3/119 Bayswater Avenue, Varsity Lakes, QLD 4227 sold on 03 March 2026 | OnTheHouse
SOLD
Sold on 03 Mar 2026 for $1,300,000

3/119 Bayswater Avenue
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 153m2
Land area: 246m2
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Property Details for 3/119 Bayswater Ave, Varsity Lakes

3/119 Bayswater Ave, Varsity Lakes is a 3 bedroom, 2 bathroom Townhouse with 3 parking spaces and was built in 2007. The property has a land size of 246m2 and floor size of 153m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 3 bedroom Townhouse sold in Varsity Lakes in the last 12 months.

Building Type
Townhouse
Year Built
2007
Floor Size
153m2
Land Size
246m2

Last Listing description (March 2026)

Positioned in a highly sought-after Varsity Lakes location, overlooking the tranquil Wetlands Reserve, this freshly renovated triplex offers space, flexibility, and modern living - all with no body corporate.

This thoughtfully designed 3-bedroom home features soaring ceilings that enhance the sense of openness, while engineered hardwood floors anchor the kitchen, living, and dining areas with warmth and style. With two separate living areas and multiple entertaining zones, it's perfect for families, professionals, or anyone who loves to host.

The expansive master suite is a true retreat, complete with a generous walk-in wardrobe, striking custom barn doors, and a private study nook. Two additional bedrooms downstairs feature mirrored robes and sliding doors opening to a stunning courtyard oasis.

Modern conveniences elevate everyday living, including a Eufy Security Smart Lock entry, split-system air conditioning and ceiling fans in every room, and a 6.6kW solar power system for energy efficiency.

Outdoors, low-maintenance landscaped gardens provide privacy without the work, while the double lock-up garage with remote access offers practicality and storage.

Property Highlights:
- Uninterrupted views of Varsity Wetlands Nature Reserve from highset private balcony
- Spacious open-plan living with impressive, lofty ceilings
- Caesarstone and stainless-steel kitchen with island bench & 4-burner gas cooktop
- 3 generous bedrooms: master upstairs, 2 downstairs
- Master retreat with custom barn doors, walk-in wardrobe & private study nook
- Engineered hardwood flooring in kitchen, living & dining
- Second and third bedrooms with mirrored robes & courtyard access
- Eufy Security Smart Lock entry
- 6.6kW solar power system
- Air conditioning & ceiling fans throughout
- Double automatic lock-up garage with internal & external access
- Landscaped low-maintenance gardens
- Ample storage throughout
- Boutique block of 3 - no body corporate
- Approx. Rates: $1,000 per half year | Approx. Water: $350 per quarter
- Rental Appraisal: $1100 - $1150 per week

Location & Lifestyle:
Situated within the highly desirable Varsity College catchment (Prep to Year 12), renowned for strong academic results, modern facilities, and extensive extracurricular programs. Adjacent to a play park and nature reserve, with walking paths to Lake Orr, and just minutes to cafes, restaurants, and entertainment. Easy M1 access ensures seamless connectivity north or south.

Combining privacy, luxury, lifestyle, and location, this is a rare opportunity in one of the Gold Coast's most tightly held family and investor pockets.

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 3/119 Bayswater Ave, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$1,300,000
03 Mar 2026
  • 23 Feb 2026
    Sold for $1,300,000
  • 17 Feb 2026
    Listed for Sale Under Contract
  • 01 Jul 2020
    Sold for $565,000
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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 8,104 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 60 properties listed for sale, and 27 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 419 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.