23 Babu Street, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

23 Babu Street
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 139m2
Land area: 445m2
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Property Details for 23 Babu St, Varsity Lakes

23 Babu St, Varsity Lakes is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2000. The property has a land size of 445m2 and floor size of 139m2. While the property is not currently for sale or for rent, it was last sold in July 2018.

Building Type
House
Year Built
2000
Floor Size
139m2
Land Size
445m2
Local Government
Gold Coast City
Lot/Plan
119/SP113771

Last Listing description (September 2018)

Beautifully modernized and immaculately presented, this single level home is perfect for a young family looking to get into the market or a retiree looking to downsize. Located in a quiet cul de sac, this home is minutes from local shops, Robina Town Shopping Centre, Stocklands at Burleigh and only a short drive to Burleigh Beach and Varsity train station.
Features 3 bedrooms, 2 bathrooms, spacious master with ensuite, main bathroom with spa bath, great layout with the master away from the kid's bedrooms, open plan lounge & dining areas, modern kitchen with an island bench, plenty of drawers for storage and near new stainless steel appliances with gas cooking. A large insulated patio is a great spot to relax overlooking the gardens and the fully fenced backyard is perfect for young kids to play.
With warm timber look floors throughout, this home comes complete with double lock up garage plus a garden shed, air conditioning, insulation, ceiling fans and a large 6kw Solar Power system. This home is one you must inspect if you are looking for an affordable home in a sought after location.

Property History for 23 Babu St, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$600,000
23 Jul 2018
Listed for Rent
$420/w
10 Sep 2008
  • 23 Jul 2018
    Sold for $600,000
  • 18 Jul 2018
    Listed for Sale $600,000
  • 25 May 2013
    Sold for $448,000
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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 8,092 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 97.94% increase in median value, while Units have seen a 103.23% increase. As at 30 November 2025:

  • The median value for Houses in Varsity Lakes is $1,324,459 while the median value for Units is $922,789.
  • Houses have a median rent of $870 while Units have a median rent of $800.
There are currently 24 properties listed for sale, and 25 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 402 properties were sold in the past 12 months in Varsity lakes.

Suburb Insights for Varsity Lakes 4227

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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.