Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

Location

Market Insights for Varsity Lakes QLD 4227

New Listings (last 30 days)

Average price

$980,600

Lowest price

$899,000

Highest price

$1,100,000

23/5 Greenlands Drive, Varsity Lakes QLD 4227

Offers Above $899,000

Search Band

$899k - $944k Transparent Based on an openly advertised listing price.

Townhouse 3 beds 1 bath 3 cars 387 m²

Listed: 40 days ago

Updated: 15 hours ago

Overview

This well-positioned townhouse sits at the end of a quiet cul-de-sac within a sought-after gated complex, offering residents privacy and a sense of space on the high side of the property complex. The desirable corner location provides enhanced flexibility alongside a variety of parking options, including a brand-new double carport and an existing automatic single garage, ideal for households with multiple vehicles or recreational toys like boats and caravans.

The home has been carefully updated to improve both comfort and efficiency, featuring modern LED downlights, new ceiling fans throughout, two air conditioners including a Wi-Fi-enabled unit for convenient climate control, and an EcoClean treatment enhancing indoor air quality. A GoodWe solar system with inverter adds to the property's energy efficiency and future battery storage potential, supporting sustainable living.

Inside, the three carpeted bedrooms with built-in wardrobes balance practicality and comfort, complemented by a separate bathroom and toilet to accommodate family needs or guests. The water-resistant staircase carpet and recent roof recapping contribute to the home's low-maintenance appeal.

Residents benefit from complex amenities such as well-maintained gardens, plentiful visitor parking, a tennis court, in-ground swimming pool, picnic areas, and large open green spaces. The property’s adjacency to Frascott Park offers direct access to playgrounds, gym equipment, off-leash dog areas, and other recreational opportunities, fostering a strong community-centric lifestyle.

This townhouse is well suited for buyers looking for a practical and comfortable home within a secure, family-friendly community. The combination of position, ample parking, and thoughtful updates creates an attractive proposition for those seeking a low-maintenance lifestyle or an investment in a tightly held estate close to popular coastal and educational amenities.

Varsity Lakes itself is a master-planned area combining scenic lake views with local conveniences, highly rated schools, and excellent transport connections, making this property a strategically located option for families, professionals, and investors alike.

Local Market Insights

In Varsity Lakes, Quiet Listings observed 5 new townhouses entering the market over the last 30 days, down from 17 during the previous 30-day period, with an average advertised asking price of $980,600. The property type mix of listed properties is predominantly Houses at 51%, followed by apartments (19%), and townhouses (16%). The most active agency for townhouses in the Varsity Lakes area is currently Harcourts, representing 60% of new listings, followed by Coastal Property Agents with 20%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.