40 Balmain Street, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

40 Balmain Street
Varsity Lakes QLD 4227

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 226m2
Land area: 808m2
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Property Details for 40 Balmain St, Varsity Lakes

40 Balmain St, Varsity Lakes is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 2001. The property has a land size of 808m2 and floor size of 226m2. While the property is not currently for sale or for rent, it was last sold in February 2016.

Building Type
House
Year Built
2001
Floor Size
226m2
Land Size
808m2
Local Government
Gold Coast City
Lot/Plan
20/SP120886

Last Listing description (November 2016)

With limited quality 4 bedroom plus study homes being offered for sale, only the quick will be given the opportunity to secure this large and inviting low set residence absolutely packed with features. Sitting on an 808m2 corner block with superb street appeal, this solid brick / tile home is well built, versatile and offers a fantastic family setting.
Featuring:
*Quality lowset home, approximately 33 squares (297m2) floor plan available

*4 generous bedrooms all with built in robes plus a study
*Spacious open plan interior design with multiple informal living areas
*Huge modern kitchen with expansive stone bench, storage galore, dishwasher, servery to patio for entertaining, plumbed fridge connected to filtered water system reverse osmosis
*Zoned ducted air-conditioning throughout the entire house
*Quality fittings/tiles and neutral d cor throughout
*Expansive private covered outdoor entertaining area
*Impressive sparking salt water pool includes cleaning equipment
*Side access via gate providing secure off street parking for boat or trailer
*Security screens on all windows and doors for peace of mind
*Great sized fenced yard with easy care established gardens and large shed
*Extra high colour bond fencing for privacy
*2 x 2,500 litre water tank with pump to service the lawn, gardens and pool
*Solar panels (3kw) and 300 litre solar hot water system (hot water collectors are 2 x 110 Chromagens)
* LED down lights throughout
* Video surveillance intercom system
*Auto DLUG with internal access
*Peaceful location in a fantastic neighbourhood.
The soon to be redeveloped Treetops Shopping Centre, Varsity Lakes Train Station plus Recreational Park / huge dog park, bus stops and many schools all conveniently located nearby and don't forget Robina Town Centre and Burleigh's beautiful patrolled surf beaches.
An interior viewing is absolutely essential in order to appreciate the many features of this outstanding home.

Property History for 40 Balmain St, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$690,000
09 Feb 2016
  • 09 Feb 2016
    Sold for $690,000
  • 27 Jan 2016
    Listed for Sale Not Disclosed
  • 20 Nov 2004
    Sold for $460,000
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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 8,103 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 85.58% increase in median value, while Units have seen a 102.91% increase. As at 31 March 2026:

  • The median value for Houses in Varsity Lakes is $1,404,419 while the median value for Units is $979,638.
  • Houses have a median rent of $950 while Units have a median rent of $800.
There are currently 37 properties listed for sale, and 24 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 432 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.