7 Babu Street, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

7 Babu Street
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 137m2
Land area: 418m2
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Property Details for 7 Babu St, Varsity Lakes

7 Babu St, Varsity Lakes is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1999. The property has a land size of 418m2 and floor size of 137m2. While the property is not currently for sale or for rent, it was last sold in January 2025.

Building Type
House
Year Built
1999
Floor Size
137m2
Land Size
418m2
Local Government
Gold Coast City
Lot/Plan
111/SP113771

Last Listing description (February 2025)

Discover the potential of this original yet well-maintained home, nestled in a sought-after cul-de-sac location with lovely neighbors and privacy behind lush greenery. Built in 1999, this property is perfect for families seeking a spacious layout and room to make their mark.

Step inside to find a cleverly designed floorplan featuring ducted air conditioning throughout, with the master suite on one side of the home and the additional bedrooms on the other. The main bedroom boasts a walk-in robe, ensuite, and sliding door access to the outdoors.

The heart of the home is an open-plan kitchen, dining, and lounge area. The kitchen comes equipped with a brand-new dishwasher and ample cupboard space. The dining area looks out to views of the sparkling pool, while the paved courtyard and undercover space is ideal for cozy outdoor gatherings.

Situated on a private block with a charming frangipani tree in the front yard, this home offers a quiet retreat close to everything you need. Whether you're ready to spruce it up or simply move in and enjoy. My Owner reluctantly is leaving her much loved home due to a change in circumstances, this is therefore your chance to secure and create the family home of your dreams.

Boasting

Three carpeted bedrooms with built-ins and fans.
Master bedroom, ensuite, sliding door access to the outdoors.
Open-plan tiled kitchen and dining area flowing to a carpeted lounge.
Kitchen area has a brand-new dishwasher and ample cupboard space.
Main bathroom with bathtub
Separate toilet
Separate laundry with convenient outdoor access.
Inground Pool with a small grassed area, paved courtyard, and undercover space.
Automatic double garage with internal access.

Additional Features:

Ducted air conditioning, new hot water system, upgraded electricity board
Built in 1999, solid condition
NBN connection
Water $1,531 per annum
Fully fenced 418sqm block
Quiet cul-de-sac with lovely neighbors, private behind lush greenery, and a large frangipani tree in the front yard
Rental appraisal $850 to $900pw

Disclaimer: In the preparation of this information, we have used our best endeavors to ensure that the information contained herein is true and accurate, and 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 any information contained herein

Property History for 7 Babu St, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$1,125,000
17 Jan 2025
  • 17 Jan 2025
    Sold for $1,125,000
  • 13 Jan 2025
    Listed for Sale GENUINE SALE, MUST BE SOLD!
  • 24 Feb 2006
    Sold for $380,000
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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 8,094 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 34 properties listed for sale, and 28 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 397 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.