3/1 Lakefront Crescent, Varsity Lakes, QLD 4227 sold on 21 July 2026 | OnTheHouse
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Sold on 21 Jul 2026 for $1,000,000

3/1 Lakefront Crescent
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 105m2
Land area: 124m2
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Property Details for 3/1 Lakefront Cres, Varsity Lakes

3/1 Lakefront Cres, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2010. The property has a land size of 124m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 2 bedroom Unit sold in Varsity Lakes in the last 12 months.

Building Type
Unit
Year Built
2010
Floor Size
105m2
Land Size
124m2
Local Government
Gold Coast City
Lot/Plan
3/SP210676

Last Listing description (July 2026)

*** Video Walk Through on Facebook - Varsity Lakes Property Group ***Proudly presented by Mitch Harrop, welcome to 3/1 Lakefront Crescent, Varsity Lakes, one of the suburb's most impressive waterfront apartments, perfectly positioned within the tightly held Parklake complex. Occupying an elevated ground-floor position with uninterrupted 180 views across Lake Orr, this spacious residence captures picturesque sunrises, cooling breezes, and an unbeatable lifestyle in one of Varsity Lakes' most sought-after pockets.Offering an oversized floor plan with two bedrooms, two bathrooms, two secure car spaces, and a storage cage, this beautifully refreshed apartment presents a genuine move-in ready opportunity with absolutely nothing left to do. The open-plan living and dining area flows effortlessly to the waterfront entertaining space, creating the perfect setting to relax or entertain while enjoying stunning lake views year-round.Boasting Home Features Include: Elevated ground-floor waterfront apartment with uninterrupted 180 views across Lake Orr Spacious floor plan with two bedrooms, two bathrooms, two secure car spaces, and storage cage Boutique Parklake complex of only 39 apartments Light-filled open-plan living and dining flowing seamlessly to the waterfront entertaining area Move-in ready residence with extensive recent upgrades throughout Stylish kitchen with brand-new appliances New Vulcan flooring, bedroom carpets, fresh paint, lighting, and ceiling fans Hisense air conditioning units installed in bedrooms and living area Plantation shutters and Secureview stainless steel mesh security screens throughout Master suite with ensuite, built-in wardrobe, and stunning water views Elevated waterfront position capturing cooling breezes and picturesque sunrises Rental Appraisal: Approx. $900 -$950 Per WeekBody Corporate Fees: Approx. $190 Per Week due to recent complex updates and improvements. Building Insurance: Approx. $30 Per WeekResidents benefit from extensive recent building improvements, including full cladding replacement and structural framing upgrades completed in 2025, exterior repainting and pressure cleaning, drainage and waterproofing works, window sealing upgrades, and refreshed painting to entry doors and interior stairwells completed in early 2026.Boasting Location Features Include: Positioned next picturesque waterfront boardwalks around Lake Orr Varsity College catchment & short walk to primary and secondary schools Bond University just a hop, skip and jump away Cafe, restaurants and amenities at your doorstep Short drive to Robina Town Centre and Robina Hospital Gold Coast's renowned golden sandy beaches just down the road Gold Coast Airport a small car journey down the easily accessible M1Perfectly located within walking distance to the new Coles shopping precinct, cafes, restaurants, Varsity CBD, Bond University, Lake Orr walking tracks, and Varsity College schools, this is a rare opportunity to secure one of the suburb's premier waterfront homes.Why Choose Varsity Lakes?Varsity Lakes continues to stand out as one of the Gold Coast's premier lifestyle suburbs, offering a unique blend of luxury, convenience, and community. Nestled around the picturesque Lake Orr, it features scenic walking tracks, parks, and vibrant cafs that encourage a relaxed, family-friendly atmosphere. Home to the esteemed Varsity College and within walking distance to Bond University, it's a location that appeals to both families and investors. With easy access to Robina Town Centre, transport links, and the M1, Varsity Lakes represents the ideal balance of lifestyle, connectivity, and long-term value.For more information, contact the Number 1 Agent in Varsity Lakes & Robina, Mitch Harrop today!Disclaimer: 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 3/1 Lakefront Cres, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$1,000,000
21 Jul 2026
Listed for Rent
$500/w
18 Jun 2019
  • 21 Jul 2026
    Sold for $1,000,000
  • 26 May 2026
    Listed for Sale SOLD BY MITCH HARROP
  • 16 Mar 2023
    Sold for $653,000
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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 8,125 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 73.20% increase in median value, while Units have seen a 102.00% increase. As at 30 June 2026:

  • The median value for Houses in Varsity Lakes is $1,408,950 while the median value for Units is $1,024,795.
  • Houses have a median rent of $950 while Units have a median rent of $825.
There are currently 70 properties listed for sale, and 32 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 420 properties were sold in the past 12 months in Varsity lakes.

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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.