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

5 Palma Crescent
Varsity Lakes QLD 4227

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 350m2
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Last updated 19 Jan 2026
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Property Details for 5 Palma Cres, Varsity Lakes

5 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. While the property is not currently for sale or for rent, it was last sold in April 2019.

Building Type
House
Year Built
2005
Land Size
350m2
Local Government
Gold Coast City
Lot/Plan
277/SP158888

Last Listing description (May 2019)

Make no mistake this property must be sold!
This is a golden opportunity not to be missed. Be Quick as it won't last long.
An absolute must to inspect and you will not be disappointed on this quality property.

The perfect low maintenance investment or perfect place to call home.
Call now to make a private inspection on 0404 697 507.
With four bedrooms, multiple large living zones and only minutes to great schools, beaches and shopping centres here is the ideal family home you have been waiting for.
Perfectly presented, with high ceilings throughout this is a quality home full of natural light, size and space.
The large kitchen forms the central hub of the spacious, open plan living area, seamlessly flowing out to the outdoor, entertainment patio where you can relax in privacy.
A versatile floorplan with multiple and generously proportioned spaces all allows for harmonious family living.
Freshly painted, with new carpets and everything all done, all you have to do is just move in and enjoy.
This immaculate home provides -
Modern kitchen with an abundance of bench space
Multiple, versatile living areas
Family room flows out to alfresco entertaining area
Low maintenance gardens and lawn
Huge master bedroom with ensuite and walk-in-robe
Spacious other three bedrooms
Air conditioning and ceiling fans throughout
Immaculate Double garage
Council Rates $1,600 per year approx.
Water Rates $1,300 per year approx.
Situated in the much sought after Varsity School catchment zone and within walking distance to the school.
With an ideal location close to the Varsity train station, Robina Town Centre, Bond University, schools, parks, beaches and easy access to M1 freeway this property won't last long. CALL NOW!

Property History for 5 Palma Cres, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$620,000
03 Apr 2019
Listed for Rent
$440/w
07 Feb 2015
  • 03 Apr 2019
    Sold for $620,000
  • 26 Sep 2018
    Listed for Sale CONTRACT COLLAPSED, Must be Sold
  • 16 Apr 2015
    Sold for $482,000
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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 8,109 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 30 properties listed for sale, and 25 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 391 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.