42 Cumberland Drive, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
 
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42 Cumberland Drive
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 109m2
Land area: 511m2
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Last updated 26 Jan 2026
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Property Details for 42 Cumberland Dr, Varsity Lakes

42 Cumberland Dr, Varsity Lakes is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1993. The property has a land size of 511m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in July 2020.

Building Type
House
Year Built
1993
Floor Size
109m2
Land Size
511m2
Local Government
Gold Coast City
Lot/Plan
87/RP847202

Last Listing description (September 2020)

First home buyers or investors eat your heart out. This three bedroom plus ensuite north facing, bright and airy, home set on a large 511m2 block has loads to offer.
Some new carpet she is good to go. Or do the reno down the track; the choice is yours!!

It would be hard to find a home like this, at this price, in this location with an ensuite, let alone a yard with enough room for a pool and side access for a caravan and boat.

Featuring
Master bedroom with ensuite and walk-in-robe.
Bedrooms 2 & 3 with built-ins and fans.
Main bathroom with shower and tub.
Separate toilet.
Separate dining and living area.
Open plan kitchen and family flowing directly to the outdoor covered entertaining area and fenced yard.
Separate internal laundry.
Large front, side and rear yard.
Large shed.
Side access
Room for a double carport.
Single auto lock-up garage.
This home has heaps of potential with endless possibilities; it is a blank canvas!
Public transport at the end of the street, walk to Varsity College, Frascott Park and Christine Corner shops with Robina Town Centre, Bond Uni up the road and Burleigh Beach down the road. This will sell within the week!! Please call for a private viewing.

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Property History for 42 Cumberland Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$565,000
25 Jul 2020
  • 25 Jul 2020
    Sold for $565,000
  • 24 Jul 2020
    Listed for Sale $565,000
  • 03 Oct 1997
    Sold for $145,000
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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 8,109 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, 398 properties were sold in the past 12 months in Varsity lakes.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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