OFF MARKET

5 Lolita Court
Varsity Lakes QLD 4227

Bedrooms: 5
Bathrooms: 2
Car spaces: 3
Floor area: 130m2
Land area: 420m2
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Last updated 11 Nov 2024
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Property Details for 5 Lolita Ct, Varsity Lakes

5 Lolita Ct, Varsity Lakes is a 5 bedroom, 2 bathroom House with 3 parking spaces and was built in 2000. The property has a land size of 420m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in July 2020.

Building Type
House
Year Built
2000
Floor Size
130m2
Land Size
420m2
Local Government
Gold Coast City
Lot/Plan
148/RP863003

Last Listing description (March 2023)

"RENOVATED 5 BEDROOM HOUSE IN VARSITY COLLEGE CATCHMENT"
Situated in the heart of the Varsity College catchment zone.

Beautifully presented, currently vacant and ready to move in. With very little available on the market this is sure to attract huge attention from buyers.

Features include:
5 bedrooms
2 renovated bathrooms
Separate toilet
Renovated kitchen with commercial 8 burner gas stove, double oven and commercial range hood
Massive double fridge space all included in sale, ample of storage, pantry and bench space
600 x 600 ceramic floor tiles throughout
Cleverly designed built-in laundry with easy access to private courtyard/clothes drying area
Split system air-conditioning
Large covered patio with low maintenance gardens
Off-street parking
Garden shed
Ceiling fans
Security screens
Fully insulated
Large purpose built storage within ceiling with easy large access
Fully fenced

Only a short walk to Aldi Shopping Centre, Varsity College, Christine Corner Shops & public transport.
Less than ten minutes to Robina Town Centre, North Burleigh Beach and a multitude of further schools, shops and entertainment.

Yes, the garage has been converted to make two extra rooms- great for families- especially those looking to move into the Varsity school catchment area.

And for the investor- with Bond University only a few minutes away, you could rent out the 5 bedrooms for a great rental return… this would be a positively geared property … something every investor wants!!!

Property History for 5 Lolita Ct, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$650,000
10 Jul 2020
Listed for Rent
$650/w
03 Aug 2018
  • 10 Jul 2020
    Sold for $650,000
  • 24 Jun 2020
    Listed for Sale SOLD - 650,000 - 17/07/2020
  • 27 Jul 2018
    Listed 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.
There are currently 33 properties listed for sale, and 25 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 425 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.