41 Watts Drive, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

41 Watts Drive
Varsity Lakes QLD 4227

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 205m2
Land area: 196m2
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Property Details for 41 Watts Dr, Varsity Lakes

41 Watts Dr, Varsity Lakes is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 2004. The property has a land size of 196m2 and floor size of 205m2. While the property is not currently for sale or for rent, it was last sold in November 2011.

Building Type
House
Year Built
2004
Floor Size
205m2
Land Size
196m2
Local Government
Gold Coast City
Lot/Plan
64/SP158891

Last Listing description (July 2026)

No Body Corporate Fees | Absolute Lake Lifestyle | Auction 11 July 2026 10.30am

Opportunities like this don't last. With direct access to the Lake Orr boardwalk, breathtaking water views, and the rare advantage of owning both the house and land, this is one of Varsity Lakes' most compelling offerings.

Slices of real estate on Watts Drive rarely come to market and for good reason. As soon as you drive through the vibrant market square and its chic restaurants and cafe scene you'll enter a private enclave of waterfront homes that not only express character but also offer a peace and serenity on the water that's hard to find in Varsity Lakes.

Wake up to sparkling lake vistas, cooling easterly breezes, and a lifestyle many dream of but few secure. Fish from your private jetty, kayak on the lake, or step straight onto kilometres of walking and cycling paths right from your doorstep.

Perfectly positioned within walking distance of Market Square dining, Bond University, cafes, shops, Varsity College, and everyday conveniences, this versatile home combines lifestyle, flexibility, and location in one exceptional package.

The unique upstairs-downstairs layout creates exciting possibilities for families, remote workers, or those seeking a council-approved home business setup with permitted signage and dual access from both Watts Drive and the Lake Orr boardwalk.

Highlights:
House and land title - No Body Corporate Fees
Spectacular Lake Orr views
Direct boardwalk and lake access
Private jetty for fishing and recreation
Spacious master suite with ensuite, balcony and two walk-in robes
Two generous children's bedrooms
Two bathrooms plus powder room
Council-approved home office/business space
Miele appliances (Dishwasher/Oven) along with the 5-burner Smeg gas cooktop
Solar system
Steel frame construction
Modern kitchen with 5-burner Smeg gas cooktop
Ducted air conditioning
Multiple indoor and outdoor living zones
4 Car lock-up garage plus additional storage
Low-maintenance, lock-and-leave lifestyle
Multiple sunny spaces for potted herbs, a garden, or your favourite chair to take in the views

Location:
On the Lake
100m to cafes, restaurants and shops
800m to Bond University
400m walk to Varsity College
4.1km to Robina Town Centre
7.5km to Gold Coast beaches
3.4km to Varsity Lakes Train Station

Fast Facts:
Rates:$269.49
Water:$387.00
Rental Returns: Complete house $1500 pw (Approx.)
Rent Commercially, Combined or separately $1800 (approx)

Property History for 41 Watts Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$699,000
28 Nov 2011
Listed for Rent
$1.10k/w
22 Oct 2025
  • 11 Jul 2026
    Sold for $1,706,000
  • 19 Jun 2026
    Listed for Sale Auction
  • 08 Oct 2025
    Listed for Rent $1,100 / week
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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 8,128 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 71 properties listed for sale, and 31 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 415 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.