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Varsity Lakes
QLD, 4227 - Gold Coast

Thinking about buying in Varsity Lakes? Now could not be a better time, with 9423 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $833,000 with prices in this suburb ranging from $141,000 to $13,744,000. Varsity Lakes is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $525.29
Median Monthly Mortgage $1865.40
Median Persons Per Bedroom 0.87
Average Household Size 2.71
Average Age 36.80
Average Income $783.09
Average Cars Per Dwelling 1.77
Average Properties Within 50M 56

Housing Stock

Average Property Prices

1 Bed  $400,000
2 Bed  $631,000
3 Bed  $919,000
4 Bed  $1,157,000
5 Bed  $1,427,000
6 Bed+$1,438,000

Varsity Lakes Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Low average incomes in Varsity Lakes is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The high percentage of professional people in Varsity Lakes classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Varsity Lakes requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Houses for sale Varsity Lakes

Harcourts UNIT 1, 23 RANDWICK CT, VARSITY LAKES, QLD, 4227 Beds3 Bathrooms2 Parking 1 Expressions of Interest
Harcourts UNIT 83, THE RESERVE, 251 VARSITY PDE, VARSITY LAKES, QLD, 4227 Beds2 Bathrooms2 Parking 1 $730,000
Harcourts UNIT 53, SCHOLARS COVE TWO, 3-21 REGENSBERG CL, VARSITY LAKES, QLD, 4227 Beds3 Bathrooms2 Parking 1 CONTACT AGENT
LJ Hooker UNIT 115, THE RESERVE, 251 VARSITY PDE, VARSITY LAKES, QLD, 4227 Beds2 Bathrooms2 Parking 2 Offers over $749,000
LJ Hooker UNIT 7, 4 LOWOOD CT, VARSITY LAKES, QLD, 4227 Beds3 Bathrooms2 Parking 1 Contact Agent
LJ Hooker UNIT 72, 98 UNIVERSITY DR, VARSITY LAKES, QLD, 4227 Beds1 Bathrooms1 Parking 1 Offers over $510,000
LJ Hooker UNIT 2, EMORY PLACE, 11 SWINBURNE ST, VARSITY LAKES, QLD, 4227 Beds3 Bathrooms2 Parking 2 Offers over $890,000
LJ Hooker UNIT 2, ROSELAND GARDENS, 1 WARBLER PDE, VARSITY LAKES, QLD, 4227 Beds3 Bathrooms2 Parking 2 Offers Over $719,000
LJ Hooker UNIT 1109, 397 CHRISTINE AV, VARSITY LAKES, QLD, 4227 Beds2 Bathrooms2 Parking 1 Offers over $779,000
LJ Hooker UNIT 9, FOREST MEWS AT VARSITY LAKES, 18 GERALDTON DR, VARSITY LAKES, QLD, 4227 Beds3 Bathrooms3 Parking 2 Offers over $749,000
LJ Hooker 2 CAPITAL CT, VARSITY LAKES, QLD, 4227 Beds2 Bathrooms2 Parking 1 From $759,000
PRD 29 LAKERIDGE DR, VARSITY LAKES, QLD, 4227 Beds3 Bathrooms2 Parking 2 Contact Agent
PRD 12 PRISTINE CT, VARSITY LAKES, QLD, 4227 Beds3 Bathrooms2 Parking 2 Contact Agent
PRD 19 GERONA CCT, VARSITY LAKES, QLD, 4227 Beds5 Bathrooms3 Parking 2 Offers over $1,249,000
Ray White 28 PRISTINE CT, VARSITY LAKES, QLD, 4227 Beds3 Bathrooms2 Parking 2 970000
Ray White 33 ROUNDELAY DR, VARSITY LAKES, QLD, 4227 Beds3 Bathrooms2 Parking 4 850000
Ray White UNIT 10, 35-39 AZZURRA DR, VARSITY LAKES, QLD, 4227 Beds4 Bathrooms2 Parking 2 900000
Remax 4 BARBIE AV, VARSITY LAKES, QLD, 4227 Beds4 Bathrooms2 Parking 2 Under Offer
Taylors 3 TINDARI PL, VARSITY LAKES, QLD, 4227 Beds3 Bathrooms2 Parking 2 Offers Over $995,000
Taylors 29 YODELAY ST, VARSITY LAKES, QLD, 4227 Beds4 Bathrooms2 Parking 2 Offers over $899,000
Taylors 9 GAINSBOROUGH DR, VARSITY LAKES, QLD, 4227 Beds3 Bathrooms2 Parking 2 Offers above $849,000
Taylors UNIT 6, 76 BAYSWATER AV, VARSITY LAKES, QLD, 4227 Beds3 Bathrooms2 Parking 2 $750 p/week

Local Schools

Varsity College

Arcadia College

King's Christian College

Australian Industry Trade College

Gold Coast Christian College

Caningeraba State School

Hillcrest Christian College

Robina State School

Marymount Primary School

Marymount College

(While the above schools are located with the suburb of Varsity Lakes there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Varsity Lakes weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan7.421.028.858.989.84.923.0
Feb8.421.128.959.091.34.721.0
Mar7.920.328.159.992.64.217.7
Apr5.917.025.855.591.73.816.5
May3.213.423.451.892.43.413.5
Jun4.111.621.254.592.43.512.0
Jul1.610.021.147.492.43.412.9
Aug1.310.422.642.792.23.615.9
Sept112.924.246.090.44.319.6
Oct4.015.925.25490.04.621.9
Nov2.118.527.154.989.64.925.2
Dec6.420.128.25890.54.724.5

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

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Public Transport


General Points of Interest

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