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

48 Palma Crescent
Varsity Lakes QLD 4227

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 117m2
Land area: 350m2
Improve this data
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 5 Jan 2026
Low
High
Share
Save

Property Details for 48 Palma Cres, Varsity Lakes

48 Palma Cres, Varsity Lakes is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2005. The property has a land size of 350m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Year Built
2005
Floor Size
117m2
Land Size
350m2
Local Government
Gold Coast City
Lot/Plan
477/SP176218

Last Listing description (July 2025)

Welcome to 48 Palma Crescent, a stunning residence tucked away in a serene cul-de-sac location within the sought-after community of Varsity Lakes. This exceptional family home offers the perfect blend of style, comfort, and tranquility, providing an idyllic retreat from the hustle and bustle of everyday life.

Key Features:
Expansive and meticulously designed layout with high ceilings throughout

Master bedroom retreat with a walk-in robe and ensuite
3 additional generously sized bedrooms for family and guests
2 modern bathrooms with sleek fixtures
Light-filled open plan living and dining area with soaring ceilings
Well-appointed gourmet kitchen with ample storage
Private backyard oasis, ideal for entertaining or relaxation
Double garage for secure parking and storage
Low maintenance landscaped gardens

Prime Location:
Situated in the peaceful cul-de-sac of Varsity Lakes, this home offers a truly tranquil lifestyle. Enjoy the serenity of the quiet location while still being conveniently close to renowned schools, shopping centers, parks, cafes, and restaurants. Embrace the perfect balance of privacy and accessibility that this location provides..

Contact Us Now!
Don't miss out on the opportunity to own this exceptional property tucked away in a quiet cul-de-sac location. Whether you seek a peaceful sanctuary to call home or desire a serene environment for your family, 48 Palma Crescent is the perfect choice.

Property Details:
Address: 48 Palma Crescent, Varsity Lakes
Price: $880k We are selling!!
Bedrooms: 4
Bathrooms: 2
Car Spaces: 2

Discover the tranquility and privacy of this quiet cul-de-sac location. Make 48 Palma Crescent your peaceful haven today! See you at our next open house this Saturday!

Show More

Property History for 48 Palma Cres, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$855,000
19 Jul 2023
Listed for Rent
$550/w
25 Aug 2017
  • 19 Jul 2023
    Sold for $855,000
  • 12 Jun 2023
    Listed for Sale $868,000
  • 10 Aug 2019
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 8,093 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 27 properties listed for sale, and 26 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 406 properties were sold in the past 12 months in Varsity lakes.

Varsity Lakes Profile Page

Suburb Insights for Varsity Lakes 4227

Visit Varsity Lakes profile page
Market Insights
Varsity Lakes Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Varsity Lakes Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Varsity Lakes profile page
Cotality Copyright and Legal Disclaimers about Property Data

© 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.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED