Varsity Lakes at a glance
Median house
$1,100,000
Median unit
$730,000
Walk score
80
Very walkable
Population
16.5k
Median age 36
The brief
What to know about Varsity Lakes.
The postcode for Varsity Lakes is 4227 (QLD).
The median house price in Varsity Lakes is $1,100,000.
Varsity Lakes (4227) sits in the Gold Coast region of Queensland. The median house here is $1,100,000, above the Queensland median of around $780K.
Varsity Lakes has roughly 16,493 residents, with a typical family-age mix. Households are a roughly even mix of owners and renters. Day-to-day life here is very walkable, with most errands manageable on foot.
Side by side
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Day to day
What it’s like to live here.
Varsity Lakes scores 80/100 on walkability, which makes it very walkable with limited public transport. Coffee, groceries and a meal out are mostly walking-distance, which keeps a household viable on one car.
Summer days here average around 29°C (warm), winter mornings around 12°C (mild). Annual rainfall lands at about 1304mm. Data comes from the Bureau of Meteorology's Gold Coast Seaway station, 19.2km away.
Schooling within or near the suburb covers 6 government primary, 3 government secondary, 2 Catholic, 7 independent.
Who lives here
Demographics.
The 2021 Census put Varsity Lakes's population at 16,493, with a median age of 36. That sits as a typical family-age mix. Households are a roughly even mix of owners and renters (54% own, 43% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (70% family households, 24% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
Population
16,493
Median age
36
Family households
70%
Lone person
24%
Demographics data as of May 2026· ABS 2021 Census
Houses change hands at $1,100,000 on a typical sale, above the Queensland median. Units come in around $730,000, roughly 34% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $220,000. Prices sit above the Queensland median, so plan for a stretched deposit and shop carefully on borrowing capacity.
Market
The price of a home here.
Median house price
$1,100,000
+0.0% over the past year. Median unit price $730,000.
Sales data as of December 2024· sales-abs
Rental and ownership
Weekly rent (house)
$950/wk
Weekly rent (unit)
$800/wk
Owner occupied
54%
Renter occupied
43%
At a deeper level
$1,100,000
$730,000
16,493
Median age: 36
Rental data as of March 2026· rental-qld
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For investors
Investment overview.
Gross rental yield on houses sits at 4.49% (median rent $950/wk against a $1,100,000 price tag). Units yield 5.70% gross, often the better cash-flow play for first-time investors. With 43% of households renting, the leasing market is established and vacancy risk tends to be lower than in owner-dominated suburbs.
Gross Yield (House)
Source: ABS Data by Region (SA2-level, 2024) · Dec 20244.49%
Based on $1,100,000 median
Gross Yield (Unit)
Source: ABS Data by Region (SA2-level, 2024) · Dec 20245.70%
Based on $730,000 median
Annual Growth (House)
Source: ABS Data by Region (SA2-level, 2024) · Dec 2024–
Year-on-year capital growth
Annual Growth (Unit)
Source: ABS Data by Region (SA2-level, 2024) · Dec 2024–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202654%
Higher = more owner-occupier demand
Days on Market
Source: ABS Data by Region (SA2-level, 2024) · Dec 2024–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Safety
Crime and safety.
LGA-wide data, not suburb-specific
QLD Police only publishes crime statistics at the local government area / region level. The numbers below cover the entire Gold Coast City Council, which may include suburbs with very different crime profiles. Quieter residential pockets within the LGA likely have lower rates than the total suggests; busier areas may have higher.
82,921
total offences in 2026 across the Gold Coast City Council LGA
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Getting around
Walkability.
80
0
100
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Varsity Lakes.
Local schools for Varsity Lakes
View the catchment for each school to find out more.
Government School Catchment
Varsity College
Caningeraba State School
Robina State School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
1304 mm
Hottest Month (avg max)
28.9°C
Coldest Month (avg min)
12.0°C
Monthly Rainfall (mm)
Weather data from BOM station Gold Coast Seaway (19 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Varsity Lakes.
- What is the median house price in Varsity Lakes?
- The median house price in Varsity Lakes, QLD 4227 is $1,100,000. The median unit price is $730,000.
- What is the Varsity Lakes postcode?
- Varsity Lakes is in the 4227 postcode, in QLD, in the Gold Coast City Council region.
- Where is Varsity Lakes?
- Varsity Lakes is a regional suburb in QLD, postcode 4227, in the Gold Coast City Council region.
- What is the average rent in Varsity Lakes?
- The median weekly rent for houses is $950, for units it's $800.
- What schools are in Varsity Lakes?
- There are 20 schools serving Varsity Lakes on this page, including Varsity College, Caningeraba State School, Marymount Primary School.
- How walkable is Varsity Lakes?
- Varsity Lakes has a Walk Score of 80 out of 100, very walkable. transit score 0, bike score 100.
- What suburbs are near Varsity Lakes?
- Varsity Lakes is close to Burleigh Bc, Burleigh Waters, Tally Valley, Burleigh Heads, Burleigh Town.
- What is the population of Varsity Lakes?
- The population of Varsity Lakes is approximately 16,493 (2021 Census). The median age is 36.
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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