43 Palma CrescentVarsity Lakes QLD 4227
Property Details for 43 Palma Cres, Varsity Lakes
43 Palma Cres, Varsity Lakes is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2005. The property has a land size of 395m2 and floor size of 164m2. While the property is not currently for sale or for rent, it was last sold in August 2016.
Last Listing description (October 2016)
Attention all investors and home buyers! Located in a cul-de-sac within walking distance to the train station and Varsity College is this lovely lo-set home.
Featuring high ceilings and spacious open plan living, four bedrooms with the master featuring a walk-in wardrobe and ensuite, there is also a study. Covered outdoor entertaining area and double lock-up garage.
This fantastic property is currently tenanted until mid-July this year with excellent tenants paying $520 per week. Inspection is by appointment only, so I urge all serious buyers to book your private viewing now.
Property History for 43 Palma Cres, Varsity Lakes, QLD 4227
- 09 Aug 2016Sold for $499,990
- 28 Jun 2016Listed for Sale Offers above $490,000
- 07 Dec 2015Listed for Rent - Price not available
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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.
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