Suburb Profile Report for Burleigh Waters QLD (4220)

Burleigh Waters House: Median price $772,000, Annual capital growth 3.64%, Number of sales 243, Weekly median advertised rent $650

Burleigh Waters Unit: Median price $410,000, Annual capital growth 1.52%, Number of sales 85, Weekly median advertised rent $440

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

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Burleigh Waters, 4220 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was -2.28%.

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

Burleigh Waters, 4220 is offering QLD ‘s 550th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this QLD.

Often selling an investment property can take time, and in Burleigh Waters the average time real estate has been on the market is 60.239 days.

Using the current median advertised rental of $650 and the average annual increase in value of a median property of 3.64%, investors should hope to achieve an overall return of 4.38%

Property investors who have had real estate in Burleigh Waters, 4220 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -9.79%

While Burleigh Waters,4220 ranked number 282th in QLD for increase in median house value (annualised) increase, it is ranked 53th over the last 5 years.

Burleigh Waters4220 is located in QLD which offers an average discount of -6.46% to property investors. Burleigh Waters itself is showing figures that indicate -5.24% is the average achievable by property buyers investing in the suburb.

At number 519 in a list of fastest selling suburbs, Burleigh Waters is in the TOP 40% of suburbs in Australia with an average of days on market 74 for properties listed there.

Situated 79.07km from the CBD, Burleigh Waters is one of Gold Coast (C) localities in the postcode 4220.

Metrics i HOUSE UNIT
$772,000 $410,000
1.58% -6.39%
-2.28% -9.79%
3.64% 1.52%
$650 $440
243 85
4.38% 5.58%
60.2390243902439 74

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Very good (U)
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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
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