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This property has been sold for $979,000 on 24 Aug 2026
54 days on market
Market context at sale
Property overview
This 3-bedroom house at 13A Mulgrave Crescent in Varsity Lakes, QLD 4227 sold for $979K in August 2026, with 2 bathrooms and parking for 2. It offers a 167 m2 block and 105 m2 of internal living space. The house was built in 2000. Varsity Lakes sits about 79 km from the CBD, where the median house price is $1.4M. Council data shows no flood or bushfire overlay on the site. There are 20 schools within roughly 5km, and the area scores 41 for walkability and 62 for transit out of 100.
A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.
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Based on $1,049,000 asking signal.
Signals use available listing and suburb data. They are not personal financial advice.
Listed
Updated
Days on market
54
Investment Score
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Varsity Lakes at a glance
House market signals | QLD 4227
Median
$1.4M
Market signals
To CBD
79 km
Est. Valuation
$1,261,832
Potential Sell Price
Est. Rent/wk
$855
Potential Gross Yield
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Key Highlights
Planning Overlays
No Overlays Detected
Subdivision & Development Potential
Indicative assessment only. Consult your local council planning department for definitive subdivision information.
Total Cost to Purchase
- Purchase Price
- $1,049,000
- Stamp Duty (Queensland)
- $40,843
- Transfer/Registration Fee
- $1,200
- Legal & Conveyancing (est.)
- $2,000
- Building & Pest Inspection (est.)
- $700
- Total Cash Required
- $1,093,743
Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.
Listing Details
- Listed
- Last Updated
- Postcode
- 4227
- Original listing
- Original listing is on paid plans
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How accurate are AU property valuations?
Four providers benchmarked against 14,000 sold prices. MAE 6.82% to 11.24%, all biased high.
Where Australian property prices are rising and falling in 2026
Capital growth across 12,000+ tracked suburbs: WA +12%, VIC +3.9%, plus the picture in every other state.
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