24/35A Grevillea Drive, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

24/35A Grevillea Drive
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 342m2
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Property Details for 24/35a Grevillea Dr, Varsity Lakes

24/35a Grevillea Dr, Varsity Lakes is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1988. The property has a land size of 342m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
House
Year Built
1988
Floor Size
90m2
Land Size
342m2
Local Government
Gold Coast City
Lot/Plan
24/GTP1783

Last Listing description (January 2023)

Here is your chance to secure a 2 bedroom, low maintenance, single level, stylish duplex and only minutes from beautiful Burleigh beach!

Perfect for first home buyers, downsizers or savvy investors with a fantastic rental return and approx 5.2% rental yield! Peacefully located in a boutique pet friendly complex that backs directly onto Frascott Park which has two playgrounds on site, a fenced dog park with agility equipment, fitness stations, kick and play fields and a pathway perfect for biking.


Enjoy the sounds of nature while relaxing and entertaining under your private undercover back patio overlooking over the low maintenance garden and mature lemon trees.

Featuring:

- 2 bedrooms
- Modern bathroom with separate shower and bathtub and separate toilet
- Spacious galley kitchen with stainless steel appliances
- Single lock up garage with internal access and large storage cupboards, plus car space in driveway and many visitor spaces available
- Private alfresco entertaining area, low maintenance garden with side access for trailer or boat, large garden shed, overlooking Frascott Park and complex green
- Large separate laundry with external access and pet door
- Air-conditioning in living area and master bedroom
- Both bedrooms equipped with built in robes and ceiling fans
- Low maintenance property
- Very private and peaceful

*Can be sold fully furnished

Rental return approx. $600-$620 per week (0.52% rental yield)
Very low body corporate, approx. $25 per week
Council rates approx. $1,700 per annum
Water rates approx. $1,600 per annum

The Location:
10 min drive to Burleigh beach and North Burleigh SLSC
5 min drive to Christine Corner shops
5 min drive to Treetops Plaza or 10 min walk via easement
6 min drive to Stocklands Plaza Burleigh Heads
Local transport nearby
Direct access into Frascott Park

Schools
Within the catchment zones of Varsity College (Secondary) and Caningeraba State School (Primary)


This is a fantastic opportunity and not one to miss, call Sarah Drew on 0444 555 144 today to arrange your inspection!


Advertising Disclaimer:
You are advised that while every effort has been made to ensure the accuracy of information herein is true, accurate and obtained from reliable sources and is for general information only. Sarah Drew Real Estate and related entities are not responsible for and disclaims all liability and responsibility, including for negligence, for errors, for omissions or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein and must instead satisfy themselves by inspection or otherwise.

COVID 19 Disclaimer:
All representatives of our agency will conduct open homes and private inspections as per the social distancing rules in accordance with Government guidelines.

Property History for 24/35a Grevillea Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$680,000
01 Dec 2022
  • 01 Dec 2022
    Sold for $680,000
  • 16 Nov 2022
    Listed for Sale Offers over $599,000
  • 20 Apr 2020
    Sold for $395,000
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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 26 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.

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.