QLD · 4227

Varsity Lakes

Suburb profile, market snapshot and recent listings for Varsity Lakes, QLD 4227.

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 price ranks #1,057 of 3,797 suburbs · pricier than 72%
Type
Bedrooms

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.

Apartment / Unit39%
House32%
Townhouse29%
Land1%

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

Varsity College

Prep-12CoEdGovernment
Visit school website →

Independent & Catholic schools

Mastery Schools Australia - Varsity Lakes Campus

Private

Arcadia College - Varsity Lakes Temporary Facility

Private

Recent results

Recently sold in Varsity Lakes

$779k

1110 & 1110A / 3 Main Street

apartment2 bd · 2 ba · 1 car

Sold ~July 2026

$1.10m

22/19 Carina Peak Drive

townhouse4 bd · 2 ba · 2 car

Sold ~July 2026

$1.10m

104/251 Varsity Pde

apartment2 bd · 2 ba · 2 car

Sold ~July 2026

$695k

67/228 Varsity Parade

apartment1 bd · 1 ba · 1 car

Sold ~July 2026

$1.09m

2/17 Randwick Court

duplex3 bd · 2 ba · 2 car

Sold ~July 2026

$1.95m

3 Port Peyra Crescent

house5 bd · 2 ba · 2 car

Sold ~July 2026

$820k

403/190 Varsity Parade

apartment2 bd · 1 ba · 1 car

Sold ~July 2026

$1.21m

3/18 Carina Peak Drive

duplex3 bd · 2 ba · 4 car

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

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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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Varsity LakesNearby suburbs

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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.

Available now

Properties in Varsity Lakes

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Image 1
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For Sale
$1.35m
house

Versatile Family Living with Separate Studio Dwelling

38 Roundelay Drive, Varsity Lakes QLD 4227
432410 m²
PRD Real Estate Burleigh Heads1 month ago
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For Sale
$979,000
apartment

Gorgeous Top Floor Residence With Expansive Lake Orr & Hinterland Views!

32/1 Lakefront Crescent, Varsity Lakes QLD 4227
222122 m²
Harcourts Property Hub4 weeks ago
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For Sale
Contact agent
house
StMate est. ~$1.66m

Spacious Family Living on a Huge 819m² Block

7 Winton Terrace, Varsity Lakes QLD 4227
521819 m²
Harcourts Property Hub2 weeks ago
Ask AI about this property
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NewFor Sale
$1.1m–$1.2m
townhouse

Coming Soon Enquires Welcome

1/48 Majorca Crescent, Varsity Lakes QLD 4227
322200 m²
For Sale By Owner6 days ago
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NewFor Sale
$1.50m
house

HIDDEN WATERFRONT SANCTUARY

15 Southlake Drive, Varsity Lakes QLD 4227
422591 m²
Welcome Change Realty2 days ago
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For Sale
$799,999
apartment

Lake Orr Lifestyle | Resort Facilities | Stylish 2-Bedroom Residence | Ready to Move In Soon | Near Bond University & Robina Town Centre

3110/397 Christine Avenue, Varsity Lakes QLD 4227
21190 m²
AUDLY Real Estate2 weeks ago
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For Sale
EOI
house
StMate est. ~$1.19m

RENOVATED TOWNHOUSE WITH HUGE BACKYARD

4/44 Frascott Avenue, Varsity Lakes QLD 4227
311
Lacey West Real Estate1 week ago
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For Sale
$900,000
apartment

Sophisticated Apartment Living with Stunning Elevated Views

30805/2 Main Street, Varsity Lakes QLD 4227
221
PRD Real Estate Burleigh Heads2 weeks ago
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For Sale
$760,000
apartment

CIENNA VARSITY RIDGE - 1 BEDROOM MODERN APARTMENT

ID:21172350/2 Main Street, Varsity Lakes QLD 4227
111
The Onsite Manager3 months ago
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For Sale
$1.20m
apartment

Elevated Lakeside Living with Skyline Views & Top School Catchment with Top University

1611/397 Christine Avenue, Varsity Lakes QLD 4227
222124 m²
HAPPY AUSSIE INTERNATIONAL1 month ago
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For Sale
EOI
house
StMate est. ~$1.82m

Lake View Spacious Home in Centre of Varsity Lakes

7 Jurien Crescent, Varsity Lakes QLD 4227
543413 m²
Matrix Global Real Estate1 week ago
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For Sale
EOI
house
StMate est. ~$1.58m

COASTAL CHARM MEETS FAMILY LIVING

15 Pennsylvania Avenue, Varsity Lakes QLD 4227
422418 m²
MCGRATH ROBINA3 weeks ago
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