5 Waimea Drive, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

5 Waimea Drive
Varsity Lakes QLD 4227

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 334m2
Land area: 640m2
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Property Details for 5 Waimea Dr, Varsity Lakes

5 Waimea Dr, Varsity Lakes is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 2003. The property has a land size of 640m2 and floor size of 334m2. While the property is not currently for sale or for rent, it was last sold in November 2024.

Building Type
House
Year Built
2003
Floor Size
334m2
Land Size
640m2
Local Government
Gold Coast City
Lot/Plan
32/SP149348

Last Listing description (January 2025)

Experience the charm of this grand, waterside family home. This elegant, two-story residence, inspired by European architecture, sits in a peaceful enclave of vibrant Varsity Lakes.

Boasting four spacious bedrooms (plus study or 5th bedroom) and 2.5 luxurious bathrooms, this home is an entertainer's paradise, featuring both indoor and outdoor living and dining spaces on each level with uninterrupted 180 degree views.

Nestled on a generous 640m block, this residence offers breathtaking lake views and serene greenery that surround the property, creating a private oasis for relaxation and enjoyment.

House Features Include:
Luxurious master bedroom overlooking the lake with high ceilings, beautiful bay windows, air-conditioner, and a spacious walk-in robe
Ensuite bathroom with spa tub, his and hers vanity, toilet, and shower, with floor to ceiling tiles, security screens, and block out curtains
Large bedrooms with high ceilings, ceiling fans, and built-in robes, new carpet and paint, quality window furnishings
Grand kitchen with granite bench top and stainless-steel appliances overlooking the dining area with direct lake views
Lake-fronting open plan dining space with air conditioning, security screens, blackout curtains and tall bay windows allowing for natural light to flow through the property
Spacious formal living area downstairs with security screen doors opening onto the outdoor dining and pool area, with new paint and carpet, air conditioning and ceiling fan for comfort
Good size second living space upstairs with balcony access and security screens opening onto the outdoor balcony, kitchenette and bar ideal for entertaining family and guests
Main bathroom with separate toilet, large bathtub, shower, built in vanity
Separate powder room downstairs with toilet and sink
5th Bedroom/Study with 9 foot high ceilings, a ceiling fan and security screen blinds
Undercover tiled alfresco area with glass-door pool fencing and a timber deck pool with direct lake views, low maintenance landscaped gardens to surround
Downstairs laundry with built in cabinetry and sink, with external access via security screen doors plus alarm system
Oversized lock-up garage with room for two cars with extra storage space

Vacant, move in for Christmas.

Don't miss out on the opportunity to experience everything this prime location has to offer, with Bond University, Varsity Schools, and kilometres of walking and cycling tracks all within walking distance, this property offers unparalleled convenience and lifestyle. A short drive will take you to Robina Town Centre and some of the Gold Coast's finest beaches.

Disclaimer: All information (including but not limited to the property area, floor size, price, address, and general property description) is provided as a convenience to you and has been provided to McGrath by third parties. Consequently, McGrath is unable to definitively attest to the listed information's accuracy. McGrath does not accept any liability (indirect or direct) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits arising out of or in any way connect with the use or dissemination of any information, or any error, omission, or defect present within the information as appearing on the Website. Information appearing on the Website should not be relied upon and you should attend to your own personal enquiries and seek legal advice (where required) with respect to any property on the Website. Please also note, the prices displayed on the Website are current at the time of issue but are subject to change.

Property History for 5 Waimea Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$1,750,000
28 Nov 2024
  • 28 Nov 2024
    Sold for $1,750,000
  • 12 Nov 2024
    Listed for Sale $1,750,000
  • 30 Apr 2010
    Sold for $825,000
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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 8,095 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:

  • 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 35 properties listed for sale, and 29 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 397 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.