OFF MARKET

5 Andorra Place
Varsity Lakes QLD 4227

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 168m2
Land area: 350m2
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Property Details for 5 Andorra Pl, Varsity Lakes

5 Andorra Pl, Varsity Lakes is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2006. The property has a land size of 350m2 and floor size of 168m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
House
Year Built
2006
Floor Size
168m2
Land Size
350m2
Local Government
Gold Coast City
Lot/Plan
406/SP167606

Last Listing description (November 2023)

I have the pleasure of selling this home again and just like the first time I saw it, the home is still as striking as ever. With the elegance of an English style manor and in arguably the best and most underrated locations in the Gold Coast, this low maintenance home is by far one of the prettiest in the area and being a 2-storey home, the 350m2 block feels incredibly ample.

You are a 65-metre walk to the lake walk which wraps around for approximately 10 kilometres and is dotted with parks and picnic areas, which is perfect for families, younger and older. I genuinely love this area and consider myself so lucky to live here.

Burleigh beach is just 8 minutes down the road, as well as much much closer to Robina Town Centre, the M1 Motorway, Varsity Train Station, shops, bars, restaurants and cafes. Feeling is believing and the best way to get the vibe, is to come to one of our opens or a private inspection. Feel free to reach out anytime.

HIGHLIGHTS:

? Solid Brick Double Storey home
? 4 Bedrooms/2.5 Bathrooms/Double lock up garage + 2 car spots on the driveway
? Air conditioning
? A very short walk to Lake Orr, parklands and picnic areas
? Community oriented neighbourhood
? Very close to Varsity Primary and Senior Schools
? Outdoor covered entertaining area + a nice backyard, perfect for backyard cricket
? 2 separate living areas + study nook
? Well maintained
? 350m2 low maintenance block
? Freshly painted
? Storage
? Separate laundry
? Very close to Hospital, Robina Town Centre Shopping Centre, Private and public schools, as well as the M1 motorway and beaches

POTENTIAL INCOME:
? Rental potential: $850 - $900 per week (approx.)
? Airbnb/Stayz: $250 - $650 per night (entire home)

OUTGOINGS:
? Council - $2080 per year approx
? Water - $1600 per year approx

SCHOOL CATCHMENT ZONE:
? Varsity College Primary and Senior Schools
? Somerset College
? Emmanuel College
? Kings Christian College
? Hillcrest Christian College
? Bond University

DISTANCES:
? Bus Stop - 750 m
? Local Shopping Centre - 1.7 km
? Major Shopping Centre - 5.4 km
? Primary School - 1.5 km
? High School - 3 km
? Parkland - 65 m
? Highway - 900 m
? Train Station - 1.1 km
? Beach - 6.7 km
? Hospital - 5.3 km

Property History for 5 Andorra Pl, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$1,070,000
06 Sep 2023
Listed for Rent
$455/w
22 Jan 2011
  • 06 Sep 2023
    Sold for $1,070,000
  • 16 Aug 2023
    Listed for Sale Auction 8th September 2023 at 2pm
  • 19 Jul 2018
    Sold for $675,000
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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 8,090 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 35 properties listed for sale, and 35 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 449 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.