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Nearby Suburbs
Real Estate Market: Is Varsity Lakes QLD 4227 a Good Suburb to Buy Into?
Housing Market in Varsity Lakes
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Gold Coast | Trend | |
|---|---|---|---|---|
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| $954 | Top 7% |
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| Premium | Premium | Premium |
Housing Supply in Varsity Lakes
The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
| Field | Value | VS Gold Coast | Trend | |
|---|---|---|---|---|
| 6.48 | Top 22% |
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| 0.1 | Bottom 22% | Data for Jul 2023 | ||
| 74.9 | Top 7% | Data for May 2023 | ||
| Premium | Premium | Premium | ||
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| 7 lots | Top 34% |
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| 41 | Top 1% |
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Housing Stock Quality in Varsity Lakes
The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
| Field | Value | VS Gold Coast | Trend | |
|---|---|---|---|---|
| 42.7% | Bottom 3% |
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| 2.5 | Top 48% |
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| 69.6% | Top 5% | Data for Jun 2023 |
Development Restrictions in Varsity Lakes
The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
| Field | Value | VS Gold Coast | Trend | |
|---|---|---|---|---|
| 9.4 sq km | Top 47% | Data for Jan 2021 | ||
| 0.0 sq km | Bottom 39% | Data for Jun 2023 | ||
| 297 sqm per resident | Bottom 9% | Data for Jan 2021 |
Risk in Varsity Lakes
The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
| Field | Value | VS Gold Coast | Trend | |
|---|---|---|---|---|
| 73.1% | Bottom 8% |
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| 26.9% | Top 8% |
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| 53 | Top 10% | Data for Jun 2023 | ||
| $2,360 | Top 27% |
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| 57 | Bottom 1% | Data for Jun 2023 | ||
| 44 | Bottom 0% | Data for Jun 2023 | ||
| 25.7% | Top 31% |
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| 38.2% | Bottom 49% |
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Housing Demand in Varsity Lakes
The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 1975 - 2030
Sources: ABS, TORREN, Property Listings and Microburbs, 1975 - 2030
| Field | Value | VS Gold Coast | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| 23200 | Top 10% |
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| 56600 | Bottom 40% |
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| 758000 | Top 1% |
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Unit Market in Varsity Lakes
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Gold Coast | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
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| $784 | Top 4% |
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| 67.8% | Top 47% |
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Realtors (7)
| Headline | Place | Datetime |
|---|---|---|
| Benchmark Business Sales | Suite 104 1 Lake Orr Dr | |
| Hart's Real Estate | 155 Varsity Parade | |
| Varsity Lakes Realty | 240 Varsity Parade | |
| Virtual Tours Creator | ||
| Lyfe Property |
Accommodation Options (6)
| Headline | Place | Datetime |
