38 Roundelay Drive, Varsity Lakes, QLD 4227 | House for sale | OnTheHouse
 
FOR SALE
Offers over $1,300,000

38 Roundelay Drive
Varsity Lakes QLD 4227

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Land area: 410m2
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New Price, Exceptional Value – Dual Living Opportunity in Varsity Lakes

Positioned in one of Varsity Lakes' most sought-after pockets, this beautifully presented family home delivers the perfect balance of comfort, flexibility and lifestyle. Combining a spacious family residence with a fully separate studio dwelling, this is a rare opportunity to secure a versatile property with exceptional lifestyle appeal.
Ideal for families, investors or buyers seeking dual living potential, the property features a spacious main residence complemented by a fully separate studio at the rear. Recently repositioned to Offers Over $1.3 million, this outstanding home now represents exceptional value and is expected to attract strong interest.
Designed for relaxed everyday living, the main home offers three generous bedrooms, two well-appointed bathrooms and a double lock-up garage, with functional indoor and outdoor spaces perfectly suited to modern family life.
Adding exceptional versatility is the separate studio residence, complete with an open-plan bedroom space, private ensuite, wardrobe and kitchenette — ideal for extended family, guests, a teenager's retreat, a home business or an additional income opportunity.
Main Residence:
- Master bedroom with air conditioning and private ensuite
- Two additional bedrooms with built-in wardrobes
- Main bathroom with separate powder room
- Spacious living area with custom built-in cabinetry & air conditioning
- Open-plan living and dining area
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Property Details for 38 Roundelay Dr, Varsity Lakes

38 Roundelay Dr, Varsity Lakes is a 4 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 410m2. The place is currently for sale with PRD BURLEIGH HEADS.

Building Type
House
Land Size
410m2
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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 8,127 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 70.17% increase in median value, while Units have seen a 92.69% increase. As at 31 July 2026:

  • The median value for Houses in Varsity Lakes is $1,419,081 while the median value for Units is $997,662.
  • Houses have a median rent of $970 while Units have a median rent of $825.
There are currently 65 properties listed for sale, and 38 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 431 properties were sold in the past 12 months in Varsity lakes.

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Jessica Robertson
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Bronte Hodgins
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PRD BURLEIGH HEADS
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