5 Bayswater Ave, 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 400m2 and floor size of 183m2. While the property is not currently for sale or for rent, it was last sold in January 2022.
Enjoy the privacy and location of this wonderful family home. With an all-seasons outdoor entertaining area at the rear as well as multiple bedrooms, bathrooms and living zones makes this the perfect option for the family.Beautifully presented with little to do and only minutes to shops, beaches, schools and all that the Gold Coast has to offer.Step inside and be surprised.Owner will look at all offers presented prior to AUCTION.Features:4 bedrooms in totalMaster bedroom with ensuite & walk-in robeKitchen with granite benches and stainless steel appliancesFamily room adjacent to kitchenPurpose set out dining areaSeparate large family/lounge room that's light and brightHigh ceilings Ducted air-conditioning throughoutTwo bathroomsDouble lock-up garage with built-in storage and rear accessWide hallwaysOutdoor entertaining 400 m² block of landCeiling fans throughoutOverall a great opportunity for young or old, families, first home buyers or investors.Rental appraisal $800+ per week.Rates approximately $1,800.00 per year.Water approximately $1,600.00 per year.
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 8,095 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:
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