Varsity Lakes at a glance
18,051
People
$1,389,182
Median sale
$859/wk
Median rent
3.22%
Suburb gross yield
Median sale from 72 recorded sales (last 12 months) — a Districts calculation.
QLD › Varsity Lakes › Elizabeth Cres
$1,850,000
Last sold
11 Nov 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,850,000
11 Nov 2025 · derived via latest_sale
Varsity Lakes at a glance
18,051
People
$1,389,182
Median sale
$859/wk
Median rent
3.22%
Suburb gross yield
Median sale from 72 recorded sales (last 12 months) — a Districts calculation.
Vs Varsity Lakes
+33.2%
Median sale
Suburb $1,389,182
-0.81 pp
Gross yield
Suburb 3.22%
Suburb median $1,389,182 from 72 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $859/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Varsity Lakes at a glance
18,051
People
$1,389,182
Median sale
$859/wk
Median rent
3.22%
Suburb gross yield
Median sale from 72 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts Property HubProudly presented by Mitch Harrop & Ben Nantes, this expansive two-storey family home captures the essence of modern lakeside living with unapparelled North facing water views. Perfectly positioned on a sought-after corner block on the door step of Lake Orr, this beautifully appointed 2017 built residence combines elegant design, functional living spaces, and an unbeatable location within walking distance to local cafés, schools, and the Varsity Lakes shopping precinct.
Step through the high-ceiling entryway into a light-filled open-plan living and dining area that flows seamlessly to the waterfront covered outdoor entertaining space and grassed yard, perfect for gatherings and a haven for furry friends. The well-appointed kitchen is the heart of the home, with a large island bench, quality appliances, a spacious butler's pantry, and ample storage. A downstairs media room and adjoining bedroom provide flexible spaces for family movie nights, guests, or a home office. Upstairs, a second living area or parents' retreat opens to a private balcony overlooking Lake Orr, while the master suite features, a generous walk-in robe, and a contemporary ensuite with double vanity. With ducted air conditioning, a double garage plus off-street parking, and low-maintenance outdoor areas, this home perfectly balances lifestyle, comfort, and convenience.
This exceptional location offers the perfect blend of tranquility and convenience. Enjoy leisurely walks along the kilometers of picturesque Lake Orr boardwalks, explore nearby parks and recreational areas, or simply take in the serene water views from almost every room in the home. With an array of cafes, boutique shops, and dining options just a short stroll away, everything you need is within easy reach. Families will also appreciate the proximity to highly regarded schools, while professionals benefit from effortless access to the M1, Robina Town Centre, and the vibrant Gold Coast lifestyle, making this home an ideal base for both work and play.
Boasting Property Features:
• Prime North facing position with breathtaking Lake Orr views
• 2017 build with 292m² of internal living space, set on two spacious levels with a modern family layout
• High-ceilings throughout the home give a sense of space within every room
• Open-plan living and dining flowing to outdoor waterfront entertaining and grassed yard
• Well-appointed kitchen with large island bench and exclusive butler's pantry
• Large downstairs media room and flexible adjoining bedroom
• Upstairs second living area opening to balcony with lake views
• Master suite with balcony, walk-in robe, and elegant ensuite with double vanity
• Zoned ducted air conditioning throughout
• Double garage plus additional off-street parking
• Grand street appeal set on a low maintenance 393m² waterfront lot
Water Rates: Approx. $342 Per Quarter
Council Rates: Approx. $1,145 Bi-Annually
Rental Appraisal: Approx. $1,400 - $1,550
Location Body Corporate: Approx. $17 per week (Insurances, maintenance and sinking/admin fund for the exclusive area).
Boasting Location Features:
• Peaceful lakeside setting on the edge of Lake Orr
• Stones through to Varsity College Primary and short stroll to Secondary
• Walking distance to local grocery stores, gym and cafés
• Short drive to top-rated schools and Bond University
• Close to Varsity Lakes CBD, Robina Town Centre, and public transport
• Surrounded by scenic walking and cycling paths around the Lake
• Convenient access to the M1, Varsity Train Station and Gold Coast beaches
Why Choose Varsity Lakes?
Varsity Lakes is one of the Gold Coast's most sought-after suburbs, offering a perfect blend of lifestyle, convenience, and investment potential. Centered around the scenic Lake Orr, it boasts stunning waterfront homes, walking tracks, and an abundance of parks that create a relaxed, family-friendly environment. The suburb is home to the highly regarded Varsity College, along with close proximity to Bond University, making it ideal for families and investors alike. Residents enjoy easy access to major shopping at Robina Town Centre, local cafés, restaurants, and gyms, while excellent transport links via Varsity Lakes train station and the M1 motorway connect seamlessly to Brisbane and the wider Gold Coast. With strong property growth, high rental demand, and a vibrant community spirit, Varsity Lakes delivers the best of both lifestyle and long-term value.
For more information, contact the number 1 Agents in Robina & Varsity Lakes, Mitch Harrop & Ben Nantes today!
Disclaimer:
We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
* denotes approximate measurements.
Listing description written by Mitch Harrop, Harcourts Property Hub — reproduced as published, not verified by Districts.