7/14 Gammon Drive, Varsity Lakes, QLD 4227 | House for sale | OnTheHouse
 
FOR SALE
By Appointment Only

7/14 Gammon Drive
Varsity Lakes QLD 4227

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 138m2
Land area: 115m2
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SET AND-FORGET INVESTMENT WITH LONG TERM LEASE IN PLACE

Positioned within a tightly held boutique complex of just 11 residences and backing directly onto a peaceful nature reserve, this spacious four-bedroom townhouse presents an outstanding opportunity to secure a quality investment in one of the Gold Coast's most tightly held and consistently high-performing rental markets.
Recently leased and already generating an impressive $900 per week, the property is offered with secure tenants in place until 28 June 2027, providing immediate rental income and peace of mind from day one. Whether you're looking to expand your portfolio or secure a low-maintenance investment with strong long-term growth potential, this property delivers on every front.
Designed for effortless living, the light-filled floorplan offers multiple indoor and outdoor living spaces, generous accommodation and private courtyards that continue to attract quality long-term tenants.
Investment Highlights:
- Currently leased at $900 per week
- Fixed tenancy in place until 28 June 2027
- Immediate rental income from settlement
- Boutique complex of only 11 townhomes
- Strong rental demand in one of the Gold Coast's most sought-after investment suburbs
- Excellent long-term capital growth potential
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Property Details for 7/14 Gammon Dr, Varsity Lakes

7/14 Gammon Dr, Varsity Lakes is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 115m2 and floor size of 138m2. The place is currently for sale with Ray White Burleigh Group.

Building Type
House
Floor Size
138m2
Land Size
115m2
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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 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 68 properties listed for sale, and 36 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 421 properties were sold in the past 12 months in Varsity lakes.

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Jarrod Pienaar
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Ray White Burleigh Group
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