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Varsity Lakes offers something for everyone

If you're interested in buying a house in Varsity Lakes, you won't be disapointed. This suburb is located on the southern end of the Gold Coast and just a short distance from world-renowned Gold Coast beaches. With a mix of established homes, newly built apartments and all the amenities you could want within reach, Varsity Lakes appeals to students, younger couples starting families, retirees downsizing and established families alike.

What's it like to live in Varsity Lakes?

As the name suggests, Varsity Lakes is lucky to be in close proximity to an abundance of green space and waterways, as well as just a short drive (or bike ride) to the beach. Many of the Varsity Lakes residences - both units and homes - are located either on, or near to it's pristine creeks and lakes. The many parklands that Varsity Lakes offers its residents are also spacious and well-kept, so it's not just an attractive suburb, but also accommodates a healthy vibrant outdoor lifestyle.

Being in close proximity to Bond University, students from all around Australia and normally from across the world share the suburb with families and older couples. For students in primary and secondary years, Varsity College has an excellent local reputation.   

For Varisty Lakes residents, there are numerous shopping options closeby. Near to the university campus is a shopping village with an IGA grocery, Cellarbrations bottle shop as well as boutiques, salons and other specialty retailers. On the opposite side of Varsity's Lake Orr, you'll find Aldi near the college, and Christine Corner down the road has restaurants, bakeries, a huge First Choice liquor shop and a Chemist Warehouse open early and late.     

Dining options are also plentiful, with several evening dining options available in Varsity Lakes, such as the classic Varsity Tavern complete with kid's play area, The Lake Brewhouse and more casual daytime cafes like trendy coffee roasters, Blackboard Varsity and Cafe on South Bay.

Property Prices in Varsity Lakes 

In Varsity Lakes, the median property prices over the last year have ranged from $825,000 for houses to $499,750 for units. Making this suburb significantly more affordable than other local areas closer to the beach.

If you're interested to purchase a Varsity Lakes investment property, it's important to know that houses rent out for around $650 per week, with an annual rental yield of 4.1%. Units tend to rent for $530 per week with a yield of about 5.5%.

Looking at the last five years of sales, the Varsity Lakes area has seen a compound growth rate of around 7.3% for houses and 3.6% for units in the area.

The best mortgage broker for Varsity Lakes

Being the largest debt we generally take on, it's savvy to ensure you have the best home loan and finance structure to buy your Varsity Lakes property. 

For professional home finance advice for the Varsity Lakes area, don't hesitate to give us a call. Our team at Mortgage Choice in Broadbeach has earned over 40 5-star Google and other reviews from our happy clients. You know that you can trust our team to give you the highest customer service and home finance results.

Out of our Broadbeach office at Pacific Fair Shopping Centre, just 10 minutes drive to the middle of Varsity Lakes, expert mortgage broker, Will Todd and Loan Administrator, Anne Smith offer expert home loan, refinance and investment property loan services. Our mortgage broker team is happy to travel to Varsity Lakes to meet, and we also service all the surrounding suburbs including Mermaid Beach, Mermaid Waters, Broadbeach and of course the Varsity Lakes area. We further provide our home loan service to all areas of South East Queensland, across Australia and can even help overseas buyers. 

Contact our Varsity Lakes mortgage broker team today

Contact us, your mortgage broker team for Varsity Lakes, for a no-obligation appointment to discuss your options. Call us today on 07 5676 6433 or book an appointment with us directly online.

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