8 Magenta Drive, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

8 Magenta Drive
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 136m2
Land area: 400m2
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Property Details for 8 Magenta Dr, Varsity Lakes

8 Magenta Dr, 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 400m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in February 2019.

Building Type
House
Year Built
2003
Floor Size
136m2
Land Size
400m2
Local Government
Gold Coast City
Lot/Plan
96/SP141110

Last Listing description (December 2022)

Oh, what a location! This lovely property is positioned in a highly sought-after part of Varsity Lakes.

********* Rent will increase too $800 per week on the 31st March 2023********

Located in the Varsity School catchment zone and within walking distance to the schools!

Close to the Varsity Train Station, Robina Town Centre, Bond University, Parks, Beaches and easy access to M1 Freeway.

Features:
3 spacious bedrooms
Large master bedroom positioned at the front of the property with walk in robe, ensuite and fan.
Second and third bedrooms located at the other end offering privacy and space.
Gorgeous renovated kitchen that offers so much bench space and cupboards plus a built in microwave and dishwasher.
Spacious living areas with air conditioner.
Main bathroom with a spa bath, shower, vanity and a separate toilet.
Modern fans throughout.
Large linen / storage cupboard.
Fully fenced private yard, low maintenance plus a garden shed.
Loads of privacy
Note: all water usage charged to tenants

** PLEASE NOTE: If the property is currently occupied, smart phone photos or videos of the premises will NOT be allowed.
This property is being exclusively rented through Robina Realty.
Please register your Full name and contact number for the upcoming viewing by phone or email to our office.

People cannot attend any Robina Realty property for lease if they:
* are ill;
* have been diagnosed with COVID-19 and are awaiting medical clearance;
* have been in close contact with a confirmed case of COVID-19 in the past 14 days; or
* arrived in Australia from overseas, and have not self-isolated for 14 days.
People can view Robina Realty for lease properties after 14 days of isolation and without presenting any symptoms of the virus.

** IMPORTANT - whilst every care has been taken in providing information contained in this marketing, Robina Realty will not be held liable for any errors. All information is considered correct at the time of advertising.

Property History for 8 Magenta Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$515,000
21 Feb 2019
Listed for Rent
$780/w
19 Dec 2022
  • 12 Dec 2022
    Listed for Rent $780 / week
  • 16 Mar 2022
    Listed for Rent $780 / week
  • 21 Feb 2019
    Sold for $515,000
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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 8,106 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 85.58% increase in median value, while Units have seen a 102.91% increase. As at 31 March 2026:

  • The median value for Houses in Varsity Lakes is $1,404,419 while the median value for Units is $979,638.
  • Houses have a median rent of $950 while Units have a median rent of $800.
There are currently 40 properties listed for sale, and 23 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 424 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.