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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 $995,000 and this has changed 6.41% over the past year and changed 17.05% over 2 years.

The median rent in Varsity Lakes for houses is $835 per week and the median rental yield is 4.36%. Stock on the market for houses/townhouses has changed 21.43% compared to last year and the average time to sell a house/townhouse is 68 days.The median listing price for units is $659,500 and this has changed 14.69% over the past year. The average unit takes 127 days to sell and the median rent for a unit in Varsity Lakes is $700 per week, producing a rental yield of 5.51%.

Supply & Demand in Varsity Lakes, Gold Coast

1.42%

Current vacancy rate


102

Rental stock available


15,024

Population


40.60%

Rental population


1.28%

Current vacancy rate


3,675

Rental stock available


555,721

Population


31.09%

Rental population


1.03%

Current vacancy rate


24,208

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 $995,000 $750,000 $659,500
Median price change - last quarter 4.73% 0.13% 8.11%
Median price change - 1 year 6.41% 7.29% 14.69%
Median price change - 2 years 17.05% 15.56% 29.31%
  House Townhouses Units
Median weekly rent $835 $770 $700
Median yield % 4.36% 5.33% 5.51%
Median rent change - 1 year 7.74% 10.00% 7.69%
  House Units
Previous month sales 8 17
Stock on market previous month 34 61
Stock variance vs. last year 21.43% 29.79%
Average days on market 68 127

Varsity Lakes investment property listings

Showing 5 of 79 investment properties found in Varsity Lakes on realestateinvestar.com.au

23 Southlake Dr, Varsity Lakes

$1,395,000

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Gorgeous North Facing Waterfront Home!

*** Video Walk Through on Facebook - Varsity Lakes Property Group *** A building and pest inspection report and a recent comparable sales report will be made available. Nestled in a gorgeous waterfront position, you'll find 23 Southlake Drive, Varsity Lakes, proudly presented by Mitch Harrop. ...

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QLD 4227


23 Balmain St, Varsity Lakes

$1,299,000

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Spacious Family Home on Massive Corner Block

Sprawled over a massive 743m2 corner block, this spacious single level home home provides ample room for families to enjoy a relaxed lifestyle in a peaceful location. Offering four bedrooms and two bathrooms, the comfortable layout offers multiple living areas and opens on to a covered alfresco ...

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QLD 4227


1/28 Castello Cct, Varsity Lakes

$900,000

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Stunning Lake Views! Expansive Wrap-Around Balcony! Must See Pro

Introducing an exquisite apartment in a boutique complex, offering a perfect balance of natural beauty and urban convenience. Relax and unwind on the balcony with stunning views of Lake Orr and parklands. Explore the nearby Varsity Lakes Wetlands and enjoy a network of walking and biking trails. ...

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QLD 4227


16 Gainsborough Dr, Varsity Lakes

$1,230,000

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Sellers are ready to sell! So Much Potential On Offer!

Opportunities like this rarely become available! Looking for the perfect family home in a peaceful and convenient location? Then look no further! Situated on an expansive 643sqm corner block in one of the most sought after streets of Varsity Lakes, this home offers everything you need for ...

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QLD 4227


39 Gerona Cct, Varsity Lakes

$1,895,000

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1182m2 DEVELOPMENT SITE - ONE OF THE ONLY OPPORTUNITIES IN VARSI

The Micallef Team is proud to present to the market another family home that boasts a tremendous amount of potential, located in the highly sought-after Varsity Lakes. Council guidelines indicate the rare opportunity for the site to be developed with the two main possibilities being an additional ...

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QLD 4227


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