3 Balmain Street, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

3 Balmain Street
Varsity Lakes QLD 4227

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 155m2
Land area: 427m2
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Property Details for 3 Balmain St, Varsity Lakes

3 Balmain St, Varsity Lakes is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2002. The property has a land size of 427m2 and floor size of 155m2. While the property is not currently for sale or for rent, it was last sold in November 2024.

Building Type
House
Year Built
2002
Floor Size
155m2
Land Size
427m2
Local Government
Gold Coast City
Lot/Plan
51/SP125577

Last Listing description (September 2025)

Positioned in the highly sought-after Varsity Lakes community, this charming single-level home is a perfect opportunity for first-time buyers, young families, or investors looking to break into one of the Gold Coast's most desirable suburbs. Freshly updated with new carpets and paint in neutral tones, the home is move-in ready, with only a little TLC needed in the garden to complete the picture.

Located on a generous 425m block, the property is nestled in a peaceful street backing onto Wattle Park, offering a tranquil outlook and an abundance of space and nature right on your doorstep. The home sits within the coveted catchment zone for Varsity Primary and Senior College, and is within walking distance to Varsity Primary, making it a highly attractive option for families.

This versatile property provides a comfortable lifestyle in a location where everything is within reach - local cafes, restaurants, Bond University, and Varsity Lakes train station are just a short drive or walk away. Plus, you're only minutes from the stunning Burleigh Beach and Miami Headland, ensuring you can enjoy the best of both worlds - peaceful suburban living with easy access to vibrant coastal hotspots.

Key Features:
3 Bedrooms: Master with ensuite and walk-in robe, remaining bedrooms with built-in robes
2 Bathrooms: Including ensuite off the master
Double Lock-Up Garage: With convenient two-way access
Outdoor Entertaining Area: Ideal for family gatherings or relaxing in the sunshine
Backs Onto Wattle Park: Offering a peaceful, nature-filled outlook
Additional Features: Security screens, air conditioning, and plenty of potential to create your dream garden

This is your chance to secure a fantastic family home in one of the Gold Coast's most family-friendly suburbs. Whether you're looking to enter the market or expand your investment portfolio, this home has everything you need and more.

Don't miss out - enquire today!

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.

Property History for 3 Balmain St, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$1,055,000
15 Nov 2024
  • 15 Nov 2024
    Sold for $1,055,000
  • 22 Oct 2024
    Listed for Sale Auction
  • 12 Oct 2000
    Sold for $164,000
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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 8,107 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 85.58% increase in median value, while Units have seen a 102.91% increase. As at 31 March 2026:

  • The median value for Houses in Varsity Lakes is $1,404,419 while the median value for Units is $979,638.
  • Houses have a median rent of $950 while Units have a median rent of $800.
There are currently 41 properties listed for sale, and 26 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.

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.