Varsity Lakes property market · reviewed 13 September 2026

Varsity Lakes houses dipped. Units held up better.

From 24 May to 24 August, 28 disclosed house sales recorded a median of $1,325,000. That was $30,000 lower than the earlier overlapping report. Thirty-six unit sales recorded $882,500, up $7,500. Fourteen townhouse and villa sales recorded $1,033,500, down $11,500.

Lake Orr and houses in Varsity Lakes, Gold Coast — Lake Orr, Varsity Lakes · photo by Shiftchange, Wikimedia Commons (CC0)

In plain EnglishFor sales up to 24 August, house prices were 2.2% lower than in the earlier report. Unit prices were 0.9% higher. Townhouse and villa prices were 1.1% lower. Half sold within about 29 to 39 days and half took longer.

Older stock has grown across Varsity Lakes and Reedy Creek.

Stock and selling-time checkPostcode 4227 covers Varsity Lakes and Reedy Creek, so these are not Varsity-only counts. Total advertised stock rose from 116 properties in March to 169 in August. Properties advertised for at least 60 days rose from 22 to 67. The older group increased from 19% to 40% of the postcode's advertised stock.The current portal profile still shows typical selling times of about 29 days for houses and 28 days for units. That is why one number is not enough. Some properties are selling in about a month while the broader pool of older stock is building.Advertised stock: SQM Research postcode 4227, March to August 2026. Typical selling time: realestate.com.au Varsity Lakes market profile, checked September 2026.

The latest three months

Sales recorded24 May to 24 August 2026We compared these prices with the earlier report ending 13 July. Some sales are in both reports because the dates overlap. Use these figures to see the latest sales, not as a separate three-month rise or fall. Reviewed 24 August 2026. Sales take time to settle and be recorded, so this is a market snapshot—not a valuation of an individual property.

Houses

↓ Down $30,000 (2.2%)

Median sale price: $1,325,000
Sales with a disclosed price: 28
Half sold within: 31.5 days

There were 28 house sales with a published price. The median price was $30,000 lower than in the earlier report. Half sold within about 32 days and half took longer.

Units

→ Little change: up $7,500 (0.9%)

Median sale price: $882,500
Sales with a disclosed price: 36
Half sold within: 38.5 days

There were 36 unit sales with a disclosed price. The middle price moved up slightly, and a typical recorded sale took about 39 days.

Townhouses and villas

→ Down $11,500 (1.1%)

Median sale price: $1,033,500
Sales with a disclosed price: 14
Half sold within: 29 days

There were 14 townhouse and villa sales with a disclosed price. The middle price moved down slightly, and a typical recorded sale took 29 days.

Earlier three-month comparison

Two separate three-month periodsTwo equal three-month periods: 13 January to 12 April 2026, then 13 April to 13 July 2026In the two separate three-month periods, house and unit prices changed very little. Townhouse and villa prices rose. The time it took to sell changed for each type of property.

Houses

→ Little change: up $5,000 (0.4%)

Median sale price: $1,350,000 to $1,355,000
Number sold: 39 to 22
Half sold within: 24 to 27 days

House sale prices were nearly unchanged. There were 17 fewer sales, and a typical sale took three days longer.

Units

→ Little change: up $7,500 (0.9%)

Median sale price: $867,500 to $875,000
Number sold: 56 to 29
Half sold within: 22 to 19.5 days

Unit sale prices were nearly unchanged. There were 27 fewer sales, but a typical sale was about three days faster.

Townhouses and villas

↑ Up $35,000 (3.5%)

Median sale price: $1,010,000 to $1,045,000
Number sold: 20 to 16
Half sold within: 27 to 35 days

Townhouse and villa sale prices moved up. There were four fewer sales, and a typical sale took eight days longer.

Annual prices checked 4 October 2026

Varsity Lakes house and unit prices over the past year

These rolling annual figures describe different sale samples from the previous window. Movement may be mix-driven; it is not a monthly price index. The annual profile is also separate from the dated recent-sales evidence above.

HousesUp 8.6%annual median price change

Overall median$1,303,500156 sales in 12 months

2 bedrooms: $871,000
3 bedrooms: $1,255,000
4 bedrooms: $1,400,000

UnitsUp 13.8%annual median price change

Overall median$932,900236 sales in 12 months

1 bedroom: $700,000
2 bedrooms: $891,500
3 bedrooms: $1,040,000

Source checked 4 October 2026: realestate.com.au market insights for Varsity Lakes. Period: October 2025 to September 2026. Median selling times: 29 days for houses and 28 days for units. Past-month availability: 33 houses and 57 units. These are rolling portal measures, separate from the smaller dated recent-sales sample. The median is the middle sale, not an individual valuation. Portal figures may be revised.

What does this mean for you?

Compare your property with similar sales nearby.

Buyers won't compare every property in Varsity Lakes with yours. They'll look hardest at properties with a similar type, location, size, layout, condition and view.

Start with the figures above. Then check similar recent sales and the properties buyers can choose from now before you decide on a price or selling plan.

Varsity Lakes is not moving in one direction. Houses dipped in the latest local window, units held up better and the postcode has more older stock. Sellers should compare like with like and watch whether suitable buyers are acting, not rely on one suburb average or a fixed 28-day rule.

Watch the Varsity Lakes pricing comparison mistake to avoid.

See the sales buyers may compare with your property.

Get a clear review of your property, its closest recent sales and the current competition. There is no pressure to list.

Review my Varsity Lakes property

The median sale price is the middle sale in each group—not the average and not an estimate of your property. Small groups can move sharply when the mix of properties changes. Latest source: RP Data recent-sales export covering 24 May to 24 August 2026, supplied and reviewed 24 August 2026.

Your next step

Book a seller strategy session.

Talk through your property, your timing and the move you are considering. No pressure to list.

Prefer to speak first? Call 0427 674 262 or email chyslop@infinitepropertysolutions.com.au.