40/2 Geraldton Drive, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
 
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40/2 Geraldton Drive
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 89m2
Land area: 1383m2
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Last updated 29 Dec 2025
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Property Details for 40/2 Geraldton Dr, Varsity Lakes

40/2 Geraldton Dr, Varsity Lakes is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 2002. The property has a land size of 1383m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in January 2019.

Building Type
House
Year Built
2002
Floor Size
89m2
Land Size
1383m2
Local Government
Gold Coast City
Lot/Plan
40/SP144219

Last Listing description (August 2025)

Concealing a private haven of stylish living, this striking architecturally designed French Style top floor, east facing 2-bedroom, 2-bathroom apartment will allure you with all its charm, style, character and space. Conveniently located within walking distance to lifestyle amenities and hidden within a security gated boutique complex, this fantastic apartment is sure to impress.

With an abundance of natural light and cooling breezes, the modern timeless design features:

* King size master showcases a walk-in wardrobe, ensuite with granite bench tops and a glass sliding door which opens out to it's own balcony

* Large second bedroom with built in robes
* Main bathroom has granite bench tops and a shower over the bath
* Designer kitchen features a double pull out pantry, granite bench tops and dishwasher
* Spacious open plan lounge/dining area features 9ft ceilings and flows opens out to an east facing entertaining balcony
* Air conditioning, ceiling fans, security & fly screens
* Basement single lock up garage, separate laundry, ample cupboard space throughout
* Security gated with intercom, resort style pool, clubhouse and BBQ area
* Walking distance to schools, shops, the bus stop and Bond University

Water included in the weekly rental price

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Property History for 40/2 Geraldton Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$320,000
21 Jan 2019
Listed for Rent
$680/w
15 Aug 2025
  • 15 Aug 2025
    Listed for Rent $680 / week
  • 14 Jun 2024
    Listed for Rent $680 / week
  • 23 Jun 2022
    Listed for Rent $650 / week
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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, 403 properties were sold in the past 12 months in Varsity lakes.

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© 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.

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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.

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