OFF MARKET

8 Watts Drive
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 107m2
Land area: 125m2
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Property Details for 8 Watts Dr, Varsity Lakes

8 Watts Dr, Varsity Lakes is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 2007. The property has a land size of 125m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in August 2020.

Building Type
House
Year Built
2007
Floor Size
107m2
Land Size
125m2
Local Government
Gold Coast City
Lot/Plan
36/SP158897

Last Listing description (September 2024)

Step into this unique industrial-style apartment, where modern design meets urban flair. Featuring polished concrete floors, sleek black fixtures and fittings, and an open-concept layout, this home oozes character and sophistication. Perfectly positioned in the vibrant heart of Varsity Lakes, you'll enjoy the ultimate convenience of local cafes, shops, and lakeside walks just moments from your door.

Features include,

High ceilings

2 bedrooms with built in robes
New carpet upstairs
Open plan kitchen
Living space with polished concrete floors
Bathroom upstairs
Powder room to downstairs living
Back courtyard
Single lock up carport
Air-conditioning

DISCLAIMER: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the Landlord or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Property History for 8 Watts Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$555,000
21 Aug 2020
Listed for Rent
$860/w
19 Aug 2024
  • 12 Jun 2024
    Listed for Rent $46,800 / year
  • 21 Aug 2020
    Sold for $555,000
  • 16 Jan 2012
    Sold for $380,000
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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 8,090 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 83.11% increase in median value, while Units have seen a 78.02% increase. As at 31 August 2024:

  • The median value for Houses in Varsity Lakes is $1,155,401 while the median value for Units is $763,728.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 37 properties listed for sale, and 35 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 455 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.