5 Morea Court, Varsity Lakes, QLD 4227
Comparable sales range
$1,555,853 – $1,968,163
Asking: Present All Offers
Range derived from recent comparable sales, each adjusted for floor area, land size, condition and location. How we build this range.
5 Morea Court, Varsity Lakes, QLD 4227 is a 5 bed, 3 bath, 4 car house in Varsity Lakes, Queensland. This page shows its recorded sale history and a data-driven valuation based on comparable local sales.
Sale history
| Year | Price | Type |
|---|---|---|
| 2013 | $595,000 | Sale |
| 2003 | $465,000 | Sale |
| 2001 | $123,000 | Sale |
Source: historical sale records. Prices shown as recorded.
No Asking Price, Five Bedrooms, New Pool — Nearby Sales Say $1,700,000-$2,000,000
Two verified sales nearby, both with less space than this home, closed at $1,700,000 and $1,975,000. What does that mean for a place with no price at all?
Listed for sale in June 2026 with no fixed asking price, this five-bedroom Varsity Lakes entertainer pairs a new-condition pool with two alfresco zones — verified nearby sales put its real value closer to $1,700,000-$2,000,000 than any headline figure could tell you.
Five bedrooms, a study and a new-condition pool on a cul-de-sac position — the family-entertainer format this pocket of Varsity Lakes rarely offers
Stone kitchen, butler's pantry, a pool in new condition — the cosmetic work here is already done, not something you'll be budgeting for
No asking price — but two verified sales within 1.4km put this home in the $1.7M-$2M range once floor area is accounted for
629 sqm of land, a double garage and three bathrooms spread across two levels — the trade-offs behind the number
Frequently asked
What is 5 Morea Court, Varsity Lakes worth in 2026?
Two verified comparable sales — 45 North Shore Avenue ($1,700,000, 0.04km away, 4 bed/2 bath/188 sqm) and 5 Thornleigh Crescent ($1,975,000, 1.37km away, 5 bed/3 bath/211 sqm) — plus a modelled valuation built from eight verified suburb sales, put this home at roughly $1,825,000, with a range of $1,606,000 to $2,044,000. See the Valuation Guide for the full breakdown.
Is 5 Morea Court, Varsity Lakes in a flood zone?
No. Council mapping shows no flood overlay and confirms the property does not fall within any ICA insurance flood zone (frequent, infrequent, rare or extremely rare).
How many bedrooms and bathrooms does 5 Morea Court have?
Five bedrooms plus a separate study, and three bathrooms: a master ensuite upstairs, a second bathroom upstairs shared by the remaining bedrooms, and a compact bathroom on the ground floor near the laundry.
How much parking does 5 Morea Court have?
A double garage (approximately 5.9m x 6.1m) plus additional driveway parking — two covered car spaces in total.
What is the Varsity Lakes median house price in 2026?
The typical Varsity Lakes sale price eased from a Q4 2025 peak of $1,298,000 to $1,230,000 in Q1 2026 across 35 sales, though it remains well above the $997,000 recorded in Q3 2025.
Has 5 Morea Court been renovated?
AI-based photo condition analysis scores the kitchen and exterior at 9-10/10, with a stone kitchen, butler's pantry and a pool assessed at new condition. The property last sold for $595,000 in July 2013, well below current comparable sales in this part of Varsity Lakes — buyers should confirm renovation scope and dates directly with the seller during inspection.