FOR SALE
Expression of Interest

51 Coronet Crescent
Burleigh Waters QLD 4220

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 240m2
Land area: 1176m2
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Prime Redevelopment Opportunity in Burleigh Waters

Located in the sought-after Burleigh Waters, this property offers a prime redevelopment opportunity. The existing single-level home is set on a generous 1,176m² block, providing ample space for projects like subdivision or a detached duplex (subject to council approval). Burleigh Waters, renowned for its vibrant community and proximity to Burleigh Beach, is a high-growth area with strong property values, making this a promising investment for future potential.
Property Features:
- Land Size: 1,176m² with vast redevelopment potential
- Prime Location: Backing onto council-maintained parkland for peace and privacy
- Close to Schools: Walk to Caningeraba Primary; short drive to Miami State High
- Convenient Access: Near Burleigh Bears Sports Club, tennis courts, Burleigh Waters library, and Varsity Lakes Aquatic Centre
- Beach Nearby: Just 2km to North Burleigh Beach
Suburb Profile:
Burleigh Waters is one of the Gold Coast's most prestigious and high-demand suburbs. Known for its family-friendly environment, parklands, and proximity to amenities, it's a top choice for buyers. The area has seen impressive growth, with high-end homes attracting premium prices. This suburb's blend of suburban tranquillity and access to conveniences ensures long-term capital growth for both investors and homeowners.
Why Redevelop?
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Property Details for 51 Coronet Cres, Burleigh Waters

51 Coronet Cres, Burleigh Waters is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1176m2 and floor size of 240m2. The place is currently for sale with GC Prestige Group.

Building Type
House
Floor Size
240m2
Land Size
1176m2

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About Burleigh Waters 4220

The size of Burleigh Waters is approximately 6.7 square kilometres. It has 21 parks covering nearly 5.9% of total area. The population of Burleigh Waters in 2011 was 13,868 people. By 2016 the population was 14,311 showing a population growth of 3.2% in the area during that time. The predominant age group in Burleigh Waters is 40-49 years. Households in Burleigh Waters are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Burleigh Waters work in a professional occupation. In 2011, 72.8% of the homes in Burleigh Waters were owner-occupied compared with 73.7% in 2016.

Burleigh Waters has 6,466 properties. Over the last 5 years, Houses in Burleigh Waters have seen a 104.70% increase in median value, while Units have seen a 121.79% increase. As at 31 October 2024:

  • The median value for Houses in Burleigh Waters is $1,687,106 while the median value for Units is $888,113.
  • Houses have a median rent of $1,000 while Units have a median rent of $793.
There are currently 79 properties listed for sale, and 10 properties listed for rent in Burleigh waters on OnTheHouse. According to CoreLogic's data, 304 properties were sold in the past 12 months in Burleigh waters.

Suburb Insights for Burleigh Waters 4220

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Giovanni Marziale
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Karina Anderson
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GC Prestige Group
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.