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 › Elizabeth Cres
$1,570,000
Last sold
16 Feb 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
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
$1,570,000
16 Feb 2026 · derived via latest_sale
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
+13.0%
Median sale
Suburb $1,389,182
-0.37 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 HubProudly presented by Mitch Harrop & Ben Nantes!
2010 build and designed with modern family living in mind, this impressive double-story residence is sure to captivate from the moment you arrive. Positioned just a literal stone's throw from Lake Orr and the Varsity College Primary Campus, this home delivers an exceptional blend of comfort, functionality, and effortless Gold Coast living.
The heart of the home is the expansive open-plan living and dining area, seamlessly connecting via bi-fold doors to a north-facing covered patio, pool, and spa. This inviting indoor-outdoor flow creates the perfect environment for entertaining, where weekend gatherings, relaxed afternoons, and family fun come together with ease.
The well-appointed kitchen is both stylish and practical, featuring stone benchtops, a gas cooktop, ample storage, and a central island bench ideal for casual meals or hosting guests. With all the hard work already done, this is a true move-in-ready opportunity, simply unpack and start enjoying the lifestyle.
Upstairs, four generously sized bedrooms provide plenty of space for the whole family, each complete with ceiling fans and air conditioning. The master suite is a private retreat, boasting a walk-through robe and ensuite, while the main bathroom includes a separate bath and shower, complemented by a separate toilet for added convenience.
Perfectly positioned in one of Varsity Lakes' most sought-after pockets, the home offers outstanding lifestyle convenience. Walk to Lake Orr's scenic walking and cycling tracks for your morning or evening stroll, or enjoy the ease of having a supermarket, café, and hair salon just two minutes away.
Falling within the highly coveted Varsity College catchment zone, this property presents an outstanding opportunity for families, professionals, or investors seeking location, lifestyle, and long-term value.
Boasting Property Features:
• 2010 build in a sought after location next to Lake Orr & Varsity College
• Four spacious bedrooms upstairs with fans and air conditioning
• 5th room for a study/office space downstairs
• Two bathrooms plus additional powder room
• Master suite with walk-through robe and ensuite
• Modern kitchen with stone benchtops and gas cooktop
• Open-plan living and dining areas
• North-facing covered outdoor entertaining area
• Gorgeous swimming pool and under Bali hut spa
• Split-system air conditioning throughout
• Double lock-up garage plus off street parking
• Established, low-maintenance gardens
• 5kW solar power system
Boasting Location Features Include:
• Positioned within the Varsity College catchment
• Literal stone's throw to Varsity College Primary Campus
• Short walk to Lake Orr walking and cycling tracks
• Two-minute walk to supermarket, café, and hair salon
• Close to local parks, shops, and everyday conveniences
• Located in one of South East Queensland's most up-and-coming suburbs
Location Body Corporate: Approx. $21 per week (Insurances, maintenance and sinking/admin fund for the exclusive area).
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.