5/18 Carina Peak Drive, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

5/18 Carina Peak Drive
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 137m2
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Last updated 6 Jul 2026
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Property Details for 5/18 Carina Peak Dr, Varsity Lakes

5/18 Carina Peak Dr, Varsity Lakes is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2008. The property has a floor size of 137m2.

Building Type
Townhouse
Year Built
2008
Floor Size
137m2
Local Government
Gold Coast City

Last Listing description (March 2022)

This architecturally designed two level duplex is located in a highly sought after area of Varsity Lakes. It features three bedrooms, large open plan lounge room, kitchen and dining room.

Features -

Master bedroom with en-suite, A/C & ceiling fans.
Two bedrooms each with built in robes and ceiling fans.
Large open plan combined living & dining space, A/C + fans.
Kitchen with Caesarstone benches, stainless steel appliances & dishwasher.
Downstairs powder room.
Covered patio area.
Separate laundry.
Quality timber staircase.
Solar Hot Water system
Small yard / pet friendly & low maintenance yard.
Side gated access.
Double auto garage.

Rental return of $650 per week is achievable.

Current tenant in lease till August.

Approx Body Corp fees $2600 per year.

This property is close to Varsity CBD, Bond University and only minutes to Robina Town Centre, Train station and the M1.

Property History for 5/18 Carina Peak Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Listed for Rent
$560/w
12 Aug 2019
  • 17 Mar 2022
    Listed for Sale Offers over $790,000
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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 8,117 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 73.20% increase in median value, while Units have seen a 102.00% increase. As at 30 June 2026:

  • The median value for Houses in Varsity Lakes is $1,408,950 while the median value for Units is $1,024,795.
  • Houses have a median rent of $950 while Units have a median rent of $825.
There are currently 66 properties listed for sale, and 28 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 417 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.