Property management in Varsity Lakes
Gold Coast property management
If you own a rental in Varsity Lakes, new tenancies here start week in, week out: the RTA recorded 225 new rental bonds in the September quarter, and between 223 and 233 in each of the three quarters before. Varsity Lakes is a master-planned suburb of the City of Gold Coast, between Robina and Burleigh Waters, with its own train station. This guide covers what Varsity Lakes rents for, what it is like to live in, and how we would manage your property here and in Reedy Creek next door.
Your property in Varsity Lakes
Varsity Lakes rentals are split three ways
Of the 2,691 homes rented in Varsity Lakes in 2021, 1,018 were units, 898 townhouses and 775 houses. Bond University is just over the border in Robina, and 1,103 Varsity Lakes residents were studying at university or another higher education provider in 2021. With this many leases starting and ending, the date each one ends is worth watching. Rent reviewed 90 days before a fixed-term tenancy ends.
When you have a question about your property, you should not have to chase the answer. Emails answered within one business day. Our property managers take your calls. Grant Drennan, our founder and Director, is an investor himself and the constant behind every property we manage. Start with a free Investor Portfolio Review: a look at your whole portfolio, not just the one property. Rental appraisals are free, with no obligation.
Nearby guides: Robina, Burleigh Waters, Burleigh Heads.
Varsity Lakes rents
What new Varsity Lakes tenancies were signed at last quarter
You want to know what Varsity Lakes rents for before you decide anything. Here are the RTA’s median weekly rents for new tenancies in Varsity Lakes, by type and bedroom.
| Type and bedrooms | Median weekly rent | Quarter |
|---|---|---|
| All homes | $840 | September 2026 |
| Unit, 1 bedroom | $620 | September 2026 |
| Unit, 2 bedrooms | $820 | September 2026 |
| Townhouse, 3 bedrooms | $900 | September 2026 |
| House, 3 bedrooms | $950 | September 2026 |
| House, 4 bedrooms | $1,200 | September 2026 |
Three-bedroom units are left out: their median swings too much to rely on. Too few two-bedroom houses and townhouses were leased for a median.
Source: Residential Tenancies Authority (Queensland), median weekly rents for new bonds, September quarter 2026, licensed under CC BY 4.0.
A median is the middle of every new lease across the suburb, not a figure for your home. A free rental appraisal tells you what yours would rent for.
Living in Varsity Lakes
Varsity Lakes was swamp, then dairy land, then a planned suburb
In the 1800s Thomas Blacket Stephens bought 6,980 acres of swampy hinterland in this area and began draining it for dairying. In 1999 Delfin Lend Lease bought the land between Stephens and Robina and began the Varsity Lakes development, creating Lake Orr and Lake Azzura. The suburb itself dates from 2002, when Stephens, Andrews and part of Robina were merged to form it.
Varsity College, a state school from Prep to Year 12, opened in 2001, with its primary campus on Bridgewater Drive and its secondary campus on Varsity Parade. Lake Orr straddles the border with Robina, and Varsity Central Park is in the suburb. The Pacific Motorway runs along the suburb’s western edge, and Reedy Creek Road along its southern one.
Next door
Reedy Creek
Reedy Creek is Varsity Lakes’ neighbour across the Pacific Motorway, a hinterland suburb that rises from about 10 metres in the north to more than 190 metres in the south. A four-lane bridge and a pedestrian overpass have linked it to Varsity Lakes station since 2009. In 2021, six in ten of its homes had four or more bedrooms, and 18.1% were rented. King’s Christian College, Hillcrest Christian College and Graceview Adventist College, all Prep to Year 12, are in its north. Reedy Creek is in the City of Gold Coast. We manage properties in Reedy Creek too.
Varsity Lakes at the 2021 Census
Source: Australian Bureau of Statistics, 2021 Census.
