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

40 Watts Drive
Varsity Lakes QLD 4227

Bedrooms: 5
Bathrooms: 3
Car spaces: 1
Floor area: 275m2
Land area: 253m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 22 Dec 2025
Low

High
Save

Property Details for 40 Watts Dr, Varsity Lakes

40 Watts Dr, Varsity Lakes is a 5 bedroom, 3 bathroom House with 1 parking spaces and was built in 2007. The property has a land size of 253m2 and floor size of 275m2. While the property is not currently for sale or for rent, it was last sold in January 2015.

Building Type
House
Year Built
2007
Floor Size
275m2
Land Size
253m2
Local Government
Gold Coast City
Lot/Plan
46/SP158897

Last Listing description (April 2015)

Located close to the Market Square in the heart of Varsity Lakes this functional small office and home office (SOHO) property offers the perfect mix of lifestyle and work.
Your privacy is assured with separate access provided to the home and to the office, making them exclusively mutual.
Air Conditioned throughout, the property formally features:

* Open Plan 60m2 office allowing for up to 10 people with separate kitchenette and toilet facilities.
* Separate meeting room plus mezzanine within offer floor plan with plenty of parking space available.
* Integrated alarm system, Ethernet cabled and Bose smart wiring throughout.
* Stylish and spacious 2 bedroom ensuite residence attached, enhanced by polished concrete floors, designer gallery style kitchen and indoor/ outdoor living areas.
Appointments to inspect should be organised at your earliest convenience by contacting the owners Exclusive Selling Agents with conjunctional agent enquiry also welcome!

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

A timeline of how this property has performed in the market
Last Sold
$586,500
31 Jan 2015
Listed for Rent
$670/w
15 Aug 2012
  • 31 Jan 2015
    Sold for $586,500
  • 10 Nov 2014
    Listed for Sale $619,000
  • 21 Jun 2012
    Listed for Rent $670 / week
Sign in to see more transactions
Commute Calculator

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 8,092 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 97.94% increase in median value, while Units have seen a 103.23% increase. As at 30 November 2025:

  • The median value for Houses in Varsity Lakes is $1,324,459 while the median value for Units is $922,789.
  • Houses have a median rent of $870 while Units have a median rent of $800.
There are currently 24 properties listed for sale, and 25 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 402 properties were sold in the past 12 months in Varsity lakes.

Suburb Insights for Varsity Lakes 4227

Market Insights
Varsity Lakes Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Varsity Lakes Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.