31 Watts Drive, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
 
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31 Watts Drive
Varsity Lakes QLD 4227

Bedrooms: 5
Bathrooms: 5
Car spaces: 1
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Last updated 22 Dec 2025
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Property Details for 31 Watts Dr, Varsity Lakes

31 Watts Dr, Varsity Lakes is a 5 bedroom, 5 bathroom House with 1 parking spaces and was built in 2005. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
House
Year Built
2005
Local Government
Gold Coast City
Lot/Plan
68/SP158891

Last Listing description (November 2021)

Stylish, Waterfront Multi Level Home!

The 4th level bedroom is an absolute stand out and takes in the full length of the top floor with magnificent views across the lake, a lovely private sanctuary away from the rest of the family. The 3rd level bedroom also takes in amazing views and has the bonus of a king size luxury spa bathroom.

Live the life you have always wanted, and secure this unrivalled investment and lifestyle opportunity, close to all amenities, walking/bike tracks, within walking distance to village shops, cafes, Bond University and the local Varsity College.


31 Watts Drive Offers

5 Bedrooms, 4 bathrooms, spread over 4 levels of ultimate luxury
2 x Master bedrooms with walk in robes and ensuites
Mixture of carpeted rooms and white porcelain tiles throughout
Air Conditioned throughout the home
Gas cooking in modern kitchen
Balcony's/entertaining areas on 3 levels taking in water views
North East aspect capturing the beautiful water breezes
Separate laundry
Plenty of internal storage, under stairs etc
Double garage converted to extra spacious tiled room/storage and toilet
Parking for 1 car on site, open air
Dual access to home from Watts drive and waterfront
Endless opportunities for living arrangements
VACANT and ready to move into now!

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

A timeline of how this property has performed in the market
Last Sold
$1,050,000
16 Sep 2021
  • 20 Oct 2021
    Listed for Rent $1,100 per week
  • 07 Oct 2021
    Sold for $1,050,000
  • 02 Sep 2021
    Listed for Sale Expressions Of Interest
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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 8,092 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 24 properties listed for sale, and 25 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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