Reedy Creek vs Varsity Lakes
In both, most households own their home. In Reedy Creek, most homes are detached houses and most households are couple families. Houses cost more in Reedy Creek: a median of $1.63 million, against $1.31 million in Varsity Lakes, though rent is higher in Varsity Lakes. On these figures, Reedy Creek tends to suit families with children and couples, while Varsity Lakes suits people living alone and buyers on a tighter budget.
Which one suits you?
There is no overall winner — the suburb that suits a family with school-age kids is routinely the wrong one for someone commuting into the city. So each of these answers its own question, against a checklist you can see, using the same figures in the tables below.
Families with school-age kids
Reedy Creek
ahead on 3 of the 6 things we measure here
- has more separate houses rather than flats (70% vs 43%)
- carries lower crime risk (39/100 vs 59/100)
- is already more of a family suburb (80% vs 58%)
- But Varsity Lakes has more parks and reserves (39 vs 2)
Weighs schools, house stock, crime, parks, childcare, and who already lives there.
First-home buyers
Varsity Lakes
ahead on the one thing that separates them
- has cheaper houses ($1,310,000 vs $1,630,000)
Weighs house prices, unit prices, and mortgage stress.
Renters
Reedy Creek
ahead on 2 of the 3 things we measure here
- leaves renters under less rental stress (20% vs 30%)
- has cheaper rent ($450/wk vs $490/wk)
- But Varsity Lakes has a bigger rental market to choose from (44% vs 18%)
Weighs rent, rental stress, and how much is for rent.
Commuting to the city
Varsity Lakes
ahead on the one thing that separates them
- is more walkable (69/100 vs 36/100)
Weighs distance, drive time, rail access, and walkability.
Downsizers and retirees
Varsity Lakes
ahead on 3 of the 5 things we measure here
- has more GPs (6 vs 2)
- is more walkable (69/100 vs 36/100)
- has more units and townhouses to downsize into (57% vs 30%)
- But Reedy Creek carries lower crime risk (39/100 vs 59/100)
Weighs smaller dwellings, who already lives there, GPs, walkability, and crime.
Investors
Too close to call
Nothing among the 2 things we measure here separates them by enough to be worth acting on.
Weighs house yield and population growth.
Where they sit
Reedy Creek and Varsity Lakes drawn to the same scale. Both outlines are shown together, so the map answers whether they share a border and how their areas compare.
Bars start at zero. Scores, risks and rankings are drawn against their full 0–100 range; other rows are drawn in proportion to the larger of the two.
Side by side, out of 100
Risks are inverted — shown as safety and low exposure — so a longer bar always means better.
Demographics
Varsity Lakes has more residents (16,493 vs 7,412); Reedy Creek has higher household incomes ($115,908 vs $85,592).
| Reedy Creek | Varsity Lakes | |
|---|---|---|
| Population | 7,412 | 16,493 +123% vs other |
| Population trend (2016 → 2021) | +11.3% | +9.8% |
| Median age | 37 | 36 |
| Median household income | $115,908/yr +26% vs other | $85,592/yr |
| Median weekly rent | $450/wk | $490/wk +9% vs other |
Age profile
Share of residents in each band, 2021 Census.
Bars are drawn against the largest share shown (17.3%).
Who lives together
Household composition, 2021 Census.
Who owns and who rents
Occupied private dwellings by tenure, 2021 Census.
Qualifications
Highest non-school qualification, residents 15+, 2021 Census.
Bars are drawn against the largest share shown (15.0%).
Where residents were born
Largest overseas birthplaces, as a share of all residents, 2021 Census. A dash means that country is not among the suburb's own eight largest.
Bars are drawn against the largest share shown (6.2%).
What people live in
Occupied private dwellings by structure, 2021 Census.
Property market
| Reedy Creek | Varsity Lakes | |
|---|---|---|
| Median house price | $1,630,000 | $1,310,000 |
| Median unit price | $785,000 | $820,000 |
| Median land price | $1,500,000 | — |
| Typical days to sell (houses) | 33 days from 77 sales | 22 days from 121 sales |
House price by bedroom count
Only bed counts both suburbs published enough sales for. Sale counts are shown because the buckets differ in depth.
26 vs 113 sales
70 vs 94 sales
39 vs 13 sales
Development activity
| Reedy Creek | Varsity Lakes | |
|---|---|---|
| New dwellings approved | 7,196 across Gold Coast same for both | |
| Approvals change year on year | -35% same for both | |
Gross rental yield
| Reedy Creek | Varsity Lakes | |
|---|---|---|
| Houses | 4.5% $1,200/wk on $1.4M | 4.6% $950/wk on $1.08M |
| Units | — | 4.6% $795/wk on $899K |
Ranking within QLD
| Reedy Creek | Varsity Lakes | |
|---|---|---|
| House price | — same for both | |
| Income | Higher than 86% of QLD | Higher than 59% of QLD |
| Schools | Higher than 17% of QLD | Higher than 43% of QLD |
| Walkability | Higher than 83% of QLD | Higher than 92% of QLD |
| Affordability | — same for both | |
| EV adoption | Higher than 91% of QLD same for both | |
| NBN connectivity | Higher than 76% of QLD | Higher than 80% of QLD |
| Rental yield (houses) | Higher than 75% of QLD | Higher than 79% of QLD |
| Rental yield (units) | — | Higher than 56% of QLD |
Liveability
Varsity Lakes is more walkable (69 vs 36); Reedy Creek scores higher overall (61 vs 55).
