2/56 Bridgewater Drive, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

2/56 Bridgewater Drive
Varsity Lakes QLD 4227

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 188m2
Land area: 268m2
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Property Details for 2/56 Bridgewater Dr, Varsity Lakes

2/56 Bridgewater Dr, Varsity Lakes is a 4 bedroom, 3 bathroom Townhouse with 2 parking spaces and was built in 2006. The property has a land size of 268m2 and floor size of 188m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
Townhouse
Year Built
2006
Floor Size
188m2
Land Size
268m2
Local Government
Gold Coast City
Lot/Plan
2/SP192481

Last Listing description (June 2021)

Our world's shrunk lately and more than ever, home is where everything happens. So, it's probably a good idea to invest in something that's going to deliver on many fronts.

The tri-level townhouse gives you a great balance between living, sleeping and working spaces, includes a swimming pool for all to share and faces the water/hinterland on all levels.

It's incredibly modern and is perfect for buyers with young families, who love low maintenance, are running a business from home (with 2 potential office spaces), downsizers looking for more leisure time, investors looking for an incredible investment and interstate/out of towners looking to move to the area.

Upstairs, there are 4 bedrooms and 2 bathrooms. The master has a private balcony overlooking the water/hinterland and bedroom 2 also with views, could double as an office.

In the middle, you are greeted again by the beautiful water/hinterland and being the centrepiece of the home, the kitchen, main living, spare powder room and laundry, as well as a balcony are all the main features.

Downstairs is the lounge room, office space and outdoor entertaining area.

From your front door, you can walk, cycle, paddle or fish all along the water's edge which goes on forever. You're only 8 minutes to Burleigh Beach, 5 minutes to Robina Town Centre, a 20-minute drive to the airport and for all mums and dads, Varsity College is only a minute walk away.

HIGHLIGHTS:

Tri-level townhouse with water views on all levels
4 Bedrooms/2.5 Bathrooms/Double lock up garage
Swimming pool
Master with private waterfront balcony, ensuite and walk in wardrobe
The perfect home for working bees, downsizers with low maintenance needs
Ducted Vacuum
Fantastic floor plan
Open kitchen
3-Zoned ducted air conditioning
Quality kitchen appliances
Well maintained
Separate laundry
Fantastic investment in a high growth area
1 minute walk to Varsity College Primary and incredibly close to Senior Schools, Hospital, Robina Town Centre, Bond University and Burleigh Beach!

RESIDENCE:

BEDROOMS: - Master with private balcony, ensuite, fan and walk in wardrobe. Bedrooms 2, 3 and 4 with fans and built-in wardrobes. Bedroom number 2(next to master), could be used as a home office.

BATHROOMS: - 2 Bathrooms. Ensuite with shower, bath, vanity and toilet. Main bathroom with shower, bath, vanity and toilet. Guest powder room on middle floor.

OUTDOORS: - 1 main outdoor living area downstairs, plus two other balconies overlooking the water. There is also a swimming pool downstairs.

KITCHEN: - Open, modern and with plenty of storage, it serves as the centrepiece of the 3 levels and opens to living and dining.

LIVING: - Formal living in the middle and lounge/media or rumpus room is downstairs. There is also another area downstairs which could double as another office, extra storage or a pantry.


POTENTIAL INCOME:

Rental potential: $820-$880 week (approx.

Airbnb/Stayz: $215-$595 per night (entire home - depending on season or event)

OUTGOINGS:

Council - $1773 per year approx

Water - $1855 per year approx

SCHOOL CATCHMENT ZONE:

Varsity College Primary School

Varsity College Senior School

Bond University

DISTANCES:

Bus Stop - 600 m

Local Shopping Centre - 800 m
Major Shopping Centre - 2 km

Primary School - 600 m
High School - 600 km
Parkland/Waterfront - 110 m

Highway - 2 km
Train Station - 1.5 km
Beach - 3.5 km

Hospital - 1.4 km

Property History for 2/56 Bridgewater Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$885,000
24 May 2021
Listed for Rent
$595/w
28 Feb 2012
  • 24 May 2021
    Sold for $885,000
  • 17 May 2021
    Listed for Sale EXPRESSIONS OF INTEREST
  • 08 Mar 2016
    Sold for $635,000
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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 25 properties listed for sale, and 26 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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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.