11 Grenada Court, Varsity Lakes QLD 4227

11 Grenada Court, Varsity Lakes QLD 4227
compact modern house | 3 bed 2 bath on 295sqm | 153sqm internal | parking count varies | convenience-driven Varsity Lakes pocket This property is competitively positioned as a low‑maintenance modern house on a compact 295sqm lot, with a functional 153sqm floor plan that suits a family, professional couple, or downsizer seeking a lock‑and‑leave lifestyle without sacrificing separate bedrooms. Its configuration reads as a detached house rather than a townhouse, which typically commands a premium over attached stock in this suburb. The location near schools, university, and shops points to strong owner‑occupier appeal and solid rental depth, making it a versatile option for a buyer who values convenience and wants a property that can suit either occupation or investment without major compromise. The inconsistency in reported parking—one space versus two—may affect perceived utility and could narrow the buyer pool for households with multiple cars, though a single car space is common for this lot size. The 153sqm floor area on a 295sqm lot suggests efficient use of space but limited scope for extension or large outdoor entertaining, which may be a constraint for families requiring generous backyard room. Build year and finish quality are not confirmed, so the buyer should verify construction standard and any deferred maintenance, as these factors could influence both near‑term holding costs and long‑term resale appeal.
Detailed Independent Property Report prepared  by PropCred Analyst team for 11 Grenada Court, Varsity Lakes QLD 4227
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Market Insight:

Varsity Lakes is a high-demand lifestyle suburb, attracting families, professionals, and investors drawn to its proximity to quality schools, Bond University, and beaches. This diverse buyer pool is driving a highly active market, with houses selling in a median of 15 days and achieving strong annual price growth of 13-16%. Future growth is underpinned by its established amenity and educational facilities, though premium pricing reflects its desirability and competitive conditions.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

1

Land

295m²

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