3/42 Frascott Avenue, Varsity Lakes, QLD 4227 | DuplexSemi-detached for sale | OnTheHouse
FOR SALE
Offers Over $975,000

3/42 Frascott Avenue
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 161m2
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Park Frontage, Generous Yard & No Body Corporate!!

*** Video Walk Through on Facebook - Varsity Lakes Property Group ***
Proudly presented by Mitch Harrop, welcome to 3/42 Frascott Avenue, Varsity Lakes, a single-level home enjoying a fantastic position directly adjoining Frascott Park. Offering 161m² of total space, a generous yard and no body corporate fees, this is a rare opportunity to secure a well-positioned home in a highly sought-after location.
The heart of the home is a light-filled open-plan kitchen, living and dining area, designed for easy everyday living and entertaining. The kitchen features a generous island bench and flows seamlessly onto the expansive covered deck, offering a leafy outlook across Frascott Park and a roller door providing direct access to the park. A separate lounge provides additional living space, while fresh paint, air-conditioning and ceiling fans add comfort throughout.
Three well-proportioned bedrooms are serviced by the central bathroom, complete with both a bath and shower. Outside, the impressive yard wraps around the home, providing plenty of space for children, pets or entertaining, along with a carport/shed and separate storage area. With its direct park access, generous outdoor space and low-maintenance single-level layout, this home offers an exceptional opportunity in the heart of Varsity Lakes.
Boasting Home Features:
• Parkfront position directly overlooking Frascott Park with a leafy outlook
• Spacious single-level home with a practical, easy-living floorplan
• 161m² total area with generous indoor and outdoor living spaces
• Light-filled open-plan kitchen, living and dining area
• Well-appointed kitchen with generous island bench and ample storage
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Property Details for 3/42 Frascott Ave, Varsity Lakes

3/42 Frascott Ave, Varsity Lakes is a 3 bedroom, 1 bathroom DuplexSemi-detached with 2 parking spaces. The property has a floor size of 161m2. The place is currently for sale with Harcourts Property Hub.

Building Type
DuplexSemi-detached
Floor Size
161m2
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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 8,126 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 32 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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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.