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Back 31 Lakeridge Dr
Off Market

31 Lakeridge Dr

Varsity Lakes QLD 4227

3
2
2
0 m²
652 m²
House
Last sold for $1,300,000
Luke WrightLuke Wright, last sold this property on 16 November 2025 after 34 days on market.

Overview

Varsity Lakes Gem — Big Block, Big Potential

Welcome to 31 Lakeridge Drive — a neatly presented single-level home positioned on a generous 652m² flat block in one of Varsity Lakes' most convenient locations. Perfectly suited to first home buyers, downsizers, or renovators seeking to unlock potential, this property offers solid foundations and endless opportunity to add value. This home features three well-proportioned bedrooms, including a master with ensuite, and two beautifully renovated bathrooms showcasing stylish modern finishes. The expansive yard provides ample room for kids, pets, or future extensions, while the low-maintenance block ensures easy day-to-day living. With desirable side access, a double lock-up garage, and a quiet family-friendly street just moments from Frascott Park, this residence blends comfort, practicality, and long-term potential in an unbeatable location. Features: • Three bedrooms including master with ensuite • Two fully renovated bathrooms with contemporary finishes • Ideal single-level layout appealing to all ages and stages • Flat, fully usable 652m² block with a fully fenced yard — ideal for kids and pets • Side access for boat, trailer, or additional storage • Double lock-up garage • Low-maintenance grounds with scope to enhance or expand • Solid brick construction — the perfect blank canvas for modern updates • Rental Appraisal $1,000 - $1,100 Per Week Prime Location: • 5 minutes to Bond University • 9 minutes to Burleigh Heads Beach • 7 minutes to Robina Town Centre • Frascott Park, just a short stroll from your doorstep Set in a tightly held enclave of Varsity Lakes, 31 Lakeridge Drive represents a rare opportunity to secure a quality home with outstanding potential in one of the Coast's most convenient and family-oriented pockets. 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

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
0 m² floor area
652 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Varsity Lakes over the last 12 months, the estimated median property value of 31 Lakeridge Dr is $1.28m.

Median value
$1.28m
Estimated value range
$888k - $1.58m
Median days on market
23
Estimated value trend
17%
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 31 Lakeridge Dr

2026
Rented
Undisclosed
Leased on 04 Jan 2026 by Kollosche
2025
Sold
$1,300,000
Private Sale/Treaty on 16 Nov 2025 by Luke Wright, of PRD Real Estate Burleigh Heads
2019
Rented
Undisclosed
Leased on 06 Dec 2019 by PRD Real Estate Burleigh Heads

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 3 bedroom houses in Varsity Lakes

In the last 12 months, 47 three-bedroom houses similar to 31 Lakeridge Dr, have been sold.

This represents a 22% increase in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Varsity Lakes

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Mitch Harrop

Sellers who recommend Mitch Harrop have praised them for being clear communication, local expert, responsive, great negotiation, friendly, supportive and reliable

  •   4.9   (229 reviews)
  •  62 Reviews in Varsity Lakes
  •  77 Sales in Varsity Lakes
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Luke Wright

Luke Wright is a recommended agent for Varsity Lakes.  They have 11 local sales and collected 8 local reviews across the last 12 months.

  •   5   (18 reviews)
  •  8 Reviews in Varsity Lakes
  •  11 Sales in Varsity Lakes
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Chris Shields

Sellers who recommend Chris Shields have praised them for being clear communication, local expert, friendly, responsive, supportive, trustworthy and dedicated

  •   4.9   (152 reviews)
  •  8 Reviews in Varsity Lakes
  •  9 Sales in Varsity Lakes
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Karyn O'Dea

Sellers who recommend Karyn O'Dea have praised them for being clear communication, local expert, responsive, friendly, honest, supportive and dedicated

  •   5   (472 reviews)
  •  7 Reviews in Varsity Lakes
  •  6 Sales in Varsity Lakes
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