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Varsity Lakes, QLD, Waterside buildings near a small dock

Waterside buildings near a small dock

The quick read on

Varsity Lakes

QLD 4227 · Gold Coast

What homes cost, how rents have moved, and a feel for the people who call it home.

Median house
$1,380,000

latest suburb median

Median unit
$927,000

latest suburb median

Population
16,493

ABS 2021

Postcode
4227

Varsity Lakes, Queensland

Property market insights for Varsity Lakes

Median sale price and rental income of properties in Varsity Lakes QLD

Median price trend for houses

Based on 141 sales in the preceding 12 months

$1,380,000

Up 14.5% over 12 months

$1.5m$1m$500k20212023202420252026
2 bed
$1.09m
3 bed
$1.29m
4 bed
$1.45m
5+ bed
$1.73m

Median rent trend for houses

Based on 182 rental listings in the preceding 12 months

$950 per week

Up 5.6% over 12 months

$1.2k$1k$800$60020212023202420252026

Market data updated October 2026.

The median house price in Varsity Lakes, QLD is currently $1,380,000, based on the latest 12 months of sales. Varsity Lakes has a 12-month growth rate of 14.5% for houses and 14.2% for units.

Two-bedroom houses have a median sale price of $1,090,000, Three-bedroom houses have a median sale price of $1,290,000, Four-bedroom houses have a median sale price of $1,450,000, Larger houses have a median sale price of $1,730,000 in Varsity Lakes.

If you're looking to lease, the median rent for houses in Varsity Lakes is $950 per week. The median house rent has increased 5.6% over the last 12 months.

The median price of apartments and units for sale in Varsity Lakes is $927,000, which has increased 14.2% since the same time last year. One-bedroom apartments and units have a median sale price of $699,000, Two-bedroom apartments and units have a median sale price of $885,000, Three-bedroom apartments and units have a median sale price of $1,030,000, Four-bedroom apartments and units have a median sale price of $1,110,000 in Varsity Lakes. The median rent for units and apartments in Varsity Lakes is $800 per week and has increased 6.7% over the last 12 months.

Crime and safety

Is Varsity Lakes safe?

The overall rate for Varsity Lakes is 1,087 offences per 100,000 residents — 56% below the Rest of Qld benchmark.

That is the clearest suburb-wide answer. Open the detailed profile to see how the pattern changes across offence types and different parts of Varsity Lakes.

Overall crime rate

1,087

offences per 100,000 residents

56% belowRest of Qld

Varsity LakesRest of Qld: 2,462

Suburb-wide estimate from Microburbs' public crime model; it is not an address-level measure.

The people behind the postcode

Who lives in Varsity Lakes?

Varsity Lakes QLD 4227 is in Queensland, within Rest of Qld.

16,493 people call Varsity Lakes home, with an average of 2.5 people per household and a median household income of $1,646 a week.

Public ABS 2021 Census figures. The bars compare the local share with the capital-region benchmark.

Population
16,493
Median age
36 years
Median mortgage
$1,842 / month
2021 household rent
$490 / week
Above the benchmarkBelow the benchmarkIn lineRest of Qld benchmark

Age profile

Share of residents in each age band.

Under 1518.4%In line
15–3429.8%Above
35–5428.7%Above
55–7416.8%Below
75 and over6.4%Below

Homes

Share of occupied private dwellings.

Separate houses42.7%Below
Townhouses33.1%Above
Apartments24.1%Above

Ownership

Share of homes with a stated ownership or rental status.

Owned outright21.4%Below
Paying a mortgage34.3%In line
Renting44.3%Above

Cars at home

Vehicles available to occupied households.

No car4.1%Below
One car40.8%Above
Two cars40.5%Above
Three or more14.6%Below

Getting to work

Selected ways residents worked or travelled on Census day.

Worked from home14.0%Above
Drove to work62.2%Below
Train, tram or bus1.6%In line
Walked or cycled2.9%Below

What stands out in Varsity Lakes

14.0% of workers in Varsity Lakes worked from home on Census day — noticeably more common than across Rest of Qld.

6.2% of Varsity Lakes residents were born in New Zealand.

46.9% of people in Varsity Lakes described themselves as having no religion in the 2021 Census.

