167/1-7 Moores Crescent, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

167/1-7 Moores Crescent
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 98m2
Land area: 116m2
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Property Details for 167/1-7 Moores Cres, Varsity Lakes

167/1-7 Moores Cres, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2009. The property has a land size of 116m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Year Built
2009
Floor Size
98m2
Land Size
116m2
Local Government
Gold Coast City
Lot/Plan
67/SP210681

Last Listing description (May 2023)

Cosmopolitan, convenient and walking distance to magnificent Lake Orr, The Chancellor Lakeside offers a central and vibrant lifestyle that's a short stroll to some of the most desirable and award winning restaurants with a mix of Australian and international flavours, come and discover yourself why this hub is fast becoming popular with locals and visitors alike.

You need to explore this friendly Varsity Lakes community, Varsity CBD surrounding open spaces and streetscapes offer easy access to a variety of activities and amenities.

Those that have already made the move comment on how much they love the lakeside boardwalks that meander around the perimeter of Lake Orr and integral the community for exercise, fishing, boating and exploring.

Imagine walks looking out over the shimmering waters of Lake Orr, watching the sun go down as you relax on your balcony - a feature of this eye-catching contemporary apartment.

As far as apartments go, this is a rare gem, the added benefit of having two apartments on one title and one body corp levy is that the other one will help pay the mortgage so it suits those attending university, some side income or even reap the reward with holiday income. The two carparks on title ensure both residencies have space to park securely underground.

For the health conscious, the numerous parks and network of hike and bike trails provide residents with ample opportunities for both working out and chilling out.

Located in the centre of the Gold Coast, near the Varsity Lakes train station, Varsity Lakes offers easy access to both the beach and Brisbane. With so much to offer at The Chancellor Lakeside you can see why this unique address is making such a big splash.

167/1-7 Moores Crs is bright and airy and is going to auction on the 9th of March so be quick to make your offer,

2 Bedrooms (1 x 1 Bedroom & 1 x Studio corner apartment)
2 Bathrooms
2 Car Parking
2 Kitchens (1 full in 1 bedroom, 1 kitchenette)
BRAND NEW Carpets
FRESHLY Painted
Recently Renewed Cooktop
NEW Dryer
NEW Dishwasher
Vacant Possession- move in immediately
Air Conditioners & Fans
Private Balconies from each apartment
Gym and Roof Top pool featuring Lake Orr Views
Onsite Management / Secure Parking

Central Varsity Highlights
Walking Distance to Bond University, Shops and Cafes
Loads of Community Events such as "Winterfest" and street festivals
Live Music and Trivia Nights
Walking Distance to every shop and cafe in a 200 metre radius
Achtung! Authentic German Bakery right at your doorstep
Comfort Coffee & Donuts from D point 10
The Rusty Barrel Tapas Bar and Whisky- Yum! Live Music Saturday and Sunday
Bottoms up! The Lake Brewhouse fantastic lakeside position
CBD hotel- Have a punt and a meal.
IGA Convenience- Fantastic for essentials just 50 metres away!
Varsity College- 150 metres away
Lakeside walks are waiting for you, kilometres of walking tracks
Bond University- have a son or daughter?

Income
Holiday Rates (approx)
Studio $205 for 1 night $105 for up to 7 nights
1 Bedroom $215 for 1 night $109 for up to 7 nights

Permanent Rates (approx)
1 bedroom $470 to $500
Studio $350 to $380

Outgoings
Body Corp Levies $137 per week approx
Rates $1018 approx 6 Months
Water $613 approx 6 Months

Property History for 167/1-7 Moores Cres, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$560,000
09 Mar 2023
  • 09 Mar 2023
    Sold for $560,000
  • 17 Feb 2023
    Listed for Sale Auction - Thursday 9th March
  • 20 Jan 2014
    Sold for $350,000
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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 8,096 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 96.91% increase in median value, while Units have seen a 95.24% increase. As at 31 October 2025:

  • The median value for Houses in Varsity Lakes is $1,318,505 while the median value for Units is $887,842.
  • Houses have a median rent of $870 while Units have a median rent of $800.
There are currently 33 properties listed for sale, and 29 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 392 properties were sold in the past 12 months in Varsity lakes.

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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.