1 Gainsborough Drive, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

1 Gainsborough Drive
Varsity Lakes QLD 4227

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 170m2
Land area: 739m2
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Property Details for 1 Gainsborough Dr, Varsity Lakes

1 Gainsborough Dr, Varsity Lakes is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1997. The property has a land size of 739m2 and floor size of 170m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
House
Year Built
1997
Floor Size
170m2
Land Size
739m2
Local Government
Gold Coast City
Lot/Plan
11/RP885945

Last Listing description (September 2025)

Situated on a huge 739sqm corner block, this stunning family sized home has been beautifully renovated throughout and enjoys a quiet location close to parks and ideal for families. The home itself is single level with a fantastic floor plan and is immaculately presented with nothing more to do.

Comprising of 4 bedrooms, 3 with built-ins and ceiling fans, the main with air-conditioning, ensuite and walk in robe. The open floorplan flows right through the home which includes a gourmet kitchen complete with SMEG appliances, breakfast bar, stone bench tops and a servery opening directly to the outdoor area. Stunning bathroom with large freestanding bathtub, study nook and a spacious air-conditioned lounge room with on-trend VJ feature wall panels and plenty of storage.

Stepping right from your lounge room out onto the super-sized north facing undercover outdoor area with its high roof, and timber decking you will find an outdoor kitchen complete with built in BBQ and bar fridge. Completing your tropical backyard setting is the frameless glass fenced saltwater inground pool surrounded by synthetic grass and lush gardens giving you a sense of privacy and tranquillity.

Also featuring secure gated intercom access, a double carport with additional off-street parking, along with solar panels keeping those energy bills at bay.

- Beautifully renovated spacious and practical single level family sized home
- Open plan, kitchen & dining room & large lounge room
- Kitchen with SMEG appliances, breakfast bar, stone bench tops & a servery window
- 4 bedrooms, 3 with fans & build ins, main bed with ensuite & walk in robe
- Ceiling fans and air conditioning throughout for all year-round comfort
- Huge undercover outdoor entertaining area with built in BBQ & bar fridge
- Frameless glass fenced saltwater inground pool
- Double carport with additional off-street parking
- Solar panels, secure gated access to the fully fenced yard for the kids & dog to play
- 739m2 corner block with side access & tropical gardens
- Close by to Wattle Park & Frascott Park, great schools & Treetops Shopping Centre
- Walking distance to Tamero restaurant & the very popular Home Plate Kitchen Caf

Enjoying the benefits of a central location and close proximity to parks, schools, shopping centres and some of the Gold Coasts best beaches. Whether you are looking for a future family home or the perfect holiday home, this one is ready to be enjoyed straight away!

Property History for 1 Gainsborough Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$1,150,000
22 Jul 2022
  • 22 Jul 2022
    Sold for $1,150,000
  • 23 Jun 2022
    Listed for Sale Contact Agent
  • 14 Oct 2012
    Sold for $467,500
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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 8,092 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 25 properties listed for sale, and 26 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

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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.