10 Palma Crescent, Varsity Lakes, QLD 4227 sold on 07 April 2025 | OnTheHouse
SOLD
Sold on 07 Apr 2025 for $1,460,000

10 Palma Crescent
Varsity Lakes QLD 4227

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 306m2
Land area: 500m2
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Property Details for 10 Palma Cres, Varsity Lakes

10 Palma Cres, Varsity Lakes is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 500m2 and floor size of 306m2. While the property is not currently for sale or for rent, it was last sold in April 2025. There are other 4 bedroom House sold in Varsity Lakes in the last 12 months.

Building Type
House
Floor Size
306m2
Land Size
500m2

Last Listing description (April 2025)

Situated in the sought-after Varsity Sound Estate, this expansive four-bedroom grand residence offers a rare opportunity to own a home of impressive proportions. Retaining its original charm, this property boasts multiple living areas and high ceilings, making it an ideal choice for families or buyers seeking space and potential.

Designed for comfort and flexibility, this home features a generous kitchen, spacious bedrooms, and an abundance of natural light. The backyard retreat, complete with a private oasis featuring a pool, provides the perfect space for relaxation and entertaining. With its desirable north-facing aspect, this home enjoys abundant natural light throughout the day, creating a bright and welcoming ambiance.

Features:

• Expansive two-story layout with multiple living areas
• 4 spacious bedrooms, all with built-in robes
• Spacious master retreat featuring a large walk-in robe and ensuite with spa
• Generous kitchen with ample bench space and storage
• Private oasis featuring a pool for ultimate relaxation
• North-facing aspect, ensuring a bright and airy feel throughout
• Ducted air-conditioning for year-round comfort
• Separate study, perfect for working from home
• Dedicated media room for family entertainment
• Grand entryway and high ceilings throughout
• Double garage
• 500sqm block, providing ample space for family living
• Built 2004

Prime Location:
• Within the sought-after Varsity College (Prep – Year 12) catchment (4 min drive)
• A short stroll to Varsity Lakes Wetland Reserve
• Just 1 minute to the M1 entrance (North & South)
• 4 minutes to Robina Town Centre for premier shopping & dining
• 5 minutes to Bond University
• 10 minutes to Burleigh's vibrant dining precinct and stunning beach
• 2 minutes to Varsity Lakes Train Station for easy commuting

Positioned in a vibrant, family-friendly neighbourhood, this grand residence is just moments from Varsity Train Station, Robina Town Centre, Varsity College, and Bond University. With easy access to stunning parklands, Lake Orr's scenic waterfront trails, and the relaxed coastal lifestyle of Burleigh Heads, this location blends convenience with tranquility.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Property History for 10 Palma Cres, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$1,460,000
07 Apr 2025
Listed for Rent
$1.10k/w
11 Jan 2024
  • 23 Mar 2025
    Sold for $1,460,000
  • 18 Mar 2025
    Listed for Sale Offers Over $1,395,000
  • 11 Jan 2024
    Listed for Rent $1,100 / week
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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 8,094 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 33 properties listed for sale, and 28 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 395 properties were sold in the past 12 months in Varsity lakes.

Suburb Insights for Varsity Lakes 4227

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Luke Wright
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PRD BURLEIGH HEADS
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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.