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QLD › Varsity Lakes › Winton Tce

23 Winton Tce, Varsity Lakes QLD 4227

For saleHouse for Sale

$1,595,000

For sale

Asking

4

Bedrooms

3

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,595,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,595,000(Listing record · 27 May 2026)
  • CalculationAsk is 15% above the Varsity Lakes median recorded sale ($1,389,182, n=72, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Varsity Lakes's advertised median rent ($859/wk), implied gross yield would be 2.80% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,595,000

Asking

No recorded sale for this property.

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.

See the full Varsity Lakes report →

Vs Varsity Lakes

+14.8%

Median sale

Suburb $1,389,182

-0.42 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.

Total cost to purchase

Purchase Price
$1,595,000
Stamp Duty (Queensland)
$72,238
Transfer/Registration Fee
$6,860
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,677,798

$82,798 on top of the price (5.2% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Varsity Lakes's advertised median rent — not a rent for this listing.

Net yield
1.30%
Annual cashflow (pre-tax)
$-62,197
Interest cover (DSCR)
0.25
Annual rent
$44,668
Operating expenses
$23,925
Loan amount
$1,276,000
Annual interest
$82,940
Gross yield
2.80%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Listed$1,595,000available27 May 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.8%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Varsity Lakes in one glance

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.

See the full Varsity Lakes report →

Keep researching

  • Why Varsity Lakes? Read the area thesis →
  • What else is on the market in Varsity Lakes →
  • Other records on Winton Tce →

Listing material

Listed by Harcourts Property Hub

Grand Family Entertainer with Elevated Views & North Facing Pool!!

*** Video Walk Through on Facebook - Varsity Lakes Property Group ***

Proudly presented by Mitch Harrop & Ben Nantes, this expansive family residence is positioned within the highly sought-after Dress Circle precinct of Varsity Lakes, one of the suburb's most prestigious and tightly held locations. Elevated to capture year-round breezes and showcasing a desirable north-facing yard, 23 Winton Terrace delivers an exceptional lifestyle opportunity designed for large families, entertainers, and multi-generational living alike.

Thoughtfully designed across two spacious levels, this grand four-bedroom plus office residence offers a highly functional floorplan with multiple living zones, generous proportions, and seamless indoor-outdoor integration. Combining low-maintenance living with impressive scale, the home is perfectly suited to modern family life while offering flexibility for guests, teenagers, or extended family members.

Read the full description

At the heart of the home, expansive tiled living and dining areas flow effortlessly around an oversized stone island kitchen designed for entertaining. Complete with extensive bench space, quality appliances, and abundant storage, the kitchen overlooks both the indoor living zones and outdoor entertaining area, creating the perfect setting to host family and friends year-round.

Stepping outside, enjoy a private undercover entertaining area seamlessly connecting to the elevated pool and spa area, all framed by a low-maintenance north-facing yard designed to maximise sunshine, breezes, and lifestyle enjoyment.

The lower level also features a full bathroom alongside a generously sized bedroom, ideal for guests or those seeking separation of space. Upstairs, an additional living area accompanies oversized bedrooms, while the master retreat offers a luxurious escape complete with a large walk-in robe, spacious ensuite with shower and bath, and a private balcony.

Positioned within one of Varsity Lakes' premier streets, this outstanding home is moments from schools, parks, walking tracks, cafés, Robina Town Centre, Bond University, and world-class Gold Coast beaches.

Boasting Property Features Include:

• Grand family residence positioned within Varsity Lakes' prestigious Dress Circle

• Elevated north-facing allotment capturing year-round breezes

• Four spacious bedrooms plus full office or optional fifth bedroom

• Three well-appointed bathrooms across both levels

• Multiple living zones for growing or multigenerational families

• Expansive tiled living and dining areas with seamless outdoor flow

• Oversized stone island kitchen with extensive storage and bench space

• Sparkling in-ground pool and private spa area

• Oversized master suite with walk-in robe, ensuite, bath, and private balcony

• Large double garage with internal storage

• Additional off-street parking for two vehicles

• Low-maintenance yard designed for easy family living on 464m2 lot

• Air conditioning throughout

Rental Appraisal: Approx. $1,400 -$1,550 per week

Council Rates: Approx. $1,266 Bi-Annually

Water Rates: Approx. $419 Per Quarter

Boasting Location Features Include:

• Located in one of Varsity Lakes' most sought-after streets (Dress Circle)

• Within the Varsity College school catchment

• Close to Lake Orr walking and cycling tracks

• Walking distance to parks, playgrounds, and green spaces

• Minutes to Varsity Lakes cafés, restaurants, and shops

• Close to Bond University, Robina Town Centre, and Robina Hospital

• Easy access to public transport and Varsity Lakes train station

• Short drive to Burleigh Heads and Gold Coast beaches

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 Agents in Varsity Lakes & Robina, Mitch Harrop & Ben Nantes, 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.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Dishwasher
  • Floorboards
  • Living Areas: 3
  • In-Ground Pool
  • Study
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.