Burleigh Heads Market Update 1 st H a l f 2 0 2 5
FUTURE DEVELOPMENTS
OVERVIEW In Q4 2024, Burleigh Heads* had a median house price of $1,535,000 and a median unit price of $1,025,000. This represents annual (Q4 2023 - Q4 2024) growth of 9.6% for houses and 11.6% for units. Comparing Q4 2023 and Q4 2024, total sales surged by 25.5% (to 207 sales) for houses and grew by 11.2% (to 297 sales) for units. This confirms a highly demanded market and an ideal time for owners to capitalize on their investments. Units saw a higher price growth than houses, as buyers switched their focus to units to secure a home. On a 6-months basis (Q2-Q4 2024), median house price saw a temporary dip, creating a brief opportunity.
CHANGE FROM LAST
YEAR
Burleigh Heads£ will see approximately $144.6M of new projects commencing in 2025. Industrial
Infrastructure
$2.8M Commercial
$850.0K
$400.0K Mixed-Use
$14.4M
HALF YEAR
HOUSE SALE S Residential
HOUSE ME DIAN PRICE
$126.1M
HOUSE RE NTAL PRICE
UNIT SALE S
A main mixed-use project is 1 & 2 West Street Mixed Use Development. It comprises of 6 x 3 bedroom & 2 x 4 bedroom units, shop, food & drink outlet and health care services.
UNIT ME DIAN PRICE UNIT RE NTAL PRICE
Key residential projects include: •
1929 Gold Coast Highway Apartments (56 Apartments)
•
25-27 Awoonga Avenue (8 Units)
MARKET CONDITIONS
•
17 Tallebudgera Creek Road Townhouses (9 Townhouses)
SALES
•
42 Ewart Street (4 Villas)
$ MEDIAN PRICE Q4 2024
$1.5M
$1.0M
MEDIAN PRICE Q4 2024
$1,150
AVERAGE DAYS ON MARKET Q4 2024
45
53
HOUSE
U N I T
RENTALS
$810
AVERAGE DAYS ON MARKET Q4 2024
18
16
HOUSE
U N I T
Although several residential projects are planned in Burleigh Heads, they will only add new units/apartments and townhouses. At present, there are no new stand-alone dwellings in the 2025 pipeline. An absence of new houses will put more pressure on the house market, likely leading to higher house prices as demand continues to outpace available supply.
178 Units/ Apartments
16 Townhouses