2/39 Frascott Avenue, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
 
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2/39 Frascott Avenue
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
Land area: 61m2
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Last updated 22 Dec 2025
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Property Details for 2/39 Frascott Ave, Varsity Lakes

2/39 Frascott Ave, Varsity Lakes is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1985. The property has a land size of 61m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in August 2018.

Building Type
House
Year Built
1985
Floor Size
64m2
Land Size
61m2
Local Government
Gold Coast City
Lot/Plan
2/BUP6667

Last Listing description (October 2023)

An immaculate two bedroom villa located in a quiet cul-de-sac in the sought after suburb of Varsity Lakes. This light filled property has been renovated with a warehouse style feel and polished concrete floors. With a security lock private entry, this property is low maintenance and ready to move in.

- Two bedrooms with built-ins robes and ceiling fans
- Open plan lounge and dining with air conditioning

- Modern kitchen with plenty of storage
- Colorbond fenced yard with a garden shed
- Close proximity to M1, Frascott Park and Marymount College

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Property History for 2/39 Frascott Ave, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$342,200
11 Aug 2018
Listed for Rent
$650/w
19 Oct 2023
  • 09 Oct 2023
    Listed for Rent $650 / week
  • 14 Aug 2021
    Listed for Rent $500 / week
  • 05 Oct 2018
    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 8,092 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 97.94% increase in median value, while Units have seen a 103.23% increase. As at 30 November 2025:

  • The median value for Houses in Varsity Lakes is $1,324,459 while the median value for Units is $922,789.
  • Houses have a median rent of $870 while Units have a median rent of $800.
There are currently 24 properties listed for sale, and 25 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 402 properties were sold in the past 12 months in Varsity lakes.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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