1/7 Marks Drive, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

1/7 Marks Drive
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 205m2
Land area: 241m2
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Property Details for 1/7 Marks Dr, Varsity Lakes

1/7 Marks Dr, Varsity Lakes is a 3 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2008. The property has a land size of 241m2 and floor size of 205m2. While the property is not currently for sale or for rent, it was last sold in January 2019.

Building Type
Unit
Year Built
2008
Floor Size
205m2
Land Size
241m2
Local Government
Gold Coast City
Lot/Plan
1/SP214893

Last Listing description (June 2020)

HUGE House Sized Duplex with Breathtaking Lake Views Be inspired by Nature! This home is located on Varsity Waters amongst a nature reserve with impressive water views, privacy and an abundance of bird song. Creating an immediate impression of dramatic space, quality and light, this stylish one of a kind architecturally designed residence flows effortlessly over two expansive levels and offers a series of very inviting indoor/outdoor living spaces. Designed to take in the tranquil lake views with its cutting-edge contemporary open plan design, this as new 10-year young modern interior features: • 3 king-sized built-in bedrooms with as new carpet • 3 bathrooms (1 downstairs, ensuite & main upstairs) • Fully equipped separate study nook with full length built in overhead cupboards and side draws • Waterfront master suite has double basins and a WIR • Main bathroom features a separate bath, shower & powder room • Huge open plan fully tiled living zones show case 9ft ceilings which flow out to the huge entertainment area through 2 double sliding doors all capturing stunning lake views • Chiefs designer kitchen features soft closing draws, stainless steel appliances including a new oven & dishwasher, double door fridge space, drop down pendant lighting and ample built in cupboards and bench space • Air conditioning, ceiling fans, down lights and as new curtains • Video security inter com, alarm system, security and fly screens • Ample linen & storage space throughout, separate built in laundry • Large outdoor entertainment deck overlooks the tranquil lake setting • Auto D.L.U.G with internal access, 2 extra car spaces in front • Rates approx. $1500 per year, water rates approx. $400 a quarter • New painted exterior, fully fenced lakefront block, PET FRIENDLY I've found the WOW factor, promising to impress and offering the perfect balance of comfortable space and relaxed living, this home has been created for those seeking the ultimate coastal low maintenance lifestyle. 1/7 Marks Drive Varsity Lakes is waiting for your inspection todaycontact Michelle Wegener on 0439 717 647 and prepare to be very, very impressed. Bring the cheque bookbecause this one shouts SOLD!!!

Property History for 1/7 Marks Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$550,000
22 Jan 2019
  • 22 Jan 2019
    Sold for $550,000
  • 15 Jan 2019
    Listed for Sale UNDER CONTRACT BY MICHELLE WEGENER
  • 04 Feb 2017
    Listed for Sale $620,000
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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, 422 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.