54 Watts Drive, Varsity Lakes QLD 4227
This property is Off Market
- The Average property price in this area is $833,577, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 3.20 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Varsity Lakes
With an average age of 31, households expect an average monthly mortgage payment of $1,586 or a weekly rent payment of $475. The average family earns a weekly income of $1,778 with a typical household size of 2.1 and a 95.2% employment rate.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Low average incomes in Varsity Lakes is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The high percentage of professional people in Varsity Lakes classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Varsity Lakes requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Public Transport
Broadbeach North
Broadbeach South
Cavill Avenue
Cypress Avenue
Florida Gardens
Northcliffe
Surfers Paradise North
Surfers Paradise
HOTA, Home of the Arts
Surfers Paradise Ferry Terminal
General Points of Interest
Gold Coast Police Citizens Youth Club
North Burleigh SLSC
Neptune RLSC
Q Super Centre
Australian Defence Force Memorial Grove
Mermaid Beach AEME SLSC
Tallebudgera Leisure Centre
Gold Coast Burleigh Golf Club
Palmer Colonial Golf Course
Burleigh Heads Soccer Club
Population
(Country of Birth not stated 3%)
Are people healthy?
There are a recorded 1915 asthma sufferers and 480 people living with diabetes. In addition, 583 people have a heart/vascular condition and 1123 people live with three or more chronic diseases.A good place to invest in property?
Varsity Lakes a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Queensland State average 66 / 100
Income
25 / 100
32 / 100
Industry
67 / 100
32 / 100
Population
57 / 100
40 / 100
House Prices
78 / 100
63 / 100
Jobs
44 / 100
31 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsVarsity College
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Miami State School
Mermaid Waters, QLD, 4218 State Prep-6 -
Marymount College
Burleigh Waters, QLD, 4220 Independent 7-12 -
Robina State School
Robina, QLD, 4226 State Prep-6 -
Gold Coast Christian College
Reedy Creek, QLD, 4227 Independent Prep-12 -
King's Christian College
Reedy Creek, QLD, 4227 Independent Prep-12 -
Varsity College
Varsity Lakes, QLD, 4227 State Prep-12 -
Australian Industry Trade College
Robina, QLD, 4226 Independent 10-12 -
Marymount Primary School
Burleigh Waters, QLD, 4220 Independent Prep-6 -
Caningeraba State School
Burleigh Waters, QLD, 4220 State Prep-6
Property Story
54 Watts Drive, Varsity Lakes, Qld, 4227 is a residential property . The estimated distance to the sea is 3.2km and at least 1.37KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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