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

38 Cumberland Drive
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 478m2
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Last updated 29 Dec 2025
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Property Details for 38 Cumberland Dr, Varsity Lakes

38 Cumberland Dr, Varsity Lakes is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 478m2. While the property is not currently for sale or for rent, it was last sold in July 2014.

Building Type
House
Year Built
1980
Land Size
478m2
Local Government
Gold Coast City
Lot/Plan
85/RP847202

Last Listing description (July 2014)

RED HOT HOME!
Fantastic opportunity to enter the CG home buyer's market at a bargain price. Situated close to shopping centres, public transport and local schools. Sitting on 478m2 of landscaped land, this three bedroom home is a must see for all those with ownership aspirations.
The cul-de-sac location makes it ideal for the family and ducted air conditioning throughout makes the inside living a climate controlled paradise!

This home has been loved by the reluctant seller for the last 13 years and overseas business commitments have brought about this special opportunity at a very realistic price.
Get in quick!!!
Additional feature/s - Built-In Wardrobes.

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Property History for 38 Cumberland Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$402,500
28 Jul 2014
  • 28 Jul 2014
    Sold for $402,500
  • 25 May 2014
    Listed for Sale $430,000
  • 19 Jul 2001
    Transferred for $142,000
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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 8,092 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 25 properties listed for sale, and 26 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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