29 Southlake Drive, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

29 Southlake Drive
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 119m2
Land area: 591m2
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Property Details for 29 Southlake Dr, Varsity Lakes

29 Southlake Dr, Varsity Lakes is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1993. The property has a land size of 591m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in June 2024.

Building Type
House
Year Built
1993
Floor Size
119m2
Land Size
591m2
Local Government
Gold Coast City
Lot/Plan
60/RP847204

Last Listing description (September 2025)

Under Contract by Selina Feng

Nestled along the shores of a northeast-facing saltwater tidal lake, this property offers an ideal setting for fishing, paddle boarding, kayaking, and more. Recently renovated, this waterfront home boasts a prime location near Bond University, Robina Town Centre, schools, golf courses, and just 3.4 kilometers from the beach.
Stroll to Frascott Park with your loved ones, unwind in the backyard overlooking the water, and enjoy fishing right from your own yard. Wake up to panoramic water views from the bedroom, and entertain on the covered patio. With a rental appraisal of $1150 per week, this home is not only perfect for those looking to reside in it but also presents an excellent investment opportunity.

Property Features:
Northeast-facing orientation with expansive waterfrontage
4 bedrooms, 2.5 bathrooms, and 2 separate living areas complemented by an open-plan kitchen
Elegant neutral color scheme throughout
Recently renovated and freshly painted
High-quality Bosch kitchen appliances including a touchscreen cooktop, dishwasher, built-in microwave and oven, and exhaust fan system
Ducted air conditioning for year-round comfort
Spacious backyard offering ample space for children and pets, with potential for a pool
Within the highly sought-after Varsity College High School catchment area
Conveniently located within walking distance to local parks

Suburb profile:
The Varsity Lakes community is one of the Gold Coast's most popular places to live and do business with its growing housing estates and business precinct. Adjacent to Bond University, the suburb is only minutes from Robina Town Centre and North Burleigh Beach. The suburb surrounds an 80ha lake and Gold Coast Airport is less than 25 minutes away. Boasting a central location and an array of high-quality waterfront residential precincts, Varsity Lakes continues to attract a diverse community seeking the perfect blend of convenience and coastal charm.

This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. * denotes approximate measurements

Property History for 29 Southlake Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$1,501,000
08 Jun 2024
Listed for Rent
$1.15k/w
27 Jul 2023
  • 08 Jun 2024
    Sold for $1,501,000
  • 16 May 2024
    Listed for Sale Under Contract
  • 28 Feb 2024
    Listed for Rent $1,150 / week
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About Varsity Lakes 4227

The size of Varsity Lakes is approximately 5.9 square kilometres. There are 23 parks, covering nearly 10.6% of the 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 20-29 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 8,104 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 77.66% increase in median value, while Units have seen a 101.59% increase. As at 31 May 2026:

  • The median value for Houses in Varsity Lakes is $1,406,103 while the median value for Units is $1,018,407.
  • Houses have a median rent of $950 while Units have a median rent of $810.
There are currently 56 properties listed for sale, and 19 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 409 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.