1/3 Georgetown Street, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

1/3 Georgetown Street
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 171m2
Land area: 153m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 22 Dec 2025
Low

High
Save

Property Details for 1/3 Georgetown St, Varsity Lakes

1/3 Georgetown St, Varsity Lakes is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1996. The property has a land size of 153m2 and floor size of 171m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
House
Year Built
1996
Floor Size
171m2
Land Size
153m2
Local Government
Gold Coast City
Lot/Plan
1/BUP104235

Last Listing description (January 2024)

What an opportunity!! This is a rare find. This single level, 3-bedroom duplex has a fantastic floor plan and position.

Minutes to Burleigh Beach, Lake Orr, Robina Town Centre, Bond University, the M1 motorway, Varsity College, Caningeraba State School, Broadbeach, local shops, cafes and restaurants, you have everything at your fingertips.

Inside, the home is well thought out. The master bedroom is on one side of the house (with ensuite) and the two other bedrooms on the other with the main bathroom and garage. The kitchen, living and outside entertaining are the centrepiece of the space and the block is easily maintained and importantly, safe and enclosed.

This is an ideal home for downsizers, first home buyers, investors, working couples and in terms of long term capital growth, this one is an absolute gold mine, with its proximity to all the best that the Gold Coast has to offer and still to be realised potential of Varsity Lakes.

The neighbourhood is convenient, quiet, walkable and is family friendly. You can engage or just smile and wave.

As you can tell, I'm a pretty big fan of the home, the area and the locals and urge you to give me a call on 0475 046 561 if you have any questions or if you' like more information on inspection times.

HIGHLIGHTS:

? Solid Single Storey duplex with an enclosed block
? 3 Bedrooms/2 Bathrooms/Double lock up garage
? Generous living areas that lead to outside entertaining and bedrooms
? Air conditioning
? Great floor plan ideal for families, downsizers and investors
? Open kitchen
? Safe neighbourhood with a great sense of community
? A short walk to Lake Orr and the water
? Dining/meals area
? Quality kitchen appliances
? Well maintained
? Separate laundry
? Fantastic investment in a high growth area
? Very close to Schools, Hospital, Robina Town Centre, Bond University and Burleigh Beach!

POTENTIAL INCOME:

Rental potential: $850- $900 week (approx)
Airbnb/Stayz: $195 - $595 per night (entire home depending on season)

SCHOOL CATCHMENT ZONE:

Caningeraba State School
Varsity College Senior School
Bond University

DISTANCES:

Bus Stop - 350 m
Local Shopping Centre - 400 mm
Major Shopping Centre - 4.6 km

Primary School - 3. km
High School - 4.3 km by car and 2.1 km by push bike
Parkland - 165 m

Highway - 3.5 m
Train Station - 3.5 km
Beach - 3.9 km
Hospital - 6.5 km

Property History for 1/3 Georgetown St, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$890,000
30 Nov 2023
  • 30 Nov 2023
    Sold for $890,000
  • 22 Nov 2023
    Listed for Sale Offer Deadline - 8th December
  • 10 Feb 2018
    Sold for $505,000
Sign in to see more transactions
Commute Calculator

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 8,092 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 97.94% increase in median value, while Units have seen a 103.23% increase. As at 30 November 2025:

  • The median value for Houses in Varsity Lakes is $1,324,459 while the median value for Units is $922,789.
  • Houses have a median rent of $870 while Units have a median rent of $800.
There are currently 24 properties listed for sale, and 25 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 402 properties were sold in the past 12 months in Varsity lakes.

Suburb Insights for Varsity Lakes 4227

Market Insights
Varsity Lakes Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Varsity Lakes Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.