4/2 Palma CrescentVarsity Lakes QLD 4227
Property Details for 4/2 Palma Cres, Varsity Lakes
4/2 Palma Cres, Varsity Lakes is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 441m2 and floor size of 39m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 1 bedroom Unit sold in Varsity Lakes in the last 12 months.
Last Listing description (June 2026)
Comfortable Low-Maintenance Living in the Heart of Varsity Lakes
Positioned in a quiet and well-maintained boutique complex, this 1 bedroom, 1 bathroom townhouse with secure garage presents an outstanding opportunity for first home buyers, investors, or downsizers seeking convenience, comfort, and low-maintenance living.
Located in the highly sought after Varsity Lakes and just moments from schools, shops, parks, and public transport, this home offers the perfect balance of lifestyle and practicality in one of the Gold Coast's thriving suburbs.
What we love about this home:
• 1 spacious bedroom with built-in wardrobe
• 1 well-appointed bathroom
• Secure single car garage with internal access (currently used as a second bedroom)
• Open-plan living and dining area
• Functional kitchen with ample storage
• Small private courtyard
• Low-maintenance design perfect for busy lifestyles or investors
Location
• Minutes to Varsity Lakes CBD, cafés, and local shops
• Close to quality schools including Varsity College and Bond University
• Easy access to public transport and Varsity Lakes Train Station
• Short drive to Burleigh Beach and major shopping centres, such as Robina Town Centre
• Surrounded by parks, walking tracks, and recreational facilities
Other Facts:
• This townhouse unit is tenanted until the 14th of August 2026 and the rent is $540 per week. The rental appraisal is $600 - $630 per week.
• Annual rates is approx $2,600
• Annual water cost is approx $1,200
• Body Corp fees are approx $103 per week
Whether you're looking to move in, invest, or secure a foothold in a high-demand area, this property represents exceptional value and lifestyle appeal.
Contact Andrew Marsh to learn more information about this home, or join at one of our upcoming open home inspection.
Disclaimer:
In preparing this information we have used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability for any errors, omissions, inaccuracies, or misstatements. Prospective purchasers should make their own enquiries to verify the information contained herein.
Property History for 4/2 Palma Cres, Varsity Lakes, QLD 4227
- 05 May 2026Sold for $635,000
- 09 Apr 2026Listed for Sale $620,000 - $650,000
- 04 Jan 2021Listed for Rent $385 / week
Recent sales nearby
See more recent sales nearby/assets/perm/hbydy6zguyi65oxzp5uho5qtgi?signature=f4b9a6c328245df6833255a2c2d120156ae34ee33a3698a55ae86b83b05fdb05){kind=logo}
0
/assets/perm/jmjpi556mai6nhese5n3q4ai3y?signature=cf1e992a896ff507142296a4ee3b85c5f244aeafd58a82c18941de41daac2ee9){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About Varsity Lakes 4227
The size of Varsity Lakes is approximately 5.9 square kilometres. There are 23 parks, covering nearly 10.6% of the 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 20-29 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 8,106 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 77.66% increase in median value, while Units have seen a 101.59% increase. As at 31 May 2026:
- The median value for Houses in Varsity Lakes is $1,406,103 while the median value for Units is $1,018,407.
- Houses have a median rent of $950 while Units have a median rent of $810.
Suburb Insights for Varsity Lakes 4227
Market Insights
Varsity Lakes Trends for Houses
N/A
N/A
View TrendN/A
N/A
Varsity Lakes Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
