2/38 Majorca Crescent, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
FOR SALE

2/38 Majorca Crescent
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 95m2
Land area: 160m2
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Property Details for 2/38 Majorca Cres, Varsity Lakes

2/38 Majorca Cres, Varsity Lakes is a 3 bedroom, 2 bathroom Townhouse with 3 parking spaces and was built in 2008. The property has a land size of 160m2 and floor size of 95m2.This Property is currently listed for sale with Harcourts Property Hub

Building Type
Townhouse
Year Built
2008
Floor Size
95m2
Land Size
160m2
Local Government
Gold Coast City
Lot/Plan
2/SP217998

Last Listing description (June 2026)

*** Video Walk Through on Facebook - Varsity Lakes Property Group ***

Proudly presented by Mitch Harrop, welcome to 2/38 Majorca Crescent, Varsity Lakes. Set within a boutique complex of just 4, with low body corporate fees and attractive street presence, this three-bedroom townhouse delivers a fantastic blend of comfort, functionality, and low-maintenance living.

Stepping inside, you'll find a bright open-plan design enhanced by high ceilings and an abundance of natural light. Overlooking the living and dining zone, the kitchen offers plenty of storage space and a large pantry, with a powder room on this level too. Outside, the east-facing front courtyard creates an inviting setting for entertaining or relaxing, enjoy side access and a large water tank for convenience.

Updated carpet flows throughout the upstairs retreat, where the master bedroom boasts air conditioning, a ceiling fan, balcony access, a quadruple built-in wardrobe, and a spacious ensuite. Two further bedrooms feature built-in wardrobes and ceiling fans, with one also opening onto the balcony. A generously sized main bathroom is conveniently positioned nearby.

Rare for townhouse living, the property provides parking for up to three vehicles, including a single lock-up garage, driveway parking, and an additional undercover car space at the rear with a decent sized storage area.

Boasting Property Features:

Low body corporate fees and low maintenance!!
Three-bedroom townhouse within a boutique complex of just four
Excellent street appeal in a sought-after Varsity Lakes location
Open-plan living and dining area with abundant natural light
High ceilings throughout the downstairs living spaces
East-facing front courtyard, perfect for entertaining or the kids to play
Master bedroom with balcony access, ensuite, and quadruple built-in wardrobe
Two additional bedrooms with built-in wardrobes and ceiling fans
Updated carpet throughout the upper level
Main bathroom upstairs plus convenient downstairs powder room
Single lock-up garage with additional driveway parking
Third undercover parking space at the rear of the property
Large storage underneath the house
Air conditioning and ceiling fans for year-round comfort

Body Corporate: Approx. $52 Per Week
Council Rates: Approx. $1,173 Bi-Annually
Water Rates: Approx. $515 Per Quarter
Rental Appraisal: $900 - $950 Per Week

Boasting Location Features Include:

Within the highly regarded Varsity College school catchment
Close to Lake Orr, walking tracks, and local parklands
Minutes from Bond University, cafs, restaurants, and local shops
Easy access to public transport and Varsity Lakes Train Station
Robina Town Centre, Robina Hospital, and the M1 Motorway nearby
Short drive to Burleigh Heads, Miami, and Mermaid Beach's world-famous coastline

Why Choose Varsity Lakes?

Varsity Lakes continues to stand out as one of the Gold Coast's premier lifestyle suburbs, offering a unique blend of luxury, convenience, and community. Nestled around the picturesque Lake Orr, it features scenic walking tracks, parks, and vibrant cafs that encourage a relaxed, family-friendly atmosphere. Home to the esteemed Varsity College and within walking distance to Bond University, it's a location that appeals to both families and investors. With easy access to Robina Town Centre, transport links, and the M1, Varsity Lakes represents the ideal balance of lifestyle, connectivity, and long-term value.

For more information, contact the Number 1 Agent in Varsity Lakes & Robina, Mitch Harrop today!

Disclaimer:
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.
* denotes approximate measurements.

Property History for 2/38 Majorca Cres, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$549,800
19 Sep 2021
Listed for Rent
$370/w
11 Dec 2012
  • 23 Jun 2026
    Listed for Sale $949,000+
  • 19 Sep 2021
    Sold for $549,800
  • 16 Sep 2021
    Listed for Sale Not Disclosed
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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 8,109 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 77.66% increase in median value, while Units have seen a 101.59% increase. As at 31 May 2026:

  • The median value for Houses in Varsity Lakes is $1,406,103 while the median value for Units is $1,018,407.
  • Houses have a median rent of $950 while Units have a median rent of $810.
There are currently 63 properties listed for sale, and 29 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 419 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.