OFF MARKET

34/2 Geraldton Drive
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 115m2
Land area: 484m2
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Property Details for 34/2 Geraldton Dr, Varsity Lakes

34/2 Geraldton Dr, Varsity Lakes is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2007. The property has a land size of 484m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
House
Year Built
2007
Floor Size
115m2
Land Size
484m2
Local Government
Gold Coast City
Lot/Plan
34/SP144219

Last Listing description (January 2022)

Facing east with views to Burleigh Heads, this could be the ideal apartment space for a young family, or those looking to get into the market for the right price.

This large 127sqm 3 bedroom apartment must be sold as the owners are highly motivated to get a sale. You will be impressed with the location elevated on top of Varsity Lakes. With levies of only $80 per week, and with a tenant paying $480 per week, they are also prepared to stay or you can move into it in September 2022, the choice is yours.

This mid-level walk-up complex is secure and has an onsite manager, a security entrance, and undercover parking making it easy access up to your abode. The central granite island bench is perfect to gather around with family and friends whilst cooking up some fantastic meals or soak up the sun from the balcony.

The location is ideally suited for those that want a home that's just 10mins to the beach, university, Robina Town Centre, Cbus Stadium, and M1 Links to Brisbane.

Features:
* 3 bedrooms
* 2 bathrooms
* 2 car (single parks) undercover
* Walk-in robe
* Air conditioned | Fans
* Covered balcony with easterly views
* Salt chlorinated pool | Function centre | BBQ
* Current rent $480 per week
* Pets approved
* Combined laundry/ bathroom
* Bus stop 50m
* Body Corp $80 per week
* Water $330 per quarter approx
* Rates $1600 pa approx

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Property History for 34/2 Geraldton Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$525,000
06 Dec 2021
Listed for Rent
$460/w
19 Aug 2020
  • 06 Dec 2021
    Sold for $525,000
  • 15 Oct 2021
    Listed for Sale $499,000
  • 30 Dec 2019
    Listed for Rent $460 / 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 8,052 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 35 properties listed for sale, and 25 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 418 properties were sold in the past 12 months in Varsity lakes.

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