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Sold on 20 Nov 2024 for $749,000

6/18 Geraldton Drive
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 116m2
Land area: 70m2
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Property Details for 6/18 Geraldton Dr, Varsity Lakes

6/18 Geraldton Dr, Varsity Lakes is a 3 bedroom, 3 bathroom Townhouse with 2 parking spaces and was built in 2003. The property has a land size of 70m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 3 bedroom Townhouse sold in Varsity Lakes in the last 12 months.

Building Type
Townhouse
Year Built
2003
Floor Size
116m2
Land Size
70m2
Local Government
Gold Coast City
Lot/Plan
6/SP157817

Last Listing description (November 2024)

Spacious Townhouse in Boutique Complex!Experience tranquillity and sophistication in this expansive townhouse at 6/18 Geraldton Drive, Varsity Lakes, proudly presented by Mitch Harrop. Located within the secure "Forest Mews" complex, complete with gated entry and intercom for added peace of mind.Upon entry, the impressive scale of this home becomes evident, extending across three spacious levels. A rare find, all three bedrooms come with their own private bathrooms. Recent upgrades bring a fresh touch of modern style, making this a perfect choice for investors or first-time homebuyers.Just minutes from the picturesque Lake Orr and within walking distance to Bond University, Varsity CBD, and top-rated schools, this townhouse blends convenience with charm. Enjoy a lifestyle where you're seamlessly connected to a vibrant community and the natural beauty around you.Boasting Home Features Include: * The open plan living area is filled with natural light, featuring refreshed paint and floorboards for a bright, welcoming feel* Four separate balconies provide seamless indoor-outdoor living, ideal for both entertaining and relaxation* Large kitchen equipped with quality appliances, ample storage, and an all-electric setup* Ground floor includes a separate bedroom with a powder room, additional shower, separate laundry, and a large backyard offering versatile living space* Top-level features two bedrooms with ample storage and floorboards throughout* Master bedroom includes two wardrobes, a ceiling fan, a private balcony with leafy views, and an ensuite* The spacious second bedroom offers a double mirrored wardrobe, ceiling fan, balcony, and its own ensuite* Recently updated with new lighting, paint, carpets, and curtains, providing a fresh, modern look* Single lock up garage with internal access, plus additional covered parkingCouncil Rates: Approx. $1,200 bi-annuallyWater Rates: Approx. $420 per quarterBody Corporate: Approx. $110 per week Rental Appraisal: $800 - $850 per week Boasting Location Features Include:* Within the Varsity College catchment zone* Short walk to Varsity Primary and secondary schools* Walking trail and park area at the end of the street* Picturesque Lake Orr boardwalks are just moments away* Bond University, transport and local amenities close by* Short drive to Robina Town Centre, Robina Hospital & the glorious golden sandy beaches of Burleigh, Miami and Mermaid BeachIf you are looking to buy your first home, downsize for ease and convenience or invest in a sought-after location, this home is for you.Contact your local agent, Mitch Harrop, for more information today!Disclaimer: We have in preparing this information used our 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 purchasers should make their own enquiries to verify the information contained herein. * denotes approximate measurements.

Property History for 6/18 Geraldton Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$749,000
20 Nov 2024
Listed for Rent
$440/w
06 Jun 2015
  • 20 Nov 2024
    Sold for $749,000
  • 25 Sep 2024
    Listed for Sale Offers over $749,000
  • 25 May 2015
    Listed for Rent $450 / 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 8,041 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 27 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 423 properties were sold in the past 12 months in Varsity lakes.

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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.