15 Palma Crescent, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
FOR SALE

15 Palma Crescent
Varsity Lakes QLD 4227

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 165m2
Land area: 400m2
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Property Details for 15 Palma Cres, Varsity Lakes

15 Palma Cres, Varsity Lakes is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2003. The property has a land size of 400m2 and floor size of 165m2.This Property is currently listed for sale with Ray White Southport

Building Type
House
Year Built
2003
Floor Size
165m2
Land Size
400m2
Local Government
Gold Coast City
Lot/Plan
335/SP158905

Last Listing description (September 2026)

Positioned in sought-after Palma Crescent, this fully renovated single-level home delivers effortless family living in one of Varsity Lakes' most popular residential pockets. Vacant and ready to move straight into, the home combines a fresh coastal renovation with a light, bright and spacious feel throughout.

Featuring four bedrooms and 2.7m ceilings throughout, the home offers light and breezy open-plan living with hybrid timber flooring through the living areas and easy flow to a fully tiled undercover entertaining area and north-facing backyard. The kitchen features a 40mm Caesarstone island bench with waterfall edges, while the large master suite includes a walk-in robe and brand-new, never-used ensuite.

The location is hard to beat, surrounded by leading schools, Bond University, shopping, transport and lakeside walking trails, with Robina and Burleigh Heads only minutes away. Vacant, ready immediately and must be sold on or before auction - all written offers prior to auction are invited and will be considered.

PROPERTY HIGHLIGHTS:

- Sellers have given clear instructions - this property must be sold!
- Full renovation in one of Varsity Lakes' best streets, Palma Crescent
- Great street appeal, all white front facade
- Vacant and ready for immediate move-in or investment
- 4-bedroom, 2-bathroom home
- 2.7m high ceilings throughout
- Large master bedroom with brand-new, never-used ensuite and walk-in robe
- Breezy, light and bright open-plan - great indoor/outdoor flow
- Quality renovated kitchen with island stone waterfall bench and modern appliances
- Hybrid timber floors to all living spaces
- Renovated main bathroom with large bath and walk-in shower
- Fourth bedroom/media room with direct access to private courtyard
- Skylighting to living spaces providing additional natural light
- LED ambient lighting throughout
- North-facing backyard
- Great undercover outdoor entertaining space
- Brand-new complete full roof restoration
- Large 8.8kW solar system to offset power bills
- Split-system air conditioning throughout
- Double lock-up remote garage with internal access
- NBN Fibre to the Premises
- 400m2 block in very quiet residential street
- Located within the popular Varsity College Prep to Year 12 catchment zone
- Council rates: $1,542 approx. per 6 months
- Water rates: $449 approx. per quarter
- Rental potential: $1200-$1300 approx. per week
- Must be sold on or before auction, all offers in writing considered

CLOSE BY LOCATIONS & PROXIMITY:

- The Nearest Varsity Bus Stop - 500m | 5 minute walk
- Varsity Lakes Train Station - 700m | 5-10 minute walk
- Lake Orr walking trails - 1.2km | 10 minute walk
- Hillcrest Christian College - 1.4km | 4 minute drive
- King's Christian College - 1.5km | 4 minute drive
- Varsity College Primary - 1.5km | 4 minute drive
- Easy T Centre & Bunnings - 2.4km | 3 minute drive
- Varsity College Secondary - 2.5km | 5 minute drive
- Varsity Lakes CBD - 3km | 6 minute drive
- Robina Town Centre - 3km | 7 minute drive
- Bond University - 4km | 6 minute drive
- Robina Hospital - 4.5km | 9 minute drive
- CBUS Super Stadium - 5km | 10 minute drive
- Burleigh Heads Beach - 6km | 10 minute drive

It's easy to see why Varsity Lakes remains such a sought-after place to live. Great schools, Bond University, lakeside walking trails, cafes, shopping and excellent transport connections are all close at hand, while Robina and the beaches, restaurants and lifestyle of Burleigh Heads are only minutes away that puts virtually everything the Gold Coast has to offer within easy reach.

Vacant, ready and genuinely for sale. Contact Rohan today to arrange your inspection prior to auction.

Disclaimer: In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own inquiries to verify the information contained herein.

Property History for 15 Palma Cres, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$520,000
15 Nov 2014
Listed for Rent
$1.15k/w
06 Jan 2026
  • 26 Sep 2026
    Listed for Sale Auction
  • 06 Jan 2026
    Listed for Rent $1,150 / week
  • 15 Nov 2014
    Sold for $520,000
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About Varsity Lakes 4227

The size of Varsity Lakes is approximately 5.9 square kilometres. There are 23 parks, covering nearly 10.6% of the total area. The population of Varsity Lakes in 2016 was 15026 people. By 2021 the population was 16493 showing a population growth of 9.8% 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 2021, 54.40% of the homes in Varsity Lakes were owner-occupied compared with 51.30% in 2016.

Varsity Lakes has 8,129 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 59.67% increase in median value, while Units have seen a 80.98% increase. As at 31 August 2026:

  • The median value for Houses in Varsity Lakes is $1,393,843 while the median value for Units is $969,991.
  • Houses have a median rent of $960 while Units have a median rent of $830.
There are currently 72 properties listed for sale, and 33 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 403 properties were sold in the past 12 months in Varsity lakes.

Suburb Insights for Varsity Lakes 4227

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.