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 › Valbonne Ave
$1,200,000
For sale
Asking
3
Bedrooms
2
Bathrooms
2
Car spaces
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
Asking
$1,200,000
Asking
No recorded sale for this property.
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
-13.6%
Median sale
Suburb $1,389,182
+0.50 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.
$58,222 on top of the price (4.9% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Varsity Lakes's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 3.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Harcourts Property HubPositioned within the exclusive Azzurra Island community, this house-sized residence delivers the generous proportions of a family home with the convenience of low-maintenance apartment living. Offering three spacious bedrooms, a separate media room, multiple balconies, lift access, a resort-style swimming pool and a beautifully presented interior, this rare opportunity is positioned within one of Varsity Lakes' most tightly held boutique developments.
Designed to maximise space, natural light and effortless indoor-outdoor living, the expansive open-plan living and dining areas flow seamlessly onto a generous covered entertaining balcony, creating the perfect setting to relax or entertain while enjoying peaceful parkland views. Timber-look flooring enhances the warmth and practicality of the home, complemented by fresh paint throughout. The expansive kitchen takes centre stage at the heart of the home, showcasing granite benchtops, VJ feature panels, quality appliances including a Westinghouse dishwasher, a brand-new cooktop and kitchen tap, plus abundant pantry and storage space.
Privately positioned, the impressive master suite enjoys direct access to a large covered balcony overlooking the pool, a generous walk-in robe and a well-appointed ensuite featuring a double vanity, oversized shower, bathtub and stylish VJ feature panels. Two additional bedrooms are generously proportioned, each complete with built-in wardrobes and ceiling fans, while the separate media room with built-in cabinetry provides exceptional flexibility as a second living area, home office or potential fourth bedroom.
Offering the scale and comfort often associated with a freestanding home, combined with the security and convenience of apartment living, this exceptional residence will appeal to families, professionals, downsizers seeking space without the upkeep, and investors looking to secure a premium property within one of Varsity Lakes' most sought-after waterfront communities.
Features You'll Love:
- Boutique complex "Park Azzurra" consisting of only 17 apartments and only two residences per floor
- House-sized floor plan with three spacious bedrooms plus a separate media room
- Expansive open-plan living and dining areas with fantastic indoor-outdoor flow
- Large covered entertaining balcony with tranquil park views and easterly sun
- Enormous kitchen with granite island bench top, VJ feature panels, Westinghouse dishwasher, brand new cooktop and excellent storage
- Impressive master suite with private covered balcony overlooking the pool, walk-in robe and spacious ensuite featuring double vanity, oversized shower and bathtub
- Generous sized Bedroom 2 with green floral feature wallpaper and built-in wardrobe
- Bedroom 3 with Hinterland views and built-in wardrobe
- Flexible media room with built-in cabinetry, second living area or potential fourth bedroom
- Timber-look flooring throughout and carpeted bedrooms and media room
- Large full-size laundry with tiled backsplash
- Separate powder room plus main bathroom with single vanity and shower
- High ceilings
- Air conditioning and ceiling fans
- Freshly painted throughout
- VJ feature panels
- Two secure basement car spaces (tandem parking)
- Secure gated complex with CCTV
- Pet friendly (subject to body corporate approval)
- Resort-style swimming pool
Location Highlights:
- Set within the exclusive Azzurra Island community
- Surrounded by picturesque waterways, parklands and walking tracks
- Within the highly regarded Varsity College catchment
- Walking distance to local shops, cafés and Aldi
- Minutes from Varsity Lakes Train Station
- Approximately 5 minutes to Robina Town Centre and Robina Hospital
- Easy access to the M1 Motorway
- Approximately 10 minutes to Burleigh Heads and Miami beaches
Combining house-sized proportions, peaceful surroundings and an enviable Azzurra Island address, this impressive residence offers an exceptional lifestyle opportunity within one of Varsity Lakes' most tightly held communities.
Whether you're searching for your forever home, a lock-and-leave lifestyle with room to move, or a quality investment in a blue-chip location, this is an opportunity not to be missed. Early inspection is highly recommended. Contact Geoff Cusack on 0411 417 958 today to arrange your private inspection.
Disclaimer: Please note that digital furniture has been used for illustrative purposes, and an in-person inspection is recommended.
Price Disclaimer: This property is being sold without a price & therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only.
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.
* denotes approximate measurements.
Listing description written by Geoff Cusack, Harcourts Property Hub — reproduced as published, not verified by Districts.