Burleigh Heads suburb profile
Burleigh Heads is a picturesque coastal suburb on the Gold Coast, renowned for its stunning beaches, surf culture, and vibrant community atmosphere. Nestled between Surfers Paradise and Coolangatta, it offers a perfect blend of natural beauty and modern amenities. The iconic Burleigh Head National Park provides scenic walking trails and breathtaking ocean views, while the bustling James Street precinct is a hub for boutique shopping, cafes, and dining. With its laid-back vibe, excellent surf breaks, and family-friendly parks, Burleigh Heads is a sought-after destination for both locals and tourists seeking a quintessential beachside lifestyle.
Burleigh Heads property market performance
Current median dwelling price$1,502,500Past 3 months
Property growth-3.8%Past 12 months
Burleigh Heads’ property market has shown stability over the past 12 months, with house values experiencing a modest increase of 0.8%, while unit values have remained unchanged. The median house price over the past three months has averaged $1.91 million, and units have averaged $1.095 million, indicating steady demand in the area.
Sales activity has been robust, with 35 houses and 47 units sold in the past three months. However, houses are taking longer to sell, with a median of 83 days on the market, compared to 65 days for units, suggesting a more competitive unit market.
The rental market in Burleigh Heads has seen significant growth over the last 12 months, with house rents increasing by 19% and unit rents rising by 9%, reflecting strong demand for rental properties in the suburb.
Houses | Units | |
---|---|---|
Median price Past 3 months | $1.91M | $1.09M |
Change in value Past 12 months | 0.8% | -8.3% |
Sold Past 3 months | 35 | 47 |
Median days on market Past 12 months | 83 | 65 |
Average rent Past 12 months | $1190 | $850 |
Change in rent Past 12 months | 19.0% | 9.0% |
5 year median price trend for houses and units
Burleigh Heads demographics
Burleigh Heads, located on the Gold Coast in Queensland, is renowned for its stunning beaches, vibrant community, and laid-back lifestyle. With a population of 10,572, this suburb offers a blend of natural beauty and urban convenience, making it a popular choice for families, retirees, and professionals seeking a coastal lifestyle. The median age of 42 suggests a mature community, with many residents enjoying the area's relaxed atmosphere and scenic surroundings.
Housing in Burleigh Heads is diverse, with a significant portion of properties owned outright (34.9%) and a similar percentage rented (34.7%). This balance reflects the suburb's appeal to both long-term residents and those seeking flexible living arrangements. The median total household income of $1,701 per week indicates a comfortable standard of living, supported by the area's amenities and lifestyle offerings.
Family dynamics in Burleigh Heads are varied, with couple families without children making up nearly half of the family households (49.9%), followed by couple families with children (33.6%) and one-parent families (15.1%). This composition highlights the suburb's appeal to a wide range of family structures, from young couples to established families and retirees. With its picturesque beaches, vibrant dining scene, and community events, Burleigh Heads continues to be a sought-after destination for those seeking a balanced and fulfilling coastal lifestyle.
Burleigh Heads infrastructure, key developments and investment opportunities
Burleigh Heads is experiencing significant developments that may impact its property market. The $1 billion redevelopment of Burleigh Plaza, set to conclude by late 2025, will introduce new retail, residential, and entertainment options, potentially boosting local property values. Additionally, several residential projects in the Burleigh CBD aim to modernize the area and increase housing supply.
Infrastructure improvements include upgrades to local schools and the transformation of public spaces. The ongoing development of the Gold Coast Light Rail to Burleigh Heads is expected to enhance connectivity and could increase property desirability along key routes. These projects, combined with Burleigh's prime coastal location and established amenities, are likely to sustain strong demand for properties in the area.
Burleigh Heads rental market trends
The rental market in Burleigh Heads is experiencing significant growth, with house rents increasing 19% over the past year to $1,190 per week, while unit rents have risen 9% to $850 per week. This coastal suburb continues to attract strong demand, making it an attractive option for both investors and renters seeking a vibrant lifestyle and solid returns.
Suburbs near Burleigh Heads
Some popular suburbs near Burleigh Heads include:
How does Burleigh Heads compare to nearby suburbs?
- Median house prices: Burleigh Heads’s median house price is 13.0% higher than Burleigh Waters’s.
- Median unit prices: Burleigh Heads’s median unit price is 15.5% higher than Burleigh Waters’s.
- House price growth: Property prices in nearby Burleigh Waters have risen 10.2% more than in Burleigh Heads over the past year.
- Unit price growth: Property prices in nearby Burleigh Waters have risen 25.0% more than in Burleigh Heads over the past year.
- Selling speed for houses: Properties in Burleigh Heads are selling 33.6% faster than in Mermaid Beach.
- Selling speed for units: Properties in nearby Burleigh Waters are selling 18.5% faster than in Burleigh Heads.