50 Southlake Drive, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

50 Southlake Drive
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 119m2
Land area: 433m2
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Property Details for 50 Southlake Dr, Varsity Lakes

50 Southlake Dr, Varsity Lakes is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1993. The property has a land size of 433m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
House
Year Built
1993
Floor Size
119m2
Land Size
433m2
Local Government
Gold Coast City
Lot/Plan
150/RP847205

Last Listing description (September 2022)

Fantastic location and packed with potential for first home buyers, investors, or down sizers. The original owners are releasing this 3-bedroom free standing house to the market for the first time since 1993.

Positioned on a flat 433m2 block perfect for the kids and pets to play, with side access for trailer or jet ski. Walking distance to schools, shops and recreational parks and transport. With an ideal layout to either live in or invest. This value packed property ticks all the boxes and deserves to be on you must see list.

Property Highlights

* 3 bedrooms with built in robes
* 1 bathroom, Sep W/C
* Internal Laundry
* Open plan living, dining areas with tiled flooring
* Light filled kitchen with ample cupboards and drawer space, wall oven and ceramic cooktop
* Ceiling fans through-out
* Split system air-conditioning to main living area
* Security Screens and doors
* Covered alfresco area that overlooks the established gardens and manicured lawns
* Single lock-up garage with internal access an additional off-road car spaces
* Garden Shed
* Solar panels
* Fully fenced with side access for trailer, jet ski etc.
* 2022 Smoke Alarm Compliance Certificate

House Size: 170m2
Land Size: 433m2
Built: 1993

Rental Appraisal: $660-$700 per week

You will love the location, being just a short drive to Burleigh Beach, the delicious cafes, bars, shops and restaurants of Burleigh & Miami. A 6.5km drive to Bond University, 7mins to Caningeraba State School and 5 mins to Christine Corner shops. The location ensures you'll have everything you need at your fingertips. Local sporting fields, larger shops such as Stockland's Burleigh are just minute's from your doorstep.

I invite you to attend any of the scheduled inspections and look forward to welcoming you through 50 Southlake Drive, Varsity Lakes. Please call Belinda Walker 0433 284 804 for more details.

Property History for 50 Southlake Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$840,000
16 Aug 2022
  • 16 Aug 2022
    Sold for $840,000
  • 20 Jul 2022
    Listed for Sale UNDER CONTRACT
  • 16 Jul 1993
    Sold for $137,900
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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 8,127 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 59.67% increase in median value, while Units have seen a 80.98% increase. As at 31 August 2026:

  • The median value for Houses in Varsity Lakes is $1,393,843 while the median value for Units is $969,991.
  • Houses have a median rent of $960 while Units have a median rent of $830.
There are currently 68 properties listed for sale, and 35 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 403 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.