3/22 Palma Crescent, Varsity Lakes, QLD 4227 sold on 01 October 2026 | OnTheHouse
SOLD
RECENT ADVICE
Sold on 01 Oct 2026 for $1,100,000

3/22 Palma Crescent
Varsity Lakes QLD 4227

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 143m2
Land area: 97m2
Save

Property Details for 3/22 Palma Cres, Varsity Lakes

3/22 Palma Cres, Varsity Lakes is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 97m2 and floor size of 143m2. While the property is not currently for sale or for rent, it was last sold in October 2026. There are other 4 bedroom Unit sold in Varsity Lakes in the last 12 months.

Building Type
Unit
Year Built
2005
Floor Size
143m2
Land Size
97m2
Local Government
Gold Coast City
Lot/Plan
3/SP178198

Last Listing description (October 2026)

*** Video Walk Through on Facebook - Varsity Lakes Property Group ***Proudly presented by Mitch Harrop & George May, welcome to 3/22 Palma Crescent, Varsity Lakes, a spacious 218m townhouse offering four bedrooms plus a versatile office. Spread across two well-designed levels, the home combines abundant natural light, excellent indoor-outdoor flow and low-maintenance living, with the added benefit of a low body corporate.The ground floor centres around the open-plan living and dining area, with the dining space opening directly onto a large, fully fenced private deck. The kitchen overlooks the dining and outdoor entertaining area and offers plenty of storage, while the dedicated office, separate laundry and powder room add everyday practicality. Air conditioning and ceiling fans throughout ensure year-round comfort, with a single lock-up garage and additional car space adding further convenience.Upstairs, the generous master suite features a walk-in robe, ensuite with double vanity and private balcony, along with an adjoining versatile room ideal as a nursery, study, additional bedroom or second living space. Bedrooms two and three both feature built-in robes and ceiling fans, with direct access to their own shared balcony, complemented by a well-appointed main bathroom and separate toilet.Currently tenanted, the home offers a fantastic opportunity to secure a substantial townhouse in a popular Varsity Lakes location, with low-maintenance living and plenty of flexibility for the future.Boasting Home Features: Spacious 218m townhouse spread across two well-designed levels Four generous bedrooms plus a separate office or versatile multipurpose room Spacious open-plan living and dining area with excellent natural light Fully fenced deck providing a peaceful and private entertaining space Well-appointed kitchen offering ample bench space and generous storage Dedicated ground-floor office, ideal for working from home Convenient ground-floor laundry with adjoining separate powder room Master suite complete with private balcony, generous walk-in robe and ensuite Additional room adjoining the master suite, ideal as a nursery, second bedroom, study or multipurpose space Bedrooms two and three both feature built-in robes and direct balcony access Multiple balconies providing additional outdoor space across both levels Air conditioning and ceiling fans throughout for year-round comfort Excellent natural light throughout the home Single lock-up garage plus additional dedicated car parking space Low body corporate fees Currently tenanted providing an attractive investment opportunityCouncil Rates: Approx. $1,583 Bi-Annually Water Rates: Approx. $548 Per Quarter Body Corporate: Approx. $67 Per Week Rental Appraisal: Approx. $875 - $925 Per WeekBoasting Location Features: Positioned within the sought-after Varsity Lakes community Convenient access to local parks, walking paths and recreational spaces Close to Varsity Lakes' popular cafs, restaurants and everyday amenities Easy access to Varsity Lakes train station and major transport connections Minutes from Robina Town Centre and its extensive shopping, dining and entertainment options Close to Bond University and Varsity College Convenient access to the M1 for travel north and south A short drive to the Gold Coast's renowned beachesWhy 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 3/22 Palma Cres, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$1,100,000
01 Oct 2026
Listed for Rent
$550/w
17 Dec 2018
  • 01 Oct 2026
    Sold for $1,100,000
  • 26 Aug 2026
    Listed for Sale SOLD BY MITCH HARROP
  • 28 Nov 2018
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

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 8,128 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 59.67% increase in median value, while Units have seen a 80.98% increase. As at 31 August 2026:

  • The median value for Houses in Varsity Lakes is $1,393,843 while the median value for Units is $969,991.
  • Houses have a median rent of $960 while Units have a median rent of $830.
There are currently 70 properties listed for sale, and 35 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 397 properties were sold in the past 12 months in Varsity lakes.

Suburb Insights for Varsity Lakes 4227

Market Insights
Varsity Lakes Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Varsity Lakes Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agency
agent headshot
Show contact details
Harcourts Property Hub
Preferred contact:
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.