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 › Majorca Cres
$1,742,000
Last sold
2 Apr 2026
5
Bedrooms
3
Bathrooms
8
Car spaces
887 m²
Land
435 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
$1,742,000
2 Apr 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
+25.4%
Median sale
Suburb $1,389,182
-0.66 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 RobinaWILL BE SOLD ON OR BEFORE AUCTION - NEXT THURSDAY APRIL 2ND - ALL GENUINE OFFERS CONSIDERED PRIOR
Perfectly positioned in the heart of sought-after Varsity Lakes, this expansive five-bedroom residence delivers the ultimate family lifestyle with space, comfort and effortless indoor-outdoor living.
Designed for both relaxed family living and entertaining, the home offers an impressive selection of living zones including a dedicated home theatre and three additional living areas. A grand lounge room with soaring vaulted ceilings and an abundance of natural light creates an inviting central hub, while another of the living spaces flow seamlessly out to the outdoor entertaining area and resort-style pool.
The 3rd living area conveniently runs off the 3 bedrooms making this a perfect play area or teenage retreat, keeping family zones seperate from formal entertaining areas.
At the heart of the home, the large kitchen and bar area provides plenty of space for entertaining and everyday family life, overlooking the living and outdoor areas to ensure you're always connected with family and guests.
The luxurious master suite is truly a private retreat, generously sized to accommodate both a king bed and sitting area. It features a large walk-in robe and an oversized ensuite complete with double vanity, spa bath, separate toilet and direct access to the outdoor entertaining and pool area. A second bedroom is ideal for guests or extended family, offering its own ensuite and walk-in robe, while the remaining bedrooms all feature large built-in robes and are serviced by a well-appointed family bathroom, plus a convenient powder room.
Set on a low-maintenance block, the outdoor area is designed for easy living with a large in-ground pool, covered entertaining space and established fruit trees including mango, lemon and banana.
Additional features include ducted air-conditioning, solar panels, high ceilings throughout, a double lock-up garage, two additional covered parking spaces under sails, plus ample off-street parking for extra vehicles, a boat or caravan.
This is a rare opportunity to secure a substantial family home with exceptional entertaining spaces in one of Varsity Lakes' most desirable pockets.
Features include:
• Five spacious bedrooms
• Master retreat with sitting area, large walk-in robe and spa ensuite
• Guest bedroom with ensuite and walk-in robe
• Three additional bedrooms with large built-in robes
• Three bathrooms plus additional powder room
• Dedicated home theatre
• Three additional living areas
• Grand lounge with vaulted ceilings and abundant natural light
• Large kitchen with bar area
• Seamless indoor-outdoor entertaining
• Resort-style in-ground pool
• Ducted air conditioning throughout
• Solar panels
• Double lock-up garage
• Two additional covered car spaces under sails
• Ample off-street parking for boat, caravan or additional vehicles
• Established mango, lemon and banana trees
• Low maintenance block
Listing description written by Natalie Mayne, Ray White Robina — 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.