2/27 Port Peyra Crescent, Varsity Lakes, QLD 4227 sold on 28 August 2025 | OnTheHouse
SOLD
Sold on 28 Aug 2025 for $1,350,000

2/27 Port Peyra Crescent
Varsity Lakes QLD 4227

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
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Property Details for 2/27 Port Peyra Cres, Varsity Lakes

2/27 Port Peyra Cres, Varsity Lakes is a 4 bedroom, 2 bathroom Semi-Detached with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 4 bedroom Semi-Detached sold in Varsity Lakes in the last 12 months.

Building Type
Semi-Detached

Last Listing description (August 2025)

SOLD BY TEAM KARYN O'DEA

Welcome to a rare opportunity to secure your place on Azzura Island, one of Varsity Lakes' most coveted addresses. This tightly held enclave is celebrated for its serene waterways, manicured parklands, and a genuine sense of community, a location where privacy and prestige go hand in hand. Perfectly positioned within the sought-after Varsity College catchment, this home offers both an enviable lifestyle and exceptional convenience.

From the moment you step through the double-door entry, you are greeted by light-filled interiors, quality finishes, and a seamless flow between indoor and outdoor living spaces.

Ground Floor Elegance:
• Expansive open-plan living, dining, and kitchen - ideal for entertaining or relaxed family living
• Stylish kitchen featuring a new dishwasher, ample storage, and breakfast bar
• Large sliding doors open to a private, fully fenced courtyard with built-in seating - a perfect spot for alfresco dining
• Separate powder room for guests and a laundry that opens directly to the courtyard
• Double remote-control garage with additional storage space plus a lockable storage cage - ideal for bikes and outdoor gear

Upper-Level:
• A striking timber staircase leads you to the bedrooms
• Grand master suite boasting a huge walk-in robe, luxurious ensuite with shower, double vanity, and hidden toilet
• Private balcony off the master, your own peaceful escape
• Three additional bedrooms with build in robes.
• Large main bathroom and a separate toilet

Every detail of this home has been designed to balance comfort with sophistication, offering a low-maintenance lifestyle without compromising on style.
Situated just minutes from boutique cafes, shopping precincts, beaches and major transport links, this property embodies the perfect blend of prestige, practicality, and position.

Property History for 2/27 Port Peyra Cres, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$1,350,000
28 Aug 2025
Listed for Rent
$600/w
06 May 2020
  • 28 Aug 2025
    Sold for $1,350,000
  • 21 Apr 2020
    Listed for Rent $600 / week
  • 27 Aug 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. There are 23 parks, covering nearly 10.6% of the 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 20-29 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 8,127 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 70.17% increase in median value, while Units have seen a 92.69% increase. As at 31 July 2026:

  • The median value for Houses in Varsity Lakes is $1,419,081 while the median value for Units is $997,662.
  • Houses have a median rent of $970 while Units have a median rent of $825.
There are currently 69 properties listed for sale, and 32 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 424 properties were sold in the past 12 months in Varsity lakes.

Suburb Insights for Varsity Lakes 4227

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Karyn O'Dea
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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.