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 › Christine Ave
$900,000
For sale
Asking
3
Bedrooms
2
Bathrooms
4
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
$900,000
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
-35.2%
Median sale
Suburb $1,389,182
+1.74 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.
$40,825 on top of the price (4.5% 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 5.0%. 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 Harts Property3 Bed | 2 Bath | 4 Car | Pet Friendly | Large Outdoor Areas | Walk to Shops | Short Stroll to Lake Orr
Whether you're entering the property market, downsizing without sacrificing space, or looking for a quality investment, this spacious townhouse offers an outstanding combination of comfort, convenience and low-maintenance living.
Positioned in a sought-after Varsity Lakes location, the home features three bedrooms, two bathrooms, generous living spaces, accommodation for up to four vehicles and the rare bonus of large front and rear outdoor areas. Offering the space of a house with the convenience of townhouse living, this property is ideal for families, professionals, retirees and investors alike.
Enjoy easy access to schools, shopping centres, public transport, parks and everyday amenities, while benefiting from a pet-friendly environment. Take advantage of the nearby walking and cycling tracks surrounding Lake Orr, providing the perfect setting for morning exercise, afternoon strolls or simply enjoying the outdoors.
With strong rental appeal and an excellent location, this is an opportunity not to be missed.
Why You'll Love It:
Spacious two-storey townhouse
Large exclusive-use front and rear yards
Parking for up to four vehicles
Air-conditioned living and master bedroom
Pet-friendly complex
Bus stop virtually at your doorstep
Walking and cycling tracks around Lake Orr nearby
Close to schools, shops, parks and transport
Currently rented at $850 per week
KITCHEN:
Spacious, light-filled, with laminated benchtops, separate pantry, electric cooktop, electric oven, standard rangehood, dishwasher, double sink.
LIVING:
Combined lounge/dining, split-system air-conditioning.
BEDROOMS:
Bed 1: Ensuite, walk-in robe, carpet, air conditioning, ceiling fan, front yard view, elevated view of area from balcony.
Bed 2: Double built-In robe, carpet, ceiling fan, elevated view of area.
Bed 3: Double built-in robe, carpet, ceiling fan, garden view, backyard view.
BATHROOM:
Bath, separate shower.
TOILETS:
Two separate toilets.
UTILITIES:
Two linen cupboards, electric hot water system, separate laundry room, under-stairs storage.
OUTDOORS:
Large backyard, clothes line, large front yard, single lock-up garage, plus off-street parking for three cars
SIZES:
Land - 293 m2
House - 176 m2
Bed One – 4.7 m x 3.3 m
Bed Two – 3.0 m x 3.2 m
Bed Three – 3.0 m x 3.0 m
Lounge – 4.8 m x 4.0 m
Dining – 3.5 m x 4.7 m
Garage – 3.0 m x 5.6 m
INCOME ESTIMATE:
Currently rented at $850 per week
Lease ends 17/11/2026
EXPENSES:
Council Rates: $1398 per six months
Water Supply: $560 per quarter
Body Corporate: $153.84 per week (paid quarterly)
SCHOOLS:
Varsity College - A Prep to Year 12 school
Mastery Schools Australia Varsity Lakes
Arcadia College
FEATURES & OPTIONS:
Air-Conditioning
Ensuite
Built-In Robes
Fully Fenced
Gate access from Christine Ave
Complex amenities with a pool and BBQ area
DISTANCES:
Bus Stop – 8 m
Local Shops – 1.6 km
Major Shopping Centre – 5 km
Primary School – 1.7 km
High School – 4.2 km
Lake Orr – 160 m
MI Access – 1.6 km
Train Station – 3.4 km
Beach – 4.3 km
SUBURB PROFILE - VARSITY LAKES
Varsity Lakes was created in 2002 when the suburb of Stephens was amalgamated with Andrews and a section of Robina to form a new fully planned community.
The suburb is conveniently located around 13 kilometres from Surfers Paradise and less than a seven-minute drive from Burleigh Beach. Close proximity to the Pacific Motorway and Robina train station makes Varsity Lakes easily accessible.
Situated on Lake Orr and alongside Bond University, Varsity Lakes features an extensive network of beautifully presented waterways and recreational parks, which are linked by more than 20 kilometres of walking and bike trails. New and existing houses, units, and townhouses are available for sale or rent throughout the suburb.
Varsity College provides education from preschool to Year 12, and a range of additional education options are available in nearby suburbs. Cafes, restaurants, and a range of retail outlets are on offer at Lakefront Market Square, and a burgeoning business district is located at Varsity Central, providing local employment opportunities.
Listing description written by Jim Hart, Harts Property — reproduced as published, not verified by Districts.