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 › Cumberland Dr
$1,300,000
Last sold
18 Feb 2026
3
Bedrooms
2
Bathrooms
4
Car spaces
495 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
Last sold
$1,300,000
18 Feb 2026 · derived via latest_sale
Local land rate: recorded House sales in Varsity Lakes (last 5 years) with land size have a median of $3,040/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
-6.4%
Median sale
Suburb $1,389,182
+0.22 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 Lacey WestNestled in a quiet, family-friendly pocket of Varsity Lakes, this inviting single-level home delivers relaxed easy care living just minutes from beaches, schools and vibrant shopping precincts.
With a bright open-plan layout connecting the kitchen, living and dining zones, it's designed for effortless everyday living and easy entertaining. Sliding doors open to a covered outdoor area and fenced backyard, creating a private haven for kids, pets and weekend barbecues.
Perfect for young families, renovators or investors, the home offers three comfortable bedrooms, including a main bedroom with ensuite and walk in robe along with a well-appointed bathroom.
The functional kitchen sits at the heart of the home, providing ample storage and bench space while keeping you connected to the action in the living areas.
With secure double garaging and low-maintenance grounds, it's a practical, easy-care property in a high-demand locale.
Positioned close to parks, walking paths and local waterways, this address captures the relaxed Gold Coast lifestyle while still offering excellent convenience. Varsity College, local shops, cafes and public transport are all within easy reach, while Robina Town Centre, Bond University and the world-famous Burleigh Heads Beach are only a short drive away.
- Single-level brick home in a quiet Varsity Lakes street.
- Bright open-plan kitchen, living and dining area with air con.
- 3 bedrooms, 2 with air con & the main with ensuite & walk in robe.
- Bathroom with bath & separate toilet
- Covered outdoor area overlooking the fully fenced yard, ideal for kids & pets.
- Double garage with internal access & additional off-street parking on the drive
- Modern ceiling fans throughout plus Solar & rainwater tank
- Low-maintenance 495 m² (approx.) block with side pedestrian access
- Close to Varsity College, parks, shops & public transport.
- Short drive to Robina Town Centre & Burleigh Heads Beach
- Close by to Frascott Park, great schools & Treetops Shopping Centre
- Also close too Tamero restaurant & the very popular Home Plate Kitchen Cafe
Whether you're looking for a comfortable place to call home, or a smart addition to your portfolio, this property ticks all the right boxes and is a must to inspect.
Listing description written by Will West, Lacey West — reproduced as published, not verified by Districts.