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.
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
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:
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