OFF MARKET

8 Woollahra Court
Varsity Lakes QLD 4227

Bedrooms: 6
Bathrooms: 4
Car spaces: 4
Floor area: 181m2
Land area: 622m2
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Property Details for 8 Woollahra Ct, Varsity Lakes

8 Woollahra Ct, Varsity Lakes is a 6 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1995. The property has a land size of 622m2 and floor size of 181m2. While the property is not currently for sale or for rent, it was last sold in September 2016.

Building Type
Unit
Year Built
1995
Floor Size
181m2
Land Size
622m2
Local Government
Gold Coast City
Lot/Plan
22/RP885946

Last Listing description (February 2017)

It s not very often that as an investor you can grab the chance to own both sides of a duplex pair and reap the benefits of dual income.
This lovely duplex pair in the popular and sought after Varsity Lakes provides just that opportunity and much much more.
Both units are generous in size with fully fenced lawn areas Three bedrooms all with built in wardrobes and master with en-suite. The tiled living areas are bathed in natural sunlight & both come complete with double lock up garages. The Duplex backs onto Frascott Park, making them ideal for younger families or retirees alike.

The units are currently rented out with long term tenants in place.
This is a dead set no brainer - jump on board ASAP!
- Duplex pair
- One title
- Live in one and rent out the other
- No body corporate
Inspections by appointment only

Property History for 8 Woollahra Ct, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$840,000
22 Sep 2016
Listed for Rent
$410/w
16 Nov 2015
  • 22 Sep 2016
    Sold for $840,000
  • 19 Jul 2016
    Listed for Sale $849,000
  • 06 Nov 2015
    Listed for Rent $410 / 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 8,045 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 25 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 425 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.