Varsity Lakes
QLD, 4227
-
Gold Coast
Thinking about buying in Varsity Lakes? Now could not be a better time, with 9423 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $833,000 with prices in this suburb ranging from $141,000 to $13,744,000. Varsity Lakes is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Household Makeup
| Median Weekly Rent | $525.29 |
| Median Monthly Mortgage | $1865.40 |
| Median Persons Per Bedroom | 0.87 |
| Average Household Size | 2.71 |
| Average Age | 36.80 |
| Average Income | $783.09 |
| Average Cars Per Dwelling | 1.77 |
| Average Properties Within 50M | 56 |
Housing Stock
Average Property Prices
| 1 Bed $400,000 |
| 2 Bed $631,000 |
| 3 Bed $919,000 |
| 4 Bed $1,157,000 |
| 5 Bed $1,427,000 |
| 6 Bed+$1,438,000 |
Varsity Lakes Real Estate Market Outlook
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.
Houses for sale Varsity Lakes
4
1
0 
Local Schools
Varsity College
Arcadia College
King's Christian College
Australian Industry Trade College
Gold Coast Christian College
Caningeraba State School
Hillcrest Christian College
Robina State School
Marymount Primary School
Marymount College
(While the above schools are located with the suburb of Varsity Lakes there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Varsity Lakes weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 7.4 | 21.0 | 28.8 | 58.9 | 89.8 | 4.9 | 23.0 |
| Feb | 8.4 | 21.1 | 28.9 | 59.0 | 91.3 | 4.7 | 21.0 |
| Mar | 7.9 | 20.3 | 28.1 | 59.9 | 92.6 | 4.2 | 17.7 |
| Apr | 5.9 | 17.0 | 25.8 | 55.5 | 91.7 | 3.8 | 16.5 |
| May | 3.2 | 13.4 | 23.4 | 51.8 | 92.4 | 3.4 | 13.5 |
| Jun | 4.1 | 11.6 | 21.2 | 54.5 | 92.4 | 3.5 | 12.0 |
| Jul | 1.6 | 10.0 | 21.1 | 47.4 | 92.4 | 3.4 | 12.9 |
| Aug | 1.3 | 10.4 | 22.6 | 42.7 | 92.2 | 3.6 | 15.9 |
| Sept | 1 | 12.9 | 24.2 | 46.0 | 90.4 | 4.3 | 19.6 |
| Oct | 4.0 | 15.9 | 25.2 | 54 | 90.0 | 4.6 | 21.9 |
| Nov | 2.1 | 18.5 | 27.1 | 54.9 | 89.6 | 4.9 | 25.2 |
| Dec | 6.4 | 20.1 | 28.2 | 58 | 90.5 | 4.7 | 24.5 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Broadbeach North - Less than 10 KM
Broadbeach South - Less than 10 KM
Cavill Avenue - Less than 10 KM
Cypress Avenue - Greater then 10KM
Florida Gardens - Less than 10 KM
Northcliffe - Less than 10 KM
Surfers Paradise North - Greater then 10KM
Surfers Paradise - Less than 10 KM
HOTA, Home of the Arts - Less than 10 KM
Surfers Paradise Ferry Terminal - Less than 10 KM
General Points of Interest
Gold Coast Police Citizens Youth Club - Less than 10 KM
North Burleigh SLSC - Less than 5 KM
Neptune RLSC - Less than 5 KM
Q Super Centre - Less than 5 KM
Australian Defence Force Memorial Grove - Less than 10 KM
Mermaid Beach AEME SLSC - Less than 10 KM
Tallebudgera Leisure Centre - Less than 5 KM
Gold Coast Burleigh Golf Club - Less than 5 KM
Palmer Colonial Golf Course - Less than 5 KM
Burleigh Heads Soccer Club - Less than 5 KM
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