Varsity Lakes, situated on the Gold Coast of Queensland, is a vibrant and appealing suburb known for its blend of modern living and natural beauty. This suburb boasts a variety of parks, lakes, and access to the stunning coastline, making it an ideal choice for families, young professionals, and retirees alike. In this article, we explore the best residential areas within Varsity Lakes, highlighting their unique characteristics, housing options, and average prices.
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Varsity Lakes Lakeside

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Lakeside Varsity offers a tranquil residential environment with serene lake views and a family-friendly atmosphere. It features beautiful parks and walking paths, making it perfect for outdoor enthusiasts and families.
Characteristics of the Varsity Lakes Lakeside
* Culture: Community-focused with a blend of modern homes and green spaces.
* Transportation: Bus services available with access to train stations nearby.
* Services: Close to schools, childcare services, and grocery stores.
* Environment: Peaceful, safe, and community-oriented.
Housing Options in the Varsity Lakes Lakeside
Single-family homes, Townhouses, Units
Average Home Prices in the Varsity Lakes Lakeside
* Buying: $800,000 – $1,200,000
* Renting: $550 – $800/month
Varsity College Area

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This area is renowned for its proximity to premium educational institutions such as Varsity College. It's an ideal spot for families prioritising education for their children.
Characteristics of the Varsity College Area
* Culture: Strong emphasis on education and family activities.
* Transportation: Well-connected via public transport, including bus routes.
* Services: Various schools, parks, and local shops available.
* Environment: Family-friendly, active, and vibrant.
Housing Options in the Varsity College Area
Family homes, Apartments, Duplexes
Average Home Prices in the Varsity College Area
* Buying: $750,000 – $1,050,000
* Renting: $600 – $850/month
Varsity Waters

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Varsity Waters stands out with its waterfront properties and luxury living options. Ideal for those seeking a highly desirable lifestyle surrounded by nature and water.
Characteristics of the Varsity Waters
* Culture: Luxury living with a focus on leisure and relaxation.
* Transportation: Car is recommended; close to main roads.
* Services: Upscale retail and dining options nearby.
* Environment: Sophisticated, scenic, and serene.
Housing Options in the Varsity Waters
Luxury homes, Water-front properties, Townhouses
Average Home Prices in the Varsity Waters
* Buying: $1,200,000 – $1,800,000
* Renting: $750 – $1,200/month
East Lake Area

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The East Lake Area offers a blend of residential comfort and proximity to essential amenities. It’s close to the shopping centre and cafes, making it convenient for everyday living.
Characteristics of the East Lake Area
* Culture: Diverse community with mix of cultures.
* Transportation: Public transport options including buses, plus easy access to major roads.
* Services: Shopping centres, cafes, and recreational facilities are all within reach.
* Environment: Convenient, lively, and welcoming.
Housing Options in the East Lake Area
Apartments, Units, Single-family homes
Average Home Prices in the East Lake Area
* Buying: $600,000 – $900,000
* Renting: $500 – $750/month
Varsity Park

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Varsity Park is an enchanting green space area ideal for families. It features parks, playgrounds, and sports facilities, promoting an active lifestyle.
Characteristics of the Varsity Park
* Culture: Emphasis on outdoor family activities and sports.
* Transportation: Accessible via bus routes and cycling paths.
* Services: Local schools, sports complexes, and essential shops nearby.
* Environment: Community-oriented, vibrant and active.
Housing Options in the Varsity Park
Family homes, Townhouses, Duplexes
Average Home Prices in the Varsity Park
* Buying: $700,000 – $1,000,000
* Renting: $550 – $800/month
Emerald Lakes

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Emerald Lakes is a unique residential enclave known for its stunning lake views and luxury properties. It's a sought-after area for those looking for an upscale living environment.
Characteristics of the Emerald Lakes
* Culture: High-end community with leisure facilities such as golf courses.
* Transportation: Car essential; located near the M1 motorway for quick access.
* Services: High-quality restaurants, cafes, and shops close by.
* Environment: Luxurious, serene, and prestigious.
Housing Options in the Emerald Lakes
Upscale properties, Townhouses, Villas
Average Home Prices in the Emerald Lakes
* Buying: $1,000,000 – $2,500,000
* Renting: $800 – $1,500/month
Frequently Asked Questions About the Best Residential Areas in Varsity Lakes:
The best residential areas in Varsity Lakes include Lakeside, Varsity College Area, Varsity Waters, East Lake, Varsity Park, and Emerald Lakes.
The Varsity College Area and Varsity Park are ideal for families due to their close proximity to schools and recreational facilities.
Varsity Waters and Emerald Lakes offer a variety of luxury housing options with stunning views and high-end amenities.
The average rental prices in Varsity Lakes range from $500/month for units to $1,200/month for luxury homes.
East Lake and Varsity Park are popular choices for first-home buyers due to their relatively affordable housing options.
Varsity Lakes has a good public transport system, with bus services connecting residents to nearby train stations and the Gold Coast area.
Residents have access to schools, parks, shopping centres, cafes, and recreational facilities, making it a highly convenient suburb.
The median house prices in Varsity Lakes range from $600,000 to $1,800,000, depending on the area and property type.
Yes, Varsity Lakes is considered a safe suburb with a strong community ethos and a low crime rate.
There is a wide variety of properties available in Varsity Lakes, including family homes, townhouses, units, and luxury properties.
Conclusion on the Best Residential Areas in Varsity Lakes:
Varsity Lakes is a dynamic suburb on the Gold Coast, offering residents a blend of modern living and natural beauty. Each residential area features unique characteristics suited to different lifestyles, whether you're seeking the family-friendly atmosphere of Varsity Park, the educational focus of Varsity College Area, or the luxury living of Emerald Lakes. With a range of housing options and convenient amenities, Varsity Lakes is a desirable location for individuals and families alike. Choosing the right area will depend on your lifestyle preferences, from tranquil lakeside living to vibrant community engagement.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.