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 › Poinsettia Pde
$960,000
Last sold
16 Dec 2025
3
Bedrooms
1
Bathrooms
3
Car spaces
704 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
$960,000
16 Dec 2025 · 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
-30.9%
Median sale
Suburb $1,389,182
+1.43 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.
Nearby
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 LtdTucked away in a peaceful residential pocket, this beautifully presented brick and tile home is the perfect opportunity to secure your slice of the Gold Coast. With a solid construction, modern updates, and a spacious 704m² block, this property offers comfort, practicality, and plenty of room to grow — all within 5 kilometres to Burleigh Heads beach.
From the moment you step inside, you'll appreciate the warm and inviting atmosphere. The open-plan living and dining areas are complemented by timber-look vinyl flooring and large windows that fill the home with natural light. The renovated stone-bench kitchen is both stylish and functional, featuring a 900mm chef-style oven, quality appliances, a dishwasher, and an abundance of storage and bench space — perfect for the budding chef.
The updated bathroom continues the home's modern theme, offering a fresh, clean aesthetic, while the generously sized bedrooms provide comfortable, private retreats for the whole family.
Step outside to a useable front or rear yard where the possibilities are endless. Whether you envision building a pool, (STCA) creating an outdoor entertaining oasis, or simply enjoying the open green space, this property gives you the flexibility to make it your own. The undercover decked alfresco area out back provides the perfect spot for barbecues, morning coffee, or watching kids or pets play. With a rear yard backing onto Jim Harris Park, the home enjoys easy access to green, tree-filled open spaces that offer plenty of options for walking, exercise, and outdoor relaxation. The property also features garden sheds for extra storage and a magnificent Bowen mango tree, offering beautiful shade and a generous harvest every other summer — a true backyard treasure.
With its combination of land size, location, and lifestyle appeal, this home presents exceptional value for first-home buyers, young families, or savvy investors alike. Move straight in and enjoy, or explore the potential to further enhance, extend, or rebuild down the track (STCA), the options are wide open.
Features include:
• Solid brick & tile construction
• Large, renovated kitchen with stone benchtops, dishwasher & 900mm oven
• Open-plan living and dining areas with timber-look vinyl flooring
• Updated bathroom
• Expansive 704m² fully usable block
• Outdoor undercover decked alfresco area – ideal for entertaining
• Garden sheds for tools and storage
• Single carport with additional off street carparking for 2 cars
• 5km to Burleigh Heads Beach & James Street dining precinct
• Less than 1km to shops and supermarket
• 15km to Coolangatta Airport
This home truly offers the best of both worlds — space and privacy in a quiet neighbourhood, with the vibrant Burleigh lifestyle just minutes away. Enjoy being close to world-class beaches, trendy cafés, local schools, shopping centres, and convenient transport links.
Properties combining this level of quality, potential, and proximity to the coast are becoming increasingly rare. Whether you're looking to move in, invest, or plan for future growth, this property is a smart and rewarding choice.
Don't delay — opportunities like this don't come around often!
*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.