50/35A Grevillea Drive, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

50/35A Grevillea Drive
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 273m2
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Property Details for 50/35a Grevillea Dr, Varsity Lakes

50/35a Grevillea Dr, Varsity Lakes is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1988. The property has a land size of 273m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in December 2016.

Building Type
Unit
Year Built
1988
Floor Size
90m2
Land Size
273m2
Local Government
Gold Coast City
Lot/Plan
50/GTP1943

Last Listing description (March 2017)

Circumstances force immediate sale of this property. Owner is 100% committed to sell.
This private single level pet friendly residence is situated in Varsity Lakes, only 5 minutes from the beautiful golden sandy beaches of Burleigh Heads. Featuring two large bedrooms with built in robes, huge lounge and formal dining, with a large back north facing undercover entertaining area.
Property is in need of some TLC.

Features Include:
* Two bedrooms, one bathroom
* Ceiling fans throughout
* Close to schools, public transport,shops
* Single garage with additional parking
* Large living area with separate formal dining
* Great investment, returns of $360- $380 per week.
* Close to parks
* Quiet cul de sac location
* Low maintenance
* Very cheap body corp - only $22/week
Make no mistake, this property will be sold

Property History for 50/35a Grevillea Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$285,000
14 Dec 2016
Listed for Rent
$340/w
29 May 2014
  • 14 Dec 2016
    Sold for $285,000
  • 30 Nov 2016
    Listed for Sale Offers Over $295,000
  • 01 May 2014
    Listed 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 8,107 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.
There are currently 60 properties listed for sale, and 25 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 422 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.