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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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 (January 2026)

Phone enquiries - please call 1300 594 794 and quote property ID 38887.

AVAILABLE FROM THURSDAY 29th JANUARY 2026

This spacious three-level townhouse is located in Varsity Lakes, offering convenient living and an excellent location. The property comprises three generous-sized bedrooms, two bathrooms, a separate powder room and a spacious tandem garage.

There is 223 sqm of living area 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.

There is a spacious outdoor entertainment balcony off the lounge room, as well as large balconies off of two bedrooms

There is an outdoor entertainment deck that leads from the kitchen to your own small fully fenced backyard.

Located in a quiet and leafy street in Varsity Lakes, this townhouse is just a short drive or bus ride 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.

Ground Level Features:

* Quiet cul-de-sac location

* Tandem garage

* Laundry with dryer

1st Floor Features:

* Kitchen with dishwasher electric oven and stovetop

* Powder room

* Outdoor entertainment deck leading from the kitchen to the small backyard

* Dining room

* Lounge room

* Spacious entertaining balcony leading from the lounge room

* 9ft ceilings

* Split system air conditioning

2nd floor features:

* 3 spacious bedrooms with built-in robes and ceiling fans

* Master bedroom with ensuite and large balcony

* The second bedroom also has its own separate balcony

* Main bathroom with shower, bath and toilet

* 12ft ceilings

* Linen cupboard

Other features:

* Freshly painted internally

* New carpets throughout

* New window coverings

Contact to arrange an inspection

DISCLAIMER While proudly assisting home owners to sell since 1999, No Agent Property takes every care to verify the accuracy of the details in this advertisement, but the correctness cannot be guaranteed.

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 8,109 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 98.15% increase in median value, while Units have seen a 98.82% increase. As at 31 December 2025:

  • The median value for Houses in Varsity Lakes is $1,353,363 while the median value for Units is $910,743.
  • Houses have a median rent of $870 while Units have a median rent of $800.
There are currently 30 properties listed for sale, and 27 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 398 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.