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 › Watts Dr
$1,706,000
Last sold
11 July 2026
4
Bedrooms
2
Bathrooms
4
Car spaces
196 m²
Building
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
$1,706,000
11 July 2026 · derived via latest_sale
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
+22.8%
Median sale
Suburb $1,389,182
-0.60 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 Ray White RobinaNo Body Corporate Fees | Absolute Lake Lifestyle | Auction 11 July 2026 10.30am
Opportunities like this don't last. With direct access to the Lake Orr boardwalk, breathtaking water views, and the rare advantage of owning both the house and land, this is one of Varsity Lakes' most compelling offerings.
Slices of real estate on Watts Drive rarely come to market and for good reason. As soon as you drive through the vibrant market square and its chic restaurants and cafe scene you'll enter a private enclave of waterfront homes that not only express character but also offer a peace and serenity on the water that's hard to find in Varsity Lakes.
Wake up to sparkling lake vistas, cooling easterly breezes, and a lifestyle many dream of but few secure. Fish from your private jetty, kayak on the lake, or step straight onto kilometres of walking and cycling paths right from your doorstep.
Perfectly positioned within walking distance of Market Square dining, Bond University, cafes, shops, Varsity College, and everyday conveniences, this versatile home combines lifestyle, flexibility, and location in one exceptional package.
The unique upstairs-downstairs layout creates exciting possibilities for families, remote workers, or those seeking a council-approved home business setup with permitted signage and dual access from both Watts Drive and the Lake Orr boardwalk.
Highlights:
House and land title - No Body Corporate Fees
Spectacular Lake Orr views
Direct boardwalk and lake access
Private jetty for fishing and recreation
Spacious master suite with ensuite, balcony and two walk-in robes
Two generous children's bedrooms
Two bathrooms plus powder room
Council-approved home office/business space
Miele appliances (Dishwasher/Oven) along with the 5-burner Smeg gas cooktop
Solar system
Steel frame construction
Modern kitchen with 5-burner Smeg gas cooktop
Ducted air conditioning
Multiple indoor and outdoor living zones
4 Car lock-up garage plus additional storage
Low-maintenance, lock-and-leave lifestyle
Multiple sunny spaces for potted herbs, a garden, or your favourite chair to take in the views
Location:
On the Lake
100m to cafes, restaurants and shops
800m to Bond University
400m walk to Varsity College
4.1km to Robina Town Centre
7.5km to Gold Coast beaches
3.4km to Varsity Lakes Train Station
Fast Facts:
Rates:$269.49
Water:$387.00
Rental Returns: Complete house $1500 pw (Approx.)
Rent Commercially, Combined or separately $1800 (approx)
Listing description written by Jon Paul, Ray White Robina — reproduced as published, not verified by Districts.