Varsity Lakes
Suburb profile, market snapshot and recent listings for Varsity Lakes, QLD 4227.
About Varsity Lakes
Welcome to Varsity Lakes
Varsity Lakes sits inland from the Gold Coast's southern beaches, built around the campus of Bond University and a chain of man-made lakes that give the suburb its name and much of its everyday appeal. It's a planned, contemporary pocket of the Gold Coast, roughly midway between the beach at Burleigh Waters and the retail heart of Robina, with Reedy Creek and Mudgeeraba filling out the surrounding hinterland fringe.
With a population of 16,493 and a median age of 36, Varsity Lakes has a distinctly young, active feel — students, young families and professionals drawn by the university, the lakeside paths and the relatively easy access to both the coast and the M1. It suits buyers who want a modern, low-maintenance lifestyle without giving up green space or water views.
Lifestyle & dining
Life in Varsity Lakes revolves around the water. The network of lakes and connecting boardwalks is used constantly for walking, running and cycling, and cafes and casual dining spots cluster around the lakefront precincts, catering to a steady flow of students and locals. The presence of Bond University gives the suburb a slightly cosmopolitan, campus-town energy that's unusual for the Gold Coast, with a younger crowd keeping the café and takeaway scene busy well outside typical business hours.
For bigger nights out or a wider dining spread, Robina and Burleigh Waters are both a short drive away, the latter also delivering easy beach access when a change of scenery is needed.
Shopping
Robina Town Centre, one of the Gold Coast's major shopping malls, is just next door and covers everything from full-line supermarkets and department stores to speciality boutiques and cinemas. Locally, Varsity Lakes has its own smaller retail and service strips serving day-to-day needs, meaning residents can choose between quick local errands and a full shopping-centre trip without travelling far either way.
Getting around
Varsity Lakes railway station, on the Gold Coast line, gives the suburb a direct rail link north to Brisbane and south towards Robina — a genuine point of difference from many Gold Coast suburbs and a drawcard for commuters and students alike. The Pacific Motorway (M1) is also close by, providing quick access up and down the coast and inland toward Mudgeeraba and the hinterland.
Within the suburb, the lakeside paths and connected footpaths make walking and cycling a realistic way to get around locally, while bus routes link in with the train station and neighbouring centres like Burleigh Waters and Reedy Creek.
Schools & families
Education options in and around Varsity Lakes include Varsity College, a well-regarded state school catering from early years through to senior secondary, alongside Mastery Schools Australia's Varsity Lakes campus and Arcadia College, which currently operates from a temporary facility in the area. Combined with the university on its doorstep, the suburb offers a genuine spread of options across the schooling spectrum, and its family-friendly parks and paths add to the appeal for households with kids.
Parks & recreation
The lakes themselves are the suburb's biggest recreational asset, with kilometres of shared paths for walking, jogging and cycling looping around the water. Public green spaces are dotted throughout the surrounding streets, and the proximity to Burleigh Waters and the coast means the beach is never far away for those wanting sand and surf rather than lake views.
The property market
Varsity Lakes' property market reflects its mix of apartments, townhouses and houses, with current listings running at 39% apartments or units, 32% houses and 29% townhouses. The median house price sits at $1.10 million, having climbed 14.6% recently, while units and apartments carry a median of $859,000 — a reminder that even the more affordable end of the market here comes at a premium. Median rent across the suburb is $900 a week.
That blend of dwelling types gives buyers and investors real choice, from lock-up-and-leave apartments near the lake to family houses on the suburb's quieter streets, with the strong recent growth in house prices pointing to sustained demand for the area's lifestyle and transport advantages.
Market snapshot
Varsity Lakes property market
Median sale price
$1.10m
House · 3 bed
Median rent
$900
per week
Gross rental yield
4.3%
annual rent ÷ sale price
Typical price range
Entry
$861k
Median
$1.10m
Premium
$1.44m
Days on market
13
Auction clearance
79%
Sold this year
110
Median sold price trend · House 3 bed
Compound growth +10.0% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Varsity Lakes by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Varsity Lakes, QLD 4227.
Population
16,493
residents (2021)
Median age
36
years
Household income
$1,646
median, per week
Median rent
$490
per week
Median mortgage
$1,842
per month
Mortgage / income
26%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Varsity Lakes
Government school catchment
Independent & Catholic schools
Mastery Schools Australia - Varsity Lakes Campus
Arcadia College - Varsity Lakes Temporary Facility
Recent results
Recently sold in Varsity Lakes
$779k
1110 & 1110A / 3 Main Street
Sold ~July 2026
$1.10m
22/19 Carina Peak Drive
Sold ~July 2026
$1.10m
104/251 Varsity Pde
Sold ~July 2026
$695k
67/228 Varsity Parade
Sold ~July 2026
$1.09m
2/17 Randwick Court
Sold ~July 2026
$1.95m
3 Port Peyra Crescent
Sold ~July 2026
$820k
403/190 Varsity Parade
Sold ~July 2026
$1.21m
3/18 Carina Peak Drive
Sold ~July 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Varsity Lakes
Compare the area
Price map around Varsity Lakes
Every listing for sale near Varsity Lakes, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Common questions
Varsity Lakes suburb FAQ
What is the median property price in Varsity Lakes?
The median house price in Varsity Lakes, QLD is $1.10m for a 3-bedroom home. Over the past year, median sold prices have risen about 14.6%.
How much is rent in Varsity Lakes?
The median weekly rent in Varsity Lakes is around $900 per week.
Is Varsity Lakes a good place to live?
Varsity Lakes is a suburb in the City of Gold Coast, Queensland, Australia. Varsity Lakes is an established residential suburb in QLD, with a population of around 16,493 and 3 schools in the area.
What is the population of Varsity Lakes?
Varsity Lakes has a population of 16,493 (ABS 2021 Census), with a median age of 36.
What schools are in Varsity Lakes?
There are 3 schools in or near Varsity Lakes, including Mastery Schools Australia - Varsity Lakes Campus, Varsity College and Arcadia College - Varsity Lakes Temporary Facility.
How long do homes take to sell in Varsity Lakes?
Properties in Varsity Lakes take around 13 days to sell on average, with an auction clearance rate of about 79%.
How much do you need to buy in Varsity Lakes?
Entry-level properties in Varsity Lakes start around $861k, while premium homes reach $1.44m.
What suburbs are near Varsity Lakes?
Suburbs near Varsity Lakes include Lakes, Robina, Burleigh Waters, Reedy Creek and Mudgeeraba.
Fresh to market
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