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 › Port Peyra Cres
$1,936,000
Last sold
15 Dec 2025
5
Bedrooms
3
Bathrooms
3
Car spaces
657 m²
Land
395 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
$1,936,000
15 Dec 2025 · derived via latest_sale
Local land rate: recorded House sales in Varsity Lakes (last 5 years) with land size have a median of $3,040/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
+39.4%
Median sale
Suburb $1,389,182
-0.91 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 RobinaDesigned to impress and crafted for modern family living, this spacious family residence on the prestigious Azzurra Island in Varsity Lakes delivers a flawless fusion of style, functionality, and sophistication. From its grand entry to its expansive living zones and resort-style outdoor entertaining, every detail has been thoughtfully considered to create a home of exceptional calibre.
Perfect for multi-generational living, the layout offers versatility and space, featuring a formal living on the ground-floor, a dedicated home office and expansive family living & dining areas. At the heart of the home lies the spacious well equipped kitchen, bathed in natural light and seamlessly flowing to the alfresco terrace and sparkling inground swimming pool, the ultimate setting for effortless entertaining and relaxed Gold Coast living.
Property Features
- Luxury residence positioned on a 657m² block on Azzurra Island, Varsity Lakes
- Multiple living spaces including an open-plan family zone, upper-level rumpus, and dedicated formal living area.
- Gourmet kitchen with premium appliances, range cooker, extensive cabinetry, stone benchtops
- Sunlit living areas flowing effortlessly to the resort-style saltwater swimming pool
- Five king sized bedrooms, including a grand master retreat with expansive walk-in robe and opulent ensuite featuring double rain showers and dual vanities & private balcony
- Ground-floor dedicated home office/Media Room with easy access to the downstairs powder room, ideal for extended family or visitors
- Enclosed alfresco with roll down blinds designed for year-round entertaining
- Double lock up garage with internal access PLUS a single garage / workshop area with rear access.
- Heated inground swimming pool with 'kiddies' learn to swim step
- Solar panels 6.6kw system
- Alarm system & CCTV cameras
- Zoned ducted air conditioning
- Ducted Vacumaid
- 5000L reticulation system
- Manicured gardens with plenty of grassed area for kids and pets to play, Gazebo & Side gated access to the yard for storage of trailer, caravan or boat. Everything has been catered for here in this amazing property.
Rental appraisal available upon request.
Land: 657m2
House: 395m2
Built: 2006
Living on Azzurra Island Benefits
- Premier Azzurra Island address within the highly sought-after Varsity Lakes precinct
- Surrounded by picturesque waterways, walking paths, and parklands perfect for family recreation
- Minutes to Bond University, Varsity College, and other leading schools
- Short drive to Burleigh Heads Beach, Robina Town Centre, and Pacific Fair
- Easy access to public transport, Varsity Lakes Train Station, and the M1 for north and south travel
- Close to local cafés, restaurants, and lakeside dining options within Varsity Lakes
Listing description written by Belinda Turner, Ray White Robina — reproduced as published, not verified by Districts.