3 Port Peyra Crescent, Varsity Lakes, QLD 4227 sold on 04 June 2026 | OnTheHouse
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Sold on 04 Jun 2026 for $1,950,000

3 Port Peyra Crescent
Varsity Lakes QLD 4227

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 256m2
Land area: 824m2
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Property Details for 3 Port Peyra Cres, Varsity Lakes

3 Port Peyra Cres, Varsity Lakes is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 2006. The property has a land size of 824m2 and floor size of 256m2. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 5 bedroom House sold in Varsity Lakes in the last 12 months.

Building Type
House
Year Built
2006
Floor Size
256m2
Land Size
824m2

Last Listing description (June 2026)

Evoking a cool sophistication, this modern, contemporary lifestyle property is the ultimate expression of effortless family living and entertaining. Sought after for its placement on the prestigious "Azzurra Island "enjoy the panoramic vistas over Port Peyra Reserve parks and water ways.

Designed and built without compromise and impeccably maintained on a generous 824m2 allotment, this sprawling 5-bedroom home revels both formal and informal living and dining areas with full height glazing and cavity sliders to ensure unrivalled indoor -outdoor living.

Bathed in natural light, the residence opens with an impressive entry foyer, where soaring ceilings and a sense of scale immediately set the tone. At the heart of the home, the designer kitchen is a true statement in functionality, as is the teenager's retreat/rumpus room which services 4 of the bedrooms with the entire top floor 5th bedroom devoted to the master suite to provide peaceful accommodation.

Ticking every box for the entire family at any age, the home further showcases -

• Superior Coastal style residence set on a prime 824m2 useable block
• Energy efficient home with a 24 panel- 9.36kw Sun grow solar system
• Four bedrooms plus a luxurious top floor hotel like master retreat which opens to its very own balcony to enjoy the sunsets over the parks and water ways. The ensuite is of a contemporary open plan design for a wet area and features double vanities and an oversized walk-in mirror robe with built in shelving
• The main bathroom of the home features a convenient three way design with floor to ceiling tiling, a double vanity, a separate bath, shower and powder room
• A third guest powder room is located on the ground floor
• Enriched with high ceilings and multiple living zones for the entire family, there is a clever separation of formal and informal zones with an oversized tiled family and dining area, a private carpeted media/lounge room and a teenage retreat/rumpus room which is the centre piece of the 4 bedrooms.
• The timeless open plan kitchen includes a statement 1.5m x 1.8m island stone bench top which showcases olive 2 Pac seamless colour cabinetry with soft closing draws complimented by a glass splash back with European appliances including 2 Bosh ovens - a second multi-purpose microwave, a 5-burner gas cook top and a Miele dishwasher, 2 sets of double door pantries, functional upper and lower storage, a plumbed double door fridge space, a deep set double chrome sink and a kitchen window servery for effortless entertaining and everyday family living.
• A separate oversized built-in laundry opens to the outside clothesline area to complete the visual flow and practicality
• For the car enthusiast there is a double auto garage with epoxy flooring, a built-in storage cupboard, internal and external access and a large garden shed
• The living area triple stacker doors and the kitchen servery add to the seamless connection to the oversized covered, tiled alfresco area which overlooks both the resort style pool to enjoy an endless summer, and to two flat grassed areas for both children and pets to play
• Reverse cycle air-conditioning, roof insulation, remote-control ceiling fans, night and day blinds, fly wires, down lights, interconnecting smoke alarms and a home safe
• Rates are approx. $1680 half yearly with water rates being approx. $600 a quarter
• Enjoy the kilometres of walking and cycling tracks around Lake Orr and for the kayaking, stand up paddle boarding and fishing enthusiasts there is a jetty located in the park directly opposite and a Sailing Club close by for convenience
• Grocery shopping will become a breeze with the Aldi Supermarket just a 2-minute drive away and forget the car keys, because the Varsity Train Station, Bus stop, Primary School and Kindergarten are all walking distance from your front door.
• Also positioned within a 5-minute drive is the Varsity CBD and Village atmosphere, The Robina Town Centre, Bunnings, Medical Centres, and Bond University.

Enjoy the best of both worlds - a private haven of quiet luxury, with the vibrancy of the Gold Coast just moments away, 3 Port Peyra Crescent delivers a seamless blend of comfort and effortless coastal living to maximise its prized location.
Offered with vacant possession, allowing you to move straight in, this turnkey home presents a compelling opportunity to secure a substantial family residence in one of the Gold Coast's most desirable lifestyle precincts.

Bring your cheque book… and start your property dreams by calling Michelle Wegener today on 0439 717 647

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.

Property History for 3 Port Peyra Cres, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$1,950,000
04 Jun 2026
  • 04 Jun 2026
    Sold for $1,950,000
  • 11 May 2026
    Listed for Sale SOLD BY MICHELLE WEGENER
  • 01 Feb 2015
    Sold for $830,000
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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 8,108 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 63 properties listed for sale, and 28 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.