17/5 Assembly Drive, Varsity Lakes QLD 4227
17/5 Assembly Drive, Varsity Lakes QLD 4227
A three-bedroom, two-bathroom townhouse with two car spaces on a 195 m² strata lot at 5 Assembly Drive, Varsity Lakes. Built around 2013, it sits in a 31-unit complex with no flood, bushfire, or heritage constraints. The configuration is standard for the suburb, but the lack of environmental risk and the secure, low-maintenance footprint are genuine advantages for a certain buyer.
The property’s competitive strength lies in its straightforward, risk-free positioning. With no flood or bushfire exposure and a relatively modern build, it offers a dependable, low-surprise townhouse in a high-density complex. The two car spaces are a practical edge over many similar units, and the 195 m² lot is consistent with typical townhouse stock in Varsity Lakes, making it a solid, unremarkable choice. This townhouse best suits a buyer seeking a stable, turnkey home in a well-established area, where the primary concern is convenience and predictability rather than standout features or land size.
The value of this townhouse may be influenced by its smaller private land footprint compared to larger units in the same building, which could limit its appeal to buyers prioritising outdoor space. Being part of a 31-property complex, strata fees and potential noise from neighbours might factor into long-term holding costs and living experience. The 2013 build age means some maintenance may be approaching, though the absence of environmental risks reduces insurance concerns. Buyers should weigh these factors against the property’s straightforward configuration and secure location when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 17/5 Assembly Drive, Varsity Lakes QLD 4227
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
1
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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
2
Land
2.27 acres
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