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QLD › Varsity Lakes › Lakefront Cres

UID:21185345, 33 Lakefront Cres, Varsity Lakes QLD 4227

For saleApartment

$795,000

For sale

Asking

2

Bedrooms

1

Bathrooms

1

Car spaces

77 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $795,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $795,000(Listing record · 22 July 2026)
  • CalculationAsk is 43% below the Varsity Lakes median recorded sale ($1,389,182, n=72, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Varsity Lakes's advertised median rent ($859/wk), implied gross yield would be 5.62% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$795,000

Asking · $10,325/m² of land

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.

See the full Varsity Lakes report →

Vs Varsity Lakes

-42.8%

Median sale

Suburb $1,389,182

+2.40 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.

Total cost to purchase

Purchase Price
$795,000
Stamp Duty (Queensland)
$28,800
Transfer/Registration Fee
$3,135
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$830,635

$35,635 on top of the price (4.5% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Varsity Lakes's advertised median rent — not a rent for this listing.

Net yield
4.12%
Annual cashflow (pre-tax)
$-8,597
Interest cover (DSCR)
0.79
Annual rent
$44,668
Operating expenses
$11,925
Loan amount
$636,000
Annual interest
$41,340
Gross yield
5.62%

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.

Open the full yield calculator →

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. Listed$795,000available22 July 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

Gross yield if leased at the suburb aggregate is 5.6%. 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

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 Lakefront Cres →

Listing material

Listed by TheOnsiteManager

Private Courtyard Oasis | Ground Floor Living at Its Finest

Exclusively Marketed by the Onsite Manager.

Welcome to 33 Lakefront Crescent, Varsity Lakes

Aura Apartments � Varsity Lakes

Read the full description

2 Bedrooms | 1 Bathroom | 1 Secure Car Space

A rare opportunity to enjoy the space and privacy of a home with the convenience of apartment living.

Positioned within the highly sought-after Aura Apartments, this beautifully presented ground-floor residence offers a lifestyle that is rarely found in apartment living. Set amongst tranquil landscaped gardens with no direct visibility from neighbouring apartments, this home enjoys exceptional privacy while offering one of the largest outdoor living spaces in the complex.

Whether you're a first home buyer, downsizer or investor, this move-in-ready apartment combines modern comfort, resort-style facilities and an unbeatable Varsity Lakes location.

A Private Outdoor Oasis

The hero of this stunning home is undoubtedly the expansive outdoor entertaining patio and private courtyard.

Designed for those who love outdoor living, there is ample space for entertaining family and friends, enjoying weekend BBQs, relaxing with a morning coffee or creating your own peaceful garden retreat.

There is even room to install a garden shed, establish a vegetable or herb garden, or create the ultimate outdoor sanctuary for children and pets to enjoy.

Offering complete privacy and surrounded by lush greenery, this is outdoor living at its very best.

Beautifully Presented Throughout

Featuring stylish timber-look flooring throughout the living areas and soft carpet in both bedrooms, this immaculate apartment offers the perfect combination of warmth, comfort and low-maintenance living.

Large floor-to-ceiling glass doors flood the open-plan living and dining area with natural light while seamlessly connecting the indoor living spaces with the spectacular outdoor entertaining area.

The modern kitchen has been thoughtfully designed and features:

Caesarstone island benchtop

Euro Maid oven

Stainless steel appliances

Space for a double-door refrigerator

Generous pantry storage

Excellent bench space for entertaining

Apartment Features

Spacious master bedroom with mirrored built-in robe

Plantation shutters in the master bedroom

Versatile second bedroom ideal for guests, a home office or nursery

Modern two-way bathroom

Ducted air conditioning throughout

Ceiling fans

Security screens fitted to all windows

Flyscreen door opening directly onto the courtyard

Separate laundry room

Open-plan living and dining area

Floor-to-ceiling glass windows allowing abundant natural light

Stylish timber-look flooring throughout living areas

Carpeted bedrooms for added comfort

Secure basement car space

Large storage cage in basement

Pet-friendly complex

Resort-Style Living

Residents of Aura Apartments enjoy an outstanding range of premium facilities including:

Two resort-style lap pools

Heated spa

Sauna

Fully equipped gymnasium

Rooftop entertaining terraces with elevated views

Two BBQ and entertaining areas

Beautifully landscaped gardens

Secure building access throughout

Professional onsite management providing convenience and peace of mind

Prime Varsity Lakes Location

Perfectly positioned in one of the Gold Coast's most convenient locations, everything you need is within easy reach.

Enjoy walking distance to:

Approximately 100 metres to public transport

Coles, Aldi and Varsity Market Square

Caf�s, restaurants and medical centres

Bond University

Varsity Lakes Primary and Secondary Colleges

Beautiful Lake Orr walking and cycling tracks

Only minutes from:

Robina Town Centre

Robina Hospital

M1 Motorway

Gold Coast beaches

Investment Opportunity

For investors, this property presents an outstanding opportunity, with comparable apartments within Aura Apartments currently achieving approximately $750�$850 per week in rental income (subject to market conditions).

Approximate Outgoings

Body Corporate Levies: Approx. $143 per week

Water Rates: Approx. $1,280 per annum

Council Rates: Approx. $1,790 every annum

An Opportunity Not To Be Missed

Properties offering this level of privacy, outdoor space and resort-style amenities are incredibly rare.

The combination of an oversized private courtyard, spacious open-plan living, quality finishes and an unbeatable location makes this one of Aura Apartments' most desirable ground-floor residences.

Whether you're looking for your first home, downsizing without compromise or securing a quality investment in one of Varsity Lakes' most tightly held communities, this apartment delivers exceptional value and an enviable lifestyle.

Simply move in, unpack and start enjoying everything this beautiful home has to offer.

For further information or to arrange your private inspection, contact Donna today.(Listing ID: 21185345 )

Listing description written by Donna Chapman, TheOnsiteManager — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Fully Fenced
  • Intercom
  • Pet-Friendly
  • In-Ground Pool
  • Remote Garage
  • Study

Also look at

Also for sale in Varsity Lakes

  • U415, 33 Lakefront Cres, Varsity Lakes QLD 4227

    2-bed apartment. Asking $739K.

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  • U43, 255 Varsity Pde, Varsity Lakes QLD 4227

    2-bed apartment. Asking $995K.

    For sale
  • U3, 22 Palma Cres, Varsity Lakes QLD 4227

    4-bed townhouse. Asking $1.08M.

    For sale
  • 3 Marscay Ave, Varsity Lakes QLD 4227

    3-bed house for sale. Currently listed.

    For sale
Districts

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

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