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 › Roundelay Dr
3
Bedrooms
1
Bathrooms
3
Car spaces
409 m²
Land
138 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Varsity Lakes (last 5 years) with land size have a median of $2,993/m² of land (n=54). 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.
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 COASTAL ° RobinaPOSITIONED IN THE HIGHLY SOUGHT-AFTER VARSITY COLLEGE CATCHMENT
Welcome to 5 Roundelay Drive, Varsity Lakes, a beautifully renovated family home located within the highly desirable Varsity College school catchment, a major drawcard for families seeking quality education options and strong long-term value. Set in a quiet, family-friendly street, this move-in-ready residence has been thoughtfully upgraded to deliver comfort, energy efficiency, and peace of mind.
From the moment you arrive, the home makes an immediate impression with its freshly painted and fully repointed tiled roof, upgraded gutters, and wide painted driveway leading to an insulated Colourbond double carport. With off-street parking for up to six vehicles, there is ample space for family cars, visitors, boats, trailers, or work vehicles, a rare and highly practical feature for growing families.
WARM, INVITING INTERIORS IDEAL FOR FAMILY LIFE
Inside, the home feels light, bright, and welcoming. Fresh white paint throughout, combined with downlights and excellent natural light, creates a calm and contemporary atmosphere. Year-round comfort is assured with Cool & Cosy roof insulation and two Mitsubishi industrial reverse-cycle air conditioners, keeping the home comfortable in every season.
Each bedroom has been designed with family living in mind, featuring:
• Floating hybrid flooring for durability and easy care
• Beacon wooden ceiling fans
• TV points in every bedroom
• Thoughtfully positioned lighting
These versatile spaces are ideal for children's bedrooms, guest accommodation, or a home office as family needs evolve.
FAMILY-FRIENDLY KITCHEN AT THE HEART OF THE HOME
Centrally positioned, the Freedom-designed and installed white kitchen connects seamlessly with the living and dining areas, making it perfect for everyday family life. Featuring quality appliances and generous workspace, it includes:
• Westinghouse dishwasher
• Electrolux 60cm ceramic cooktop
• Bosch 60cm fan-forced oven
This is a kitchen designed for busy mornings, family dinners, and entertaining alike.
BEAUTIFULLY RENOVATED BATHROOM FOR EVERYDAY EASE
The fully renovated bathroom features floor-to-ceiling tiling and a practical double vanity, ideal for family routines. The separate toilet is also tiled floor to ceiling, ensuring both functionality and consistency in finish.
A 4-in-1 Mistral fan with heat, light, and exhaust provides year-round comfort and ventilation.
OUTSTANDING SECURITY FOR FAMILY PEACE OF MIND
Security has been carefully considered to provide confidence for families at home and away, including:
• Australian-made aluminium plantation shutters to all windows (excluding bathroom and toilet)
• Key-operated locks on all windows
• Deadlocks to the front door and garage back door
• Triple-lock security screens to the front door and sliding doors (Crimsafe-style)
• Security screen to the main bedroom window (Crimsafe-style)
• Interconnected smoke alarms throughout all bedrooms, living areas, and hallway
EASY INDOOR-OUTDOOR LIVING FOR FAMILY TIME
The outdoor areas are ideal for relaxed family living. An insulated outdoor patio with downlights and dimmer creates the perfect setting for family meals, weekend BBQs, or supervising children at play. The rear patio and side of the home have been fully cemented, sealed, and painted, offering safe, low-maintenance outdoor spaces.
The backyard also includes:
• Garden shed
• Established fruit trees including lemon, lime, blueberry, orange, and dragon fruit, a wonderful feature for families who enjoy outdoor living and home-grown produce
PRACTICAL FEATURES FOR BUSY FAMILY LIFESTYLES
Designed to support everyday family needs, the home also offers:
• Fully painted single lock-up garage, including floors
• Wooden storage shelving in the garage
• Insulated Colourbond double carport
• Double lock-up Colourbond gate providing secure side access
• Full drainage system installed around the property, connected to downpipes with retaining walls
• 10-amp power point and safety switch in the meter box
ENERGY-EFFICIENT LIVING WITH LONG-TERM BENEFITS
Families will appreciate the focus on sustainability and reduced running costs, with features including:
• 10.1kW solar system with Sungrow inverter
• Solahart solar hot water system
5 Roundelay Drive, Varsity Lakes presents an outstanding opportunity for families to secure a move-in-ready home in the highly sought-after Varsity College catchment. Combining quality renovations, family-focused design, strong security, and an excellent educational location, this is a home where families can settle in and thrive for years to come.
Disclaimer: We have in preparing this information 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 misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Listing description written by Gavin Trewin, COASTAL ° Robina — reproduced as published, not verified by Districts.