Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

QLD › Varsity Lakes › Southlake Dr

56 Southlake Dr, Varsity Lakes QLD 4227

House

$1,660,000

Last sold

21 July 2026

4

Bedrooms

2

Bathrooms

3

Car spaces

432 m²

Land

212 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,660,000 (21 July 2026).(Recorded sale)
  • CalculationRecorded House sales in Varsity Lakes (last 5 years) with land size: median $2,947/m² of land (n=53). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$1,660,000

21 July 2026 · derived via latest_sale

Local land rate: recorded House sales in Varsity Lakes (last 5 years) with land size have a median of $2,947/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.

See the full Varsity Lakes report →

Vs Varsity Lakes

+19.5%

Median sale

Suburb $1,389,182

-0.53 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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Sold$1,660,00021 July 2026
  2. Listedprice unknowncompleted8 June 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Varsity Lakes in one glance

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.

See the full Varsity Lakes report →

Keep researching

  • Why Varsity Lakes? Read the area thesis →
  • What else is on the market in Varsity Lakes →
  • Other records on Southlake Dr →

Listing material

Listed by PRD Burleigh Heads

Turn-Key Renovated Masterpiece with Resort-Style Entertaining

Welcome to 56 Southlake Drive – a beautifully refined family residence, meticulously renovated to deliver elevated luxury, functionality, and a seamless connection between indoor and outdoor living.

Anchored by a striking vaulted ceiling, custom skylight atrium floods the central living spaces with natural light and creates an extraordinary sense of openness and grandeur. Thoughtfully designed for modern family living, the home offers multiple living zones, allowing space for both connection and privacy.

Upon entry, a striking floor-to-ceiling natural stone feature wall creates an unforgettable statement, adding texture, warmth, and timeless coastal elegance while setting the tone for the quality found throughout the residence.

Read the full description

The designer kitchen is a true statement piece, appointed with premium stone benchtops, integrated Smeg appliances, Integrated LED backlighting, brushed ABI tapware and matching hardware throughout, and a feature pot filler that balances function with refined design. Expansive bifold doors dissolve the boundary between indoors and out, opening to a stunning entertaining deck and fully equipped outdoor kitchen with plumbed gas and water, outdoor fans, all overlooking the pool to create a resort-style entertaining experience.

Encased by manicured gardens, mature palms, and high fencing ensuring complete privacy, the outdoor setting has been curated to deliver a true resort-inspired experience, enhanced by a desirable north-facing aspect that captures natural light and year-round warmth. Complete with side access to a rear shed and extensive space for recreational vehicles, every element has been designed to elevate lifestyle and liveability.

Positioned in one of Varsity Lakes' most tightly held pockets, moments from leading schools, shopping, transport, parklands, and the Gold Coast's world-class beaches, this is a rare opportunity to secure a truly turn-key home of exceptional quality.

Features:

• Four spacious bedrooms with custom built-in joinery throughout

• Master suite with beautifully appointed ensuite

• Designer kitchen featuring stone benchtops, premium integrated Smeg appliances including fridge, freezer, dishwasher, induction cooktop, oven, and integrated LED backlighting, delivering a seamless high-end finish

• Brushed copper ABI tapware and a pot filler for added functionality and style

• Striking vaulted ceiling with custom skylight atrium creating an abundance of natural light

• Floor-to-ceiling natural stone feature wall creating a stunning architectural façade

• Multiple living areas providing flexibility for growing families

• Built-in office space perfect for working from home

• Custom built-in entertainment unit

• Premium solid timber flooring throughout

• Square set ceilings enhancing the home's modern architectural appeal

• Ducted air conditioning with Wi-Fi connectivity and smartphone control

• Brand-new windows and glazing throughout

• Expansive bifold doors delivering seamless indoor-outdoor living

• Covered outdoor entertaining deck overlooking the pool, ideal for entertaining

• Outdoor kitchen complete with sink and direct gas connection

• Outdoor fans for year-round comfort

• Outdoor hot and cold shower

• Spacious laundry with stone benchtops and extensive storage

• Fully rendered exterior

• Aluminium front gate and high fencing providing privacy and security

• Side access to single-bay shed, ideal for a jet ski, trailer, caravan or workshop

• Oversized double carport

• Fully fenced yard, ideal for relaxed entertaining, pets, and family enjoyment

• Provision for pool heating already in place

• Beautifully landscaped gardens with established palms and manicured lawns

Prime Location:

• Zoned for both Varsity College & Caningeraba State School

• 5 minutes to Bond University

• 10 minutes to Burleigh Heads Beach

• 9 minutes to Robina Town Centre

• Short stroll to Frascott Park, Lake Orr walking trails and local parklands

• A stone's throw from Christine Corner shops for everyday convenience

• Minutes to Varsity Lakes Train Station

• Easy access to cafes, restaurants and major transport links

Set within a prestigious and family-friendly enclave of Varsity Lakes, this remarkable residence offers a rare combination of architectural sophistication, premium finishes and practical family living. Every detail has been carefully curated to create a home that is as functional as it is beautiful, delivering an unrivalled lifestyle opportunity in one of the Gold Coast's most sought-after locations.

Listing description written by Luke Wright, PRD Burleigh Heads — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Broadband
  • Dishwasher
  • Fully Fenced
  • Living Areas: 2
  • Outdoor Entertaining
  • In-Ground Pool
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.