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 › Grevillea Dr
For sale
For sale
3
Bedrooms
2
Bathrooms
4
Car spaces
698 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 Black & White Estate Agents Pty LtdAuction Location: On Site
As property prices continue to surge, finding a sizeable family home on a generous, child- and pet-friendly block is becoming increasingly difficult — especially in sought-after areas like Burleigh Waters. This private enclave offers the ideal alternative, combining exceptional value, spacious living options, and close proximity to the beach. It's the perfect trifecta for buyers who want lifestyle, space, and location without compromise.
If room to grow is on your must-have list, this delightful family home delivers. Offering multiple living zones and versatile spaces, it's perfectly suited to the evolving needs of a modern family. The self-contained lower level with separate access provides the ideal setup for elderly parents, young adult children, or even dual living or rental income potential.
Elevated to capture sweeping skyline views, this light-filled residence showcases warmth, charm and character, highlighted by polished hardwood timber floors throughout. The upper level features a spacious lounge flowing into the dining area, a well-appointed kitchen ideal for the budding master chef, three generous bedrooms, and a stunning, fully renovated bathroom with a separate powder room.
The front deck provides the perfect setting to enjoy your morning coffee, entertain with BBQs, or unwind with your favourite drink while watching the sunset.
Downstairs offers a versatile teenagers' retreat or guest accommodation—ideal for grandparents, visiting family, or friends enjoying a holiday stay.
Features
• Large 698m2 allotment
• Lots of off-street parking
• 3 Bedrooms + 2 General purpose rooms
• 2 bathrooms
• Airconditioning
• Polished floors
• Fully fenced
• Solar Panels with 5kw inverter
• Close to M1 motorway
• 4.6km to Burleigh Heads Beach
• Walk to Treetops Plaza
• Varsity College (Prep–12): 1.1–1.3 km
• Marymount Primary / College: 1.1–1.2 km
• Caningeraba State School: 1.6–1.7 km
• Gold Coast Christian College: 1.8–1.9 km
• King's Christian College: 2.1–2.2 km
• Hillcrest Christian College: 2.3–2.4 km
This home has been lovingly cared for, renovated and enhanced in so many ways offering real flexibility with great income producing opportunities.
Delay on this one and you'll be disappointed.
*This property is being sold either by auction or without a price, and therefore, a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
* Advertising Disclaimer:
In preparing this information we have 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 misrepresentations that may occur. Prospective buyers should make their own enquiries to satisfy themselves and verify the information contained herein.
Listing description written by Michael Peters, Black & White Estate Agents Pty Ltd — reproduced as published, not verified by Districts.