SOLD
RECENT ADVICE
Sold on 06 Nov 2023 for $710,000

6/1 Pontoon Place
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
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Property Details for 6/1 Pontoon Pl, Varsity Lakes

6/1 Pontoon Pl, Varsity Lakes is a 3 bedroom, 3 bathroom Townhouse with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom Townhouse sold in Varsity Lakes in the last 12 months.

Building Type
Townhouse
Local Government
Gold Coast City
Lot/Plan
6/GTP2744

Last Listing description (November 2023)

This is your chance to secure one of the most affordable townhouses in Varsity Lakes.

Whilst it is ready for some cosmetic repairs it allows for the first home , last home buyer or investor to enter the tightly held suburb.

The open plan design allows for an ease of living that compares to a house and is surrounded by a fully fenced large yard area.

All bedrooms are generous in size and the master is serviced by the ensuite.

Location is everything and you are just a short stroll to local daycare, state primary schools and public transport is available nearly at your door.

A two minute walk to Christine Corner Shopping Centre and just five minutes by car will have you at the Burleigh beachside or Robina Town Centre making this an ideal place to call home.

Make Varsity Lakes your next move…

Property History for 6/1 Pontoon Pl, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$710,000
06 Nov 2023
Listed for Rent
$430/w
24 Oct 2019
  • 23 Oct 2023
    Sold for $710,000
  • 17 Oct 2023
    Listed for Sale Interest Over $680,000
  • 30 Sep 2019
    Listed for Rent $430 / 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 8,093 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 86.62% increase in median value, while Units have seen a 77.39% increase. As at 31 July 2024:

  • The median value for Houses in Varsity Lakes is $1,162,033 while the median value for Units is $760,798.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 40 properties listed for sale, and 30 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 448 properties were sold in the past 12 months in Varsity lakes.

Suburb Insights for Varsity Lakes 4227

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Justin Smith
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Smith Realty & Associates
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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.