2 Palma CrescentVarsity Lakes QLD 4227
Property Details for 2 Palma Cres, Varsity Lakes
2 Palma Cres, Varsity Lakes is a 3 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 812m2 and floor size of 2m2.
Last Listing description (March 2017)
Situated in ultra-convenient & prestigious Bayswater Ave, this modern tri-level townhouse comes with spacious air conditioned living flowing onto its own balcony with views. The large master bedroom with walk-in robe & ensuite has its own balcony with views and is on a separate level with the 3rd bedroom/study which can open up and can be used as an extra living area or private lounge for the master bedroom. It even has its own private outdoor spa & timber deck in its own private courtyard. Designed with style this townhouse can be ready to move into or continue as a investment property for the astute invester with an excellent long term tenant in place.
- Private spa & deck in private courtyard
- Air conditioned living areas
- Balcony with views off large open plan living areas on 2nd level
- 3 Bedroom with 3 Bathrooms
- 2nd Balcony off master bedroom, walkin robe & ensuite on 3rd level
- 2nd Bedroom with ensuite on 2nd level
- 3 Bedrooms, 3rd bedroom/study opens as extra living area or private lounge for master bedroom
- Large kitchen with large servery and stainless steel appliances including dishwasher
- Double auto lockup garage with laundry
- Under stairs storage cupboard
- Under house storage with door
- Easy care courtyard
- Close to Azzurra Island, parklands, walking tracks around lake, Varsity Train Station, Schools, Easy-T-Shops & Robina Town Centre
- Short drive to beaches
- Handy to M1 Motorway
- Currently rented at $460 per week
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Property History for 2 Palma Cres, Varsity Lakes, QLD 4227
- 16 Feb 2017Listed for Sale Not Disclosed
- 12 Oct 2015Listed for Sale $463,000
- 05 May 2015Listed for Sale $349,000
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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 8,109 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 98.15% increase in median value, while Units have seen a 98.82% increase. As at 31 December 2025:
- The median value for Houses in Varsity Lakes is $1,353,363 while the median value for Units is $910,743.
- Houses have a median rent of $870 while Units have a median rent of $800.
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