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.
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
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:
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