Back 9/1 Lakefront Cres
Off Market

9/1 Lakefront Cres

Varsity Lakes QLD 4227

2
2
2
0 m²
Apartment
Last sold for $866,000
Debbie TaylorDebbie Taylor, last sold this property on 24 September 2025 after 14 days on market.

Overview

Lakeside Living with Your Own Garden & Direct Lake Orr Access!

Discover the perfect balance of comfort and convenience in this stylish 2-bedroom, 2-bathroom ground floor apartment in Varsity Lakes. Featuring a spacious open plan living area with a contemporary kitchen, dining, and lounge, plus a separate laundry, this home is designed for modern living. The large balcony flows seamlessly onto your own private garden, complete with direct gate access to Lake Orr—ideal for morning walks, dog walking or evening relaxation by the water. Highlights include: * Master bedroom with mirrored walk-in robes and ensuite * 2 Bathrooms (including ensuite) * Open plan large kitchen living spaces * Two secure underground car spaces - tandem with cage * Air-conditioning & ceiling fans throughout * Large entertaining balcony PLUS private garden with exclusive access to Lake Orr & walking tracks * Strong rental appeal in a high-demand area With its unbeatable location and strong tenancy in place, this apartment offers a low-maintenance, high-value investment opportunity. Resort-style facilities: Sparkling Pool & BBQ area Beautiful waterside setting in a vibrant community This apartment block is currently being updated/painted for your ongoing enjoyment! Property Expenses: Current Lease: $675pw (until Feb 6th 2026) New Rental Appraisal $770-$800pw (to be reviewed in February 2026) Council Rates Approx. $1,515 bi-annually Water Rates Approx. $332 per q Bodycorp Approx. (Form 2 disclosure provided upon viewing) Whether you're looking for your dream home or a lifestyle upgrade, this apartment brings the very best of the Gold Coast to your doorstep.

Features

2 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
0 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Varsity Lakes over the last 12 months, the estimated median property value of 9/1 Lakefront Cres is $840k.

Median value
$840k
Estimated value range
$723k - $1.18m
Median days on market
23
Estimated value trend
15%
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 9/1 Lakefront Cres

2025
Sold
$866,000
24 Sep 2025 by Debbie Taylor, of LJ Hooker Nerang
2022
Rented
Undisclosed
Leased on 07 Jun 2022
2020
Sold
$430,000
16 Sep 2020 by Jane Doogan, of LJ Hooker Nerang

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 apartments in Varsity Lakes

In the last 12 months, 57 two-bedroom apartments similar to 9/1 Lakefront Cres, have been sold.

This represents a 30% increase in two-bedroom apartments sales when compared to the previous 12 months.

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