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

2/2 Palma Crescent
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 91m2
Land area: 441m2
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Property Details for 2/2 Palma Cres, Varsity Lakes

2/2 Palma Cres, Varsity Lakes is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2005. The property has a land size of 441m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
Townhouse
Year Built
2005
Floor Size
91m2
Land Size
441m2
Local Government
Gold Coast City
Lot/Plan
2/SP165623

Last Listing description (May 2020)

Rented for $395pw until April 2020 this beautiful town home in a boutique block of 6 offers the ideal opportunity for an owner or investor. Walking distance to Lake Orr, schools and train the central location and quiet neighbourhood are just one of the perks of this address. Inside you will find a well-planned layout which offers indoor and outdoor living spaces. It is well maintained and modern. FEATURES- 3 Generous bedrooms with built in robes and fans- 2 Bathrooms including ensuite to master- Tiled living area, - A/C and fans- Balcony off upper living space and private courtyard- Private courtyard- Kitchen with stainless steel appliances- Currently rented til April 2020. - Body Corp approx $46.57 pw // Rates $1788pa // Water approx $335/QtrLOCATION- 500m / 6 min walk (2min drive) from Varsity Train Station- 15 min walk from Varsity Jnr Campus- 3km (4 min drive to Robina Town Centre)- 6.5km (10 min drive to Beach)We welcome your inspection anytime by appointment.

Property History for 2/2 Palma Cres, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$405,000
20 Feb 2020
Listed for Rent
$390/w
25 Apr 2014
  • 20 Feb 2020
    Sold for $405,000
  • 14 Dec 2019
    Listed for Sale Offers over $399,000
  • 16 Apr 2014
    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 8,095 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 33 properties listed for sale, and 32 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 400 properties were sold in the past 12 months in Varsity lakes.

Suburb Insights for Varsity Lakes 4227

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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.