A closer look at the Census

Questions people ask about Varsity Lakes

Open any question for a plain-English reading of the public 2021 Census for Varsity Lakes QLD 4227.

Is Varsity Lakes family-friendly?Age, family structure and household size describe the community families would be joining.

18.4% of Varsity Lakes's residents were children under 15 in the 2021 Census. That is almost exactly typical for Rest of Qld.

4,429 family households lived in Varsity Lakes; 41.2% were couple families and 21.5% were one-parent families.

40.6% of local families included children under 15. That is somewhat above the Rest of Qld average.

These are suburb-wide household figures, not school or childcare ratings.

What is the age profile of Varsity Lakes?The balance between younger adults, families and older residents changes how a suburb feels day to day.

Varsity Lakes had 16,493 residents at the 2021 Census.

30.9% of residents were aged 25 to 44.

23.1% were 55 or older. That is well below the Rest of Qld average.

Age shares use the suburb’s total Census population.

What kind of homes are in Varsity Lakes?The dwelling mix shows whether the suburb is mostly detached homes, townhouses or apartments.

Separate houses made up 42.7% of occupied private dwellings in Varsity Lakes.

Townhouses and other attached homes represented 33.1% of occupied private dwellings.

Flats and apartments accounted for 24.1% of occupied private dwellings.

All three shares use occupied private dwellings as the denominator.

Do people own or rent in Varsity Lakes?Tenure shows how many households own outright, have a mortgage or rent.

21.4% of households with a stated tenure owned their home outright. That is well below the Rest of Qld average.

34.3% were buying their home with a mortgage.

44.3% rented their home. That is well above the Rest of Qld average.

Tenure shares include households that stated one of these three arrangements.

How large are households in Varsity Lakes?Household-size data shows the mix behind the suburb-wide average.

The average household in Varsity Lakes had 2.5 people.

One-person households made up 24.0% of occupied homes. That is close to the Rest of Qld average.

Two-person households represented 34.1%, while 22.8% had four or more usual residents.

Household size counts usual residents in occupied homes.

How do people get to work in Varsity Lakes?Census-day travel shows the balance between home, road, public transport and active travel.

14.0% of workers worked from home on Census day. That is somewhat above the Rest of Qld average.

62.2% drove a car as their only travel method. That is close to the Rest of Qld average.

1.6% used only a train, tram or bus, while 2.9% walked or cycled.

Travel figures are a 2021 Census-day snapshot.

How many cars do households have in Varsity Lakes?Vehicle availability helps describe the routines local households can support.

4.1% of occupied households had no motor vehicle available. That is close to the Rest of Qld average.

One-car households formed 40.8% of the total.

55.1% of households had two or more vehicles.

Vehicle counts refer to occupied households, not individual residents.

Who's moving to Varsity Lakes, and who stays?Address history shows how settled or recently mobile residents were at the Census date.

43.2% were at the same address five years earlier, while 56.8% reported a different address.

33.8% of residents were born outside Australia. That is about twice the Rest of Qld rate.

Mobility figures cover residents who answered the relevant Census question.

What languages are spoken in Varsity Lakes?Language at home gives a direct view of the community’s everyday linguistic mix.

73.8% of residents used only English at home.

21.2% used a language other than English at home.

4.0% spoke Mandarin at home, 1.5% spoke Cantonese and 0.3% spoke Hindi.

Home language is separate from English proficiency.

Where were Varsity Lakes residents born?Birthplace adds another layer to the local story, separate from ancestry and language.

33.8% of Varsity Lakes's population was born outside Australia, while roughly 66.2% was born in Australia.

3.1% of residents were born in China.

1.0% were born in India, while Australian citizenship across the whole suburb stood at 79.6%.

Birthplace, citizenship and ancestry describe different parts of identity.

What ancestries shape Varsity Lakes?Ancestry responses show how residents describe family and cultural background.

English ancestry accounted for 36.8% of ancestry responses in Varsity Lakes.

Australian ancestry made up 28.5% of responses.

Chinese ancestry represented 7.0% of responses.

People may nominate more than one ancestry, so these are shares of responses.

What work do people do in Varsity Lakes?Occupation describes a person’s role; industry describes the sector employing them.

23.2% of employed residents worked in professional occupations. That is somewhat above the Rest of Qld average.

