10 John Duncan Court, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

10 John Duncan Court
Varsity Lakes QLD 4227

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 189m2
Land area: 184m2
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Property Details for Lot 5/10 John Duncan Ct, Varsity Lakes

Building Type
Commercial
Floor Size
189m2
Land Size
184m2
Local Government
Gold Coast City
Lot/Plan
5/SP170571

Last Listing description (March 2023)

PRD Commercial Burleigh are proud to present 5/10 John Duncan Court, Varsity Lakes to the market, offering:
184 m2 Ground floor area (50% Warehouse & 50% Offices).
90 m2 Mezz Offices. (Council Approved).

Front Office / Reception with A/C & carpet, plus an adjoining office with A/C.
Mezz office is cubicled into 4 work station areas & 2 x A/C offices.
All offices have A/C, data cabling & plenty of phone lines.
4.95 m high Auto Roller Door.
3 Phase power.
Glass Entrance doorway.
Toilet including shower.
Kitchenette.
4 car parks available.
Located just off the M1 motorway & close to Varsity train station.
This unit is vacant.
The expected rental rate from for the astute investor should be circa $51,000 P.A. Nett
This unit would suit either an investor or end user / owner occupier.

Property History for Lot 5/10 John Duncan Ct, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$847,000
20 May 2023
Listed for Rent
$7.29k/w
02 Dec 2019
  • 20 May 2023
    Sold for $847,000
  • 03 Jun 2022
    Listed for Sale $845,000 + GST
  • 02 Dec 2019
    Sold
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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 65 properties listed for sale, and 38 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 427 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.