41 Watts Drive, Varsity Lakes$1.71m
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41 Watts Drive

Varsity Lakes, QLD 4227, Australia
$1.71m
4 bed 2 bath 4 car196 m²

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About this property

No Body Corporate Fees | Absolute Lake Lifestyle | Auction 11 July 2026 10.30am Opportunities like this don't last. With direct access to the Lake Orr boardwalk, breathtaking water views, and the rare advantage of owning both the house and land, this is one of Varsity Lakes' most compelling offerings. Slices of real estate on Watts Drive rarely come to market and for good reason. As soon as you drive through the vibrant market square and its chic restaurants and cafe scene you'll enter a private enclave of waterfront homes that not only express character but also offer a peace and serenity on the water that's hard to find in Varsity Lakes. Wake up to sparkling lake vistas, cooling easterly breezes, and a lifestyle many dream of but few secure. Fish from your private jetty, kayak on the lake, or step straight onto kilometres of walking and cycling paths right from your doorstep. Perfectly positioned within walking distance of Market Square dining, Bond University, cafes, shops, Varsity College, and everyday conveniences, this versatile home combines lifestyle, flexibility, and location in one exceptional package. The unique upstairs-downstairs layout creates exciting possibilities for families, remote workers, or those seeking a council-approved home business setup with permitted signage and dual access from both Watts Drive and the Lake Orr boardwalk. Highlights: House and land title - No Body Corporate Fees Spectacular Lake Orr views Direct boardwalk and lake access Private jetty for fishing and recreation Spacious master suite with ensuite, balcony and two walk-in robes Two generous children's bedrooms Two bathrooms plus powder room Council-approved home office/business space Miele appliances (Dishwasher/Oven) along with the 5-burner Smeg gas cooktop Solar system Steel frame construction Modern kitchen with 5-burner Smeg gas cooktop Ducted air conditioning Multiple indoor and outdoor living zones 4 Car lock-up garage plus additional storage Low-maintenance, lock-and-leave lifestyle Multiple sunny spaces for potted herbs, a garden, or your favourite chair to take in the views Location: On the Lake 100m to cafes, restaurants and shops 800m to Bond University 400m walk to Varsity College 4.1km to Robina Town Centre 7.5km to Gold Coast beaches 3.4km to Varsity Lakes Train Station Fast Facts: Rates:$269.49 Water:$387.00 Rental Returns: Complete house $1500 pw (Approx.) Rent Commercially, Combined or separately $1800 (approx)

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
2
Parking
4
Land Area
196 m²
Listed
3 weeks ago

Repayment calculator

$8,271/month
$4,135 /fortnight
Loan $1,364,800 at 6.10% over 30 years

Upfront costs

Deposit$341,200
Stamp duty$78,620
Conveyancing (est.)$2,000
Total upfront$421,820
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Varsity Lakes

This 4-bedroom house in Varsity Lakes, QLD 4227 sits within reach of public transport, local shops and nearby schools. It is listed 74% above the $979,000 median of 64 comparable houseswithin 5 km.

Schools near Varsity Lakes

  • Mastery Schools Australia - Varsity Lakes Campuscombined
  • Varsity Collegecombined · Prep-12 · CoEd
  • Arcadia College - Varsity Lakes Temporary Facilitysecondary

What's nearby

  • Varsity Pde at Assembly Drive (bus)300 m away
  • IGA62 m away
  • Messel Place Park138 m away
  • Varsity Foreshore Parklands145 m away
  • Varsity Central Park383 m away

Varsity Lakes at a glance

Full suburb profile
Population
16,493
Median age
36
Household income
$1,646/wk
Median rent
$490/wk
Median mortgage
$1,842/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Varsity Lakes price trend

Median sold · House 4 bed

Compound growth +9.2% / yr over 4 yrs

$1.40mcurrent median

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Price history

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1 price change recorded for this property

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