OFF MARKET

7 Magenta Drive
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 123m2
Land area: 379m2
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Property Details for 7 Magenta Dr, Varsity Lakes

7 Magenta Dr, Varsity Lakes is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2001. The property has a land size of 379m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
House
Year Built
2001
Floor Size
123m2
Land Size
379m2
Local Government
Gold Coast City
Lot/Plan
67/SP141110

Last Listing description (May 2024)

This free standing single level modern home is positioned in the "Dress Circle of North Shore" in Varsity Lakes. A family home that you can move in and enjoy immediately as it is currently vacant. With your own private pool, an immaculate interior in a sought after location makes this one to inspect immediately.

First inspections at this stage will be Wednesday 21st April.

Features:

Chef’s style kitchen, SMEG appliances + induction cooktop, Caesar stone benchtops
Master with en-suite and walk in robe
2 further large bedrooms with built ins
Modern renovated bathrooms
9ft ceilings in living areas
Free flowing living to outdoor entertaining
Crim-safe security screens throughout
Remote double lock up garage with internal entry
Ample storage
Air-conditioning
Fully fenced garden with beautiful salt water pool
Immaculate landscaping front and back
Fantastic corner block with lots of privacy
Quiet, peaceful position within the ‘Dress Circle’

Situated just 100m to the local park
A short walk to Lake Orr
Varsity College zoned for both Junior & Senior Colleges
Bond University close by
Local shops a short walk away
Minutes to Robina Town Shopping Centre
10 minutes to Miami & Burleigh beaches

Property History for 7 Magenta Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$821,000
26 Apr 2021
Listed for Rent
$670/w
28 Jul 2020
  • 28 Jul 2022
    Listed for Sale Sold
  • 04 Mar 2022
    Listed for Sale Sold
  • 26 Apr 2021
    Sold for $821,000
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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 26 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.

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.