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

45 Watts Drive
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 230m2
Land area: 197m2
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Property Details for 45 Watts Dr, Varsity Lakes

45 Watts Dr, Varsity Lakes is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2004. The property has a land size of 197m2 and floor size of 230m2. While the property is not currently for sale or for rent, it was last sold in July 2019.

Building Type
House
Year Built
2004
Floor Size
230m2
Land Size
197m2
Local Government
Gold Coast City
Lot/Plan
62/SP158891

Last Listing description (March 2023)

We are proud to present to you 45 Watts Dr. A New York inspired terrace home with expansive water views over tranquil Lake Orr. This is one of the most beautifully presented homes that we have had the pleasure of marketing. Absolutely nothing to do but move in and enjoy this incredible lifestyle on offer. Inspections are highly recommended.

Internal Features:

Level 3 has three bedrooms and two bathrooms all with robes.

The master bedroom features his and hers walk in robe, sky-lit high ceilings with motorised port windows, a feature glass brick wall facing north, large en-suite with spa, a covered private balcony with 180 degree views overlooking Lake Orr and views to Burleigh Heads.
Quality carpets throughout this level compliment which also includes a dedicated “work station area” with broadband, phone/fax/printer connections.

Level 2 showcases open living and dining zone with tiled floors. From this area bi-fold doors open onto a large covered terrace overlooking Lake Orr with a glass brick wall on the northern side.
The kitchen features all Miele appliances, including a gas cook top and stone bench tops.
A second separate living area at the front of the home on this level is perfect for the quiet wine and a good book.
There is also a powder room and WC. (All bathrooms including powder room feature Villeroy & Boch fittings.

Level 1 (ground floor) court yard features a secure gatehouse with direct connection to the lakeside boardwalk.
Multi-Purpose room with 5.1 surround sound audio system that sweeps out through bi-fold doors to a waterfront alfresco court yard. This also leads into the garage to accommodate 2 cars. The western end / street end of the garage features a storage room / wine cellar.
An individual bin enclosure is located toward the western end on level 1.

All rooms in the house are hard wired with Cat 5 data cabling to telephone points for internet / broadband communications link.
Council approved as SOHO (small office home office).
Polished stained timber stairs lead from level 2 to level 3.
Internal Intercom System connecting Level 2 & 3 and the front door entrance.
Fully ducted air conditioning throughout levels 2 & 3 and Reverse Cycle split system on level 1.
Large internal laundry (including clothes dryer).
Level 2 has a sky-lit high ceiling with 21ft ceilings.
All rooms in the house have Infra-red security systems capable of connection to remote security service, including panic button.

Location Location Location:

The Quay at Varsity Lakes is right in the HUB of the community with restaurants, cafe's, medical
Centre, offices, Post Office, convenience stores, small boutiques and shops.
Varsity College Primary School and Varsity College Senior School is within walking distance.
A pedestrian spine runs through the Quay and has over 20 kilometres of hike and bike trails that
wind through and around Lake Orr.
The size of Lake Orr is over 80 hectares and good fishing for Travelli. The speed limit on Lake Orr
for all sea craft is 6 knots, with NO jet skis.
North Burleigh Beach is 12 minutes or 7.6 kilometres away.
Bond University is within walking distance. The University’s Sport & Fitness Centre offers an
Olympic swimming pool, state of the art gym and tennis facilities and are available for use to the
general public.
Robina Town Centre / Robina railway station is 8 minutes or 3.7 kilometres away.
Pacific Fair Shopping Centre Broadbeach is 11 minutes or 6.4 kilometres away.
Varsity Lakes Rail Station is 7 minutes or 3.5 kilometres away.
The M1 is 4 minutes away.
Coolangatta Airport is 20/25 minutes away.

Property History for 45 Watts Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$886,000
15 Jul 2019
  • 15 Jul 2019
    Sold for $886,000
  • 17 Apr 2019
    Listed for Sale Expressions of Interest
  • 07 Dec 2018
    Listed for Sale $939,000
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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 8,105 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 85.58% increase in median value, while Units have seen a 102.91% increase. As at 31 March 2026:

  • The median value for Houses in Varsity Lakes is $1,404,419 while the median value for Units is $979,638.
  • Houses have a median rent of $950 while Units have a median rent of $800.
There are currently 41 properties listed for sale, and 24 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 422 properties were sold in the past 12 months in Varsity lakes.

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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.