40/29-49 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
 
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40/29-49 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 110m2
Land area: 170m2
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Last updated 2 Feb 2026
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Property Details for 40/29-49 Varsity Pde, Varsity Lakes

40/29-49 Varsity Pde, Varsity Lakes is a 3 bedroom, 3 bathroom Townhouse with 2 parking spaces and was built in 2015. The property has a land size of 170m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
Townhouse
Year Built
2015
Floor Size
110m2
Land Size
170m2
Local Government
Gold Coast City
Lot/Plan
40/SP246292

Last Listing description (February 2023)

Welcome home to this ultra chic and modern townhouse, boasting breathtaking water views to be enjoyed every day.

Located in the exclusive Edgewater Residences at the heart of Varsity Lakes, built in 2015 and is rarely offered. This low maintenance, prestige waterfront property is ideal for busy executives or young family and is the perfect addition to your high-end portfolio. Immaculate presentation, clever in design, beautifully appointed with incredible views to match, this home perfectly showcases the Gold Coast lifestyle.

Immediately capturing the views from entry, the clever open plan layout is designed to embrace the location. Central to the home is the spacious kitchen complete with large stone benches, stainless steel appliances and plenty of storage. The living area is further enhanced by full length windows and high vaulted ceilings, all leading to the balcony area for you to enjoy the priceless views. The lower level also features a separate bedroom and large bathroom/laundry combination for your convenience. With easy access from the secured carport and fully fenced front patio area, the main entry allows plenty of space for extra storage and the family pets in the private courtyard.

The upper level features 2 spacious bedrooms, including master with BIR, airconditioning and private ensuite. The second bedroom features BIR, fan and wide-set windows cleverly designed to take in the gorgeous views, serviced by the spacious main bathroom complete with shower and bathtub.

The complex offers resort-style facilities including 20-metre lap pool, large BBQ area, games room and fully equipped gym. With secure gated entry and plenty of visitors parking, Edgewater Residences presents the perfect combination of family-friendly community and convenient central location.

Positioned in one of the most appealing locations, within the Varsity College catchment, the lifestyle on offer is all about convenience. Stroll or ride along the lakeside pathways, only minutes from a host of quality facilities including Easy T Centre, Robina Town Centre and Varsity Market Square with award-winning restaurants and specialty shops and Bond University. Within easy access to the M1 Motorway, only 10 minutes to Broadbeach, Burleigh Heads and fabulous Gold Coast beaches.

This property must be seen to be appreciated, with high demand in this location it simply will not last! Call now for more information or to book an inspection.

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Property History for 40/29-49 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$860,008
08 Apr 2022
Listed for Rent
$850/w
04 Oct 2022
  • 26 Sep 2022
    Listed for Rent - Price not available
  • 31 May 2022
    Listed for Sale SOLD - $860,008
  • 08 Apr 2022
    Sold for $860,008
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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 8,110 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 33 properties listed for sale, and 29 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 401 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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