2/16 Mulgrave Crescent, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
 
OFF MARKET

2/16 Mulgrave Crescent
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 150m2
Land area: 99m2
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Last updated 11 May 2026
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Property Details for 2/16 Mulgrave Cres, Varsity Lakes

2/16 Mulgrave Cres, Varsity Lakes is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2001. The property has a land size of 99m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in June 2024.

Building Type
House
Year Built
2001
Floor Size
150m2
Land Size
99m2
Local Government
Gold Coast City
Lot/Plan
2/SP138101

Last Listing description (May 2026)

This is a three-level townhouse located in Varsity Lakes, offering convenient living and an excellent location. The property comprises three bedrooms, two bathrooms, and a spacious tandem garage, which provides ample space for a growing family or those who want to downsize or a great investment property for those looking to invest for their future.

Built in 2001, this townhouse has a generous building area of 155 sqm and features 12ft ceilings upstairs and 9ft ceilings on the lower level. Recently painted with new carpet and window coverings, it provides a light and airy feel throughout the house. The property also has air conditioning, a dishwasher, and an internal laundry to add to its convenience.

The outdoor areas of this property include balconies, courtyard, and a deck, which provides plenty of space for outdoor entertaining or just relaxing in the sun. The property is also fully fenced, making it ideal for those with pets, children, or create your very own garden.

Located in a quiet and leafy street in Varsity Lakes, this townhouse is just a short drive from two Colleges, Trade College, Bond University, Shops, Robina Town Centre Shopping complex, amenities, beach and walking distance to Lake Orr with many walking tracks.

This Property Has a Range of Features:
* Quiet cul-de-sac
* High ceilings
* Inclusions - dishwasher & dryer
* 3 bedrooms
* Master bedroom with ensuite and balcony
* Main bathroom and powder room off the kitchen area.
* Kitchen opens onto an outdoor deck
* Dining area
* Balcony off lounge
* Tandem garage
* Laundry
* Fully fenced

The asking price for this beautiful townhouse is Offers considered above $830,000. Therefore, it won't be on the market for long. Don't miss your chance to make this property your new home. Contact Paul Hume on 0419 650 294 today to arrange a viewing.

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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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All representatives of our agency will conduct open homes and private inspections as per the social distancing rules in accordance with Government guidelines.

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Property History for 2/16 Mulgrave Cres, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$873,000
13 Jun 2024
Listed for Rent
$900/w
03 Dec 2025
  • 03 Dec 2025
    Listed for Rent - Price not available
  • 16 Jul 2024
    Listed for Rent $860 / week
  • 13 Jun 2024
    Sold for $873,000
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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 8,107 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 85.34% increase in median value, while Units have seen a 105.15% increase. As at 30 April 2026:

  • The median value for Houses in Varsity Lakes is $1,413,430 while the median value for Units is $1,010,799.
  • Houses have a median rent of $950 while Units have a median rent of $800.
There are currently 46 properties listed for sale, and 22 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 425 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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