22 Lake Street, Varsity Lakes, QLD 4227 sold on 12 June 2025 | OnTheHouse
SOLD
Sold on 12 Jun 2025 for $8,000,000

22 Lake Street
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 2857m2
Save

Property Details for 22 Lake St, Varsity Lakes

Building Type
Land
Land Size
2857m2
Local Government
Gold Coast City
Lot/Plan
1/SP165032

Last Listing description (November 2025)

Como at Varsity Lakes is a landmark 16-level development featuring 156 one, two and three-bedroom apartments with a rooftop pool and panoramic views over Lake Orr. Positioned next to Bond University, it combines lifestyle appeal with strong investment value. Pricing starts from around $940,000 for 1 Bed + MPR, $1.37m$1.53m for 2 Bed options, and $1.79m$2.23m for 3 Bed residences. Como offers excellent value and attractive rental yields forecast above 10% for selected layouts.

Project Details:
- 156 x 1, 2 & 3 bedroom apartments

- 16 levels with rooftop pool and amenities
- Residential units start from Level 4 (above surrounding buildings)
- Great views over Lake Orr
- Completion expected mid-2028

Financials & Returns:
- 10% deposit for FIRB buyers
- 5% + GST commission
- Strong rental yield potential: holiday/overnight accommodation forecast 10%+ gross yield (based on 60% occupancy)

Location & Appeal:
- Next to Bond University (not marketed as student accommodation)
- Attractive to investors, interstate/overseas buyers, and local owner occupiers
- Amongst the best-value new projects on the Gold Coast

Disclaimer: All information (including but not limited to the property area, floor size, price, address, and general property description) is provided as a convenience to you and has been provided to Remax Next International by third parties. Consequently, Remax Next International is unable to definitively attest to the listed information's accuracy. Remax Next International does not accept any liability (indirect or direct) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits arising out of or in any way connect with the use or dissemination of any information, or any error, omission, or defect present within the information as appearing on the Website. Information appearing on the Website should not be relied upon and you should attend to your own personal inquiries and seek legal advice (where required) with respect to any property on the Website.

Property History for 22 Lake St, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$8,000,000
12 Jun 2025
  • 23 Sep 2025
    Listed for Sale From $940k
  • 12 Jun 2025
    Sold for $8,000,000
  • 01 Mar 2024
    Listed for Sale Seeking Expressions of Interest
Sign in to see more transactions
Commute Calculator

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 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.
There are currently 30 properties listed for sale, and 26 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 391 properties were sold in the past 12 months in Varsity lakes.

Suburb Insights for Varsity Lakes 4227

Market Insights
Varsity Lakes Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Varsity Lakes Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.