ABS 2021 Census · Updated 31 March 2026
Varsity Lakes is a coastal suburb in Queensland, Australia, with a population of approximately 16,493, making it a smaller community. Located approximately 79 km from the Brisbane CBD, Varsity Lakes is a coastal area in Queensland. The median household income is $85,592 AUD per year (ABS 2021 Census).
Household incomes in Varsity Lakes sit in a comfortable mid-range for the Queensland market. Coastal lifestyle appeal adds a premium that supports long-term demand.
Map shows Varsity Lakes, Queensland, Australia.
Official Australia Post postcode for Varsity Lakes. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.
ABS Census Data →Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.
State Rental Authority →Annual median household income (before tax) for all households. Source: ABS 2021 Census.
ABS Census Data →Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 4 schools within or near this suburb based on ABS 2021 data.
Find schools near Varsity Lakes on My School →Estimated 7 parks and green spaces near this suburb. Source: ABS 2021 data.
Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.
ABS Census Data →Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.
ABS Census Data →Coastal lifestyle is a strong draw for Varsity Lakes, supporting both long-term rental demand and holiday letting potential. Seaside suburbs in Queensland consistently attract interstate migration and lifestyle buyers. The median rent of $490/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $1,842/month. The median household income of $85,592/year reflects a solid demographic, supporting sustainable rental demand.
Varsity Lakes offers moderate buy-and-hold potential — look for properties with value-add opportunities.
Rental returns in Varsity Lakes are attractive relative to purchase prices, supporting positive cash flow.
Some renovation potential exists in Varsity Lakes, though margins may be tighter due to higher base prices or competition.
Run the numbers on a Varsity Lakes property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Varsity Lakes is expected to see moderate price growth in 2026 as the broader Queensland market stabilises. Rental demand is expected to be stable, though landlords may need to remain competitive on pricing. Varsity Lakes offers measured appeal for investors willing to look beyond headline metrics.
Varsity Lakes is a coastal area in Queensland with a population of 16,493. The median rent is $490/week and the median household income is $85,592/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.
Key demand drivers in Varsity Lakes include lifestyle appeal and proximity to the coast. 41% of dwellings are separate houses. The area has approximately 4 schools and 7 parks nearby.
According to the ABS 2021 Census, Varsity Lakes has a population of approximately 16,493. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
Varsity Lakes is approximately 79 km straight-line distance from the Brisbane CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.