31 Lakeridge Drive, Varsity Lakes, QLD 4227 sold on 18 October 2025 | OnTheHouse
SOLD
Sold on 18 Oct 2025 for $1,300,000

31 Lakeridge Drive
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Property Details for 31 Lakeridge Dr, Varsity Lakes

31 Lakeridge Dr, Varsity Lakes is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1990. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 3 bedroom House sold in Varsity Lakes in the last 12 months.

Building Type
House
Year Built
1990
Local Government
Gold Coast City
Lot/Plan
16/RP207301

Last Listing description (November 2025)

Varsity Lakes Gem Big Block, Big Potential

Welcome to 31 Lakeridge Drive a neatly presented single-level home positioned on a generous 652m flat block in one of Varsity Lakes' most convenient locations. Perfectly suited to first home buyers, downsizers, or renovators seeking to unlock potential, this property offers solid foundations and endless opportunity to add value.

This home features three well-proportioned bedrooms, including a master with ensuite, and two beautifully renovated bathrooms showcasing stylish modern finishes. The expansive yard provides ample room for kids, pets, or future extensions, while the low-maintenance block ensures easy day-to-day living.

With desirable side access, a double lock-up garage, and a quiet family-friendly street just moments from Frascott Park, this residence blends comfort, practicality, and long-term potential in an unbeatable location.

Features:
Three bedrooms including master with ensuite
Two fully renovated bathrooms with contemporary finishes
Ideal single-level layout appealing to all ages and stages
Flat, fully usable 652m block with a fully fenced yard ideal for kids and pets
Side access for boat, trailer, or additional storage
Double lock-up garage
Low-maintenance grounds with scope to enhance or expand
Solid brick construction the perfect blank canvas for modern updates
Rental Appraisal $1,000 - $1,100 Per Week

Prime Location:
5 minutes to Bond University
9 minutes to Burleigh Heads Beach
7 minutes to Robina Town Centre
Frascott Park, just a short stroll from your doorstep

Set in a tightly held enclave of Varsity Lakes, 31 Lakeridge Drive represents a rare opportunity to secure a quality home with outstanding potential in one of the Coast's most convenient and family-oriented pockets.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

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

A timeline of how this property has performed in the market
Last Sold
$1,300,000
18 Oct 2025
  • 17 Nov 2025
    Sold for $1,300,000
  • 13 Oct 2025
    Listed for Sale Offers Over $1,195,000
  • 31 Oct 2019
    Listed for Rent $500 WEEKLY
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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 8,113 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 89.77% increase in median value, while Units have seen a 102.81% increase. As at 28 February 2026:

  • The median value for Houses in Varsity Lakes is $1,376,945 while the median value for Units is $958,531.
  • Houses have a median rent of $880 while Units have a median rent of $800.
There are currently 40 properties listed for sale, and 26 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 425 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.