OFF MARKET

5 Nepean Court
Varsity Lakes QLD 4227

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 161m2
Land area: 350m2
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Property Details for 5 Nepean Ct, Varsity Lakes

5 Nepean Ct, Varsity Lakes is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2002. The property has a land size of 350m2 and floor size of 161m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
House
Year Built
2002
Floor Size
161m2
Land Size
350m2
Local Government
Gold Coast City
Lot/Plan
102/SP149367

Last Listing description (January 2024)

You have an incredible opportunity to live lakeside in Varsity Lakes. When you live this close to Lake Orr, Burleigh Beach, Robina Town Centre, Varsity College (primary and secondary), the M1, Bond University, Varsity Train station, Coolangatta Airport, nightlife and you have lived in other parts of Australia like Sydney or Melbourne, you really get a sense of how blessed you'll be to live here.

HIGHLIGHTS:

- 4 Bedrooms

- 2 Bathrooms
- Double lock up garage
- Low maintenance home
- Back undercover patio which flows from kitchen and dining
- Renovated open plan kitchen
- New flooring
- Air conditioning in lounge and main bedroom
- 2 living areas

Register now as renovated family homes in this area do not come up often!

In preparing this information Harcourts Broadwater has used its best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective tenants and buyers should make their own enquiries to verify the information contained herein.

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

A timeline of how this property has performed in the market
Last Sold
$920,000
12 Apr 2023
Listed for Rent
$1.00k/w
12 Jan 2024
  • 08 Jan 2024
    Listed for Rent $1,000 / week
  • 12 Apr 2023
    Sold for $920,000
  • 07 Feb 2023
    Listed for Sale Auction - Wednesday 12th April
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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 8,048 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 28 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 419 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.