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 › Varsity Pde
For sale
For sale
2
Bedrooms
2
Bathrooms
2
Car spaces
106 m²
Land
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
Asking
No recorded sale price for this property yet.
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.
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 Custom Realty GroupDiscover the perfect combination of comfort and convenience with this spacious, south facing 2-bed, 2-bath apartment complete with 2 secure car park spaces side by side.
Located within the Edgewater Residences complex on the north side of Lake Orr.
Expansive views of the Western end of Lake Orr and through to Burleigh Headland and Mount Warning in the distance.
This immaculately kept unit is a bright well-lit space in a quiet setting, with bedrooms either side of the open plan living area.
Property Features:
Open-plan living with ample space for a sitting and dining area, leading out to a covered balcony with views and plenty of space for an outdoor dining set.
Quality woollen carpet through living areas.
Two generously sized bedrooms, one with walk through wardrobe and ensuite bathroom.
Modern kitchen with good storage including a pantry and separate laundry
2 secure car spaces side by side as well as onsite visitors parking.
View of Lake Orr, walking track and the lake from all windows giving a bright and open feeling
Quiet location, with walking distance to everything you need.
Situated on the top level (2nd floor) with a walk up from the carpark for easy access to the apartment.
Important Information, refer to disclosure statement to confirm
Two bedroom, two bathroom apartment with two car spaces.
Potential Rental at $850 to $900 per week
Rates: $1,171.68 for last rates notice, issued every 6 months
Water: Approx $75 per quarter
BC Levies: $110 per week (including 20% pay on time discount)
Unbeatable Location:
Just a short drive from Robina Town Centre shopping, dining & entertainment nearby in Market Square as well as Varsity train station
Seamless access to the M1 and 10 minute drive to the Gold Coast beaches such as Burleigh Heads, and Nobby's beach.
The apartment is walking distance to the Lake Orr walking track, numerous parks and public transport.
Aldi shopping centre is a short walk across the Lake Orr bridge.
Varsity Lakes sport house and boat shed and the popular Varsity College - Primary and Secondary campus.
The facilities within Edgewater Residences are exceptional, with beautiful gardens, a large Gym, BBQ area, 20 meter lap pool, and table tennis games room.
Fibre to home broadband internet is also available via the Opticom network.
This unit offers high rental return making it a smart choice for potential investors while still perfectly suiting owner occupiers
Contact on-site managers and Real estate agent Amy and Shaun at Edgewater Residences to arrange a private inspection.
For inspections, dial 99 bell at the Edgewater Residences gate to contact the manager's office.
Onsite office next to the pool.
Visitor parking available inside the complex.
Listing description written by Amy Qin, Custom Realty Group — reproduced as published, not verified by Districts.