42/29-49 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

42/29-49 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 169m2
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Property Details for 42/29-49 Varsity Pde, Varsity Lakes

42/29-49 Varsity Pde, Varsity Lakes is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2013. The property has a land size of 169m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
Townhouse
Year Built
2013
Land Size
169m2
Local Government
Gold Coast City
Lot/Plan
42/SP246292

Last Listing description (February 2026)

This stunning optionally furnished or unfurnished townhouse on Lake Orr boasts 3 spacious bedrooms and 3 modern bathrooms, making it the perfect space for families or roommates. Located in the heart of a desirable Varsity Lakes neighbourhood, this house offers both comfort and convenience. Situated on the north side of Lake Orr with unrestricted water views, you must see it in person to believe it.

This layout is unique within Edgewater Residences middle townhouse units, with the main bedroom being extra spacious and located on the south side of the building with Lake views.

As you step inside, you will be greeted by a warm and inviting atmosphere, with plenty of natural light flooding in through the floor to ceiling balcony windows. The open layout of the living and dining areas creates a seamless flow, perfect for entertaining guests or simply relaxing with loved ones.

In addition to the already impressive features, this home also comes air conditioned in living room and master bedroom, providing a comfortable and cool oasis during those hot summer months. The bedrooms are all generously sized with ample closet space, ensuring that everyone has their own personal retreat.

The complex has direct access to the walking track around Lake Orr, just a short walk to Aldi shopping centre across the lake, or Market Square and Bond University.
Places of interest within walking distance:
- Bus stops 1 min
- Varsity Primary school 5 mins
- Aldi Shopping center 5 mins
- Coles 5 mins
- Varsity College 10 mins
- Market Square 10 mins
- Bond University 10 to 15 mins

Place of interest within short drive
- Robina Town Center 5 mins
- Bunnings 5 mins
- Burleigh Heads 15 mins
- Broadbeach 20 mins

The property is currently furnished however the owner is willing to remove furniture if prospective tenants require.

See list of optional furniture below:
Wooden buffet table
Queen size wooden bed
Quee size mattress
Wooden bedside table
Washing machine
Dryer
Westinghouse Microwave
Wooden coffee table
Wooden side table with metal frame
Wooden TV cabinet
50 inch Sony LED TV with remote
Wooden 4 seater table
Wooden outdoor chairs
Wooden wardrobe with mirror
Queen size wooden bed
Queen size mattress
Wooden desk
Wooden L shape desk
Wooden side table
Wooden side table
Queen size wooden bed
Queen size mattress

Tenants to pay for water usage, electricity and internet if required. Internet is on a private fibre network, Opticom.

When arriving for an open home inspection at Edgewater Residences, please dial 99 bell at the intercom and meet at the onsite office next to pool. There is ample visitor parking inside the complex.

Property History for 42/29-49 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$815,000
03 Jan 2023
  • 30 Jan 2026
    Listed for Rent $930 / week
  • 03 Jan 2023
    Sold for $815,000
  • 21 Oct 2022
    Listed for Sale Expressions of interest
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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 8,111 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 97.92% increase in median value, while Units have seen a 98.70% increase. As at 31 January 2026:

  • The median value for Houses in Varsity Lakes is $1,372,316 while the median value for Units is $940,587.
  • Houses have a median rent of $875 while Units have a median rent of $810.
There are currently 33 properties listed for sale, and 28 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 404 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.