24 Massachusetts Court, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

24 Massachusetts Court
Varsity Lakes QLD 4227

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 137m2
Land area: 630m2
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Property Details for 24 Massachusetts Ct, Varsity Lakes

24 Massachusetts Ct, Varsity Lakes is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 630m2 and floor size of 137m2. While the property is not currently for sale or for rent, it was last sold in September 2020.

Building Type
House
Floor Size
137m2
Land Size
630m2
Local Government
Gold Coast City
Lot/Plan
233/RP887462

Last Listing description (December 2020)

Okthis is it! A fantastic floor plan, stunning skyline views to open water, a 6 minute drive to Burleigh Beach, a 6 minute drive to Robina Town Centre, low maintenance 630m2 block, in the Varsity Primary and Secondary school catchment (walking distance to both schools), 2 covered outdoor entertaining areas, all the facilities in place to kayak Lake Orr, as well as a 5 minute drive to the motorway.This is quintessential value in what is arguably in one of the most desired areas in the Gold Coast.

Looking at the pictures, you have two choices. Firstly, you move right in and enjoy the lifestyle without lifting a finger or secondly, you plan for the future and start designing an exciting renovation which will give you and the home a new life, as well as add enormous future gains.

Waterfront properties in Massachusetts Court rarely become available for purchase, so please feel free to call Greg on 0475 046 561 for any further info, or to book a private inspection.

HIGHLIGHTS:
* Solid brick single storey home
* Stunning wide water views to skyline
* 4 bedrooms
* 2 bathrooms
* Double lock up garage
* 630 square metre block
* Perfect for kayaking with kayaking facilities included
* Lush, tropical gardens
* Ducted air conditioning
* 3 kw solar system
* Open plan kitchen with glimpses of the water
* 2 covered outdoor entertaining areas and a lounging area
* 2 living areas, plus formal dining
* Well maintained
* Plenty of storage
* Separate laundry
* Shed
* Huge returns long term as an investment
* Very close to Varsity College Primary and Senior Schools, Hospital, Robina Town Centre, Bond University and Burleigh Heads

RESIDENCE:
BEDROOMS - Master with ensuite, fan and walk in wardrobe. Bedrooms 2, 3 and 4 all with fans and built in wardrobes.
BATHROOMS - 2 Bathrooms. Ensuite with shower, vanity, bath and toilet. Main bathroom with shower, bath, vanity and toilet.
OUTDOORS - 2 large outdoor entertaining areas surrounded by lush gardens and water views. There is also a decked area by the water which is perfect for a morning cup of coffee as the sun rises
KITCHEN - Open plan kitchen which overlooks living, meals, outdoor entertaining and has a good glimpse of water views
LIVING - 2 living areas plus a formal dining

POTENTIAL INCOME:
* Rental potential - $800-$850 week (approximately) Currently owner occupied.
* Airbnb/Stayz - $240-450 per night (entire home)

OUTGOINGS:
* Council rates - $950 per half year (approximately)
* Water rates - $336 per quarter (approximately)

SCHOOL CATCHMENT ZONE:
* Varsity College Primary School
* Varsity College Senior School
* Bond University

DISTANCES:
* Bus Stop - 350m
* Local Shopping Centre - 450m
* Major Shopping Centre - 4km
* Primary School - 750m
* High School - 3.7km
* Parkland/Waterfront - 400m
* Highway - 7.3km
* Train Station - 3.9km
* Beach - 6.8km
* Hospital - 4km

Property History for 24 Massachusetts Ct, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$900,000
30 Sep 2020
  • 30 Sep 2020
    Sold for $900,000
  • 14 Sep 2020
    Listed for Sale UNDER CONTRACT
  • 10 Dec 1998
    Sold for $245,000
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About Varsity Lakes 4227

The size of Varsity Lakes is approximately 5.9 square kilometres. It has 23 parks covering nearly 10.6% of total area. The population of Varsity Lakes in 2016 was 15026 people. By 2021 the population was 16493 showing a population growth of 9.8% in the area during that time. The predominant age group in Varsity Lakes is 30-39 years. Households in Varsity Lakes are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Varsity Lakes work in a professional occupation.In 2021, 54.40% of the homes in Varsity Lakes were owner-occupied compared with 51.30% in 2016.

Varsity Lakes has 8,104 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 85.34% increase in median value, while Units have seen a 105.15% increase. As at 30 April 2026:

  • The median value for Houses in Varsity Lakes is $1,413,430 while the median value for Units is $1,010,799.
  • Houses have a median rent of $950 while Units have a median rent of $800.
There are currently 42 properties listed for sale, and 24 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 428 properties were sold in the past 12 months in Varsity lakes.

Suburb Insights for Varsity Lakes 4227

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.