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Burleigh Waters suburb profile

Burleigh Waters is a picturesque suburb on the Gold Coast, Queensland, known for its tranquil lakes and proximity to the iconic Burleigh Heads beach. This family-friendly area offers a relaxed lifestyle with a mix of modern homes and established residences. Residents enjoy easy access to shopping centres, schools, and recreational facilities, making it an ideal location for families and retirees. The suburb's scenic waterways and parks provide ample opportunities for outdoor activities, while its close-knit community fosters a welcoming atmosphere. Burleigh Waters combines coastal charm with suburban convenience, making it a sought-after destination for those seeking a balanced lifestyle.

Burleigh Waters property market performance

Current median dwelling price$1,332,500Past 3 months

Property growth+13.6%Past 12 months

Burleigh Waters has experienced a robust property market over the past 12 months, with house values increasing by 9.9% and unit values by 9.4%. The median house price has reached $2 million, reflecting strong demand in the area. Although the median unit price is not available, the growth indicates a positive trend.

Sales activity has been notable, with 57 houses and 9 units sold in the past year. Houses are selling relatively quickly, with a median of 28 days on the market, while units are moving even faster at 19 days, suggesting strong buyer interest.

The rental market in Burleigh Waters has also seen significant growth, with house rents increasing by 10% and unit rents by 11.7% over the last 12 months. The average rent for houses is $1,100, while units average $838, indicating a competitive rental environment.

HousesUnits
Median price
Past 3 months
$1.80MN/A
Change in value
Past 12 months
11.6%15.6%
Sold
Past 3 months
718
Median days on market
Past 12 months
2617
Average rent
Past 12 months
$1100$810
Change in rent
Past 12 months
10.0%3.8%

5 year median price trend for houses and units

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Burleigh Waters demographics

Burleigh Waters, located on the Gold Coast, is a picturesque suburb known for its family-friendly environment and proximity to stunning beaches. With a population of 14,556, the area is characterized by a slightly older median age of 42, indicating a community of established families and long-term residents. The suburb's appeal lies in its balance of coastal living and suburban comfort, making it an attractive choice for those seeking a relaxed lifestyle with easy access to urban amenities.

The housing landscape in Burleigh Waters is predominantly owner-occupied, with 39.5% of properties owned outright and 39.9% owned with a mortgage. This high rate of home ownership reflects the suburb's stability and appeal to families looking to settle down. Rental properties account for 20.7% of the housing market, catering to those who prefer flexibility or are new to the area.

Family dynamics in Burleigh Waters are diverse, with 44.8% of households being couple families with children and 37.6% being couple families without children. One-parent families make up 16.1% of the community, adding to the suburb's inclusive and supportive atmosphere. The median total household income of $1,735 per week suggests a comfortable standard of living, supported by the area's amenities, schools, and recreational facilities. Burleigh Waters offers a harmonious blend of coastal charm and suburban convenience, making it a desirable location for families and individuals alike.

Burleigh Waters infrastructure, key developments and investment opportunities

Burleigh Waters continues to benefit from its proximity to the rapidly evolving Burleigh commercial and lifestyle precinct, with ongoing upgrades to nearby shopping centres, dining strips and waterfront public spaces supporting buyer demand and reinforcing its blue-chip reputation.[1] The suburb’s established network of parks, lakes and walking paths, combined with access to schools and coastal amenities in neighbouring areas, is enhancing family appeal and underpinning long-term livability.[1][2]

There are currently no publicly announced major new transport corridors or large-scale infrastructure projects specific to Burleigh Waters, so short- to medium-term property trends are likely to be driven more by incremental amenity improvements and broader Gold Coast growth than by suburb-specific construction.[2] Local planning settings remain focused on preserving low- to medium-density residential character around the canal and lake system, which may constrain future supply and help support prices if demand continues to grow.[1][2]

Burleigh Waters rental market trends

The rental market in Burleigh Waters is experiencing robust growth, with house rents increasing 10% over the past year to $1,100 per week, while unit rents have risen 11.7% to $838 per week. This suburb continues to attract renters and investors alike, thanks to its appealing lifestyle, proximity to beaches, and strong community vibe, making it a desirable location on the Gold Coast.

Suburbs near Burleigh Waters

Some popular suburbs near Burleigh Waters include:

How does Burleigh Waters compare to nearby suburbs?