Managers accounted for 12.0% of employed residents, while clerical and administrative workers made up 12.5%.

Health care and social assistance employed 15.8% of workers, and education and training employed 9.3%.

Occupation and industry figures describe employed residents of the suburb.

How active is the workforce in Varsity Lakes?Participation, employment pattern and unemployment describe the resident labour force.

The labour-force participation rate was 66.4%, compared with 59.1% across Rest of Qld.

33.8% of residents aged 15 and over worked full time, while 22.6% worked part time.

Unemployment was 4.9%, compared with 5.2% across Rest of Qld.

Labour-force figures come from the 2021 Census.

What does the health profile of Varsity Lakes show?Selected long-term health conditions help describe community service needs.

63.7% reported no selected long-term health condition.

8.7% reported a long-term mental health condition, including depression or anxiety.

7.1% reported asthma, 6.8% arthritis and 3.3% diabetes excluding gestational diabetes.

These are self-reported suburb-wide Census figures, not address-level health risks.

How educated is Varsity Lakes?Qualifications describe the study pathways represented among local residents.

27.7% of people in the qualifications table held a bachelor degree. That is well above the Rest of Qld average.

Postgraduate degrees accounted for 9.1% of qualification responses.

Diploma-level qualifications represented 16.7%, while certificate-level qualifications represented 30.0%.

Qualification categories are reported separately and are not school ratings.

What do incomes and housing costs look like in Varsity Lakes?Census income and household payments give historical context for local living costs.

Median household income was $1,646 per week in the 2021 Census.

The median monthly mortgage repayment reported by local households was $1,842.

Occupied renting households reported a median rent of $490 per week.

These household figures are from 2021; current sale and asking-rent medians appear in the market section.

How does Varsity Lakes compare with Rest of Qld?A few clear differences place the suburb in its wider metropolitan context.

Working from home was 14.0% in Varsity Lakes, compared with 10.6% across Rest of Qld.

Outright ownership was 21.4% locally and 33.4% across Rest of Qld. That is well below the Rest of Qld average.

Renting accounted for 44.3% in Varsity Lakes, against 32.4% across Rest of Qld.

Capital-region comparisons use the same Census definitions and year.

Three useful questions

A buyer’s quick guide to Varsity Lakes

Is Varsity Lakes expensive?

The median house price is $1,380,000, while units and apartments sit at $927,000. Bedroom count, land and condition still create a wide range around those suburb medians.

Is Varsity Lakes good for families?

The Census counted 4,429 local families, and 18.4% of residents were under 15. That describes the community; school quality, travel times and the right fit for a particular family need separate research.

What can I get for $1.5m in Varsity Lakes?

4-bedroom houses have a median around $1,450,000, the closest bedroom benchmark we hold to a $1.5m budget. Individual homes can differ substantially with block size, renovation and location.

Medians describe recorded market activity across the suburb; they are historical context, not a valuation or forecast for an individual home.

Explore the area

Streets and suburbs around Varsity Lakes

204 streets in Varsity Lakes

Street-by-street reports are not published yet. The streets below are the ones this suburb covers.

