7/29-31 Port Peyra Crescent, Varsity Lakes, QLD 4227 sold on 18 June 2026 | OnTheHouse
SOLD
Sold on 18 Jun 2026 for $1,285,000

7/29-31 Port Peyra Crescent
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 129m2
Land area: 89m2
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Property Details for 7/29-31 Port Peyra Cres, Varsity Lakes

7/29-31 Port Peyra Cres, Varsity Lakes is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2006. The property has a land size of 89m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 3 bedroom Townhouse sold in Varsity Lakes in the last 12 months.

Building Type
Townhouse
Year Built
2006
Floor Size
129m2
Land Size
89m2
Local Government
Gold Coast City
Lot/Plan
7/SP186763

Last Listing description (September 2026)

Positioned within the popular Azzurra Island community, this beautifully refreshed townhouse presents an exceptional opportunity to embrace a waterfront lifestyle without compromise. Boasting stunning north-eastern water views from both levels, this two-storey residence combines modern comfort with low-maintenance living in one of Varsity Lakes' most tightly held enclaves.Freshly painted throughout and featuring brand-new carpet, the home is move-in ready and designed to appeal to families, professionals, downsizers, and investors alike. The light-filled open-plan living and dining areas seamlessly connect to the covered patio and courtyard, creating the perfect setting to relax and unwind while enjoying the tranquil waterfront outlook.At the heart of the home is a refreshed kitchen complete with newly painted cabinetry, quality stainless steel appliances, ample bench top space, and excellent storage. Upstairs, the spacious master retreat enjoys picturesque water views, a private balcony, walk-in robe, and ensuite, while two additional generously sized bedrooms are serviced by a well-appointed main bathroom.Offering the relaxed lifestyle Azzurra Island is renowned for, this exceptional townhouse presents a rare opportunity to secure a residence in one of Varsity Lakes' most desirable waterfront communities.Features You'll Love:- Stunning waterfront position with tranquil views from both levels- Boutique complex of only 12 residences (predominantly owner-occupied)- Steel-frame construction and termite-resistant design- Freshly painted for new owner- Brand-new carpet throughout- Central ducted air conditioning- High ceilings enhancing space and natural light- North-eastern orientation- Spacious open-plan kitchen, living and dining areas- Refreshed kitchen with stone bench tops and quality stainless steel appliances- Private low-maintenance courtyard with well-manicured gardens- Impressive master suite with private balcony, walk-in robe and modern ensuite- Bedrooms 2 and 3 each feature built-in wardrobes- Main bathroom with shower, bathtub and single vanity- Convenient downstairs powder room- Separate laundry- Secure double garage- Additional parking nearby- Excellent storage throughout, including a substantial roof void- NBN availableLocation Highlights:- Set within the exclusive Azzurra Island Community- Lakeside paths, parks and playgrounds at your doorstep- Close to Varsity Lakes Train Station- Minutes from Robina Town Centre- Situated within the highly regarded Varsity College catchment- Short stroll to Bond University- Easy access to the M1 Motorway- Approximately 10 minutes to the Gold Coast's world-famous beachesWhether you're looking for a place to call home, a lock-and-leave lifestyle, or a quality investment in a blue-chip waterfront location, this beautifully presented residence offers the perfect combination of comfort, convenience, and long-term appeal.Offering peaceful island-style living surrounded by picturesque waterways and parklands, this is a rare opportunity to secure a waterfront townhouse in one of Varsity Lakes' most desirable precincts. Contact Geoff Cusack on 0411 417 958 today to arrange your inspection.Price Disclaimer: This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for functionality purposes only.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 enquiries to verify the information contained herein. * denotes approximate measurements.

Property History for 7/29-31 Port Peyra Cres, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$1,285,000
18 Jun 2026
  • 18 Jun 2026
    Sold for $1,285,000
  • 08 Jun 2026
    Listed for Sale SUBMIT BEST OFFER BY TUES 30TH JUNE
  • 29 May 2018
    Transferred for $250,000
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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 70.17% increase in median value, while Units have seen a 92.69% increase. As at 31 July 2026:

  • The median value for Houses in Varsity Lakes is $1,419,081 while the median value for Units is $997,662.
  • Houses have a median rent of $970 while Units have a median rent of $825.
There are currently 68 properties listed for sale, and 36 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.

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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.