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 › Vanderbilt Ct
$1,895,000
Last sold
7 July 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
661 m²
Land
245 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
$1,895,000
7 July 2026 · 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
+36.4%
Median sale
Suburb $1,389,182
-0.86 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
UnknownArea
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 PRD Burleigh HeadsOffered to the market for the very first time, this tightly held waterfront residence presents a rare opportunity to secure a premium position in one of Varsity Lakes' most desirable pockets. Set on a generous 661m² block with a prized north-facing rear aspect, private pontoon, and pool overlooking the water, the home enjoys abundant natural light across the backyard and shimmering water views.
Built in 1998 and rich in original charm, the layout is one of the home's standout features. The master suite is privately positioned on one side of the residence, complete with ensuite, walk-in robe, and tranquil water and pool views, while three additional bedrooms are thoughtfully zoned on the opposite wing — offering excellent separation for families.
Multiple living areas provide flexibility for growing households, and water views are enjoyed from the kitchen, dining, and main bedroom. Whether preserved as is or transformed into a modern waterfront showpiece, this is a rare blank canvas with exceptional fundamentals.
Positioned within the Varsity College primary and secondary catchment and surrounded by quality homes in a tightly held cul-de-sac, this is a blue-chip waterfront opportunity with long-term upside.
Features;
• Prime waterfront position with north-facing rear aspect
• Private pontoon with direct water access
• Water views from kitchen, dining & main bedroom
• Private master retreat with ensuite, walk-in robe & picturesque water views
• Rear deck overlooking the water
• Multiple living zones for flexible family living
• Reverse-cycle air conditioning
• Built in 1998 with original charm throughout
• Magical sunset outlook & front-row seats to the annual New Year's Eve by the Lake fireworks
• Solar system for energy efficiency
• Side access for boats or trailers
• Within Varsity College (Primary & Secondary) catchment
• Perfect blank canvas to renovate, modernise or rebuild
• 661m² block in a tightly held cul-de-sac
Prime Location
• Zoned for the prestigious Varsity College
• A stone's throw from Christine Corner shops & Aldi for everyday convenience
• 6 minutes to Robina Town Centre for shopping, dining, and entertainment
• 7 minutes to Bond University
• 9 minutes to the world-famous North Burleigh Beach
Spend your evenings enjoying magical sunsets over the water, and every New Year's Eve, enjoy front-row views of New Year's Eve by the Lake at the Waterfront Stage on Varsity Promenade — an enviable lifestyle reserved for a fortunate few. Secure this rare waterfront opportunity today.
Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.
Listing description written by Luke Wright, PRD Burleigh Heads — reproduced as published, not verified by Districts.
Nearby 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.