Average rent in Varsity Lakes, QLD — 2026

Varsity Lakes is one of the more expensive parts of Queensland to rent in — the typical renter pays $490/week, around 36% above the state median of $359/week (ABS Census 2021). Most households here own (around 55% are owners or paying a mortgage), and the suburb is mostly separate houses (43%) rather than units. That mix usually means a smaller, slower-turnover rental pool than in inner-city areas at a similar price. The suburb sits 79km from Brisbane, with a population of around 16,639 and a median age of 36. The biggest occupation category is Professionals. Renters often wait longer here, and inspections fill quickly when stock does come up.