40 Cumberland Drive, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

40 Cumberland Drive
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 136m2
Land area: 511m2
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Property Details for 40 Cumberland Dr, Varsity Lakes

40 Cumberland Dr, Varsity Lakes is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1994. The property has a land size of 511m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in May 2019.

Building Type
House
Year Built
1994
Floor Size
136m2
Land Size
511m2
Local Government
Gold Coast City
Lot/Plan
86/RP847202

Last Listing description (July 2019)

Welcome to this rare freestanding lovely 3-bedroom, 2 living areas family home set on a generous 511m2 parcel of land, which oozes potential to truly make it your own home, you will love the convenience of the open plan living and large fully fenced backyard with plenty of room for your growing family or fur babies.
The location of this home holds one of the secrets to its popularity, close to everything a family may require and desire.
This property has great long-term tenants, on a fixed term lease until October 2019 perfect for those looking to invest or not quite ready to move in themselves and wanting to have an income in the meantime.

A rare gem, with properties tightly held in this pocket you will soon see why everyone loves living here so much, don't hesitate to see this property make an appointment today it won't last long! Call me, Chloe Davis on 0406 297 914
Enjoy the super convenience of living within minutes to Burleigh Beach, Varsity's Junior & Senior Schools, Bond University, The Varsity Train Station and Major Shopping Centres.
Features you will love:
* Master bedroom with 2 x built in wardrobes and air conditioning
* Well sized 2nd and 3rd bedroom with built in wardrobes
* Main bathroom with bath
* Open plan living/dining/kitchen area with air conditioning
* Second living room/ formal lounge
* Well-appointed kitchen with dishwasher, electric appliances
* Single lock up garage with internal access
* Private undercover outside entertaining area
* Side access potential to park a boat or trailer
* Land size 511m2 with low maintenance gardens
* Public transport in the street
* Close proximity to local shops, schools, train station, M1 and local beaches

Property History for 40 Cumberland Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$525,000
02 May 2019
Listed for Rent
$490/w
09 Mar 2017
  • 02 May 2019
    Sold for $525,000
  • 05 Feb 2019
    Listed for Sale Not Disclosed
  • 09 Mar 2017
    Listed for Rent $490 / 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 8,109 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 27 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.