Real Estate Agents Varsity Lakes
QLD 4227

About Location Market

About RE/MAX Regency

Showcasing a prominent local presence in Varsity Lakes and a team illustrating rich and accumulative experience, RE/MAX Regency offers an unrivalled calibre of personal attention. Established with a focus on delivering a personal and customised service, our commitment to honesty, integrity and professionalism is reflected in our strong sales history and industry reputation in Varsity Lakes and surrounding suburbs.

Demographics

A little bit about who lives locally, as provided by government census data.
Population
15,021
Average Age
20 to 39
Owner
Renter
53%
47%
Family
Single
40%
60%
Dwelling structure
House
42.64%
Semi Detached or Terrace
33.1%
Flat or Apartment
24.07%
Other Dwelling
0.13%
Home ownership type
Rented Regular
43.3%
Owned Outright
33.55%
Owned Mortgage
20.9%
Other Tenure Type
2.16%
Method of travel to work
Car
94.36%
Walk
2.79%
Bus
2.01%
Train
0.83%
Industry of employment
Professionals
23.17%
Community and Personal Service Workers
13.81%
Technicians and Trade Workers
13.04%
Clerical and Administrative Workers
12.51%
Distance to
0 mins
0 mins
0 mins
0 mins

Market Trends

Get a better understanding of local market trends

These market trends are specific to Varsity Lakes and show the number of sold properties in different categories. There are 3 two-bedroom houses that have been sold, 68 three-bedroom houses that have been sold with an average price of $934k, clearance rate of 80%, 20 days on the market. In addition, 42 four-bedroom houses that have been sold with an average price of $1.16m, clearance rate of 80%, 37 days on the market. Furthermore, 13 five-bedroom houses that have been sold with an average price of $1.32m, 25 days on the market. Moreover, 30 one-bedroom units that have been sold with an average price of $489k, 30 days on the market, 95 two-bedroom units that have been sold with an average price of $663k, 27 days on the market. Furthermore and 79 three-bedroom units that have been sold with an average price of $810k, 29 days on the market.

Bedrooms Type Median Price Avg Days on market Clearance Rate Sold this Year
2 Beds House - - - 3
Market Performance
Not enough data

3 sales this year for 2 bedroom House in Varsity Lakes, market performance data requires a minimum of 10 sales.
3 Beds House $934k 20 days 80% 68
Market Performance
Sales Price Range
MEDIAN PRICE
$934k
ENTRY LEVEL
$699k
HIGH END
$1.2m
Sold this year
68
Rental median price
$800
Auction clearance
Higher = more competition
80%
Average days on market
Lower = more competition
20 days
Sales and Growth
YEAR MEDIAN GROWTH # OF SALES
2024 $934k 4.9% 68
2023 $890k 6.2% 60
2022 $838k 32% 70
2021 $635k 12.2% 79
2020 $566k 1.1% 76
2019 $560k 0% 62
4 Beds House $1.16m 37 days 80% 42
Market Performance
Sales Price Range
MEDIAN PRICE
$1.16m
ENTRY LEVEL
$945k
HIGH END
$1.6m
Sold this year
42
Rental median price
$950
Auction clearance
Higher = more competition
80%
Average days on market
Lower = more competition
37 days
Sales and Growth
YEAR MEDIAN GROWTH # OF SALES
2024 $1.16m 8.1% 42
2023 $1.07m 7.3% 56
2022 $1m 30.2% 85
2021 $768k 14.5% 65
2020 $671k 0.9% 68
2019 $665k 0% 73
5 Beds House $1.32m 25 days - 13
Market Performance
Sales Price Range
MEDIAN PRICE
$1.32m
ENTRY LEVEL
$1.08m
HIGH END
$1.76m
Sold this year
13
Rental median price
$0
Auction clearance
Higher = more competition
-
Average days on market
Lower = more competition
25 days
Sales and Growth
YEAR MEDIAN GROWTH # OF SALES
2024 $1.32m 2.6% 13
2023 $1.29m 7.1% 11
2022 $1.2m 35.9% 17
2021 $883k 0% 20
2020 $0 0% 8
2019 $838k 0% 12
1 Beds Unit $489k 30 days - 30
Market Performance
Sales Price Range
MEDIAN PRICE
$489k
ENTRY LEVEL
$425k
HIGH END
$530k
Sold this year
30
Rental median price
$575
Auction clearance
Higher = more competition
-
Average days on market
Lower = more competition
30 days
Sales and Growth
YEAR MEDIAN GROWTH # OF SALES
2024 $489k 14.3% 30
2023 $428k 18.9% 46
2022 $360k 29% 55
2021 $279k 4.9% 32
2020 $266k -4.3% 23
2019 $278k 0% 18
2 Beds Unit $663k 27 days - 95
Market Performance
Sales Price Range
MEDIAN PRICE
$663k
ENTRY LEVEL
$555k
HIGH END
$805k
Sold this year
95
Rental median price
$720
Auction clearance
Higher = more competition
-
Average days on market
Lower = more competition
27 days
Sales and Growth
YEAR MEDIAN GROWTH # OF SALES
2024 $663k 9.6% 95
2023 $605k 8% 118
2022 $560k 29.3% 158
2021 $433k 5.6% 106
2020 $410k 4.1% 62
2019 $394k 0% 68
3 Beds Unit $810k 29 days - 79
Market Performance
Sales Price Range
MEDIAN PRICE
$810k
ENTRY LEVEL
$636k
HIGH END
$1.19m
Sold this year
79
Rental median price
$800
Auction clearance
Higher = more competition
-
Average days on market
Lower = more competition
29 days
Sales and Growth
YEAR MEDIAN GROWTH # OF SALES
2024 $810k 10.2% 79
2023 $735k 8.1% 76
2022 $680k 26.4% 118
2021 $538k 14.5% 125
2020 $470k 1.1% 80
2019 $465k 0% 109

* Data based on sales within the last 12 months

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