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.
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.
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:
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