21 Southlake Drive, Varsity Lakes, QLD 4227 sold on 01 May 2025 | OnTheHouse
SOLD
Sold on 01 May 2025 for $1,390,000

21 Southlake Drive
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 122m2
Land area: 591m2
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Property Details for 21 Southlake Dr, Varsity Lakes

21 Southlake Dr, Varsity Lakes is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1993. The property has a land size of 591m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 3 bedroom House sold in Varsity Lakes in the last 12 months.

Building Type
House
Year Built
1993
Floor Size
122m2
Land Size
591m2
Local Government
Gold Coast City
Lot/Plan
19/RP847201

Last Listing description (July 2025)

I've found a hidden treasure….

First impressions count and impressed you will be by this prime 591m2 Northeast facing, direct waterfront position for all year-round sunshine. Tightly held for the past 28 years by the one family, this solid brick and tile home exudes plenty of character, charm, and comfortable space over one effortless level.


Live in, invest or landbank, this entry level waterfront address is presented in original condition and offers endless opportunities for the handyman or renovator to enhance the $ value. With its breath-taking uninterrupted views that stretch across Silvabank Lake to the City Skyline, it's not difficult to argue that this would be one of the most sought-after blocks in Varsity Lakes.

Providing side access to store a caravan, boat or trailer and incorporating a mix of formal and casual living zones to enjoy the cooling lake breezes, the home welcomes you and showcases:

• 3 tiled built-in bedrooms
• A private waterfront master featuring an ensuite and a full-length mirror robe
• The main bathroom has a separate bath and a stand-alone shower
• A carpeted formal lounge with air conditioning
• The kitchen over looks the water and is the heart of the home adjoining both the formal and casual living zones for ease of entertaining and features white laminated cabinetry with an aqua blue tiled splash back, a breakfast bar bench top, a double sink, a microwave cupboard, a built-in pantry, a fridge space and an updated ceramic cook top
• Adjoining the kitchen is a second fully tiled living area/family room/meals area which overlooks the water and opens out to the alfresco entertaining area and backyard
• Well established gardens surround the outdoor covered entertaining area which overlooks the resort style, saltwater inground pebble create pool with a waterfall (complete with manual pool equipment), a garden shed, and a rainwater tank is also included
• The built-in laundry is located at the rear of the garage and there is extra linen/cupboard space
• The single auto lock-up garage has internal access plus extra car parking is available in front, with side access to accommodate a caravan, boat or trailer.
• 8 Solar panels, sky lights, fly wires and security screens throughout
• Conveniently located to Christine Corner local shops, private and public schools, bus stops, medical centres, Bond University, the Train Station, and the golden beaches of Burleigh Heads are all just minutes away.
• The famous Frascott Park is just a short walk away so you can enjoy the many activities the park has on offer
• Rates approx. $1425 half yearly, water rates approx. $250 a quarter
- Fully fenced 591m2 block with direct water access for all year-round water sport activities including fishing, boating, sailing, canoeing, kayaking and stand-up paddle boarding
Occupying one of Varsity's RARE Northeast waterfront addresses, 21 Southlake Drive is an opportunity just too good to miss, imagine entertaining friends or waking up to the sight and tranquil serenity of direct waterfront living... well now you can!

Affordably yours, live in, invest or renovate, contact Michelle Wegener today on 0439 717 647…Bring your paint brush, hammer, overalls, and cheque book and start enjoying an endless summer !

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property History for 21 Southlake Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$1,390,000
01 May 2025
  • 01 May 2025
    Sold for $1,390,000
  • 10 Apr 2025
    Listed for Sale $1,349,000+
  • 20 May 1997
    Sold for $165,000
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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 8,110 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 97.92% increase in median value, while Units have seen a 98.70% increase. As at 31 January 2026:

  • The median value for Houses in Varsity Lakes is $1,372,316 while the median value for Units is $940,587.
  • Houses have a median rent of $875 while Units have a median rent of $810.
There are currently 32 properties listed for sale, and 27 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 401 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.