5/1 Lakefront CrescentVarsity Lakes QLD 4227
Property Details for 5/1 Lakefront Cres, Varsity Lakes
5/1 Lakefront Cres, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2010. The property has a land size of 175m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
Last Listing description (September 2022)
Wow! With its spacious layout and airy feel, this fantastic apartment is something not to miss. Upon entry, you are greeted by the light, bright and breezy feel the property has to offer. Featuring 2 great-sized bedrooms, 2 bathrooms and 2 secure parking spaces and a large outdoor patio area overlooking lake Orr, the property is very much suited to entertainers, investors, downsizers and buyers after the easy lifestyle.
Entertainers will love the fantastic and large central kitchen which flows through the living space out onto the back patio keeping the chef connected to guests. You will enjoy your morning coffee, an afternoon drink or weekend BBQ overlooking the wonderful Lake Orr.
Property Features;
2 Bedrooms Spacious bedrooms
Master bedroom with walk-in robe and ensuite
2 Bathrooms
Large open plan living and dining areas
Large & central kitchen
• Air-conditioning throughout
Entertainers deck overlooking Lake Orr
MUCH MORE!
Parklake Features;
39 Units in the complex
Pet Friendly
Large resort-style saltwater pool
BBQ Area
Body Corporate Approx. $102 per week
The location of this property only adds to its value. You are just 500 metres from Varsity College, and 700 Metres to Varsity Parade which is home to fantastic restaurants, bars and breweries, you are on the doorstep of Lake Orr with kilometres of walking tracks, 4 minutes drive to Bond University, 12 minutes drive to Burleigh beach, and 8 minutes drive to the highway.
DISCLAIMER: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability with respect to any errors, omissions, inaccuracies or misstatements contained. Prospective buyers should make their own enquiries to verify the information contained in this advertisement. Photos may not portray accurate current information and as such we encourage viewing before making an offer.
Property History for 5/1 Lakefront Cres, Varsity Lakes, QLD 4227
- 25 Aug 2022Sold for $670,000
- 30 May 2022Listed for Sale Contact Agent
- 13 Sep 2021Listed for Rent - Price not available
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About Varsity Lakes 4227
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 8,105 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:
- The median value for Houses in Varsity Lakes is $1,406,103 while the median value for Units is $1,018,407.
- Houses have a median rent of $950 while Units have a median rent of $810.
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