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 › Blue Ridge Cres
$1,775,000
Last sold
26 Nov 2025
6
Bedrooms
3
Bathrooms
2
Car spaces
500 m²
Land
370 m²
Building
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
$1,775,000
26 Nov 2025 · derived via latest_sale
Local land rate: recorded House sales in Varsity Lakes (last 5 years) with land size have a median of $2,947/m² of land (n=53). Districts calculation from recorded sales — not a valuation.
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
+27.8%
Median sale
Suburb $1,389,182
-0.70 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 Ray White NerangA Heartfelt Letter from the Owners
When we first discovered Varsity Lakes, we were captivated by the lake and the stunning views this home offered - its beauty, its peacefulness, its stunning scenery. When we purchased we also thought about our parents, who often came to live with us, and about the importance of creating a home where three generations could live together in comfort and joy. This house felt like fate. Spacious, with two levels, plenty of rooms, and such a practical design, it was the perfect place to raise a family and welcome our loved ones.
What makes this home so special is not just the layout, but how it feels when you walk through the front door. Its north-south orientation, balconies front and back, and natural ventilation create a light, breezy feel. Being set on the highest street in Varsity means the views from upstairs are unmatched - sweeping over the lake and its most beautiful outlooks. And it's the only home in the street with a pool, adding that extra touch of lifestyle.
Our upstairs living area has always been the heart of our home. It's where our children grew up, playing on the floor, where our parents shared in the joy of everyday life, and where countless precious memories were made against the backdrop of those breathtaking views. Downstairs, we loved having a private soundproof office tucked away - a space to focus while still being connected to everyday family life.
Over time, we thoughtfully made changes to suit our growing needs. The original downstairs living area was transformed into two comfortable guest bedrooms, each with their own bathroom. This meant friends and relatives could stay with ease, while upstairs remained the central hub for our family. The versatility of this home has been one of its greatest gifts - whether as six bedrooms, or reimagined into a media room, study, or gym, it adapts beautifully to any lifestyle.
Some of our favourite moments have been in summer, at sunset. Opening the balcony doors, the breeze drifts through the whole home, carrying with it the sound of water birds from the lake. It's cool, peaceful, and serene - a reminder of just how special this location is.
This house has shaped our lives in profound ways. It's where our children's childhoods unfolded, where three generations laughed, shared meals, and celebrated milestones. It's also been a place of incredible fortune. Since moving here, our business has flourished, and we've always felt this home carried with it good energy, positivity, and luck.
After 11 years, it's time for us to pass it on. And while we will take our belongings, we leave behind the most important thing - the love, warmth, and joy that fill these walls. Our wish for the next owners is that you, too, feel the peace, happiness, and good fortune this home has so generously given to us.
Kind regards
The current owners
Property improvements
- brand new carpets never walked on
- full interior fresh paint job
Lifestyle & Location Highlights
- Within Varsity College catchment
- Close to Somerset College & King's Christian College
- Minutes to Robina Town Centre for shopping, dining, and entertainment
- Easy access to Varsity Lakes Train Station & M1 Motorway
- Short drive to Robina Hospital and medical facilities
- Restaurants, cafés, and leisure spots nearby
- Walking distance to Varsity Lake with beautiful walking trails
Range of sports, fitness, and recreational facilities close by
Submit an enquiry today to receive a copy of the Diligence Pack or contact the Matt Micallef Team on 0410 503 518 to arrange your inspection today.
Disclaimer: This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. In preparing this information for this property we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Any photographs show only certain parts of the property as it appeared at the time they were taken. Areas, amounts, measurements, distances and all other numerical information is approximate only. Potential buyers should make their own inspections and enquiries and seek their own independent legal advice before signing a contract of sale, to satisfy themselves that all details relating to the property are correct.
Listing description written by Matt Micallef, Ray White Nerang — reproduced as published, not verified by Districts.