31 Cumberland Drive, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

31 Cumberland Drive
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 108m2
Land area: 443m2
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Property Details for 31 Cumberland Dr, Varsity Lakes

31 Cumberland Dr, Varsity Lakes is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1994. The property has a land size of 443m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in April 2015.

Building Type
House
Year Built
1994
Floor Size
108m2
Land Size
443m2
Local Government
Gold Coast City
Lot/Plan
182/RP847202

Last Listing description (May 2015)

If you are looking for a wise investment or maybe your first step onto the property ladder, don t miss this great opportunity. Located in the sought after area of Varsity Lakes lies this uncut gem. Offering the astute buyer ample space with 2 separate open plan living areas leading out to 3 separate courtyard areas. Currently rented at $460 per week with good tenants that are very keen to stay on. This 3 bedroom ensuited home screams potential with all the necessary ingredients. Believe me when I say it wont last long, so make sure you mark the open home in your diary today!
Boasting
* 3 bedrooms all carpeted

* Main bedroom with ensuite and WIR
* Separate bathroom
* Separate toilet
* Air conditioned living
* Security screens throughout
* 3 separate courtyard areas
* Solar power electricity/water
* Insulation
* Full roof restoration
* 3000l water tank
* Foxtel/Broadband ready
* Auto double garage
* Currently rented at $460 per week unit 25th of November 2015

Property History for 31 Cumberland Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$439,000
12 Apr 2015
  • 12 Apr 2015
    Sold for $439,000
  • 11 Mar 2015
    Listed for Sale Offers over $439,000
  • 01 Sep 2010
    Sold for $420,000
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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 85.34% increase in median value, while Units have seen a 105.15% increase. As at 30 April 2026:

  • The median value for Houses in Varsity Lakes is $1,413,430 while the median value for Units is $1,010,799.
  • Houses have a median rent of $950 while Units have a median rent of $800.
There are currently 46 properties listed for sale, and 22 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 427 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.