15 Palma Crescent, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

15 Palma Crescent
Varsity Lakes QLD 4227

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 165m2
Land area: 400m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 21 Sep 2026
Low

High
Save

Property Details for 15 Palma Cres, Varsity Lakes

15 Palma Cres, Varsity Lakes is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2003. The property has a land size of 400m2 and floor size of 165m2. While the property is not currently for sale or for rent, it was last sold in November 2014.

Building Type
House
Year Built
2003
Floor Size
165m2
Land Size
400m2
Local Government
Gold Coast City
Lot/Plan
335/SP158905

Last Listing description (September 2026)

Positioned in sought-after Palma Crescent, this fully renovated single-level home delivers effortless family living in one of Varsity Lakes' most popular residential pockets. Vacant and ready to move straight into, the home combines a fresh coastal renovation with a light, bright and spacious feel throughout.

Featuring four bedrooms and 2.7m ceilings throughout, the home offers light and breezy open-plan living with hybrid timber flooring through the living areas and easy flow to a fully tiled undercover entertaining area and north-facing backyard. The renovated kitchen features a 40mm Caesarstone island bench with waterfall edges, while the large master suite includes a walk-in robe and brand-new, never-used ensuite.

The location is hard to beat, surrounded by leading schools, Bond University, shopping, transport and lakeside walking trails, with Robina and Burleigh Heads only minutes away. Vacant, ready immediately and must be sold on or before auction - all written offers prior to auction are invited and will be considered.

PROPERTY HIGHLIGHTS:
Sellers have given clear instructions - this property must be sold!
Full renovation in one of Varsity Lakes' best streets, Palma Crescent
Great street appeal, all white front facade
Vacant and ready for immediate move-in or investment
4-bedroom, 2-bathroom home
2.7m high ceilings throughout
Large master bedroom with brand-new, never-used ensuite and walk-in robe
Breezy, light and bright open-plan - great indoor/outdoor flow
Quality renovated kitchen with island stone waterfall bench and modern appliances
Hybrid timber floors to all living spaces
Renovated main bathroom with large bath and walk-in shower
Fourth bedroom/media room with direct access to private courtyard
Skylighting to living spaces providing additional natural light
LED ambient lighting throughout
North-facing backyard
Great undercover outdoor entertaining space
Brand-new complete full roof restoration
Large 8.8kW solar system to offset power bills
Split-system air conditioning throughout
Double lock-up remote garage with internal access
NBN Fibre to the Premises
400m block in very quiet residential street
Located within the popular Varsity College Prep-Year 12 catchment
Council rates: $1,542 approx. per 6 months
Water rates: $449 approx. per quarter
Rental potential: $1150-$1250 approx. per week
Must be sold on or before auction, all offers in writing considered

CLOSE BY LOCATIONS & PROXIMITY:
Nearest Varsity Bus Stop - 500m | 5 minute walk
Varsity Lakes Train Station - 700m | 5-10 minute walk
Lake Orr walking trails - 1.2km | 10 minute walk
Hillcrest Christian College - 1.4km | 4 minute drive
King's Christian College - 1.5km | 4 minute drive
Varsity College Primary - 1.5km | 4 minute drive
Easy T Centre & Bunnings - 2.4km | 3 minute drive
Varsity College Secondary - 2.5km | 5 minute drive
Varsity Lakes CBD - 3km | 6 minute drive
Robina Town Centre - 3km | 7 minute drive
Bond University - 4km | 6 minute drive
Robina Hospital - 4.5km | 9 minute drive
CBUS Super Stadium - 5km | 10 minute drive
Burleigh Heads Beach - 6km | 10 minute drive

It's easy to see why Varsity Lakes remains such a sought-after place to live. Great schools, Bond University, lakeside walking trails, cafes, shopping and excellent transport connections are all close at hand, while Robina and the beaches, restaurants and lifestyle of Burleigh Heads are only minutes away that puts virtually everything the Gold Coast has to offer within easy reach.

Vacant, ready and genuinely for sale. Contact Rohan today to arrange your inspection prior to auction.

Disclaimer: In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own inquiries to verify the information contained herein.

Property History for 15 Palma Cres, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$520,000
15 Nov 2014
Listed for Rent
$1.15k/w
06 Jan 2026
  • 26 Sep 2026
    Listed for Sale Auction
  • 06 Jan 2026
    Listed for Rent $1,150 / week
  • 15 Nov 2014
    Sold for $520,000
Sign in to see more transactions
Commute Calculator

About Varsity Lakes 4227

The size of Varsity Lakes is approximately 5.9 square kilometres. There are 23 parks, covering nearly 10.6% of the 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 20-29 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 8,127 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 59.67% increase in median value, while Units have seen a 80.98% increase. As at 31 August 2026:

  • The median value for Houses in Varsity Lakes is $1,393,843 while the median value for Units is $969,991.
  • Houses have a median rent of $960 while Units have a median rent of $830.
There are currently 68 properties listed for sale, and 35 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 403 properties were sold in the past 12 months in Varsity lakes.

Suburb Insights for Varsity Lakes 4227

Market Insights
Varsity Lakes Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Varsity Lakes Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.