1 Palma CrescentVarsity Lakes QLD 4227
Property Details for 1 Palma Cres, Varsity Lakes
1 Palma Cres, Varsity Lakes is a 3 bedroom, 3 bathroom Townhouse with 2 parking spaces and was built in 2010. The property has a land size of 275m2 and floor size of 186m2. While the property is not currently for sale or for rent, it was last sold in February 2020.
Last Listing description (April 2020)
From the instant you arrive, this contemporary two level home has immediate appeal.
The superb location is positioned moments from a tree lined park, walking trails, train station and within easy access to local shopping centres, a selection of schools, Bond University, medical facilities and the M1. There is no better quality, value or Varsity Lakes location available at the moment than this exciting opportunity for the owner occupier or the astute investor. Current rent return is $600 per week
Property features include:
Ground level
- 1 good sized bedroom with bathroom
- Modern kitchen
- Air-conditioning
- Tiled living area
- Separate laundry
- Separate entrance
- Outside courtyard with a small grassed area
- Double lock up garage with storage
1st Level
- 2 good sized bedrooms + study
- 2 bathrooms
- Air-conditioning
- High ceilings
- Beautiful open plan living area
- Fantastic kitchen with gas cooking
- Large North-East facing balcony with peaceful view
Our motivated seller invite and encourage your inspection. Make no mistake, they are 100% committed to selling.
Property History for 1 Palma Cres, Varsity Lakes, QLD 4227
- 04 Feb 2020Sold for $650,000
- 28 Jan 2020Listed for Sale Auction
- 27 Mar 2019Listed for Rent - Price not available
Recent sales nearby
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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 8,109 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 98.15% increase in median value, while Units have seen a 98.82% increase. As at 31 December 2025:
- The median value for Houses in Varsity Lakes is $1,353,363 while the median value for Units is $910,743.
- Houses have a median rent of $870 while Units have a median rent of $800.
Suburb Insights for Varsity Lakes 4227
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