Burleigh Heads Property Market Update 1st Half 2025
Burleigh Heads is a coastal haven offering breathtaking ocean views, world-class surfing spots, and a relaxed beachside lifestyle. With its vibrant dining scene, lush national parks, and a close-knit community, it’s a dream location for anyone seeking a blend of nature and modern amenities.
Property Trends
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, due to buyers switching their focus to units to secure a property. On a 6-moths basis (Q2 2024 – Q4 2024), median house price saw a temporary dip, which creates a brief window of opportunity.
Project Development
Burleigh Heads will see approximately $144.6M of new projects commencing in 2025. Several residential projects are planned in Burleigh Heads; however, they will only add new units/apartments (178) and townhouses (16). At present, there are no new stand-alone dwellings in the 2025project development pipeline. An absence of new houses will put more pressure on the house market, likely leading to higher property prices.
Rental Market & Growth
House rental yields in Burleigh Heads was 3.4% as of December 2024, on par with the Gold Coast (3.4%) and slightly higher than Brisbane Metro (3.2%). Further, median house rental price increased by 9.5% in the past 12 months to Q4 2024, at $1,150 per week. The number of housed rented increased as well, by 9.6% (to 103 houses). This indicates a highly demanded and competitive house rental market in Burleigh Heads, which is beneficial to investors.
Vacancy Rates & Property Investment
Burleigh Heads recorded a vacancy rate of 1.0% in December 2024, below the Gold Coast City LGA average of 1.1% and Brisbane Metro’s 1.2%. Vacancy rates have decreased in the past 12 months, indicating an even tighter rental market. Furthermore, a 1.0% vacancy rate is well below the Real Estate Institution of Australia’s healthy benchmark of 3.0%, indicating a tight rental demand and quicker occupancy of rental properties in Burleigh Heads market. This creates a conducive and sustainable environment for investors.
