Smarter with data.PRIVATE PROPERTY REPORT · Updated Thursday 22 October 2026Thu 22 Oct 2026
A living map — drive times, sold comps & your commute
1/38 Frascott Avenue
Varsity Lakes, QLD · Cinnamon Court
2 bed1 bath2 carBuilding units scheme
WHAT RECORDED SALES SAY
Recorded sales put this unit between
$782,666 – $1,061,071
No sale in this unit's own complex could be used, so this comes from units with the same bedroom count elsewhere in Varsity Lakes.
Last recorded sale$335,000 · May 2017 · held 9 years
Cinnamon Court
Scheme
Building units
low-rise (1–2 storeys)
Last sale in this scheme
2025
Fields records
Homes in the scheme
4
Common property
1,600 m²
2-bedroom units sold nearby
Prices as recorded, no adjustment
SOLD · 11 JUN 2025 · 80 m
1/66 Mattocks Road$915,000
3 bed · 1 bath
SOLD · 16 AUG 2023 · 90 m
3/39 Frascott Avenue$580,000
SOLD · 26 AUG 2025 · 90 m
2/70 Mattocks Road$990,000
SOLD · 23 OCT 2025 · 90 m
1/68 Mattocks Road$1,020,000
SOLD · 10 AUG 2026 · 90 m
4/44 Frascott Avenue$950,000
Rent and yield, postcode 4227
2-bed unit asking rent
$844 a week
4 weeks to Oct 2026
Gross yield at this unit’s range
4.1%–5.6%
postcode rent, before costs
Gross yield = asking rent × 52 ÷ price, before costs. Postcode-level asking rents from SQM Research. General information, not advice.
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Varsity Lakes in numbers
Median unit price, last 12 months
$955,000
Units listed now
33
Drive from this home
Marymount College 5 min · Burleigh Beach 8 min · Robina Town Centre 10 min · Gold Coast Airport 17 min
Source: Fields sales records. Figures as recorded.
FROM WILL SIMPSON · FIELDS REAL ESTATE
The Gold Coast market, explained on camera
Short takes from Will on what the data is showing right now.
