12/5 Greenlands Drive, Varsity Lakes, QLD 4227 sold on 14 July 2025 | OnTheHouse
 
SOLD
Sold on 14 Jul 2025 for $733,000

12/5 Greenlands Drive
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 12/5 Greenlands Dr, Varsity Lakes

12/5 Greenlands Dr, Varsity Lakes is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 2 bedroom Townhouse sold in Varsity Lakes in the last 12 months.

Building Type
Townhouse

Last Listing description (July 2025)

This light-filled, vacant townhouse is ready for you to move in! Situated in a highly sought-after resort-style complex, it offers the perfect blend of privacy, practicality, and lifestyle. Whether you're a first-home buyer looking to enter the market or a savvy investor chasing strong rental returns.
Enjoy fresh interiors with new paint, carpet, fans, and light fittings throughout. The north-facing living area welcomes natural light, creating a warm and inviting atmosphere.
Perfectly positioned just minutes from the M1, Robina Town Centre, local schools, and beaches-with shops and public transport only a short stroll away-this home delivers unmatched convenience.

Features You'll Love:
• 2 generously sized bedrooms with brand-new carpet, ceiling fans, and built-in wardrobes
• Open-plan living and dining area
• Spacious bathroom with a full-sized bath
• Separate downstairs toilet & laundry
• Single lock-up garage with additional visitor parking in the complex
• Vacant possession-move in immediately!

Complex Amenities:
• In-ground swimming pool
• Tennis court
• Gated access to Frascott Park with dog-friendly areas, gym equipment, and a playground
• Pet-friendly

Financials:
• Body Corporate: approx. $65 per week
• Water: approx. $485 per quarter
• Council Rates: approx. $1,024 half-yearly
• Rental Appraisal: $700 - $750 per week

Don't miss out-properties at this price point are in high demand and sell fast. Act quickly to secure your future in Varsity Lakes!

Disclaimer: 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.

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Property History for 12/5 Greenlands Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$733,000
14 Jul 2025
  • 14 Jul 2025
    Sold for $733,000
  • 25 Jun 2025
    Listed for Sale $733,000
  • 01 May 2012
    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 8,094 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 34 properties listed for sale, and 29 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 393 properties were sold in the past 12 months in Varsity lakes.

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