51/5 Greenlands Drive, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

51/5 Greenlands Drive
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 284m2
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Property Details for 51/5 Greenlands Dr, Varsity Lakes

51/5 Greenlands Dr, Varsity Lakes is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1992. The property has a land size of 284m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
Unit
Year Built
1992
Floor Size
68m2
Land Size
284m2
Local Government
Gold Coast City
Lot/Plan
51/GTP2882

Last Listing description (March 2016)

Be impressed with this beautifully renovated duplex set in a well managed and pet friendly complex in Varsity lakes.
Spacious, open pan living spanning out on to the undercover entertainment area which overlooks parklands which are as good as yours! Modern and tasteful renovations through out with amazing outlooks makes this property a must see and one which will not last long. Situated in a rare pet friendly complex complete with pool, tennis court and BBQ area all with a Low body corp.
The property includes:

2 bedrooms
Master with walk through Ensuite/bathroom
Open plan tiled living
Modern kitchen
Beautiful undercover entertainment area over-looking parks
Low maintenance, beautifully landscaped gardens with private access to pool
Fully fenced private 285m2 block
Single lock up garage
Separate laundry
Air con
Pet friendly
Pool, tennis court, BBQ and parks in complex
Low body corp
A must see property which screams great buying and an opportunity not to be missed. Please call today to arrange a private inspection.

Property History for 51/5 Greenlands Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$451,500
27 Jan 2021
  • 27 Jan 2021
    Sold for $451,500
  • 25 Jan 2016
    Sold for $360,000
  • 04 Jan 2016
    Listed for Sale $367,000
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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 8,111 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 97.92% increase in median value, while Units have seen a 98.70% increase. As at 31 January 2026:

  • The median value for Houses in Varsity Lakes is $1,372,316 while the median value for Units is $940,587.
  • Houses have a median rent of $875 while Units have a median rent of $810.
There are currently 33 properties listed for sale, and 27 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 401 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.