24/1 Assembly Drive, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

24/1 Assembly Drive
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 120m2
Land area: 211m2
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Property Details for 24/1 Assembly Dr, Varsity Lakes

24/1 Assembly Dr, Varsity Lakes is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2002. The property has a land size of 211m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
Townhouse
Year Built
2002
Floor Size
120m2
Land Size
211m2
Local Government
Gold Coast City
Lot/Plan
24/SP154548

Last Listing description (February 2021)

What a wonderful opportunity this property presents to its next owner. Presented beautifully, this stunning townhouse has been priced to sell. You will struggle to find better value anywhere else. Nestled in a security gated estate, it is only moments to Bond University, Market square, Varsity College and all that Varsity Lakes has to offer, you simply can t go wrong.

The townhouse itself is spacious in size, meticulously presented, sprawls over 2 levels, consisting of 3 bedrooms plus open plan study , 2 bathrooms + powder room, single remote controlled lock up garage and an inviting outdoor entertaining area.

Very spacious due to its open plan design, townhouses like these are the perfect transition from those downsizing from big houses or those looking to upsize from apartment living

Only 26 townhouses in total complete with a salt water .Perfect for first home buyer, retired couple, university student or investment . Current tenant would love to stay on rented at $500pw .

Features:

* Contemporary designed kitchen with loads of bench and cupboard space & stainless steel appliances
* Enormous main bedroom accompanied by en-suite and walk-in robe
* Stunning well appointed main bathroom with high quality fixtures and fittings
* Private outdoor entertaining area
* Powder room downstairs
* Single remote control garage with internal access + extra car space out the front
* Resort style sparkling salt water swimming pool and BBQ facilities
* Security Gated entrance
* Body corporate $3,900 per annum
* Rental return $500 per week

Property History for 24/1 Assembly Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$500,000
25 Dec 2020
Listed for Rent
$500/w
27 Jan 2020
  • 25 Dec 2020
    Sold for $500,000
  • 21 Dec 2020
    Listed for Sale $490,000 - $510,000
  • 20 Jan 2020
    Listed for Rent $500 / week
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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 8,108 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 85.58% increase in median value, while Units have seen a 102.91% increase. As at 31 March 2026:

  • The median value for Houses in Varsity Lakes is $1,404,419 while the median value for Units is $979,638.
  • Houses have a median rent of $950 while Units have a median rent of $800.
There are currently 41 properties listed for sale, and 26 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.

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.