Schools
Varsity College's catchment covers almost all of Varsity Lakes for high school
State primary schools: most of the suburb is in the Varsity College catchment, about a third is in the Caningeraba State School catchment (the school is in Burleigh Waters), and a small part is in Robina State School’s.
State secondary schools: almost all of Varsity Lakes is in the Varsity College catchment for Years 7 to 12, with small edges in the Miami State High School and Robina State High School catchments.
Non-state schools in Varsity Lakes: Mastery Schools Australia (Years 4 to 10). Nearby: Arcadia College and Silkwood School in Robina, Marymount College and Marymount Primary in Burleigh Waters, Somerset College in Mudgeeraba, and the three Reedy Creek colleges above.
Reedy Creek’s state catchments are different: Clover Hill State School, in Mudgeeraba, for primary, and almost all of it Robina State High School for Years 7 to 12.
Catchments change, and the boundary follows streets, not suburbs. Check any address on the Queensland Government’s school catchment map before you rely on it.
Getting around
The Gold Coast line ends at Varsity Lakes
Varsity Lakes station, opened in December 2009, is the southern end of the Gold Coast line. Buses run from the station; see TransLink for current routes. By road and without traffic, Robina Town Centre is about 7 minutes away, Surfers Paradise about 17 minutes, Gold Coast Airport about 19 minutes and Brisbane’s CBD about 68 minutes.
Worth knowing
Three things a Varsity Lakes owner can look up
- Flood levels: the City of Gold Coast’s Flood level search gives the designated flood level for a property. The council notes it covers riverine flooding only, not local flash flooding.
- Units in tall buildings: 553 of Varsity Lakes’ 1,496 units are in blocks of nine storeys or more. If yours is in a body corporate scheme, the Queensland Government’s body corporate pages set out who maintains what.
- Future rail: on 31 July 2026 the Queensland Government said it will preserve the rail corridor from Varsity Lakes to Gold Coast Airport for a possible future heavy rail connection. It gave no date.
How much rent can I get in Varsity Lakes?
The RTA's medians in the table above are for new tenancies across the whole suburb. What yours would rent for depends on the property, and a free rental appraisal tells you. Rental appraisals are free, with no obligation.
Do you manage properties in Varsity Lakes and Reedy Creek?
Yes. Your Property Team manages investment properties across the Gold Coast, Brisbane and Logan.
How do I switch property managers?
When you appoint us, we give your current agent 30 days' notice for you, and the handover happens during those 30 days. Your tenant's lease carries on unchanged.
Who approves repairs?
You do. No money is spent on repairs or maintenance without your approval, except emergency repairs the law allows. Every maintenance request is acknowledged straight away and reviewed by your property manager within one business day.
Where we work
The Gold Coast, Brisbane and Logan.
We manage properties in every suburb of the Gold Coast, Brisbane and Logan, not only those listed here. These are the suburbs we've written guides for.
Free · No obligation
What could your property rent for?
Find out what your property should be earning. We compare it with rents for similar properties in your area and with current demand. It costs nothing, and there's no obligation.
Google reviews
In our owners' own words.
i have been dealing with Giles for a number of years and he is fantastic - always returns emails and phone calls and is upfront honest.
Excellent service and attention to detail that my previous agent overlooked. I'm very happy with Grant and his team's service.
Has been a pleasure dealing with Ben and Grant.
your property team were professional & passionate when guiding me through my journey. they have the knowledge and skills that have helped me accomplish my biggest achievements yet. I not only organised my finances through your property team but they are also the acting property managers for my investments. they are a friendly and confident team with quality standards.
We have had such good experience with this company. So happy with their handling of our rental property. Highly recommend these agents.
We appreciated the hard work put in to find the right tenants for our home. Excellent customer service. Highly recommend.
Talk to us
Let's talk about your property.
Not sure where to start? A free Investor Portfolio Review looks at your whole portfolio, not just the one property. Or, if you only want to know what a property could rent for, ask for a free rental appraisal, with no obligation.
