4 Palma Crescent, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

4 Palma Crescent
Varsity Lakes QLD 4227

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 111m2
Land area: 350m2
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Property Details for 4 Palma Cres, Varsity Lakes

4 Palma Cres, Varsity Lakes is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 2003. The property has a land size of 350m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in September 2018.

Building Type
House
Year Built
2003
Floor Size
111m2
Land Size
350m2
Local Government
Gold Coast City
Lot/Plan
285/SP158888

Last Listing description (October 2018)

Perfect for those looking to invest or downsize yet still seek a top quality home, or a young family looking to grow in the enviable Varsity College school zone. Within a short stroll to the lakefront, this idyllic property is the perfect location for your lifestyle and deserves your immediate attention.
Through the double timber doors and entry hall, you are drawn to the bright and expansive, open plan kitchen/dining/living area with extra high pitched ceilings, quality Duce bifold solid timber doors and window lights. Opening onto the huge East facing, sandstone paved courtyard with water feature and electric awning, a seamless merging of indoor and outdoor living spaces has been created.
The entertainers' kitchen features stone benches and splash back, immaculate Smeg European appliances and generous cupboard space, certainly a dream kitchen for the aspiring chef and seasoned entertainer alike.

All bedrooms are generous in size and emphasize the smart floor plan. The master bedroom has a spacious walk in robe, ensuite with twin vanities and air conditioning, privately positioned at the front of the home. The 2nd and 3rd bedrooms feature built in robes and ceiling fans, smartly positioned at the rear and separated by the 2nd living area, ideally used as a home office, children's playroom or a 4th bedroom if required.
This superior quality home set on a low maintenance, easy care 350m2 lot in a keenly sought position offers an outstanding lifestyle and location.
PROPERTY FEATURES:
* Tiled open plan living with air conditioning, high ceilings and office nook
* Massive, fully paved courtyard, water feature and electric awning
* Second living/home office can easily become a 4th bedroom
* Chef's quality entertainer's kitchen, stone benches, Smeg appliances
* Separate master bedroom, twin vanity ensuite, WIR
* 10 panel PV solar power system
The Aldi centre, local gym & espresso house a short walk, as is the childcare centre & Varsity College Prep & Primary School. Stroll over the footbridge to Varsity Middle & Senior College, shops & amenities, Bond University, restaurants & alfresco dining on the expansive lake.
Varsity Lakes is a lifestyle suburb of choice, boasting over 17 km of walking/cycling tracks around Lake Orr. The world of shopping, dining & entertainment of Robina Town Centre, quality private schools and golf courses, the Varsity rail link & M1 Motorway are within minutes.
Guaranteed to impress so call now to inspect today!

Property History for 4 Palma Cres, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$633,000
06 Sep 2018
Listed for Rent
$575/w
20 Jul 2017
  • 06 Sep 2018
    Sold for $633,000
  • 30 Aug 2018
    Listed for Sale SOLD
  • 10 Jul 2017
    Listed for Rent - Price not available
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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 26 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.