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PRIVATE PROPERTY REPORT · Updated Thursday 22 October 2026Thu 22 Oct 2026
Aerial view of 5/9 South Bay Drive
A living map — drive times, sold comps & your commute

5/9 South Bay Drive

Varsity Lakes, QLD · Blu Terraces
3 bed2 bath2 carSurvey plan scheme
WHAT RECORDED SALES SAY

Recorded sales put this unit between

$1,151,310 – $1,560,846

Priced from recent sales in this building, brought to today by a bedroom-matched index.

Last recorded sale$660,000 · Jul 2020 · held 6 years

Blu Terraces

Scheme
Survey plan
low-rise (1–2 storeys)
Last sale in this scheme
2026
Fields records
Homes in the scheme
10
10 with 3 bedrooms
Building height
7.8 m
lift: unlikely (inferred)

3-bedroom units sold nearby

Prices as recorded, no adjustment
SOLD · 10 MAY 2026 · 20 m
2/9 South Bay Drive$1,330,000
3 bed · 2 bath
SOLD · 1 JUL 2026 · 50 m
8/2 Emily Way$1,032,000
SOLD · 22 MAR 2026 · 180 m
92/302 Christine Avenue$1,020,000
SOLD · 17 DEC 2024 · 200 m
6/302 Christine Avenue$770,000
SOLD · 26 JUN 2025 · 250 m
15/302 Christine Avenue$865,000

Rent and yield, postcode 4227

Unit asking rent
$856 a week
4 weeks to Oct 2026
Gross yield at this unit’s range
2.9%–3.9%
postcode rent, before costs

Gross yield = asking rent × 52 ÷ price, before costs. Postcode-level asking rents from SQM Research. General information, not advice.

Follow sales around Blu Terraces

One email a month, or sooner when a unit near South Bay Drive sells. Recorded sales and new listings near you, with the range shown on this page and a link back to it. From Will Simpson.

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Varsity Lakes in numbers

Median unit price, last 12 months
$955,000
Units listed now
33
Drive from this home
Varsity College Junior Campus 1 min · Robina Town Centre 6 min · Burleigh Beach 9 min · Surfers Paradise 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.
Walkthrough · 4 minClearance rates halved in a year

If you sold today

See how Varsity Lakes is moving right now.