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 › North Shore Ave
$1,700,000
Last sold
22 Apr 2026
4
Bedrooms
2
Bathrooms
4
Car spaces
637 m²
Land
188 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
$1,700,000
22 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
+22.4%
Median sale
Suburb $1,389,182
-0.59 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 Belle Maison Realty🌿 45 Northshore Avenue, Varsity Lakes
Perfectly positioned on a prized 637m² corner block directly opposite Varsity Foreshore Park and beautiful Lake Orr, this exceptional residence offers a rare opportunity to secure a home in the tightly held “Dress Circle” of Varsity Lakes.
Originally constructed circa 2001/2002 as a display home and owner-occupied since 2008, this meticulously maintained property combines refined comfort, modern upgrades and effortless indoor-outdoor living.Fully renovated internally in 2018, the home features 2.7m ceilings and full-length black tinted windows that create a sense of light and space.
Wake to cooling south-easterly breezes drifting across Lake Orr, with east-facing living areas designed to maximise natural light and airflow. Directly opposite parklands and waterfront walking tracks, the setting offers a serene yet connected lifestyle just moments from schools, cafés, shopping and transport.
Fully fenced, private and secure, the home delivers peace of mind with Amplimesh security screens throughout and a double lock-up garage with automatic panel lift door.
The spacious master retreat offers generous proportions and has been thoughtfully designed as a private sanctuary, complete with a walk-in robe and a stylish ensuite featuring dual showers. A ceiling fan and Panasonic inverter air-conditioning ensure year-round comfort.
Bedrooms two, three and four are all well-sized and include built-in robes and ceiling fans, making them ideal for family living, guests or a home office setup.
Designed for effortless year-round enjoyment, the outdoor living zone is a true showpiece of the home — a private retreat where entertaining and relaxation come together seamlessly.
The expansive 75m² covered entertaining area, freshly recoated in December 2025, provides the perfect setting for long lunches, family gatherings or evening drinks by the water. Flowing beautifully from the main living area, this space connects to a substantial detached gazebo, thoughtfully appointed with weather blinds for protection, a stainless steel ceiling fan, dimmable lighting, water connection and convenient power points — creating an inviting all-weather entertaining pavilion.
At the heart of the outdoor space lies the impressive fibreglass saltwater SwimSpa, designed for both relaxation and exercise. Framed by newly installed limestone coping (December 2025) and complemented by upgraded pool equipment including pump, filter and chlorinator (June 2025), the entire area feels fresh, modern and meticulously maintained.
Frameless glass fencing with a soft-close gate enhances both safety and visual appeal, while shade sails positioned over the pool and along the western side of the home provide comfort and protection throughout the warmer months.
Private, stylish and exceptionally well appointed, this outdoor sanctuary delivers a true resort-style lifestyle at home.
Property Features
Main bathroom with separate bathtub and shower
Separate laundry
Linen storage cupboard
Flooring
Timber-look porcelain tiles (“Nordic Timber Latte”)
Shaw Life waterproof carpet (“Shark Fin Grey”)
Decorative On-Crete outdoor coating (“Shale Grey”)
Full external repaint including roof (October 2025)
Roof insulation batts + 2 whirlybirds for ventilation
7,500L galvanised water tank (colour-matched)
Freestanding Colourbond garden shed
Low-maintenance gardens with established screening trees and hedges
NBN Fibre to the Premises (FTTP)
2 x Aruba Instant-On internal Wi-Fi access points
Brand new Good We 10.5kW solar system (24 panels)
12.8kWh battery storage (installed October 2025)
Energy-efficient living meets modern connectivity — ideal for families and remote professionals alike.
EvoHeat 270 heat pump hot water system (June 2019)
A Rare Opportunity
Homes in this premium lakeside enclave are tightly held and seldom offered. With extensive upgrades already completed and nothing left to do, this is a move-in-ready lifestyle property of genuine quality.
📩 For Sale by Expression of Interest – Closing 23 March 2026
Contact us today to arrange your private inspection and secure your place in one of Varsity Lakes' most desirable addresses. Ludovic Mahu 0481 466 688
Disclaimer:
While we have made every effort to ensure the information provided is accurate and reliable, we cannot guarantee its completeness or correctness. We accept no responsibility for any errors, omissions, or inaccuracies that may occur. Prospective buyers are encouraged to conduct their own due diligence to verify the information.
Listing description written by Ludovic Mahu, Belle Maison Realty — reproduced as published, not verified by Districts.