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 › Main St
2
Bedrooms
2
Bathrooms
1
Car spaces
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
Nothing about this record stands out yet — coverage may still be filling in.
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
No recorded sale price for this property yet.
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.
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 Australian Property Management AllianceDiscover the flexibility of dual key living at 1004/3 Main Street, Varsity Lakes. This rare offering presents two self-contained apartments on one title, each with its own private entrance, making it ideal for investors, owner-occupiers, or buyers seeking versatile living options.
Positioned on the ground floor, the apartment enjoys a generous balcony and a well-designed 107m² layout filled with natural light. The property comprises a spacious one-bedroom apartment plus a separate studio, both thoughtfully designed for comfortable, low-maintenance living.
For investors, this is a standout opportunity to generate two income streams while paying a single body corporate levy. It also suits first-home buyers, downsizers, or anyone looking for a secure lock-up-and-leave lifestyle. Conveniently located within walking distance to Bond University, Varsity College, and the Varsity CBD precinct.
* Property Highlights:
- Dual key configuration - two separate residences on one title
- Individual entrances providing privacy and independence
- Light-filled interior with a spacious, functional layout
- Ground-floor position with an oversized balcony
- Neutral colour scheme throughout
- Modern appliances and ample storage in both residences
* 1004 - One Bedroom Apartment
- Open-plan living and dining flowing to a large private balcony
- Contemporary kitchen with stone benchtops, island bench and good storage
- Generous bedroom with built-in robe and ceiling fan
- Bathroom with walk-in shower, toilet and full internal laundry
- Reverse cycle air conditioning
- Fully furnished and rental appraisal - $620 per Week
- Secure allocated car space
*1004A - Studio Apartment
- Self-contained studio ideal for rental or guest accommodation
- Private balcony
- Built-in robe and ceiling fan
- Modern bathroom with walk-in shower and toilet
- Reverse cycle air conditioning
- Fully furnished and rental appraisal - $420 per Week
Outgoings:
Council Rates: Approx. $53 per week
Water & Sewage: Approx. $31 per week
Body Corporate: Approx. $114 per week
Complex Facilities:
Resort-style swimming pool with sun lounge area
Air-conditioned gym
Outdoor BBQ and entertaining space
On-site laundry facilities
Secure basement parking
Visitor parking and on-site management
Enjoy an easy-care lifestyle just minutes from Burleigh Heads Beach, Robina Town Centre, local cafés, schools, hospitals, public transport and Varsity Train Station.
This is a rare chance to secure a flexible dual-living property in a high-demand location.
Don't miss this opportunity.
Contact Joyce or Selina today to arrange your inspection:
Joyce - 0451 190 171
Selina - 0451 191 381
Listing description written by Ethan Mikkelson, Australian Property Management Alliance — reproduced as published, not verified by Districts.