7 Elizabeth Crescent, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

7 Elizabeth Crescent
Varsity Lakes QLD 4227

Bedrooms: 5
Bathrooms: 4
Car spaces: 2
Floor area: 301m2
Land area: 363m2
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Property Details for 7 Elizabeth Cres, Varsity Lakes

7 Elizabeth Cres, Varsity Lakes is a 5 bedroom, 4 bathroom House with 2 parking spaces and was built in 2013. The property has a land size of 363m2 and floor size of 301m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
House
Year Built
2013
Floor Size
301m2
Land Size
363m2
Local Government
Gold Coast City
Lot/Plan
404/SP214425

Last Listing description (February 2024)

FACEBOOK LIVE VIDEO WALK THROUGH 10 MINUTES BEFORE OPEN HOME: @mitchharroprealestate

Here is a fantastic opportunity to secure arguably one of the best homes in Varsity Lakes offering a dream North facing position and picturesque wide water views across Lake Orr.

This grand 370m2 home offers 5 bedrooms, 4 bathrooms, multiple living areas, pristine lap pool and a rare dual living opportunity boasting a fully self-contained one bedroom apartment with separate entrance. With this impressive home, enjoy space for the entire family plus a year round rental income or granny flat for your immediate family to love and enjoy this beautiful location with you.

Offering lifestyle, low maintenance and modern convenience, simply enjoy no grass to mow, picturesque sunsets and everything at your doorstep from kilometers of Lake board walks, coffee shops, Aldi, Varsity College and much much more.

Boasting home features include:

- Picture perfect views across Lake Orr
- Modern 2013 build with zero renovations needed
- First time to the market with only one owner since new
- North facing position for year round sun and natural light
- Pristine lap pool for you and the family to love and enjoy
- Master bedroom with picturesque water views
- High ceilings and a spacious open floor plan that flows beautifully
- Waterfront courtyard and undercover entertaining area
- Bedrooms so large they enjoy room for a study and lounge
- 3 living areas with kitchenette/bar and balcony upstairs
- Ducted zoned air-conditioning both upstairs and downstairs
- Quality appliances and stone benchtops throughout kitchen and bathrooms
- Open plan kitchen with gas cooking and a large walk in pantry
- Double garage plus additional off street parking
- Quiet street surrounded by prestigious homes
- Fresh updates, vacant and ready to move in
- Downstairs powder room and laundry
- Fibre optic communications for TV, Phone, Data
- Security screens, fans and down lights throughout
- House on its own title with own building insurance
- Built by the current owners focusing on size, space and usability
- Part of a community scheme for street maintenance only: $14 per week

Self contained apartment features:

- Spacious living room with kitchenette and balcony
- Huge bedroom with ensuite
- Own laundry and separate entrance
- Fully separate to the house
- Rental income opportunity

Boasting location feature include:

- Minutes' walk to Varsity College, childcare centre, Aldi Supermarket, Cafe, local gym and transport
- Short bike ride or drive to Bond University, Varsity Train Station and Robina Town Centre
- Short drive to the world renowned golden sands of Burleigh Heads, Miami and Mermaid Beach

This home is an absolute must see and an opportunity that does not come by often. Situated in one of the best waterfront positions in Varsity Lakes, we are certain you will be impressed as we are.

Contact your local agent Mitch Harrop for more information today!

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 website 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 Elizabeth Cres, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$1,560,000
14 Feb 2022
Listed for Rent
$860/w
12 Aug 2020
  • 14 Feb 2022
    Sold for $1,560,000
  • 10 Feb 2022
    Listed for Sale Sold
  • 29 Jul 2020
    Listed for Rent $860 / week
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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 8,104 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 85.34% increase in median value, while Units have seen a 105.15% increase. As at 30 April 2026:

  • The median value for Houses in Varsity Lakes is $1,413,430 while the median value for Units is $1,010,799.
  • Houses have a median rent of $950 while Units have a median rent of $800.
There are currently 45 properties listed for sale, and 21 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 420 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.