OFF MARKET

5 Elizabeth Crescent
Varsity Lakes QLD 4227

Bedrooms: 4
Bathrooms: 4
Car spaces: 4
Floor area: 268m2
Land area: 363m2
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Property Details for 5 Elizabeth Cres, Varsity Lakes

5 Elizabeth Cres, Varsity Lakes is a 4 bedroom, 4 bathroom House with 4 parking spaces and was built in 2012. The property has a land size of 363m2 and floor size of 268m2. While the property is not currently for sale or for rent, it was last sold in July 2020.

Building Type
House
Year Built
2012
Floor Size
268m2
Land Size
363m2
Local Government
Gold Coast City
Lot/Plan
403/SP214425

Last Listing description (September 2020)

The vendor is now committed to another property and has reduced the price to sell "NOW" so this magnificent home overlooking Lake Orr is a large and luxurious North facing Home , boasting all that modern living has to offer with top quality finishes throughout is available for inspection.

It has one of the best positions within the exclusive estate of South Bay at Varsity Lakes. It is surrounded by beautiful homes in a quiet and tranquil neighbourhood.

There has been no expense spared in this home, its large and luxurious, Solid timber floors, a fully equipped home theatre room with projector and BOSE sound system, magnificent modern crystal chandeliers and an enormous main bedroom are just the start. This home will impress you from the minute you walk in.

KITCHEN: - Magnificent modern open plan kitchen with high end appliances including a 900 wide SMEG oven, 6 burner gas top and enormous 40mm thick stone bench island. Lots of storage space available in the two separate pantries. Miele Microwave, Soft close drawers.

LIVING: - Large living areas with a great natural flow for entertaining or just enjoying as a family. Second lounge upstairs and large study nook.

BEDROOMS: - Main bedroom is fit for a Royalty and large enough for TWO King size beds with a double vanity en-suite bathroom equipped with a spa bath and shower. Second bedroom is Palatial with en-suite.

BATHROOMS: - Four bathrooms. Main bathroom with spa bath and shower.

OUTDOORS: - Beautiful outdoor Covered entertainment area, overlooking Lake Orr. New Heated In-ground Pool.

Built by Cavalier Homes this a must see and feel home with tons of

FEATURES:
* Multiple living areas.
* Under cover entertainment areas
* Low maintenance yard
* Double lock up with rear yard access
* Expansive water views
* Heated In-ground Pool
* Ducted Air Conditioning
* Smart Phone Intercom & Security System
* In-ground Salt water pool - Heated
* Fully equipped home theatre
* 3 Bedrooms with en-suite bathrooms
* So much storage
* Large balconies
* Solar Electricity Panels
* High ceilings - 2.7m
* Built in robes
* Water tank and pump - 5,000L
* Full length Balconies
* Insulation
* Fully fenced
* Ducted Vacuum
* High quality timber flooring & carpet
* Very Low Body Corp

Contact Ian Jones 0416199211 or Janice Jones 0438007798 to arrange an inspection. If you are attending an inspection or Open Inspection please Text me on 0416199211 with confirmation of your attendance as we are practicing Covid -19 Social distancing.

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Property History for 5 Elizabeth Cres, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$1,155,000
31 Jul 2020
Listed for Rent
$1.10k/w
13 Aug 2018
  • 31 Jul 2020
    Sold for $1,155,000
  • 15 Jun 2020
    Listed for Sale Offers Above $1,150,000
  • 13 Jul 2018
    Listed for Rent $1,100 / 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 8,050 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 29 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 426 properties were sold in the past 12 months in Varsity lakes.

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