16 Palma Crescent, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
 
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16 Palma Crescent
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 209m2
Land area: 350m2
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Last updated 9 Feb 2026
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Property Details for 16 Palma Cres, Varsity Lakes

16 Palma Cres, Varsity Lakes is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2003. The property has a land size of 350m2 and floor size of 209m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
House
Year Built
2003
Floor Size
209m2
Land Size
350m2
Local Government
Gold Coast City
Lot/Plan
291/SP158888

Last Listing description (March 2020)

If you are looking for a home thats a little different than everyone else, then have a look at this, low maintenance home in a quiet family-friendly neighbourhood. With easy access to Robina Town Centre, Bond University and a short drive to Burleigh Heads Beach.

Entertainers tiled private courtyard

Roomy open plan living area with timber bi-fold door
Kitchen with stone benchtop
Master bedroom with walk-in robe and ensuite
Separate laundry
Double garage with access to the courtyard
Split Air-conditioning and Ceiling fans
Rental $570.00 to $590.00 p/w

This property is ready for you or your new tenants to move straight into. Call Tracey to arrange your inspection.

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Property History for 16 Palma Cres, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$631,000
13 Feb 2020
Listed for Rent
$550/w
25 Sep 2013
  • 13 Feb 2020
    Sold for $631,000
  • 06 Feb 2020
    Listed for Sale $630,000
  • 07 Sep 2013
    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 8,110 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 31 properties listed for sale, and 27 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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Cotality Copyright and Legal Disclaimers about Property Data

© 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.

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.

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