40 Majorca Crescent, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

40 Majorca Crescent
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: -
Car spaces: 2
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Property Details for 40 Majorca Cres, Varsity Lakes

Building Type
Land
Year Built
2002
Local Government
Gold Coast City
Lot/Plan
131/SP149367

Last Listing description (June 2024)

BUILD YOUR DREAM HOME

Building the ultimate home in Varsity Lakes can become a reality on a rare and generous 721m allotment with all major amenitites at your door step, beautiful lakeside walking track, on foot you will arrive at Varsity College Primary school, just a 5 minute drive to Bond university and caf Precinct, Robina Town Centre, Nearby Train Station, and only minutes away from Beautiful Burleigh Beach.

Great lifestyle location
Cul de sac location

20 metre frontage ,35 metre Depth
721m allotment

Location features:
Neighbouring the park "Varsity Foreshore Parklands"
Beautiful lakeside walking track starting at the edge of the complex and enables pedestrians to walk over the lake to Varsity island
On foot you will arrive at Varsity College Primary or Secondary within 10 minutes

Disclaimer:
We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracy or misstatements that may occur. Prospective purchases should make their own enquiries to verify the information contained herein.

Property History for 40 Majorca Cres, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$865,000
23 Mar 2022
  • 22 Mar 2024
    Listed for Sale Auction
  • 23 Mar 2022
    Sold for $865,000
  • 23 Mar 2022
    Sold for $865,000
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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 8,104 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 89.77% increase in median value, while Units have seen a 102.81% increase. As at 28 February 2026:

  • The median value for Houses in Varsity Lakes is $1,376,945 while the median value for Units is $958,531.
  • Houses have a median rent of $880 while Units have a median rent of $800.
There are currently 40 properties listed for sale, and 25 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 427 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.