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Investment Property Varsity Lakes, QLD, 4227

Suburb Snapshot

Varsity Lakes is a suburb in the Gold Coast Region of Queensland. Varsity Lakes has a population of 15,024 people and 40.60% of its occupants live in rental accommodation. The median listing price for houses is $1,100,000 and this has changed 15.78% over the past year and changed 16.40% over 2 years.

The median rent in Varsity Lakes for houses is $880 per week and the median rental yield is 4.16%. Stock on the market for houses/townhouses has changed -3.33% compared to last year and the average time to sell a house/townhouse is 45 days.The median listing price for units is $700,000 and this has changed 11.19% over the past year. The average unit takes 95 days to sell and the median rent for a unit in Varsity Lakes is $700 per week, producing a rental yield of 5.20%.

Supply & Demand in Varsity Lakes, Gold Coast

0.64%

Current vacancy rate


46

Rental stock available


15,024

Population


40.60%

Rental population


1.08%

Current vacancy rate


3,118

Rental stock available


555,721

Population


31.09%

Rental population


0.87%

Current vacancy rate


20,766

Rental stock available


4,703,187

Population


29.39%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Varsity Lakes, Gold Coast

  House Townhouses Units
Median listing price $1,100,000 $825,000 $700,000
Median price change - last quarter 0.00% 3.92% 0.71%
Median price change - 1 year 15.78% 10.14% 11.19%
Median price change - 2 years 16.40% 18.70% 21.73%
  House Townhouses Units
Median weekly rent $880 $800 $700
Median yield % 4.16% 5.04% 5.20%
Median rent change - 1 year 6.66% 5.26% 0.00%
  House Units
Previous month sales 9 10
Stock on market previous month 29 45
Stock variance vs. last year -3.33% -6.25%
Average days on market 45 95

Varsity Lakes investment property listings

Showing 1 of 1 investment properties found in Varsity Lakes on realestateinvestar.com.au

43/19 Carina Peak Dr, Varsity Lakes

$0

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Surround Yourself with Tranquillity & Enjoy A 5 Star in Town Res

Nestled overlooking a wildlife nature reserve and set adjacent to the shores of Lake Orr, this magnificent quality built contemporary apartment has been designed to transport you from the suburb of Varsity Lakes to any 5-star resort. Take a permanent holiday from this ground floor inner-city ...

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3

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Unit

QLD 4227


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