3/2 Palma Crescent, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

3/2 Palma Crescent
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 85m2
Land area: 441m2
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Property Details for 3/2 Palma Cres, Varsity Lakes

3/2 Palma Cres, Varsity Lakes is a 2 bedroom, 2 bathroom House with 2 parking spaces and was built in 2006. The property has a land size of 441m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
House
Year Built
2006
Floor Size
85m2
Land Size
441m2
Local Government
Gold Coast City
Lot/Plan
3/SP165623

Last Listing description (December 2020)

The Phone Code for this property is: 91870. Please quote this number when phoning or texting.

This lovely end townhouse in boutique block of six is situated opposite Lake Orr being on the corner of Bayswater Ave and Palma Crescent.
Features include:

Master bedroom with en-suite shower room and own balcony (ceiling fan)
Guest bedroom with built in wardrobe. (Ceiling fan).
Main bathroom with shower over bath.
Kitchen opens out to Lounge area with double sliding doors onto small private balcony
A/C in lounge and ceiling fan
Wooden stairs lead down to Garage (currently used as an office space but can easily double up as an additional guest bedroom.
Newly installed laundry area with fitted gloss units at rear of garage, with drop down ladder leading to attic space for handy storage.
There is also an undercover carport
The house is maintenance free with a small body corporate fee of $40 per week.
The property is situated in a tranquil bush setting with lovely lake views.

Inspections by appointment.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for 3/2 Palma Cres, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$422,000
17 Oct 2020
Listed for Rent
$390/w
05 Jun 2017
  • 17 Oct 2020
    Sold for $422,000
  • 09 Oct 2020
    Listed for Sale $425,000
  • 17 Aug 2019
    Sold for $385,000
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About Varsity Lakes 4227

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:

  • The median value for Houses in Varsity Lakes is $1,353,363 while the median value for Units is $910,743.
  • Houses have a median rent of $870 while Units have a median rent of $800.
There are currently 30 properties listed for sale, and 27 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 391 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.