Varsity Lakes has experienced unprecedented growth within the past few years and continues to provide homeowners with an atmosphere and culture that cannot be found elsewhere on the Gold Coast.
Harcourts Real Estate Agent Robin Farnsworth said one of the main reasons Varsity Lakes is such a success is because of the diversity of properties available.
“Varsity offers such a range of properties, large homes, units, apartments and villas, the range caters to all different types of people while providing the lifestyle the suburb is renowned for," he said.
The commercial development in the area also adds value to surrounding homes and providing employment opportunities for locals.
According to Ray White Real Estate agent Josh Volz homes in Varsity Lakes have increased by 19.2 percent in the last year where the increase for other Gold coast suburbs combined was 15.6 percent.
"Varsity brings a high number of people to the area because everything they need is around them - work, schools and shops," he said.
According to two popular property websites, RP Data online and Realestate.com.au, the demand for homes in Varsity Lakes has substantially increased in the past five years.
It is expected that because of the location and lifestyle benefits, Varsity Lakes properties will continue to increase in value.
For property information in the Varsity Lakes area please contact:
- Harcourts Varsity Lakes Office
Shop 9, The Piazza 228 Varsity Pde
Ph 07 5580 9999
- Ray White Varsity Lakes
Shop 8A, SOHO Building, 195 Varsity Pde
Ph 5575 7500