Suburb Profile Report for Burleigh Waters QLD (4220)

Burleigh Waters House: Median price $708,250, Annual capital growth 4.32%, Number of sales 215, Weekly median advertised rent $600

Burleigh Waters Unit: Median price $410,000, Annual capital growth 2.96%, Number of sales 163, Weekly median advertised rent $420

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Burleigh Waters has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.39%

Comparing Burleigh Waters,4220 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

The most recent median price for Burleigh Waters is $708250, with sellers offering an average of -4.60% off the asking price.

Residents and property investors in Burleigh Waters have been waiting around 46.22 days to sell a property.

The QLD suburb of Burleigh Waters, 4220 is in the Gold Coast local government area.

Giving property investors a a stable capital gain of 10.81% for the last year, Burleigh Waters, 4220 is the 367th highest performer in Australia in this respect.

Comparing Burleigh Waters,4220 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property investors looking for a bargain in Burleigh Waters should be aiming for at least -3.76% off the asking price, which is the average vendor discount being achieved at the moment.

A $420 per week rent on the median house gives suburb investors a gross yield of circa 5.33%, without taking into account capital value appreciation, which has been averaging out at 2.96%.

HOUSE UNIT
$708,250 $410,000
3.39% 3.80%
3.39% 10.81%
4.32% 2.96%
$600 $420
215 163
4.41% 5.33%
46.22 51.88

Source: CoreLogic

DSR Score for property investment : Very good (U), Good (H)
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Demographics
Total population 13868
Median household income ($/weekly) 1081
Median age of persons 40
Median housing loan repayment ($/monthly) 2000
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 1630 11.8
    25-34 years 1612 11.6
    35-44 years 1983 14.3
    45-54 years 1715 12.4
    55-64 years 1640 11.8
    Others 5288 38.1
    Age Group
    Census Count Percent(%)
    Registered Married 5247 50.1
    Not Married 4138 39.5
    Defacto Relationship 1085 10.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 9951 75.0
    Greece 86 0.6
    Papua New Guinea 1030 7.8
    United Kingdom 940 7.1
    Other 370 2.8
    Others 887 6.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 182 1.4
    Christianity 9635 75.3
    Islam 40 0.3
    Other Religious Groups 49 0.4
    No Religion 2849 22.3
    Others 38 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 624 13.1
    $600-$799 490 10.3
    $800-$999 506 10.6
    $1,000-$1,249 462 9.7
    $1,500-$1,999 582 12.2
    Others 2091 44.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 4094 38.0
    Employed, worked full-time 3675 34.1
    Employed, worked part-time 2245 20.8
    Unemployed, looking for work 411 3.8
    Employed, away from work 360 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 1089 17.3
    Technicians & trades workers 1034 16.5
    Community & personal service workers 740 11.8
    Clerical & administrative workers 963 15.3
    Sales 810 12.9
    Others 1645 26.2
    Occupation
    Census Count Percent(%)
    Pre-school 197 7.1
    Infants/Primary 1110 39.9
    Secondary 739 26.6
    Technical or Further Educational Institution 215 7.7
    University or other Tertiary Institutions 442 15.9
    Others 78 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10159 77.0
    Semi-detached, row or terrace house, townhouse 2221 16.8
    Flat, unit or apartment 819 6.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1987 38.5
    Being purchased 1885 36.5
    Rented 1266 24.5
    Other tenure type 25 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals