1/17 Balmain Street, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

1/17 Balmain Street
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 109m2
Land area: 132m2
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Property Details for 1/17 Balmain St, Varsity Lakes

1/17 Balmain St, Varsity Lakes is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1994. The property has a land size of 132m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
House
Year Built
1994
Floor Size
109m2
Land Size
132m2
Local Government
Gold Coast City
Lot/Plan
1/SP132268

Last Listing description (May 2022)

This beautiful low set villa has just had a full internal repaint , new timber loose lay vinyl plank floors and fresh carpet throughout.

Upon entry the home consists of a great sized living area, which adjoins an open plan kitchen and dining area the flows seamlessly onto the very private covered alfresco area.
Plenty of room for entertaining or those family BBQ's.


The property has been well looked after and requires very little maintenance. The front yard could easily be fenced in to create even more outdoor space perfect for the kids and pets to enjoy. The duplex has approx. 301m2 of land .
The home provides a great opportunity to get into the Gold Coast market or even a great investment opportunity with duplex's like these in this location being very desirable.

There are two good size bedrooms with built in robes. There's also potential to convert the garage into a 3rd bedroom, additional living space and or office with off street parking available. ( subject to GCCC approval)

It has a separate toilet ( new) and large laundry with linen cupboard which adjoins a rear court yard with clothesline.

Amazing street with a real family feel, near parks and reserves.
Air-conditioned family living area
Security screens throughout
The master bedroom with built-in wardrobes
Great sized family bathroom with a bath and brand new vanity.
Fully fenced rear yard with private covered alfresco.
Large open plan kitchen in great condition and plenty of bench space
Outstanding investment potential in a hot rental market
Being a duplex there is No body corporate, just shared insurance $660pa.

The property is vacant, has just had a full bond clean and the owner is motivated and ready to sell !

Duplex opportunities of this calibre and condition are few and far between. This one is read to move into or attract a premium rent. Get in touch today before its gone !

Shane Martin 0438 723 801

Disclaimer:
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Property History for 1/17 Balmain St, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$710,000
30 Apr 2022
  • 30 Apr 2022
    Sold for $710,000
  • 14 Apr 2022
    Listed for Sale Offers over $699,000
  • 21 Nov 2003
    Sold for $295,000
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About Varsity Lakes 4227

The size of Varsity Lakes is approximately 5.9 square kilometres. It has 23 parks covering nearly 10.6% of 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 30-39 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 8,105 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 85.58% increase in median value, while Units have seen a 102.91% increase. As at 31 March 2026:

  • The median value for Houses in Varsity Lakes is $1,404,419 while the median value for Units is $979,638.
  • Houses have a median rent of $950 while Units have a median rent of $800.
There are currently 41 properties listed for sale, and 24 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.

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.