28 Majorca CrescentVarsity Lakes QLD 4227
Property Details for 28 Majorca Cres, Varsity Lakes
28 Majorca Cres, Varsity Lakes is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 2002. The property has a land size of 500m2 and floor size of 157m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Last Listing description (July 2025)
Here is an opportunity for the builder, house flipper or very handy person to make some changes and improvements to this this great family sized home and profit from it. This is ideally positioned within walking distance to Varsity College, local shops & Lake Orr surrounds.This property has been an investment home for 19 years and does require some much needed TLC. For those builders looking for project, this could be it. Some of the key features:- 4 Spacious bedrooms with built in robes- 2 bathrooms- Smart design with formal carpeted living area to the front of the home- Open plan tiled living & dining area adjacent to the kitchen- High ceilings throughout- Kitchen complete with wall oven, ceramic cook-top, dishwasher, range hood and double fridge space- Auto double lock-up garage with internal entry- 2 x split system air conditioners- Tinted windows- Alfresco entertainment area under the main roof- Flat fully fenced 500m2 yard with room for a poolThe property is currently tenanted on a periodic lease. Photos are from prior to tenancyRates: $2,000.00 / year approximatelyWater: $1,600 / year approximatelyLand: 500m2Internal House: 244.7m2 External: 15.8m2Current rent $590 / week on periodic leaseRental Appraisal: $670-$700 per week
Property History for 28 Majorca Cres, Varsity Lakes, QLD 4227
- 18 Dec 2024Listed for Rent $1,400 / week
- 19 Oct 2021Sold for $851,000
- 12 Oct 2021Listed for Sale Offers above $749,000
Recent sales nearby
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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 8,095 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.
Suburb Insights for Varsity Lakes 4227
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