16 Cumberland Drive, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
 
OFF MARKET

16 Cumberland Drive
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 107m2
Land area: 495m2
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Property Details for 16 Cumberland Dr, Varsity Lakes

16 Cumberland Dr, Varsity Lakes is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1992. The property has a land size of 495m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in October 2003.

Building Type
House
Year Built
1992
Floor Size
107m2
Land Size
495m2
Local Government
Gold Coast City
Lot/Plan
57/RP847200

Last Listing description (February 2011)

ENTRY LEVEL BUYERS - HOME WITH THE LOT
OWNER VERY MOTIVATED - MAKE AN OFFER.
It does not get better than this. Read on!

A well presented, very comfortable home that is in excellent condition and only a 5 minute drive to the beach.
Features:
- Open plan :- spacious lounge / dining / kitchen combined
- Functional kitchen; lots of cupboards, outlook to pool
- Ducted air conditioning system throughout; zoned
- Ceiling fully insulated
- Recently painted and carpeted.
- Superb, large, outdoor u/c area; all year round entertainer
- Beautiful, big , quality, in ground pool, fenced.
- Large yard for kids and pets
- Big garden shed
- Great place to live AND an excellent investment property
The home is located in a safe, no through, low traffic road of Varsity Lakes, just a stones throw to beautiful Lake Orr.
Bus is less than 30 meters from your front door. Close to shops, schools and Tavern.
To really appreciate this property, inspection is a must.
The owners want SOLD and will consider ALL offers.
Sustainability Declaration available from agent.

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Property History for 16 Cumberland Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$327,000
18 Oct 2003
  • 10 Jan 2011
    Listed for Sale $429,000 NEG
  • 13 Jul 2008
    Listed for Sale 429000
  • 18 Oct 2003
    Sold for $327,000
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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 8,110 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 97.92% increase in median value, while Units have seen a 98.70% increase. As at 31 January 2026:

  • The median value for Houses in Varsity Lakes is $1,372,316 while the median value for Units is $940,587.
  • Houses have a median rent of $875 while Units have a median rent of $810.
There are currently 33 properties listed for sale, and 29 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 401 properties were sold in the past 12 months in Varsity lakes.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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