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
$875,000
For sale
Asking
2
Bedrooms
2
Bathrooms
1
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
$875,000
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
-37.0%
Median sale
Suburb $1,389,182
+1.88 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.
$39,607 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 5.1%. 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 Hub*** Video Walk Through on Facebook - Varsity Lakes Property Group ***
Proudly presented by Mitch Harrop, welcome to 1119/397 Christine Avenue, Varsity Lakes, a beautifully maintained apartment within the highly regarded South Lakes complex. Offering a spacious layout, quality finishes and an oversized undercover balcony, this first-floor residence provides an easy-care lifestyle with a peaceful leafy outlook and plenty of privacy.
At the heart of the home is the open-plan living and dining area, enhanced by a striking mirrored feature wall that adds depth and reflects natural light throughout the space. The living area extends effortlessly to the generous undercover balcony, creating an ideal setting for relaxing or entertaining. The contemporary kitchen features stone benchtops, premium Miele appliances, a plumbed fridge space, LED lighting and excellent storage.
The master bedroom is a comfortable retreat with direct balcony access, a generous his-and-her walk-in wardrobe and stylish ensuite featuring a double vanity, stone benchtops and subway tiling. The second bedroom is equally versatile, complete with bi-fold doors and a triple built-in wardrobe, while the main bathroom services the remainder of the home. Zoned ducted air conditioning provides year-round comfort.
Set within one of Varsity Lakes' most sought-after communities, you're just moments from Lake Orr, Bond University, Varsity College, local cafés, restaurants and public transport. With nothing to do but move in and enjoy, this is an outstanding opportunity for those seeking quality, convenience and low-maintenance living in a premier Varsity Lakes location.
Boasting Property Features:
• Spacious first-floor apartment within the sought-after South Lakes complex
• Oversized undercover balcony with a private leafy outlook
• No neighbouring apartments looking directly into the property
• Modern kitchen with stone benchtops and premium Miele appliances
• Plumbed fridge space, LED lighting and excellent kitchen storage
• Open-plan living and dining with seamless connection to the balcony
• Master bedroom with balcony access, his-and-her walk-in wardrobe and ensuite
• Ensuite with double vanity, stone benchtops and subway tiling
• Second bedroom with bi-fold doors and triple built-in wardrobe
• Zoned ducted air conditioning throughout
• Secure basement car space
• Built in 2017, offering modern construction and low-maintenance living
Body Corporate Fees: Approx. $95 Per Week
Council Rates: Approx. $1,245 Bi-Annually
Water Rates: Approx. $450 Per Quarter
Rental Appraisal: Approx. $825 - $900 Per Week
Building and Pest Report available upon request.
'South Lakes' Complex Features:
• Swimming pool, sauna and BBQ facilities
• Fully equipped gym and resident recreation areas
• Private cinema room and Golf Simulator for residents' enjoyment
• Beautifully landscaped gardens with direct access to lakeside walking paths
• Secure complex with onsite management
Boasting Location Features Include:
• Over 5km of picturesque Lake Orr walking and cycling paths
• Easy walk to Bond University, Varsity schools, Aldi, cafés and public transport
• Within the highly sought-after Varsity College Primary and Secondary catchment zones
• Approximately 10 minutes to Burleigh Heads and the Gold Coast's world-famous beaches
Why Choose Varsity Lakes?
Varsity Lakes continues to stand out as one of the Gold Coast's premier lifestyle suburbs, offering a unique blend of luxury, convenience, and community. Nestled around the picturesque Lake Orr, it features scenic walking tracks, parks, and vibrant cafés that encourage a relaxed, family-friendly atmosphere. Home to the esteemed Varsity College and within walking distance to Bond University, it's a location that appeals to both families and investors. With easy access to Robina Town Centre, transport links, and the M1, Varsity Lakes represents the ideal balance of lifestyle, connectivity, and long-term value.
For more information, contact the Number 1 Agent in Varsity Lakes & Robina, Mitch Harrop today!
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 Mitch Harrop, Harcourts Property Hub — reproduced as published, not verified by Districts.
Also look at
U1117, 397 Christine Ave, Varsity Lakes QLD 4227
2-bed apartment. Currently listed.
U1209, 397 Christine Ave, Varsity Lakes QLD 4227
2-bed apartment. Asking $1.1M.
U2, 254 Christine Ave, Varsity Lakes QLD 4227
3-bed unit. Currently listed.
3307/397 Christine Ave, Varsity Lakes QLD 4227
2-bed apartment. Asking $870K.