  • Acklin Ct
  • Acton Dr
  • Alderney Ct
  • Alexandrina Dr
  • Allegro Pl
  • Altissimo Cl
  • Amorette Ave
  • Andorra Pl
  • Assembly Dr
  • Avellino Dr
  • Azzurra Dr
  • Babu St
  • Balmain St
  • Barbie Ave
  • Baruch St
  • Bayswater Ave
  • Bellvue Dr
  • Belmont Dr
Show all 204 streets
  • Belrose Bvd
  • Bergamo Dr
  • Bermuda St
  • Blue Ridge Cr
  • Boston Ct
  • Bridgewater Dr
  • Brier Cr
  • Burleigh Connection Rd
  • Bushlark St
  • Campelles Ave
  • Cape Martin Ln
  • Capital Court
  • Capiten Ct
  • Carina Peak Dr
  • Carla Ct
  • Casetta Ct
  • Cassia Dr
  • Castello Cct
  • Casua Dr
  • Cezaire Ave
  • Christine Ave
  • Clematis Ct
  • Comore Dr
  • Coolibah Cr
  • Cornell Ct
  • Coromandel Ln
  • Crown Ct
  • Cumberland Dr
  • Dartmouth Ct
  • Daryl Dr
  • Delnote Ct
  • Dorothy Pl
  • Duxton Dr
  • Elizabeth Cr
  • Emily
  • Emory Pl
  • Epstein Ct
  • Erica St
  • Eucalyptus Ave
  • Eugene Dr
  • Farrar Ct
  • Ferndahl Dr
  • Ficus St
  • Flint Ct
  • Frascott Ave
  • Fredrick Ct
  • Gainsborough Dr
  • Gammon Dr
  • Georgetown St
  • Georgia St
  • Geraldton Dr
  • Gerona Cct
  • Giardino Ln
  • Gladful Ct
  • Glasshouse Dr
  • Gothorpe Pl
  • Greenlands Dr
  • Grenada Ct
  • Grevillea Dr
  • Gymea Cr
  • Hedge
  • High St
  • Hillbrook Pl
  • Hillridge Cr
  • Illinois Ct
  • Imperia Cr
  • Isola Ln
  • John Duncan Ct
  • Jurien Cr
  • Kodiak Dr
  • Lader Tce
  • Lakefront Cr
  • Lake Orr Dr
  • Lakeridge Dr
  • Lake St
  • Lantau Cr
  • Largo Pl
  • Laura Pl
  • Little Blue Ln
  • Lolita Ct
  • Lomond Ct
  • Lonsdale Pl
  • Lowood Ct
  • Magenta Dr
  • Main St
  • Majorca Cr
  • Mapleton Cct
  • Marciana Cr
  • Marks Dr
  • Maroubra Ct
  • Marscay Ave
  • Massachusetts Ct
  • Mattocks Rd
  • Mauritius Ct
  • Mckinley Ct
  • Menton Ave
  • Meridien Ave
  • Mindelo Dr
  • Minnesota St
  • Misty Ct
  • Montville Ct
  • Moores Cr
  • Morea Ct
  • Moyenne Cr
  • Mulgrave Cr
  • Munia St
  • Murdoch Pl
  • Nepean Dr
  • North Shore Ave
  • Northwestern Ct
  • Notre Dame Ct
  • Pacific Hwy
  • Palma Cr
  • Pascali Ct
  • Pauls Ln
  • Pennsylvania Ave
  • Placid Ct
  • Poinsettia Pde
  • Pontoon Pl
  • Port Peyra Cr
  • Pristine Ct
  • Purdue St
  • Rafael Pl
  • Randwick Ct
  • Ranier Cr
  • Reedy Creek Rd
  • Regensberg Cl
  • Rice Pl
  • Rina Ct
  • Roundelay Dr
  • Saint Clair Ln
  • Saint Lucia Ct
  • Saint Paul Cr
  • Saleya Dr
  • Scottsdale Dr
  • Seafoam Cl
  • Shorehaven Pl
  • Shoreline Drive
  • Silvabank Dr
  • South Bay Dr
  • Southlake Dr
  • Stanford Ave
  • Stapley Dr
  • Station Pde
  • Stilt St
  • St Lucia Ct
  • Stonyfell Ct
  • Swinburne St
  • Tahoe Pl
  • Tannerone Ln
  • Thornleigh Cr
  • Tindari Pl
  • Titian St
  • Tourangeau Cr
  • Tracey Cr
  • Transit
  • Triscay Pl
  • Tulane St
  • Twin Oaks Pl
  • University Dr
  • Valbonne Ave
  • Valetta Cr
  • Vanderbilt Ct
  • Varsity Pde
  • Varsity Sound Ave
  • Viburnum St
  • Vinson Dr
  • Waimea Dr
  • Warbler Pde
  • Washington Ct
  • Watsons Ave
  • Wattle St
  • Watts Dr
  • Wharton St
  • Willow St
  • Windemere Cr
  • Wingate Ct
  • Winton Tce
  • Wisconsin St
  • Woodstone Ct
  • Woollahra Ct
  • Wylah St
  • Yale St
  • Yamie Ave
  • Yawl Pl
  • Yodelay St

Keep exploring

Is Varsity Lakes right for your search?

Use the finders to compare places and properties, or open the full report when you need the street, risk, schools and growth research.

Figures update as new market and census data arrives. This suburb overview is general information, not a valuation or financial advice.