SOLD
Sold on 15 Dec 2023 for $737,000

38/21 Regensberg Close
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 105m2
Land area: 75m2
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Property Details for 38/21 Regensberg Cl, Varsity Lakes

38/21 Regensberg Cl, Varsity Lakes is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1997. The property has a land size of 75m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom Townhouse sold in Varsity Lakes in the last 12 months.

Building Type
Townhouse
Year Built
1997
Floor Size
105m2
Land Size
75m2
Local Government
Gold Coast City
Lot/Plan
38/BUP105977

Last Listing description (October 2024)

This 3-bedroom, 2-bathroom townhouse is located in the serene neighborhood of Varsity Lakes, Queensland. The property is situated in a prime location, providing easy access to nearby amenities and is near the popular Varsity College, well within the school catchment area. The unit is well-maintained and features a spacious living area, a modern kitchen, and a balcony that offers peaceful views of the surrounding area.

The property has a modest size, easy to maintain fenced in backyard and comes with 2 x car spaces, 1 x garage space and 1 x driveway space and features AC in the main bedroom and downstairs living room.

The Scholars Cove complex is ideal for families and couple of all ages featuring a resort style pool, lawn tennis court, sauna and BBQ area.

Nearby amenities within walking distance include:
Varsity College Primary campus: 200m
Varsity College High School campus: 1km
Aldi Varsity Lakes: 300m
Bus stop on Christine Ave: 100m
Lake Orr parklands 400m
Lake Orr boat house 300m

Amenities available within a short drive:
Varsity Train Station 5 mins
Robina Town Center 5 mins
Bond University 5 mins
Pacific Fair 15 mins
Burleigh Heads beach 15 mins

There is a rental lease in place for $650 per week expiring on January 26th 2024.

Some important stats for the property:
Rates: $1,000 every 6 months
BC levies: around $75 per week on average
Water rates: Shared within complex, typically $300-$400 per quarter
Weekly Rent: $650
Lease Expiry: 26.01.2024

If attending open home inspections within the complex, please dial #85# at the intercom and meet at the onsite office.

Property History for 38/21 Regensberg Cl, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$737,000
15 Dec 2023
  • 15 Dec 2023
    Sold for $737,000
  • 08 Nov 2023
    Listed for Sale Contact Agent
  • 25 Jan 2022
    Sold for $700,000
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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 8,041 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 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.

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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.