3/1 Lakefront Crescent, Varsity Lakes, QLD 4227 | Apartment for sale | OnTheHouse
FOR SALE
$1,000,000+

3/1 Lakefront Crescent
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 124m2
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Move-In Ready Waterfront Residence with Stunning 180° Lake Views!

*** Video Walk Through on Facebook - Varsity Lakes Property Group ***
Proudly presented by Mitch Harrop, welcome to 3/1 Lakefront Crescent, Varsity Lakes, one of the suburb's most impressive waterfront apartments, perfectly positioned within the tightly held “Parklake” complex. Occupying an elevated ground-floor position with uninterrupted 180° views across Lake Orr, this spacious residence captures picturesque sunrises, cooling breezes, and an unbeatable lifestyle in one of Varsity Lakes' most sought-after pockets.
Offering an oversized floor plan with two bedrooms, two bathrooms, two secure car spaces, and a storage cage, this beautifully refreshed apartment presents a genuine move-in ready opportunity with absolutely nothing left to do. The open-plan living and dining area flows effortlessly to the waterfront entertaining space, creating the perfect setting to relax or entertain while enjoying stunning lake views year-round.
Boasting Home Features Include:
• Elevated ground-floor waterfront apartment with uninterrupted 180° views across Lake Orr
• Spacious floor plan with two bedrooms, two bathrooms, two secure car spaces, and storage cage
• Boutique “Parklake” complex of only 39 apartments
• Light-filled open-plan living and dining flowing seamlessly to the waterfront entertaining area
• Move-in ready residence with extensive recent upgrades throughout
• Stylish kitchen with brand-new appliances
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Property Details for 3/1 Lakefront Cres, Varsity Lakes

3/1 Lakefront Cres, Varsity Lakes is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces and was built in 2010. The property has a land size of 124m2. The place is currently for sale with Harcourts Property Hub.

Building Type
Apartment
Year Built
2010
Land Size
124m2
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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 73.20% increase in median value, while Units have seen a 102.00% increase. As at 30 June 2026:

  • The median value for Houses in Varsity Lakes is $1,408,950 while the median value for Units is $1,024,795.
  • Houses have a median rent of $950 while Units have a median rent of $825.
There are currently 72 properties listed for sale, and 31 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 413 properties were sold in the past 12 months in Varsity lakes.

Suburb Insights for Varsity Lakes 4227

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Mitch Harrop
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Harcourts Property Hub
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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.