3 Massachusetts Court Sold for $1,400,000 — Right on the Varsity Lakes Four-Bedroom Median

A renovated single-level home on a 410 sqm cul-de-sac block sold prior to auction on 22 July 2026 for $1,400,000. The vendors bought it for $857,000 in August 2021. Here's how the campaign played out.

The Property

This is a four-bedroom, two-bathroom house built for single-level family living, and its recent renovation is the reason it commanded a seven-figure result. Timber flooring runs through the main living areas, plantation shutters filter the light, and the floorplan keeps four bedrooms and a renovated kitchen on one level — no stairs, no wasted space. On a 410 sqm block, the home uses its footprint efficiently rather than sprawling.

The outdoor zone does real work here. An inground pool anchors a covered entertaining area, and with four car spaces the property suits a growing family with boats, trailers or multiple vehicles — the kind of practical requirement that trims the buyer pool for smaller lots but pays off on a home like this. The cul-de-sac position removes through-traffic, which matters to the young-family demographic that dominates Varsity Lakes.

The Market It Sold Into

Varsity Lakes is running hot. Houses in the suburb are up +17.7% year-on-year and +8.5% over the most recent quarter — the sharpest quarterly move among its immediate corridor neighbours, with the current quarterly median at $1,412,500. Proximity to Lake Orr, Bond University, TAFE and Robina Hospital keeps demand deep among the young families and professionals who drive this pocket.

Even so, the market isn't starved of stock. Varsity Lakes sits on roughly 5.1 months of supply — more breathing room than nearby Burleigh Waters or Robina — and 69.2% of homes are selling within 30 days. That combination matters: buyers have choice, but well-presented homes still move quickly. A renovated, single-level four-bedder with a pool is exactly the profile that clears fast in this environment.

The Campaign

The home was listed on 30 June 2026 as an auction campaign and sold prior to auction on 22 July — 22 days from listing to contract. That's inside the suburb's 12-month average of 30 days and broadly in step with the faster pace Varsity Lakes is running right now, where the current median sits at 26 days. Selling prior to auction tells you the campaign generated a serious buyer early, and the vendors took a strong offer rather than waiting for the gavel.

The result is a clean read on where renovated family stock sits in this suburb. There was no drawn-out negotiation, no price chasing the market down over months on the shelf — the home did what well-prepared homes are doing in Varsity Lakes right now.

The Result

3 Massachusetts Court, Varsity Lakes sold on 22 July 2026 for $1,400,000. Sold in 22 days — inside the 30-day suburb average over the past 12 months. Sold prior to auction. 0.9% below the Varsity Lakes median of $1,412,500. Landed exactly on the suburb's four-bedroom median of $1,400,000. Up from $857,000 at the vendors' 2021 purchase — a gain of roughly +63% over five years.

What This Means for Buyers and Sellers

For buyers hunting in the $1.4 million bracket in Varsity Lakes, this sale is a useful benchmark: a renovated, single-level four-bedroom home with a pool and four car spaces sold right on the four-bedroom median. It confirms that turnkey homes at this price aren't discounted for being ready-to-move-in — buyers are paying the median for the convenience of not renovating. If you want the same profile for less, you'll be looking at a home that needs work, or a smaller block.

For homeowners nearby, the read is straightforward. This property was bought for $857,000 in 2021 and sold for $1,400,000 five years later, with a renovation doing part of the lifting and the suburb's +17.7% annual growth doing the rest. A home that presents well and sits on one level is finding its buyer quickly here — 22 days, prior to auction. With supply sitting at 5.1 months, though, presentation is what separates a fast sale from a listing that lingers. The homes clearing early are the prepared ones.

Thinking of Selling in Varsity Lakes?

Knowing where your home sits against the four-bedroom median, the current 26-day selling pace and 5.1 months of supply is the difference between pricing with confidence and guessing. Fields tracks every sale in this corridor, street by street. Talk to the Fields team about what your home could achieve in today's market.

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Disclaimer: The information in this article is for general informational purposes only and does not constitute financial, investment, or valuation advice. Fields Real Estate (Licence No. 4832972) makes no warranty as to the accuracy or currency of data published. Readers should conduct their own due diligence and seek independent professional advice before making any property or investment decision. Read our full disclaimer →