|---|---|---|
| Ultiqa Lifestyle | Level 2 Central 240 240 Varsity Parade | |
Median House Rental Prices by Street (59)
| Street | Date | Median rent (per week) |
|---|---|---|
| Gainsborough Dr | 06 Dec 2025 | $844 |
| Geraldton Dr | 06 Dec 2025 | $832 |
| Gerona Cct | 06 Dec 2025 | $1,268 |
| Eucalyptus Ave | 06 Dec 2025 | $970 |
| Lakefront Cr | 06 Dec 2025 | $746 |
Median House Sale Prices by Street (64)
| Street | Date | Median sale value |
|---|---|---|
| Alexandrina Dr | 06 Dec 2025 | $1,127,000 |
| Andorra Pl | 06 Dec 2025 | $1,462,000 |
| Azzurra Dr | 06 Dec 2025 | $1,276,000 |
| Bayswater Ave | 06 Dec 2025 | $1,218,000 |
| Belrose Bvd | 06 Dec 2025 | $1,452,000 |
Turnover Rate by Street (100)
| Turnover rate | Street | Turnover Label | Turnover Years | Year |
|---|---|---|---|---|
| 60.0% | Alderney Ct | quite tightly held | Every 16.7 years (quite tightly held) | 2025 |
| 53.3% | Acklin Ct | quite tightly held | Every 18.8 years (quite tightly held) | 2025 |
| 46.8% | Belrose Bvd | very tightly held | Every 21.4 years (very tightly held) | 2025 |
| 59.5% | Stanford Ave | quite tightly held | Every 16.8 years (quite tightly held) | 2025 |
| 86.8% | John Duncan Ct | high turnover | Every 11.5 years (high turnover) | 2025 |
Planning Applications: Other (90)
| Headline | Place | Date |
|---|---|---|
| Minor Change Material Change of Use (Impact) Minor Change to (5)560/30/2795 - Gold Coast City Council MIN/2025/553 | 221 Christine Avenue, Varsity Lakes QLD 4227 | 08 Oct 2025 |
| Minor Change Operational Works (Code) Minor Change to COM/2024/249 - Gold Coast City Council MIN/2025/529 | 8 Stapley Drive, Varsity Lakes QLD 4227 | 01 Oct 2025 |
| Minor Change Application Material Change of Use (Code) Minor Change to MCU201000696 - Gold Coast City Council MIN/2025/507 | Unit 222, 33 Lakefront Crescent, Varsity Lakes QLD 4227 | 18 Sep 2025 |
| Generally in Accordance Original Approval: MCU/2014/425 - Gold Coast City Council GIC/2025/78 | 65 Varsity Parade, Varsity Lakes QLD 4227 | 20 Aug 2025 |
| Minor Change Application Material Change of Use (Code) Minor Change to MCU/2020/269 - Gold Coast City Council MIN/2025/375 | Unit 1, 14 John Duncan Court, Varsity Lakes QLD 4227 | 19 Jul 2025 |
Planning Applications: Dwellings (8)
| Headline | Place | Date |
|---|---|---|
| Material Change of Use Code Assessment Additions to Multiple Dwelling - Gold Coast City Council MCU/2024/483 | 251 Christine Avenue, Varsity Lakes QLD 4227 | 28 Nov 2024 |
| Combined Application Material Change of Use & Reconfiguring of a Lot (Impact Assessment) Dwelling House, Dual Occupancy & 1 into 2 Lot Subdivision - Gold Coast City Council COM/2024/178 | 1 Yawl Place, Varsity Lakes QLD 4227 | 26 Jun 2024 |
| Express Development Application Material Change of Use Code Assessment Additions to Multiple dwellings - Gold Coast City Council EDA/2023/11 | 1-19 Warbler Parade, Varsity Lakes QLD 4227 | 04 Feb 2023 |
| Material Change of Use Accepted to Code Assessment Dual Occupancy - Gold Coast City Council MCU/2022/389 | 1 Yawl Place, Varsity Lakes QLD 4227 | 07 Aug 2022 |
| Material Change of Use Impact Assessable Dual Occupancy - Gold Coast City Council MCU/2022/321 | 2 Placid Court, Varsity Lakes QLD 4227 | 04 Jul 2022 |
Planning Applications: Industrial (2)
| Headline | Place | Date |
|---|---|---|
| Material Change of Use Impact Assessment Warehouse - Gold Coast City Council MCU/2023/314 | 8 Stapley Drive, Varsity Lakes QLD 4227 | 23 Sep 2023 |
