69/5 Greenlands Drive, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

69/5 Greenlands Drive
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 85m2
Land area: 431m2
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Property Details for 69/5 Greenlands Dr, Varsity Lakes

69/5 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 431m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in September 2024.

Building Type
Unit
Year Built
1992
Floor Size
85m2
Land Size
431m2
Local Government
Gold Coast City
Lot/Plan
69/GTP2944

Last Listing description (October 2024)

Approximately 10 minutes away from the vibrant Burleigh precinct and stunning beaches, this charming 2-bedroom villa offers the perfect combination of convenience and lifestyle. Located at 69/5 Greenlands Drive, Varsity Lakes, QLD, this property is ready to welcome its new owners.

Step into a neat and tidy villa, boasting a single level layout and original condition. With easy access to Frascott Park, you can enjoy leisurely strolls and picnics in the beautiful outdoors. Plus, the complex offers fantastic amenities including a pool and tennis court, perfect for staying active and socializing with friends and family.

Featuring 2 bedrooms, 1 bathroom, and a secure garage, this villa offers comfortable living spaces for individuals or small families. The original condition allows you to add your own personal touch and create a home that suits your style. The villa also comes with built-in robes, ensuring ample storage space, and a private courtyard, perfect for relaxing or hosting outdoor gatherings.

Currently Tenanted $500.00 per week. Lease Expires until the end of September 2024.
Minimum 24 hours notices required for inspections.

Don't miss out on this fantastic opportunity to secure a lifestyle property in Varsity Lakes. Contact us today to arrange a viewing and make this villa your new home.

Features at a glance:
- Light, bright and airy open plan living
- 2 bedrooms with built-in wardrobes, ceiling fans
- Main separate bathroom with shower and separate bath
- Second separate toilet
- Functional kitchen with plenty of storage space
- Separate laundry and toilet
- High ceilings
- Alfresco outdoor entertainment area overlooking your garden
- Peaceful and private
- Pet friendly subject to body corporate approval
- Sizable partially fenced yard with established banana trees and low maintenance garden
- Side access for small caravan or extra vehicle
- Single Lockup garage
- On-site manager
- Superbly maintained garden areas and surrounds within the resort estate
- 84 units/townhouses in Currawong heights estate
- Lifestyle amenities for residence including swimming pool, tennis court and BBQ facilities

- Easy access into Frascott Parklands on your doorstep to playground, gym equipment, dog friendly areas, walking/bike pathways and green open spaces.

- Convenient proximity to the Varsity Lakes precinct with a variety of cafes, bars, restaurants, business and various medical centres, Bond University, a primary school, Lake Orr parklands, walking and bike trails and much more to enjoy...

Outgoings:
Body Corporate approx. $70.00 pw
Estimated current rent market value between $550.00 - $650.00 per week

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own inquiries to verify the information contained herein. * denotes approximate measurements

Property History for 69/5 Greenlands Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$672,000
17 Sep 2024
Listed for Rent
$310/w
18 May 2012
  • 17 Sep 2024
    Sold for $672,000
  • 09 Sep 2024
    Listed for Sale Asking $649,000
  • 15 May 2012
    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 8,117 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 73.20% increase in median value, while Units have seen a 102.00% increase. As at 30 June 2026:

  • The median value for Houses in Varsity Lakes is $1,408,950 while the median value for Units is $1,024,795.
  • Houses have a median rent of $950 while Units have a median rent of $825.
There are currently 66 properties listed for sale, and 28 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 417 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.