24/2 Geraldton Drive, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

24/2 Geraldton Drive
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 99m2
Land area: 1383m2
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Property Details for 24/2 Geraldton Dr, Varsity Lakes

24/2 Geraldton Dr, Varsity Lakes is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2003. The property has a land size of 1383m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
House
Year Built
2003
Floor Size
99m2
Land Size
1383m2
Local Government
Gold Coast City
Lot/Plan
24/SP144219

Last Listing description (June 2022)

There is no doubt this spacious, modern three-bedroom unit is a must see! Recent renovations welcome plenty of natural light, and feature polished concrete floors in the living, dining & kitchen areas. These areas are all connected in a well-structured open space including air conditioning and LED lighting.

The kitchen boasts a large granite island bench, plenty of cupboard storage and is kitted with modern appliances. The master bedroom features a walk-in wardrobe with an ensuite, back patio and small nook which is a viable space for your desk or extra storage. Connected to the third bedroom is a private balcony with garden views.


The unit comes with two undercover secure parking spaces. Approximate rental return would be $650 per week.

Varsity Manor is a secure complex with high fencing which allows for a quiet and peaceful lifestyle.

Outgoings are the following:

- Body corporate approx. $85 per week
- Water rates approx. $1,560 per year
- Council rates approx. $2,000 per year

Common area features:

- Total of 17 visitor car spaces
- Pool facilities
- BBQ facilities
- Common room available to hire

Nearby Varsity Manor:

- Bond University 1km
- Varsity College (High school) 800 metres
- Varsity Primary School 3 km
- Varsity CBD & Convenience Stores
- CBD Hotel, Blackboard Café, German Bakery, Parisian Caf, IGA, and bottle shop 1km
- Burleigh Heads Beach 7.5km
- Nobby's Beach 6.5km

This property has been extremely well-maintained and is currently owner occupied.. ready for you to move in!

Property History for 24/2 Geraldton Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$655,000
13 Apr 2022
Listed for Rent
$460/w
31 Dec 2019
  • 13 Apr 2022
    Sold for $655,000
  • 06 Apr 2022
    Listed for Sale Interest Above $600,000
  • 05 Dec 2019
    Listed for Rent $460 / 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 8,110 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

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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.