42 Tracey Cres, Varsity Lakes is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2000. The property has a land size of 535m2 and floor size of 175m2. While the property is not currently for sale or for rent, it was last sold in March 2024.
Experience relaxed waterfront living in this private family retreat, perfectly positioned at the end of a quiet cul-de-sac with only one neighbouring property. Offering breathtaking water views, multiple living spaces, and exceptional parking options, this home delivers the ideal blend of lifestyle, convenience, and functionality.
Whether you're working from home, entertaining family and friends, or enjoying kayaking, fishing, and boating from your own backyard, this unique waterfront residence offers a rare opportunity to secure a premium lifestyle in one of the Gold Coast's most sought-after locations.
Property Features:
Four generous bedrooms, including a master suite with renovated walk-in robe and ensuite
Two bathrooms plus downstairs powder room
Multiple light-filled living and entertaining areas with tranquil water views
Air conditioning and ceiling fans throughout
Double automatic lock-up garage
20 solar panels to help reduce energy costs
Fully fenced 535m block, ideal for children and pets
Approximately 17 metres of water frontage
Side access and extensive off-street parking for boats, caravans, trailers, jet skis, campervans, and multiple vehicles
Room for a pool or future enhancements
Prime Location:
Enjoy the highly sought-after Varsity Lakes lifestyle with picturesque walking and cycling paths, lakeside parklands, and everyday conveniences just moments away. Located within the Varsity College catchment and close to local shops, public transport, and major retail destinations.
A rare opportunity to secure a spacious waterfront home offering privacy, flexibility, and an enviable family lifestyle. Inspection is a must.
The size of Varsity Lakes is approximately 5.9 square kilometres. There are 23 parks, covering nearly 10.6% of the 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 20-29 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 8,107 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 77.66% increase in median value, while Units have seen a 101.59% increase. As at 31 May 2026:
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