3/7 Castello Cct, Varsity Lakes is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2007. The property has a land size of 192m2 and floor size of 143m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Townhouse
Year Built
2007
Floor Size
143m2
Land Size
192m2
Local Government
Gold Coast City
Lot/Plan
3/SP196319

Last Listing description (November 2023)

Sick of spending your weekends doing yard work? This spacious and well looked after 3-bedroom townhouse allows the space of a full sized house with the added benefit of being low maintenance. Nestled within a boutique block of only seven boasting low body corporate fee's of only $55 per week this property is perfectly placed within walking distance of Varsity Train Station, a childcare centre, parks and walking tracks by the water, along with easy access to the M1 and just a short drive to Robina Town Centre, Easy T Centre and Treetops Plaza. This property is also located within 3-9 minutes of sought after Varsity College primary and secondary and a long list of prestigious private schools such as Somerset, Kings, Hillcrest, GC Christian College and Bond University.

The townhouse itself boasts a living area that flows out onto a balcony where you can enjoy your breakfast basking in the sun, and a two-car garage providing ample parking and storage options. Savvy buyers will recognize the immense potential for future growth in this sought-after area, making this townhouse an excellent opportunity to secure a valuable asset with long-term value appreciation.

Don't miss out on this incredible chance to own a well-appointed townhouse in a prime location, combining convenience, comfort, and endless potential!

Featuring:
3 bedrooms
Master ensuited with walk in robe
Main bathroom with shower & bath
Spacious living/dining
Large Balcony with enough room for table and chairs
Upstairs powder room
Separate laundry
Ample storage
Small block of 7
Low body corporate

Body Corporate: Approx $55 per week
Rates: Approx $2,400 per year
Water: Approx $960 per year
Rental Return: Approx $750 per week

120m to Park
280m to All About Kids Early Learning Centre
750m Varsity Lakes Train Station
5 min drive to Easy T Centre
6 min drive to Treetops Plaza
6 min drive to Robina Town Centre
(all measurements are approximate)

Schools/Universities:
3 min drive to Kings Christian College
3 min drive to Hillcrest Christian College
3 min drive to Gold Coast Christian College
4 min drive to Varsity Primary College
6 min drive to Varsity Secondary College
7 min drive to Somerset College
8 min drive to Bond University
9 min drive to St Andrews Lutheran College
9 min drive to Marymount College
(all measurements are approximate)

Property History for 3/7 Castello Cct, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$775,000
06 Oct 2023
Listed for Rent
$525/w
16 Sep 2019
  • 06 Oct 2023
    Sold for $775,000
  • 25 Jul 2023
    Listed for Sale Offers Over $769,000
  • 03 Mar 2020
    Listed for Rent $510 / 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 8,047 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 88.34% increase in median value, while Units have seen a 72.99% increase. As at 30 September 2024:

  • The median value for Houses in Varsity Lakes is $1,169,841 while the median value for Units is $755,001.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 26 properties listed for sale, and 28 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 424 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.