Back 1/5 Balmain Street
Off Market

1/5 Balmain Street

Varsity Lakes QLD 4227

2
1
1
Duplex Semi-Detached
Last sold for $840,000
Danny O'DonnellDanny O'Donnell, last sold this property on 30 June 2025 after 13 days on market.

Overview

A Smart Start or Savvy Investment

Tucked away in a peaceful neighbourhood just moments from leafy parklands, quality schools, and shopping centres, this spacious two-bedroom duplex offers the perfect blend of comfort, convenience, and potential. Light-filled, the open plan layout provides generous lounge and dining areas opening to a private secure yard, offering a blank canvas for your creative vision. Whether you're looking to enter the market, grow your portfolio, or downsize in comfort, this property offers relaxed low maintenance living, convenient to everything. ** Currently tenanted until October 2025 ** ** Investors please note this property has a rental appraisal of $750 - $775 p/w ** Property Features: • Two bedrooms with built-in robes • Spacious and light filled interior • Open plan kitchen, dining and living space • Secure yard perfect for children or pets • Main bathroom with separate powder room • Separate laundry • Single lock-up garage with internal access • Front duplex with no body corporate fees, only shared building insurance Location Highlights: • 30 metres to parklands • Walk to Frascott Park featuring two playgrounds, basketball court, dog agility park, open fields and a cycle/exercise path • 5 minutes to Treetops Shopping Centre, Bunnings and Marymount College • 4.5km to Burleigh beachfront Contact Danny O'Donnell on 0411 401 698 to arrange an inspection. Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
Duplex Semi-Detached

Estimated Value

Based on this property and similar 2 bedroom duplex semi-detached properties sold in Varsity Lakes over the last 12 months, the estimated median property value of 1/5 Balmain Street is $955k.

Median value
$955k
Estimated value range
$840k - $1.12m
Median days on market
14
Estimated value trend
10%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Varsity Lakes. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/5 Balmain Street

2025
Sold
$840,000
30 Jun 2025 by Danny O'Donnell, of One Agency Burleigh - Miami
2023
Rented
Undisclosed
Leased on 14 Sep 2023 by Lacey West
2023
Sold
Undisclosed
10 Aug 2023 by Ben Doyle, of One Agency Burleigh - Miami

Happy sellers in Varsity Lakes

93%
93% of sellers in Varsity Lakes reported that their sale price either exceeded or met their price expectations.

Varsity Lakes stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 96 reviews in Varsity Lakes over the last 12 months.

Local market activity for 2 bedroom duplex semi-detached properties in Varsity Lakes

In the last 12 months, 3 two-bedroom duplex semi-detached properties similar to 1/5 Balmain Street, have been sold.

This represents a 300% decrease in two-bedroom duplex semi-detached properties sales when compared to the previous 12 months.

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