2 Wattle Street, Varsity Lakes, QLD 4227 sold on 16 March 2026 | OnTheHouse
 
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Sold on 16 Mar 2026 - Price Unavailable

2 Wattle Street
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 607m2
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Property Details for 2 Wattle St, Varsity Lakes

2 Wattle St, Varsity Lakes is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 607m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 3 bedroom House sold in Varsity Lakes in the last 12 months.

Building Type
House
Land Size
607m2

Last Listing description (March 2026)

If you have been searching for the perfect renovation project, Team Karyn O'Dea may have found it… although renovation might be putting it kindly.

Welcome to what could very well be the worst house in Varsity Lakes, sitting proudly on a 607m² corner block with enormous future potential.

The home itself has certainly seen better days. In fact, most buyers will likely see this as an opportunity to start fresh. Whether you are a brave renovator ready for a full transformation, or a builder looking for your next knockdown and rebuild project, this property offers a rare chance to secure a corner block with serious upside.

What it lacks in condition, it more than makes up for in potential.

Corner blocks like this are becoming increasingly hard to find and offer flexibility for future design, improved access and possible redevelopment options including duplexes, subject to council approval.

So bring your builder, bring your architect, bring your imagination… and maybe bring a skip bin.

A link to the building and pest report will be provided upon submitting your enquiry or visit https://www.karynodea.com/2-wattle-street-varsity-lakes

The Opportunity:
• Corner block in sought after Varsity Lakes location
• 607m² block
• Ideal for a full renovation project or knockdown rebuild
• Potential redevelopment opportunity subject to council approval
• Perfect project for builders, renovators and developers
• Endless potential for those with vision

Opportunities like this do not come along often. The house may need help, but the block is full of possibility.

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Property History for 2 Wattle St, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
16 Mar 2026
  • 16 Mar 2026
    Sold for $1,100,000
  • 12 Mar 2026
    Listed for Sale Submit All Offers on or before 23rd March
  • 26 May 2004
    Sold for $125,000
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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 8,112 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 89.77% increase in median value, while Units have seen a 102.81% increase. As at 28 February 2026:

  • The median value for Houses in Varsity Lakes is $1,376,945 while the median value for Units is $958,531.
  • Houses have a median rent of $880 while Units have a median rent of $800.
There are currently 38 properties listed for sale, and 32 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 420 properties were sold in the past 12 months in Varsity lakes.

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Karyn O'Dea
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Kieran Jensen
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Ray White Robina
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