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 › Washington Ct
$2,050,000
Last sold
17 June 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
629 m²
Land
312 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
$2,050,000
17 June 2026 · 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
+47.6%
Median sale
Suburb $1,389,182
-1.04 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 Hub*** Video Walk Through on Facebook - Varsity Lakes Property Group ***
Proudly presented by Mitch Harrop, 21 Washington Court is one of the finest waterfront opportunities to hit the market in this tightly held pocket, being offered for the first time in 19 years. Perfectly positioned on a prime north-facing waterfront block, this expansive family residence captures breathtaking water views, beautiful breezes, and endless natural light all year round, delivering a lifestyle that is both peaceful and incredibly rare.
From the moment you arrive, the home impresses with its enormous front yard, grand entrance, and striking staircase complete with pendant lighting and under-stair storage. Designed for growing families and effortless entertaining, the lower-level features multiple living zones including a formal lounge with near-new carpet, plantation shutters, and an abundance of natural light, alongside a formal dining area and second family living space that seamlessly extends to the covered outdoor entertaining area overlooking the water. Outside, the sparkling waterfront pool creates the ultimate setting to relax or entertain while soaking in the serene surroundings of this truly special position.
The functional kitchen offers extensive pantry storage while perfectly positioned to take in the tranquil waterfront outlook. Completing the ground floor are two bedrooms with built-in wardrobes, updated ceiling fans, plantation shutters, fresh carpet, and a spacious bathroom featuring both a bath and large shower, alongside a powder room and well-sized laundry with external access.
Upstairs, the oversized master retreat captures stunning north-facing water views from its private balcony while also offering air-conditioning, a walk-in wardrobe, and ensuite. The fourth bedroom is also generously sized with plantation shutters, built-in wardrobe, ceiling fan, and its own private toilet.
Boasting Property Features:
• Prime North-facing waterfront position with breathtaking water views
• One of the best waterfront locations within the suburb
• Huge front yard with excellent street presence
• Double garage plus additional off-street parking options
• Grand entrance foyer with statement staircase and under-stair storage
• Multiple living and dining zones ideal for growing families
• Formal lounge with near-new carpet, plantation shutters, and endless natural light
• Covered outdoor entertaining area overlooking the water
• Sparkling waterfront pool capturing beautiful breezes and tranquil outlooks
• Functional kitchen with extensive pantry space and water views
• Airconditiong and ceiling fans throughout for year-round comfort
• Oversized master retreat with private balcony, air-conditioning, walk-in wardrobe, and ensuite
• Two downstairs bedrooms with built-in wardrobes, fresh carpet, and updated ceiling fans
• Generous laundry with direct side access
• Large fourth bedroom upstairs with built-in wardrobe, ceiling fan, and private toilet
• Exceptional family-friendly location close to schools, shops, parks, and every convenience
Rental Appraisal: Approx. $1700 -$1900 per week
Council Rates: Approx. $1,945 Bi-Annually
Water Rates: Approx. $372 Per Quarter
Boasting Location Features:
• Central position within the Robina/Varsity Lakes precinct
• Minutes to Robina Town Centre, local cafes and dining
• Close to schools, parks and walking tracks
• Easy access to public transport options
• Short drive to the Gold Coast's famous beaches
• Convenient access to the M1 for travel north or south
Why Choose Varsity Lakes?
Varsity Lakes continues to stand out as one of the Gold Coast's premier lifestyle suburbs, offering a unique blend of luxury, convenience, and community. Nestled around the picturesque Lake Orr, it features scenic walking tracks, parks, and vibrant cafés that encourage a relaxed, family-friendly atmosphere. Home to the esteemed Varsity College and within walking distance to Bond University, it's a location that appeals to both families and investors. With easy access to Robina Town Centre, transport links, and the M1, Varsity Lakes represents the ideal balance of lifestyle, connectivity, and long-term value.
For more information, contact the Number 1 Agent in Varsity Lakes & Robina, Mitch Harrop 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.