| Reedy Creek | Varsity Lakes | |
|---|---|---|
| Grade | B same for both | |
| Score | 61/100 | 55/100 |
| Socio-economic band | very advantaged area decile 9/10 | advantaged area decile 7/10 |
Risk profile
Varsity Lakes carries more crime risk (59 vs 39).
| Reedy Creek | Varsity Lakes | |
|---|---|---|
| Bushfire | None 0/100 same for both | |
| Crime | Low 39/100 | Moderate 59/100 |
| Flood | — same for both | |
| Coastal erosion | None 0/100 same for both | |
| Aircraft noise | None 0/100 same for both | |
| Industrial facilities nearby | 8 within 5 km same for both | |
Schools
| Reedy Creek | Varsity Lakes | |
|---|---|---|
| Inside the suburb | 3 | 4 |
| Rated above peers | 0 same for both | |
| Rated at peers | 3 | 1 |
| Rated below peers | 0 same for both | |
| Universities within 10 km | 1 Gold Coast campus, 4.6 km | 1 Gold Coast campus, 2.7 km |
| Full-time students aged 15–24 | 2.3% | 3.6% |
Schools in Reedy Creek
- Gold Coast Christian College Independent · Combined at peers
- Hillcrest Christian College Independent · Combined at peers
- King's Christian College Independent · Combined at peers
Schools in Varsity Lakes
- Varsity College Government · Combined at peers
- Arcadia College - Varsity Lakes Temporary Facility Independent · Secondary
- Mastery Schools Australia - Varsity Lakes Campus Independent · Combined
- Mastery Schools Australia - Varsity Lakes Secondary Temporary Facility Independent · Secondary
Amenities in the suburb
| Reedy Creek | Varsity Lakes | |
|---|---|---|
| Supermarkets | 1 | 3 |
| Cafes & restaurants | 3 | 14 |
| Parks & reserves | 2 | 39 |
| Childcare | 8 | 6 |
| GPs | 2 | 6 |
| Pharmacies | 1 | 2 |
| Banks & Bank@Post | 0 | 2 |
| Fuel stations | 0 | 2 |
| Waterways | 10 | 23 |
Mobility
| Reedy Creek | Varsity Lakes | |
|---|---|---|
| Walkability score | 36/100 | 69/100 |
| Distance to Brisbane | 86.7 km | 86 km |
| Drive time (normal traffic) | 64 min | 67 min |
| Public transport score | 72/100 Bus | 79/100 Rail · Bus |
| Peak arrivals per hour | 27.0 7-9am + 5-7pm | 142.8 7-9am + 5-7pm |
| Median peak wait | 1 min scheduled, not actual | 0 min scheduled, not actual |
| Electric vehicle share | 1.6% postcode 4227 same for both | |
| Rooftop solar per 100 dwellings | 50 postcode 4227 same for both | |
How people get to work
Method of travel on census day 2021 — which fell during COVID restrictions, so working from home is inflated and every travel mode understated.
Bars are drawn against the largest share shown (75.0%).
Setting
| Reedy Creek | Varsity Lakes | |
|---|---|---|
| Elevation | 46 m above sea level, at the suburb centre | 10 m above sea level, at the suburb centre |
| Distance to the ocean | 6.3 km | 3.9 km 3.9 km to a named beach |
NBN connectivity
| Reedy Creek | Varsity Lakes | |
|---|---|---|
| Connectivity score | 66/100 | 71/100 |
| Most common technology | Fibre to the node same for both | |
| Full-fibre (FTTP) share | 38% 2,146 premises | 30% 6,705 premises |
Climate
| Reedy Creek | Varsity Lakes | |
|---|---|---|
| Annual rainfall | 1,637 mm same for both | |
| Summer max (Jan) | 28.6°C same for both | |
| Winter min (Jul) | 10.5°C same for both | |
Air quality (annual mean)
| Reedy Creek | Varsity Lakes | |
|---|---|---|
| PM2.5 | 4.9 µg/m³ same for both | |
| PM10 | 14.3 µg/m³ same for both | |
| NO₂ | 0.43 pphm same for both | |
Council rates
| Reedy Creek | Varsity Lakes | |
|---|---|---|
| Average residential rate | $1,298/yr same for both | |
| Council | Gold Coast same for both | |
Federal electorate
| Reedy Creek | Varsity Lakes | |
|---|---|---|
| Division | McPherson same for both | |
| Member | Leon Rebello same for both | |
| Party | Liberal National Party of Queensland same for both | |
First Home Owner Grant
| Reedy Creek | Varsity Lakes | |
|---|---|---|
| Grant amount | $30,000 same for both | |
| Property price cap | $750,000 same for both | |
| Eligibility | New same for both | |
Tags
Reedy Creek
Varsity Lakes
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Information shown is provided as-is from Australian government and commercial data sources.
Always verify with the relevant authority before making property decisions.
See Data Sources and How We Calculate for details.