28 Tracey Cres, Varsity Lakes is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2000. The property has a land size of 541m2 and floor size of 175m2. While the property is not currently for sale or for rent, it was last sold in November 2020.
Now here is an opportunity for the discerning buyer to snap up a very well positioned home which backs on to the waterfront. Positioned in a cul-de-sac on a 541m2 block of land with an outlook over the water and a blank canvas as your backyard. The options are endless. What about a great sized pool with Bali hut? It could be done quite easily.This home is approximately 20 years old and has been rented out all this time. The previous tenants were there 11 years and have vacated the home. The home comprises:Master bedroom with en-suite & walk-in robe3 further large bedrooms with built-in robesLiving family roomTiled dining area adjacent to the kitchen and living spaceSeparate study areaMain bathroom with bath and showerSeparate toiletInternal laundryDouble lock up garage with internal accessEntertaining area with shade sailsLarge backyard overlooking water and across to Azzurra IslandCentrally located and within close proximity to schools, shopping and some of the Gold Coast's best beaches. Inspections are highly recommended. Furniture has been computer generated.This property although being rented for the past 20 years is in reasonably good condition. With a little bit of tender loving care this property could be truly a wonderful home in a wonderful location. This could stay as a rental property with good returns or a terrific owner occupied residence.Positioned very well in a family orientated area on a great size block make this one to inspect as properties like this on waterfrontage don't last too long at all.
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 8,109 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:
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