11 South Bay Drive, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

11 South Bay Drive
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 148m2
Land area: 145m2
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Property Details for 11 South Bay Dr, Varsity Lakes

11 South Bay Dr, Varsity Lakes is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2012. The property has a land size of 145m2 and floor size of 148m2. While the property is not currently for sale or for rent, it was last sold in February 2013.

Building Type
Townhouse
Year Built
2012
Floor Size
148m2
Land Size
145m2
Local Government
Gold Coast City
Lot/Plan
6/SP238838

Last Listing description (January 2026)

Perfectly positioned on the stunning shores of Lake Orr, this modern three-bedroom townhouse offers the ultimate low-maintenance waterfront lifestyle in one of Varsity Lakes' most sought-after pockets. North-facing and bathed in natural light, this stylish home has unbeatable proximity to both the Varsity College Primary and Secondary campus, the picturesque Lake Orr walking track, Varsity Foreshore parklands, and Aldi - all just a short stroll from your front door.

Step inside to a welcoming entry void and an expansive open-plan kitchen, living, and dining space that seamlessly flows out to a private waterfront patio deck - an ideal spot for entertaining or relaxing while taking in the tranquil views. The kitchen is beautifully appointed with modern appliances, stone bench tops, and sleek cabinetry, designed for both style and function.


Upstairs, the oversized master suite captures sweeping water views and features balcony access, a luxurious ensuite with double vanity, and stone finishes. Two additional generously sized bedrooms and a spacious family room offer ample space for growing families or guests. Additional features include a secure double garage (tandem), separate laundry, downstairs powder room and ducted air-conditioning.

This is lakeside living at its finest. Whether you're upsizing, downsizing, or looking to grow your investment portfolio, this versatile property won't last long on the market. The overseas sellers are highly motivated and ready to make a deal - and with a tenant already in place, it offers immediate rental income from day one. Contact local agent Geoff Cusack today on 0411 417 958 to learn more and to book your inspection.

We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. * denotes approximate measurements.

Property History for 11 South Bay Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$620,000
05 Feb 2013
Listed for Rent
23 Jan 2019
  • 05 Aug 2025
    Listed for Sale EOI Closing Monday 25th of August
  • 16 Jan 2019
    Listed for Rent - Price not available
  • 19 Oct 2016
    Listed for Rent - Price not available
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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 8,108 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 85.34% increase in median value, while Units have seen a 105.15% increase. As at 30 April 2026:

  • The median value for Houses in Varsity Lakes is $1,413,430 while the median value for Units is $1,010,799.
  • Houses have a median rent of $950 while Units have a median rent of $800.
There are currently 51 properties listed for sale, and 21 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 414 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.