1/12 Thornleigh Crescent, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

1/12 Thornleigh Crescent
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 115m2
Land area: 337m2
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Property Details for 1/12 Thornleigh Cres, Varsity Lakes

1/12 Thornleigh Cres, Varsity Lakes is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1994. The property has a land size of 337m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
House
Year Built
1994
Floor Size
115m2
Land Size
337m2
Local Government
Gold Coast City
Lot/Plan
1/GTP4256

Last Listing description (November 2023)

With a fresh and vibrant paint scheme I think we have done a pretty good job getting the place ready for sale and there's so much to like about this freestanding home.

Let's start with the obvious! Location! With a sunny backyard, this home is ideal for looking for a space to grow some beautiful roses or plant that veggie patch you've always dreamt about. The street is quiet too, Frascott Park is just a short 4 min stroll away so will often see the local families enjoying the two playgrounds, that's ideal for birthday parties, family outings, picnic and community events. Did I mention the fenced off dog park with agility equipment, full sized basketball court and a path that loops the entire park? Thornleigh Crescent is located just a short 4.3km drive to North Burleigh Beach and therefore a desirable location now and for your future returns. This is a friendly place that the locals love to call home, so why not take the time to inspect.

Robina Town Centre is just a short drive away and has garnered a reputation as one of the premier shopping spots on the coast. Closer to home you will have the convenience of Christine Corner shops that feature the Indian Hut, Chinese, Brumby's, Night Owl, Harry's Carvery, Seafood, the Wild Cherry Cafe, Subway, Sushi Train, Merlins Pizza and so much more, you will be pleased with your decision to call Thornleigh Crescent your home!

Secondly, the owners of this duplex have not spared a cent getting this home ready for market. The home has been repainted inside & out, new lights, new fans, new blinds, fresh new carpets through the three bedrooms, the gardens mulched, floor scrubbed and presented to an excellent standard. We did leave a couple of jobs for you though, so you may need to roll up your sleeves and do some painting, but really it's not necessary.

Finally, Motivation, It's selling and the owners situation has changed and therefore this little gem must be sold. The home is available for you to make offers and all offers will be considered.

Duplex Home:
3 bedrooms
2 bathrooms
1 x Single Garage + 1 park on the drive
Single Lane Shade Sail coverage (excellent condition)
Fully Fenced backyard
Side Access to Hang Laundry
Private access from single garage into home
Tool Shed

What's new?
Freshly Painted Inside & Out
New Carpets
New Blinds Bedrooms and Main Living
New Ceiling Fans
New LED lights throughout living area
New Toilet Cistern and Seat
New Cooktop Rangehood extractor
New Oven (never used 8th months old)
Painted Roof 12 month old
Fully insulated roof

Expected Income:
$760 to $780 per week approx

Outgoings:
Rates $900 every 6 month approx
Water $319 per quarter approx

Property is going to be auctioned on the 24th August and will be sold.

Property History for 1/12 Thornleigh Cres, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$787,000
24 Sep 2023
  • 24 Sep 2023
    Sold for $787,000
  • 21 Jul 2023
    Listed for Sale Auction - Thursday 24th August
  • 30 Jan 2007
    Sold for $345,000
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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 8,106 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 85.34% increase in median value, while Units have seen a 105.15% increase. As at 30 April 2026:

  • The median value for Houses in Varsity Lakes is $1,413,430 while the median value for Units is $1,010,799.
  • Houses have a median rent of $950 while Units have a median rent of $800.
There are currently 52 properties listed for sale, and 21 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 420 properties were sold in the past 12 months in Varsity lakes.

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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.