10/9 Moores Crescent Varsity Lakes QLD 4227

Waterfront unit complex | Recently listed offers over $1.3M | Flood overlay consideration | Strong school access This three-bedroom apartment in the H2O waterfront complex on a 172-square-metre lot appeals to buyers seeking low-maintenance coastal living with established neighbourhood infrastructure and proximity to quality education options. The property was constructed in 2009 and last traded at 575,000 in June 2021, representing significant appreciation over the past five years as the Varsity Lakes market has strengthened. The current asking price of offers over 1,349,000 reflects the broader appreciation trajectory in this established waterfront precinct, though the flood overlay flagged on the property warrants assessment before purchase commitment. As a unit within the H2O complex, the property offers the convenience of managed common facilities and reduced maintenance burden compared to standalone homes, which typically attracts downsizers, young professionals, and investors seeking rental yield in a relatively stable residential market. The single parking space is standard for this property class and segment in Varsity Lakes, though buyers with multiple vehicles may view this as a constraint. Located 1 kilometre from Varsity College and proximate to additional primary school options including Caningeraba and Robina State Schools, the property sits in a family-oriented catchment that supports long-term demographic stability. The NBN Fibre to the Node and 5G mobile coverage provide modern connectivity infrastructure typical of newer Gold Coast developments. Waterfront unit complexes in this market segment tend to perform well during holding periods, supported by consistent demand from retirees and downsizers attracted to the lifestyle proposition and proximity to retail and recreational amenities along the waterfront corridor.