36 South Bay Drive, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

36 South Bay Drive
Varsity Lakes QLD 4227

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 190m2
Land area: 213m2
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Property Details for 36 South Bay Dr, Varsity Lakes

36 South Bay Dr, Varsity Lakes is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 2010. The property has a land size of 213m2 and floor size of 190m2. While the property is not currently for sale or for rent, it was last sold in November 2019.

Building Type
House
Year Built
2010
Floor Size
190m2
Land Size
213m2
Local Government
Gold Coast City
Lot/Plan
255/SP214423

Last Listing description (December 2019)

Make your move before Christmas and buy this outstanding dual living home in South Bay, Varsity Lakes.

This very convenient location is ideal for families looking for a unique urban living lifestyle without the maintenance. With award winning Varsity Primary School 300 metres walk and internationally recognised Bond University just a few minutes drive away. This home offers you the opportunity to launch your business into the future whilst making lasting family memories in your modern chic home.

Rarely offered to the market, these two homes on one title will open your mind and imagination to unlimited uses from professional services, health, beauty or additional rental income. Currently achieving $300 per week for the self contained pad. Or you could rent the entire home for $750 to $800 per week. Start to live a minimal lifestyle with the flexibility of either working from home or taking advantage of a completely separate pad, setup for family or business.

The main house consists of 3 private bedrooms all with built in robes, a balcony from the second bedroom, bath, shower and combined laundry shower downstairs.

The separate pad residence is positioned over the garage offering you the opportunity to run a separate business or family retreat. The pad is air-conditioned studio, with stone kitchen tops,electric stove, full shower, bright, airy and with a sunny balcony overlooking the park. The pad would be perfect for new parents to get ahead and save for the future.

Working from home has never looked so good. If you have a business or idea that you can run from home then why not take advantage of the opportunity and work from home without the cost of renting a commercial space.

Within a short 2 minute walk to ALDI shopping and cafe convenience at your doorstep. Come and see why this energetic and vibrant community loves to call Varsity Lakes home.

Main House

3 good sized bedrooms
2 bathrooms
2 Car Garage
Full Kitchen with New Dishwasher
Freshly Painted Inside
Air conditioning in each room
Composite Timber Decking
Home Office Approved
Low Body Corp Fees - Building Insurance $22 per week approx
Rent Separately (pad) $280 + (main house) $620 or together $750 to $800, your choice!
Council Approved for small businesses and signage
Polished concrete floors
Fibre Internet/ Solar approved / 3000 litre water tank and options to meter electricity separately

Pad

Bright open plan living, a flexible space above double car garage
Kitchen with cooktop
1 bathroom (shower toilet & vanity)
Private access to pad with deck overlooking park
Ideal teenager retreat, business hub or second income stream (Permanent rental or Air BNB)
Parkside position, walk to Aldi, Caf & Gym
Walk or ride 15km of paths that meander throughout Varsity & Robina
5 Km drive to North Burleigh beach
5 mins drive to Train station M1 highway

Suitable business options include hairdressers, beauticians, optometrists, architects, builders, professional services such as engineering and internet based marketing.

If you have a business idea this space will work for you, your family or employees. All offers will be presented so don't miss your chance to buy this truly unique property.

Property History for 36 South Bay Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$700,000
20 Nov 2019
  • 20 Nov 2019
    Sold for $700,000
  • 30 Oct 2019
    Listed for Sale AUCTION
  • 21 Jun 2015
    Sold for $550,000
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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 8,109 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 98.15% increase in median value, while Units have seen a 98.82% increase. As at 31 December 2025:

  • The median value for Houses in Varsity Lakes is $1,353,363 while the median value for Units is $910,743.
  • Houses have a median rent of $870 while Units have a median rent of $800.
There are currently 30 properties listed for sale, and 27 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 391 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.