7/31 North Shore Avenue, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

7/31 North Shore Avenue
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 146m2
Land area: 138m2
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Property Details for 7/31 North Shore Ave, Varsity Lakes

7/31 North Shore Ave, Varsity Lakes is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2003. The property has a land size of 138m2 and floor size of 146m2. While the property is not currently for sale or for rent, it was last sold in September 2019.

Building Type
House
Year Built
2003
Floor Size
146m2
Land Size
138m2
Local Government
Gold Coast City
Lot/Plan
7/SP152038

Last Listing description (September 2019)

I am really excited to present this sleek and elegant townhouse which is so central and affordable
Starting downstairs, the kitchen opens to the light living and dining area, which serves as the perfect point to wind down, sip a warm glass and re-connect.
The three bedrooms upstairs are sheltered, with very little noise seeping through from downstairs if you are entertaining. The master is large, with a spacious ensuite and private north facing balcony, which overlooks North Shore Park. The two other bedrooms could serve for kids, tenants or guests and are right next to the main bathroom which has a shower, toilet, bath and huge vanity.


Depending on your taste, you might want to add a touch of paint and some minor cosmetic attention.
The position here is brilliant, with Varsity a short walk down the road, with buses always available to take you to the beach or town centre and with only a short jog away to Lake Orr, you can watch the sun set or rise everyday over water.
This home is perfectly suited to the buyer that loves their space, loves the action and has a passion...for life.

HIGHLIGHTS:
• Solid Rendered Brick, newly painted Double Storey Townhouse
• 3 Bedrooms/2.5 Bathrooms
• Air conditioning
• Open kitchen with modern appliances
* East facing outdoor entertaining area
• 1 large living and dining with private, yet open courtyard
• Low body corp
• Double garage with huge storage capacity at the back and laundry
• 2 walk in wardrobes (1 in master and 1 in 2nd bedroom)
• Very close to Downtown Varsity, Bond University, Robina Town Centre Shopping Centre, Burleigh Beach, Private and public schools, as well as the M1 motorway and beaches
BEDROOMS: - Huge master with very generous ensuite, private balcony overlooking North Shore park and walk in wardrobe. Bedroom 2 has a walk in wardrobe with very close access to main bathroom. Bedroom 3 has a built in wardrobe and fan. All bedrooms have different aspects, none of which are westerly facing.
BATHROOMS: - 2 Bathrooms. Ensuite with shower, double vanity and toilet. Main bathroom with shower, bath, vanity and toilet.
OUTDOORS: - Quaint outside entertaining area with close access to kitchen and living, overlooking the park - east facing.
KITCHEN: - Open and light kitchen, with plenty of storage and modern appliances. The perfect position to entertain.
LIVING: - Large living and dining area that serves as the centrepiece of the home.
POTENTIAL INCOME:
Rental potential: $510 - $555 per week (approx.)
Airbnb/Stayz: $140 - $300 per night (entire home)
OUTGOINGS:
Council - $435 per quarter (approx)
Water - $368 per quarter (approx)
SCHOOLS/UNIVERSITIES CLOSEBY:
Bond University
Varsity College Primary and Senior Schools
Somerset College
Kings Christian College
Hillcrest Christian College
DISTANCES:
Bus Stop - 250 m
Local Shopping Centre - 900 m
Major Shopping Centre - 2.8 km
Primary School - 2.6 km
High School - 950 m
Parkland - 30 m
Highway - 2.9 km
Train Station - 2.6 km
Beach - 7 km
Hospital - 4.6 km

Property History for 7/31 North Shore Ave, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$512,000
22 Sep 2019
Listed for Rent
$450/w
11 Nov 2017
  • 22 Sep 2019
    Sold for $512,000
  • 05 Sep 2019
    Listed for Sale Not Disclosed
  • 10 Nov 2017
    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. 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 8,110 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 98.15% increase in median value, while Units have seen a 98.82% increase. As at 31 December 2025:

  • The median value for Houses in Varsity Lakes is $1,353,363 while the median value for Units is $910,743.
  • Houses have a median rent of $870 while Units have a median rent of $800.
There are currently 30 properties listed for sale, and 26 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 391 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.