| Express Development Application Material Change of Use Code Assessment Warehouse - Gold Coast City Council EDA/2022/39 | 8 Rina Court, Varsity Lakes QLD 4227 | 21 Apr 2022 |
Recently Sold Houses (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Subdivisible into | Sale Type |
|---|---|---|---|---|---|---|---|
| 21 Cumberland Dr | $1,450,000 | 3.0 | 2.0 | 2.0 | 04 Dec 2025 | 0 | On Market |
| 1 Coolibah Cr | Price Withheld | 3.0 | 1.0 | 1.0 | 01 Dec 2025 | 0 | On Market |
| 34 Gerona Circuit | $1,280,000 | 4.0 | 2.0 | 2.0 | 01 Dec 2025 | 0 | On Market |
| 18 Blue Ridge Cr | Price Withheld | 6.0 | 3.0 | 2.0 | 26 Nov 2025 | 0 | On Market |
| 18 Blue Ridge Cr | $1,775,000 | 6.0 | 3.0 | 2.0 | 26 Nov 2025 | 0 | On Market |
LGA Details (1)
| Headline | Place | Datetime |
|---|---|---|
| Local government area | Gold Coast |
Median Unit Sale Prices by Street (14)
| Date | Median sale value | Street |
|---|---|---|
| 06 Dec 2025 | $933,000 | Balmain St |
| 06 Dec 2025 | $828,600 | Carina Peak Dr |
| 06 Dec 2025 | $813,100 | Castello Cct |
| 06 Dec 2025 | $896,400 | Christine Ave |
| 06 Dec 2025 | $758,100 | Geraldton Dr |
Percent of Renters by Street (100)
| Percent of Renters | Street |
|---|---|
| 43.0% | Acklin Ct |
| 51.2% | Alderney Ct |
| 65.9% | Alexandrina Dr |
| 11.1% | Allegro Pl |
| 24.7% | Altissimo Cl |
Businesses (95)
| Name | Address |
|---|---|
| Coral Homes - Head Office + myChoice Selection Showroom | Level 3/194 Varsity Parade, Varsity Lakes QLD 4227, Australia |
| Alroe Constructions Pty Ltd | Level 3, Suite 302/1 Lake Orr Dr, Varsity Lakes QLD 4227, Australia |
| GCB Constructions | Above CBD Hotel, level 3/21 Lake St, Varsity Lakes QLD 4227, Australia |
| Fabritecture | Unit 14/15 John Duncan Ct, Varsity Lakes QLD 4227, Australia |
| Austcoast Constructions Group | 2/6 John Duncan Ct, Varsity Lakes QLD 4227, Australia |
Recent Rental Unit Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date |
|---|---|---|---|---|---|
| Unit 111, 190 Varsity Pde | $700 | 1.0 | 1.0 | 1.0 | 02 Dec 2025 |
| Unit 209, 29-49 Varsity Pde | $850 | 2.0 | 2.0 | 2.0 | 02 Dec 2025 |
| Unit 2607, 397 Christine Ave | $1,250 | 2.0 | 2.0 | 2.0 | 27 Nov 2025 |
| Unit 2607, 397 Christine Ave | $1,250 | 2.0 | 2.0 | 2.0 | 27 Nov 2025 |
| Unit 2607, 397 Christine Ave | $1,250 | 2.0 | 2.0 | 2.0 | 27 Nov 2025 |
Recent Rental House Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date | Subdivisible into |
|---|---|---|---|---|---|---|
| Unit 2, 16 Mulgrave Cr | $900 | 3 | 2 | 2 | 03 Dec 2025 | 0 |
| Unit 5, 76 Bayswater Ave | $1,000 | 3 | 2 | 2 | 01 Dec 2025 | 0 |
| 32 Watts Dr | $830 | 2 | 2 | 2 | 01 Dec 2025 | 0 |
| Unit 5, 76 Bayswater Ave | $1,000 | 3 | 2 | 2 | 01 Dec 2025 | 0 |
| 31 Lakeridge Dr | $995 | 3 | 2 | 2 | 01 Dec 2025 | 0 |
Recently Sold Units (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Sale Type |
|---|---|---|---|---|---|---|
| Unit 410, 190 Varsity Pde | $701,000 | 1.0 | 1.0 | 1.0 | 05 Dec 2025 | On Market |
| Unit 3, 6 Pontoon Pl | $879,000 | 3.0 | 1.0 | 1.0 | 03 Dec 2025 | On Market |
| Unit 82, 228 Varsity Pde | $610,000 | 1.0 | 1.0 | 1.0 | 03 Dec 2025 | On Market |
| Unit 82, 228 Varsity Pde | $610,000 | 1.0 | 1.0 | 1.0 | 03 Dec 2025 | On Market |
| Unit 3, 6 Pontoon Pl | $879,000 | 3.0 | 1.0 | 1.0 | 03 Dec 2025 | On Market |
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