  • Median house prices: Burleigh Waters’s median house price is 42.3% higher than Varsity Lakes’s.
  • Median unit prices: Burleigh Waters’s median unit price is 3.9% higher than Varsity Lakes’s.
  • House price growth: Over the past 12 months, house prices in Burleigh Waters have grown 2.8% higher than in Miami.
  • Unit price growth: Over the past 12 months, unit prices in Burleigh Waters have grown 3.6% higher than in Varsity Lakes.
  • Selling speed for houses: Properties in Burleigh Waters are selling 31.6% faster than in Burleigh Heads.
  • Selling speed for units: Properties in Burleigh Waters are selling 51.4% faster than in Burleigh Heads.

Common questions about Burleigh Waters

  • Is Burleigh Waters a nice place to live?

    Burleigh Waters is a delightful suburb that offers a harmonious blend of coastal charm and suburban convenience, making it a fantastic place to call home. Known for its tranquil lakes and proximity to the iconic Burleigh Heads beach, this area provides a relaxed lifestyle that appeals to families and individuals alike. The suburb exudes a peaceful vibe, with its scenic waterways and parks offering ample opportunities for outdoor activities, making it a haven for nature enthusiasts. The community is close-knit and welcoming, fostering a supportive atmosphere that is perfect for raising a family.

    Living in Burleigh Waters means having easy access to a range of amenities, including shopping centres, schools, and recreational facilities, which cater to the needs of its residents. The suburb's location on the Gold Coast ensures that you are never far from the vibrant dining and entertainment options available in the nearby Burleigh commercial precinct. Safety is generally not a major concern, contributing to the suburb's appeal as a family-friendly environment. However, it's worth noting that while the area offers a serene lifestyle, it may lack the bustling nightlife found in more urban settings.

    For families, Burleigh Waters provides a stable and appealing environment, with a variety of housing options that cater to different needs. The suburb's focus on preserving its low- to medium-density residential character ensures a sense of community and stability, although this may limit future housing supply. While there are no major new transport corridors or large-scale infrastructure projects currently announced, the ongoing improvements to local amenities and the broader growth of the Gold Coast continue to enhance the suburb's livability. Overall, Burleigh Waters is a charming and desirable location for those seeking a balanced lifestyle with the benefits of both coastal and suburban living.

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  • Is it expensive to live in Burleigh Waters?

    Living in Burleigh Waters can be quite expensive, especially when you consider the current property market. The median house price is a significant $2,000,000, which is on the higher end compared to many other areas. If you're thinking of renting, the average rent for houses is $1,100 per week, while units are slightly more affordable at $838 per week.

    When you compare this to the average wage in Burleigh Waters, which is about $78,000 per year, or roughly $1,500 per week before tax, the cost of housing can take up a substantial portion of your income. This is particularly notable when you consider that the median total household income in the area is $1,735 per week. This suggests that many households may need dual incomes to comfortably afford the cost of living in Burleigh Waters.

    Overall, while Burleigh Waters offers a desirable lifestyle with its proximity to beautiful beaches and vibrant community, the high property prices and rental costs make it a more expensive suburb to live in, especially compared to the average earnings in the area.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Burleigh Waters a good place to invest?

    Burleigh Waters is showing promising signs as a solid investment suburb, with both house and unit values experiencing notable growth over the past year. The median house value has increased by 9.9%, while units have seen a 9.4% rise. This consistent upward trend in property values indicates a healthy demand for real estate in the area, making it an attractive option for investors looking for capital growth.

    In addition to property value appreciation, rental returns in Burleigh Waters have also been impressive. Over the last 12 months, rent for houses has increased by 10.0%, and units have seen an even higher rise of 11.7%. This suggests a strong rental market, which is appealing for investors seeking reliable rental income. The suburb's appeal is likely bolstered by its desirable location, offering a blend of coastal lifestyle and suburban convenience.

    Overall, Burleigh Waters presents a compelling case for investment, with its combination of rising property values and strong rental returns. The suburb's growth potential and attractive lifestyle offerings make it a worthwhile consideration for those looking to invest in the real estate market.

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Choose the right real estate agents in Burleigh Waters

There are 112 real estate agents in Burleigh Waters, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 29.4% of all sales in the past year.

Commission rates in Burleigh Waters typically range from 2% to 2.94%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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