Varsity Lakes

Varsity Lakes is a suburb of the City of Gold Coast, Queensland, Australia.

Varsity Lakes is a suburb of the City of Gold Coast, Queensland, Australia. This suburb was originally known as Stephens, but in 2002, Stephens, Andrews and a section of Robina were amalgamated to form the new suburb of Varsity Lakes. The 2011 census reported a population of 14,366 for the area.

In 1873, former Mayor of Brisbane Thomas Blacket Stephens purchased 6980 acres of swampy Gold Coast hinterland and began to drain the swamp to develop dairying naming his first dairy Hill View. His son William Stephens continued the drainage work and established the dairy Merrimac.In 1981 a southern section of the estate was officially named Stephens in 1981 in honour of Thomas Blacket Stephens.In 1999 the area between Stephens and Robina was purchased by Delfin Lend Lease and a real estate development known as Varsity Lakes began. Man-made lakes named Lake Orr and Lake Azzura were created and residential development followed.In 2002 the suburbs of Stephens, Andrews and a portion of Robina to create a new suburb named Varsity Lakes after the development.Between 2016 and 2017, Varsity Lakes saw an 11 per cent increase in median property sale price.