42 Palma Crescent, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

42 Palma Crescent
Varsity Lakes QLD 4227

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Floor area: 146m2
Land area: 350m2
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Property Details for 42 Palma Cres, Varsity Lakes

42 Palma Cres, Varsity Lakes is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 2005. The property has a land size of 350m2 and floor size of 146m2. While the property is not currently for sale or for rent, it was last sold in March 2020.

Building Type
House
Year Built
2005
Floor Size
146m2
Land Size
350m2
Local Government
Gold Coast City
Lot/Plan
480/SP176218

Last Listing description (June 2023)

UNDER OFFER

This house features light-filled living spaces surrounded by lovely low maintenance gardens. The open plan kitchen/family room flows to the outdoor undercover terrace creating the perfect family and friends entertainer. It is just the perfect place to live or invest!
Property Highlights:
- Open plan living giving great sense of space
- Well maintained and fully fenced back yard. Ideal for a pet.
- 4 bedrooms
- 2 Bathrooms
- Master bedroom features its own ensuite plus walk in wardrobe
- Built in wardrobes in each bedroom
- Separate bathroom and toilet
- Split air conditioning system
- Separate laundry
- Undercover timber deck ideal for outdoor entertainment
- Double lock up garage plus additional parking on driveway
- Security screens
For inspections outside scheduled times please contact agent.
- Ceiling fans
Neighborhood Facilities:
- Walking distance to Varsity Lakes Train Station
- 2 minute drive to M1 Motorway
- 6 minute drive to Bond University
- 3 minute drive to Kings Christian College
- 8 minute drive to Somerset College
- 1 minute walking distance to Palma Crescent Park
- 4 minute drive to Varsity College Primary
- 6 minute drive to Varsity College Secondary
- 4 minutes drive to Aldi Supermarket
- 6 minute drive to Robina Town Centre
Inspections by appointment. Please contact agent to organise a time.
Disclaimer: The above information is general information only and provided as a convenience to you. Prospective purchasers should confirm the accuracy of the above information and seek independent legal advice in respect of the information and property before entering into a contract. No warranty is made as to the accuracy or reliability of the above information. We accept no responsibility and disclaim all liability (direct or indirect) in respect of any errors, omissions, inaccuracies or misstatements that may occur.

(3901698)

Property History for 42 Palma Cres, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$530,000
12 Mar 2020
  • 12 Mar 2020
    Sold for $530,000
  • 24 Jun 2019
    Listed for Sale $570,000
  • 07 Nov 2007
    Sold for $410,000
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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, 392 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.