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 › Lakefront Cres
$769,000
For sale
Asking
1
Bedrooms
1
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
$769,000
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
-44.6%
Median sale
Suburb $1,389,182
+2.59 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.
$34,325 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 5.8%. 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.
Nearby
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 TheOnsiteManagerAura Apartments � Varsity Lakes
1 Bedroom | 1 Bathroom | 1 Secure Car Space
Freshly painted throughout and featuring brand-new carpet, this beautifully presented ground-floor apartment offers complete privacy, a large courtyard, and peaceful garden views with glimpses of Lake Orr. Positioned within the highly sought-after Aura Apartments, this move-in-ready residence is perfect for owner-occupiers, downsizers, or investors seeking a low-maintenance lifestyle in a premium Varsity Lakes location.
With no direct visibility from neighbouring apartments, this home enjoys a tranquil and private setting rarely found in apartment living.
Apartment Features
Spacious bedroom with mirrored built-in robe
Modern 2-way bathroom
Ducted air conditioning throughout
Ceiling fans
Open-plan living and dining area
Floor-to-ceiling glass windows maximizing natural light
Gourmet kitchen featuring:
Caesar stone island benchtop
Euro Maid oven
Stainless steel appliances
Space for a double-door refrigerator
Generous pantry storage
Separate laundry room
Large private courtyard perfect for entertaining, relaxing or pets
One secure basement car space
Recent Improvements
Freshly painted throughout including walls, ceilings, doors and skirting boards
Brand-new carpet installed throughout
Vacant and ready for immediate occupancy
Resort-Style Facilities
Residents enjoy access to premium facilities including:
Two lap pools
Heated spa
Sauna
Fully equipped gymnasium
Rooftop terraces with elevated outlooks
Two BBQ and entertaining areas throughout the complex
Secure access throughout
Professional onsite management with experienced managers living onsite for added convenience and peace of mind
Prime Varsity Lakes Location
Conveniently located within walking distance to everything you need:
Approximately 100 metres to public transport
Walk to Coles, Aldi, Varsity Market Square, caf�s, restaurants and medical centres
Minutes to Bond University
Zoned for Varsity Lakes Primary and Secondary Colleges
Direct access to Lake Orr walking and cycling tracks
Easy access to Robina Town Centre, the M1 Motorway and Gold Coast beaches
Investment Information
A fantastic opportunity for investors, with similar apartments within the complex currently achieving approximately $700 to $780 per week in rental income, subject to market conditions.
Outgoings
Body Corporate Levies: Approx. $120 per week
Water Rates: Approx. $1,200 per annum
Council Rates: Approx. $1,300 every six months
An Opportunity Not To Be Missed
Whether you're looking for your first home, a low-maintenance downsizer, or a quality investment in one of Varsity Lakes' most sought-after residential communities, this apartment delivers outstanding value.
Offering privacy, resort-style facilities, a generous courtyard, fresh paint, brand-new carpet and a location that places everything at your doorstep, all the hard work has been done.
Simply move in and enjoy.
For further information or to arrange your private inspection, contact Donna today.(Listing ID: 21180129 )
Listing description written by Donna Chapman, TheOnsiteManager — reproduced as published, not verified by Districts.