2 Port Peyra Crescent, Varsity Lakes, QLD 4227 sold on 15 December 2025 | OnTheHouse
SOLD
Sold on 15 Dec 2025 for $1,936,000

2 Port Peyra Crescent
Varsity Lakes QLD 4227

Bedrooms: 5
Bathrooms: 3
Car spaces: 3
Floor area: 395m2
Land area: 657m2
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Property Details for 2 Port Peyra Cres, Varsity Lakes

2 Port Peyra Cres, Varsity Lakes is a 5 bedroom, 3 bathroom House with 3 parking spaces. The property has a land size of 657m2 and floor size of 395m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 5 bedroom House sold in Varsity Lakes in the last 12 months.

Building Type
House
Floor Size
395m2
Land Size
657m2

Last Listing description (December 2025)

Designed to impress and crafted for modern family living, this spacious family residence on the prestigious Azzurra Island in Varsity Lakes delivers a flawless fusion of style, functionality, and sophistication. From its grand entry to its expansive living zones and resort-style outdoor entertaining, every detail has been thoughtfully considered to create a home of exceptional calibre.

Perfect for multi-generational living, the layout offers versatility and space, featuring a formal living on the ground-floor, a dedicated home office and expansive family living & dining areas. At the heart of the home lies the spacious well equipped kitchen, bathed in natural light and seamlessly flowing to the alfresco terrace and sparkling inground swimming pool, the ultimate setting for effortless entertaining and relaxed Gold Coast living.

Property Features

- Luxury residence positioned on a 657m² block on Azzurra Island, Varsity Lakes
- Multiple living spaces including an open-plan family zone, upper-level rumpus, and dedicated formal living area.
- Gourmet kitchen with premium appliances, range cooker, extensive cabinetry, stone benchtops
- Sunlit living areas flowing effortlessly to the resort-style saltwater swimming pool
- Five king sized bedrooms, including a grand master retreat with expansive walk-in robe and opulent ensuite featuring double rain showers and dual vanities & private balcony
- Ground-floor dedicated home office/Media Room with easy access to the downstairs powder room, ideal for extended family or visitors
- Enclosed alfresco with roll down blinds designed for year-round entertaining
- Double lock up garage with internal access PLUS a single garage / workshop area with rear access.
- Heated inground swimming pool with 'kiddies' learn to swim step
- Solar panels 6.6kw system
- Alarm system & CCTV cameras
- Zoned ducted air conditioning
- Ducted Vacumaid
- 5000L reticulation system
- Manicured gardens with plenty of grassed area for kids and pets to play, Gazebo & Side gated access to the yard for storage of trailer, caravan or boat. Everything has been catered for here in this amazing property.

Rental appraisal available upon request.
Land: 657m2
House: 395m2
Built: 2006

Living on Azzurra Island Benefits
- Premier Azzurra Island address within the highly sought-after Varsity Lakes precinct
- Surrounded by picturesque waterways, walking paths, and parklands perfect for family recreation
- Minutes to Bond University, Varsity College, and other leading schools
- Short drive to Burleigh Heads Beach, Robina Town Centre, and Pacific Fair
- Easy access to public transport, Varsity Lakes Train Station, and the M1 for north and south travel
- Close to local cafés, restaurants, and lakeside dining options within Varsity Lakes

Property History for 2 Port Peyra Cres, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$1,936,000
15 Dec 2025
Listed for Rent
$430/w
17 Jan 2007
  • 09 Dec 2025
    Sold for $1,936,000
  • 10 Nov 2025
    Listed for Sale Offers over $1,935,000
  • 08 Jul 2017
    Sold for $1,055,000
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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 8,110 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 73.20% increase in median value, while Units have seen a 102.00% increase. As at 30 June 2026:

  • The median value for Houses in Varsity Lakes is $1,408,950 while the median value for Units is $1,024,795.
  • Houses have a median rent of $950 while Units have a median rent of $825.
There are currently 66 properties listed for sale, and 28 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 417 properties were sold in the past 12 months in Varsity lakes.

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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.