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 › Brier Cres
$1,302,000
Last sold
16 May 2026
3
Bedrooms
2
Bathrooms
3
Car spaces
708 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
$1,302,000
16 May 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
-6.3%
Median sale
Suburb $1,389,182
+0.21 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
UnknownArea
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 Ray White TMGThere are several reasons I think this home is a phenomenal buy. Firstly, you can't go past that massive backyard, which is big enough to fit a large pool and also have a great game of backyard cricket, a game of soccer and for kids/dogs to run around, as well as the dual access from Brier Crescent and Laura Place, meaning that there is potential to develop the block from each side. There is also a large 6x7 shed with a full bathroom, which the owners have converted into a fourth bedroom for guests and storage.
The balcony leading from the open kitchen is a massive feature. With an elevated deck, integrated bbq and servery. It's the ideal spot to entertain family and friends and look over the kids as they burn off energy.
Inside, there are 3 bedrooms, plus a renovated bathroom and as previously mentioned an open kitchen with plenty of storage, laundry and living.
The geography is a huge bonus. 10 Minutes to Burleigh beach, minutes to Stockland Shopping Centre, Robina Town Centre, the M1 motorway, the best schools and in arguably the best position in the Gold Coast.
Opportunity and potential are the key words for this home and in this area which is still so undervalued, coupled with the amazing proximity to the beach, this is an absolute no brainer!!
This house WILL BE SOLD ON or BEFORE auction so please call me on 0475 046 561 for any further details or to organise a time to walk through.
HIGHLIGHTS:
Solid Single Storey home on a 708m2 block
Dual access from Brier Crescent and Laura Place
4 Bedrooms/2 Bathrooms/Double tandem carport + extra concreted pad for cars/campers/trailers
11x3.6m Deck
Rear double doors opening onto the deck for inside/outside entertaining.
Servery window to deck
3.15m kitchen Island bench with servery seating
Dual access to the property
Concord security back to base system including 4 x camera
Ring doorbell and security camera/light
Air conditioning in living areas
8.58kw solar system
4000L slim line water tank with pump for the garden hose.
Built in beef eater bbq
Fantastic investment in a high growth and still growing area
So close to Burleigh Beach, Robina Town Centre, Marymount College, Caningeraba State School, the M1, Treetops shopping village and entertainment, the airport and plenty more….
POTENTIAL INCOME:
Rental potential: $1000-$1100 per week (approx.)
Airbnb/Stayz: $200-$550 per night (entire home per night depending on season)
SCHOOL CATCHMENT ZONE:
Caningeraba State School
Varsity College Senior School
Bond University
DISTANCES:
Bus Stop - 150 m
Local Shopping Centre - 5 km
Major Shopping Centre - 3.8 km
Primary School - 2.9 km
High School - 5.5 km
Parkland - 350 m
Lake Orr - 2.9 km
Highway -9.6 km
Train Station - 4.3 km
Beach - 6.9 km
Hospital - 5 km
Disclaimer: Downstairs living area (possible granny flat) is not currently registered as a separate dwelling and may be subject to council approval. Purchasers are advised to make their own enquiries and satisfy themselves as to any requirements or restrictions in relation to use and compliance with the relevant local authority.
This property is being sold 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. In preparing this information for this property we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Any photographs show only certain parts of the property as it appeared at the time they were taken. Areas, amounts, measurements, distances and all other numerical information is approximate only. Potential buyers should make their own inspections and enquiries and seek their own independent legal advice before signing a contract of sale, to satisfy themselves that all details relating to the property are correct.
Listing description written by Greg Corcoran, Ray White TMG — reproduced as published, not verified by Districts.
Nearby 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.