1 Palma Crescent, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

1 Palma Crescent
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 169m2
Land area: 258m2
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Last updated 31 Aug 2026
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Property Details for Lot 1/1 Palma Cres, Varsity Lakes

Lot 1/1 Palma Cres, Varsity Lakes is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2010. The property has a land size of 258m2 and floor size of 169m2. While the property is not currently for sale or for rent, it was last sold in April 2010.

Building Type
Townhouse
Year Built
2010
Floor Size
169m2
Land Size
258m2
Local Government
Gold Coast City
Lot/Plan
1/SP231728

Last Listing description (August 2024)

Welcome to 1/1 Palma Crescent in the sought-after suburb of Varsity Lakes. This great townhouse offers a spacious layout with 3 bedrooms, 2 bathrooms, and a single garage space. Enjoy the outdoors on the balcony, perfect for relaxing or entertaining guests.

Located on a corner block, this first level townhouse offers plenty of natural light and a sense of privacy.

The price includes all POWER- WATER- GAS and INTERNET!

Varsity Lakes is a superb central area in which to reside. Wonderful cafes, Bond University, great schools, excellent transport services including rail and close to M1.

Don't miss the opportunity to lease this beautiful property for $750 per week including the offered utilities.

Contact us today to arrange a viewing and make this townhouse your new home.

- 2 double bedrooms plus 1 single bedroom
- Main bedroom with ensuite and small balcony
- Separate bathroom with bath
- Open plan lounge/dining
- Spacious kitchen with gas cooking
- One car garage space

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Property History for Lot 1/1 Palma Cres, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$560,000
29 Apr 2010
Listed for Rent
$750/w
26 Aug 2024
  • 19 Aug 2024
    Listed for Rent $750 / week
  • 16 Nov 2015
    Listed for Rent - Price not available
  • 26 Nov 2014
    Listed for Rent $500 / week
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About Varsity Lakes 4227

The size of Varsity Lakes is approximately 5.9 square kilometres. There are 23 parks, covering nearly 10.6% of the 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 20-29 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 8,128 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 70.17% increase in median value, while Units have seen a 92.69% increase. As at 31 July 2026:

  • The median value for Houses in Varsity Lakes is $1,419,081 while the median value for Units is $997,662.
  • Houses have a median rent of $970 while Units have a median rent of $825.
There are currently 68 properties listed for sale, and 37 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 419 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.