OFF MARKET

61/5 Greenlands Drive
Varsity Lakes QLD 4227

Bedrooms: -
Bathrooms: 1
Car spaces: 1
Floor area: 84m2
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Property Details for 61/5 Greenlands Dr, Varsity Lakes

61/5 Greenlands Dr, Varsity Lakes is a 0 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Year Built
1990
Floor Size
84m2
Local Government
Gold Coast City
Lot/Plan
61/GTP2882

Last Listing description (April 2022)

Enjoy the tranquility of living in this private and quiet, single level Villa in the ever popular "Currawong heights" complex.

This affordable 2 bedroom home offers endless opportunities for the handyman/renovator to enhance the value with their own flair.


Ticking all the boxes with low body corporate fees and small pets being allowed on approval, the prospect of low maintenance living and a very enjoyable lifestyle in a prime location for all the Gold Coast has to offer. Local shops, M1, train station, schools , public transport closeby and famous Gold Coast beaches all within a short drive away.

BOASTING

Master bedroom with built in robes and sliding door access
Second bedroom with built in
Both Bedrooms airconditioned and carpeted
Bathroom with bath
Separate toilet
Separate laundry with access to outside
Open plan tiled living/dining, airconditioned
Functional kitchen with pantry
Security screens throughout
Private, fenced concreted area around the home, partially undercover
Single lock up auto detached garage
Water rates are shared equally $427.82 quarter
Rates $767.93 6 monthly
Rental potential $400 to $430pw


COMPLEX OFFERS

Onsite manager
Well maintained garden areas
Inground swimming pool
Tennis court
Personal access into Frascott Park, dog friendly areas, gym equipment, playground.
Low body corporate of approx $50pw
Pet friendly subject to body corporate approval
Gated complex of 84 in Currawong heights estate
Built approximately 1989

Property History for 61/5 Greenlands Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$410,000
08 Jun 2021
  • 08 Jun 2021
    Sold for $410,000
  • 23 Apr 2021
    Listed for Sale OFFERS OVER $389,000
  • 13 Oct 1993
    Sold for $95,000
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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 27 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 424 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.