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Unit 28,
CURRAWONG HEIGHTS 5 GREENLANDS DRIVE Varsity Lakes QLD 4227

This property is Off Market

All about Varsity Lakes Homes for sale in Varsity Lakes


  • 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 3.48 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

PRD 23 MARKS DR, $1,489,000 4 Beds - 2 Baths - 2 Parking Within 0.3 km Ray White 3 BALMAIN ST, 1000000 3 Beds - 2 Baths - 2 Parking Within 0.3 km At Realty 9 VIBURNUM ST, Offers over $1,149,000 4 Beds - 1 Baths - 0 Parking Within 0.3 km Taylors 9 GAINSBOROUGH DR, Offers above $849,000 3 Beds - 2 Baths - 2 Parking Within 0.4 km Taylors 29 YODELAY ST, Offers over $899,000 4 Beds - 2 Baths - 2 Parking Within 0.4 km Ray White 15 CAPITEN CT, 1050000 4 Beds - 2 Baths - 0 Parking Within 0.4 km Harcourts 36 SOUTHLAKE DR, Offers over $1,095,000 3 Beds - 2 Baths - 1 Parking Within 0.9 km Harcourts 39 SOUTHLAKE DR, $1,575,000 Plus 4 Beds - 2 Baths - 2 Parking Within 1.0 km LJ Hooker UNIT 7, 11 CEZAIRE AV, EXPRESSIONS OF INTEREST 4 Beds - 3 Baths - 2 Parking Within 1.1 km PRD UNIT 5, 21 REGENSBERG CL, Under Offer 3 Beds - 2 Baths - 1 Parking Within 1.2 km Taylors 3 TINDARI PL, Offers Over $995,000 3 Beds - 2 Baths - 2 Parking Within 1.2 km Taylors UNIT 6, 76 BAYSWATER AV, $750 p/week 3 Beds - 2 Baths - 2 Parking Within 1.2 km Harcourts UNIT 1, 302 CHRISTINE AV, Contact Agent 3 Beds - 2 Baths - 2 Parking Within 1.3 km Ray White 10 DARTMOUTH CT, 1150000 4 Beds - 2 Baths - 2 Parking Within 1.4 km Harcourts 26 PALMA CR, Offers over $1,185,000 3 Beds - 2 Baths - 2 Parking Within 1.5 km Harcourts UNIT 3021, 397 CHRISTINE AV, Auction 3 Beds - 2 Baths - 2 Parking Within 1.6 km Ray White 40 MOORES CR, 850000 3 Beds - 2 Baths - 2 Parking Within 1.9 km Ray White 38 MAPLETON CCT, 900000 4 Beds - 2 Baths - 2 Parking Within 1.9 km Harcourts UNIT 415, 190 VARSITY PDE, Offers over $670,000 2 Beds - 2 Baths - 1 Parking Within 2.0 km Ray White UNIT 92, THE RESERVE, 251 VARSITY PDE, 650000 2 Beds - 2 Baths - 2 Parking Within 2.0 km Harcourts UNIT 1, 8 ALEXANDRINA DR, Offers over $849,000 3 Beds - 2 Baths - 2 Parking Within 2.0 km Harcourts 12 MAGENTA DR, Auction 4 Beds - 2 Baths - 2 Parking Within 2.0 km Harcourts UNIT 3, 9 MAGENTA DR, Offers over $1,195,000 4 Beds - 2 Baths - 2 Parking Within 2.1 km Harcourts UNIT 99, 19 CARINA PEAK DR, Offers over $819,000 3 Beds - 2 Baths - 2 Parking Within 2.1 km Harcourts 2 CAPITAL CT, From $759,000 2 Beds - 2 Baths - 1 Parking Within 2.1 km Harcourts UNIT 20, 2 NORTH SHORE AV, Auction 5 Beds - 2 Baths - 2 Parking Within 2.1 km Harcourts UNIT 6, FOREST MEWS AT 18 GERALDTON DR, Offers over $749,000 3 Beds - 3 Baths - 1 Parking Within 2.4 km

Recently Sold Properties in this Area

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About Varsity Lakes

With an average age of 43, households expect an average monthly mortgage payment of $1,517 or a weekly rent payment of $181. The average family earns a weekly income of $1,437 with a typical household size of 1.9 and a 95.24% 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

General Points of Interest


Population

(Country of Birth not stated 6%)

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

  • School Catchments
    Varsity College Caningeraba SS
  • St Andrews Lutheran College

    Tallebudgera, QLD, 4228 Independent Prep-12

  • King's Christian College

    Reedy Creek, QLD, 4227 Independent Prep-12

  • Hillcrest Christian College

    Reedy Creek, QLD, 4227 Independent Prep-12

  • Varsity College

    Varsity Lakes, QLD, 4227 State Prep-12

  • Gold Coast Christian College

    Reedy Creek, QLD, 4227 Independent Prep-12

  • Australian Industry Trade College

    Robina, QLD, 4226 Independent 10-12

  • Caningeraba State School

    Burleigh Waters, QLD, 4220 State Prep-6

  • Marymount College

    Burleigh Waters, QLD, 4220 Independent 7-12

  • Marymount Primary School

    Burleigh Waters, QLD, 4220 Independent Prep-6


Property Story

Unit 28, Currawong Heights, 5 Greenlands Drive, Varsity Lakes, Qld, 4227 is a residential property . The estimated distance to the sea is 3.48km and 0.99KM 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

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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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