7 Cumberland Drive, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

7 Cumberland Drive
Varsity Lakes QLD 4227

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 192m2
Land area: 837m2
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Property Details for 7 Cumberland Dr, Varsity Lakes

7 Cumberland Dr, Varsity Lakes is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1993. The property has a land size of 837m2 and floor size of 192m2. While the property is not currently for sale or for rent, it was last sold in April 2019.

Building Type
House
Year Built
1993
Floor Size
192m2
Land Size
837m2
Local Government
Gold Coast City
Lot/Plan
7/RP850138

Last Listing description (July 2019)

This 4 bedroom family home is north facing on wide water, with a sparkling inground pool.
The open plan kitchen, dining and family room, all offer views over the water and open to the huge undercover verandah and pool deck. The home offers multiple living areas, spacious bedrooms and is ready to move into now! Situated close to shops, schools and some of our most popular beaches and restaurants. Do not delay on inspecting this water front property.

Features

* Stunning Wide water access and views
* 4 bedroom family home
* 2 bathrooms
* Multiple living rooms
* Spacious kitchen with water views
* Vaulted ceilings in the family room
* Huge outdoor under cover verandah
* Inground pool; monthly pool service included
* Picture windows, sunny and light filled rooms
* Room for extra boats, caravans and vehicles
* Double lock up garage and more!
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Property History for 7 Cumberland Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$765,000
18 Apr 2019
Listed for Rent
$700/w
22 Jul 2019
  • 24 Jun 2019
    Listed for Rent - Price not available
  • 18 Apr 2019
    Sold for $765,000
  • 08 Apr 2019
    Listed for Sale Not Disclosed
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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 8,109 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 27 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.