3 Palma Crescent, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
 
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3 Palma Crescent
Varsity Lakes QLD 4227

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 153m2
Land area: 350m2
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Property Details for 3 Palma Cres, Varsity Lakes

3 Palma Cres, Varsity Lakes is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2003. The property has a land size of 350m2 and floor size of 153m2. While the property is not currently for sale or for rent, it was last sold in July 2016.

Building Type
House
Year Built
2003
Floor Size
153m2
Land Size
350m2
Local Government
Gold Coast City
Lot/Plan
278/SP158888

Last Listing description (July 2025)

Currently owner occupied the opportunity exists to buy this North rear facing open plan 4 bedroom home which has excellent potential as it requires very little maintenance and can make a great first start or an ideal investment property.Features:Large master with built in robes and ensuite3 further bedrooms with built in robesOpen plan formal lounge/dining with high ceilingsTiled family/meals area with high ceilingsBuilt in study zoneCeiling fans throughoutModern kitchen with stainless steel appliances & dishwasher & stone waterfall benchesLarge undercover outdoor entertaining areaFreshly paintedNew carpetsDouble lock up garage with internal accessSplit system A/C x 2 unitsZoned for Varsity College Junior & Senior schoolsThis 350m2 block is fully fenced with side access and has enough space for pets, entertaining, spa or plunge pool without the hassle of maintaining a large yard.Situated in the heart of Varsity Sound and surrounded by quality homes, this home is only minutes to schools, shops, restaurants, M1, Robina Town Centre and rail.For inspection times contact Daryn Trowbridge on 0410 665 902.To view this week for your private inspection please email or phone immediately before missing out.

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

A timeline of how this property has performed in the market
Last Sold
$532,500
26 Jul 2016
Listed for Rent
$460/w
22 Dec 2011
  • 29 Dec 2022
    Listed for Sale Contact Agent
  • 26 Jul 2016
    Sold for $532,500
  • 09 Jul 2016
    Listed for Sale Offers Over $529,000
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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 8,095 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 97.94% increase in median value, while Units have seen a 103.23% increase. As at 30 November 2025:

  • The median value for Houses in Varsity Lakes is $1,324,459 while the median value for Units is $922,789.
  • Houses have a median rent of $870 while Units have a median rent of $800.
There are currently 27 properties listed for sale, and 27 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 402 properties were sold in the past 12 months in Varsity lakes.

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