1/5 Balmain StreetVarsity Lakes QLD 4227
Property Details for 1/5 Balmain St, Varsity Lakes
1/5 Balmain St, Varsity Lakes is a 3 bedroom, 1 bathroom House and was built in 2001. The property has a land size of 117m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in July 2025.
Last Listing description (September 2026)
*** Secure this property at $750 per week until 12th October 2026, with the rent increasing to $900 per week from 13th October 2026 for the remainder of the lease***
Beautifully presented and filled with natural light, this inviting single-level duplex offers a surprisingly spacious layout with a fresh, modern feel throughout. The open-plan living and dining area flows seamlessly into the stylish brand-new kitchen, complete with stone benchtops, breakfast bar, dishwasher and excellent storage, while timber-look flooring creates a warm and low-maintenance finish.
Offering the perfect combination of comfort and convenience, this home is ideal for those seeking easy single-level living in a peaceful yet well-connected location. With a secure yard for children to enjoy, parklands virtually at your doorstep and schools, shopping centres and Burleigh beachfront all within easy reach, this is a wonderful opportunity to enjoy a relaxed Gold Coast lifestyle.
Property Features:
Three bedrooms with built-in robes (third bedroom/converted garage features external sliding door access
Spacious and light filled interior with timber look flooring flowing throughout
Open plan living and dining areas with split system air conditioning
Stylish brand-new kitchen featuring a breakfast bar with stone benchtops and dishwasher
Main bathroom offering separate shower, bath and powder room
Separate laundry
Off street parking for one car
Location Highlights:
30 metres to parklands
Walk to Frascott Park featuring two playgrounds, basketball court, dog agility park, open fields and a cycle/exercise path
5 minutes to Treetops Shopping Centre, Bunnings and Marymount College
4.5km to Burleigh beachfront
*** To register for inspections, scroll to bottom and hit 'Add to Plan' next to the advertised inspection time and add your details. We'll see you there! ***
Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor 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 1/5 Balmain St, Varsity Lakes, QLD 4227
- 21 Aug 2026Listed for Rent $750 / week
- 01 Jul 2025Sold for $840,000
- 17 Jun 2025Listed for Sale Offers over $799,000
Recent sales nearby
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0About 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 8,127 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.
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