A suburb in the spotlight: Burleigh Heads

A bit about Burleigh Heads

Burleigh Heads is located on the southern end of the beautiful Gold Coast, with sprawling beaches and the Burleigh Head National Park at its tip. The size of Burleigh Heads is approximately 10.2 square kilometres. It has 67 parks covering nearly 19.2% of the total area.

Burleigh offers variety with many shops and department stores to boutique stores, cafes, restaurants and hotels. With a relaxed atmosphere, Burleigh is well known to travellers as well as the locals. Burleigh Pavilion is a popular dining experience, situated right at the waters edge with a striking view of the Gold Coast skyline and beaches.

The predominant age group is 30-39 years. In general, people work in a professional occupation. Families have also made the area home due to the lifestyle the area offers. Currently, the median sales price of houses in the area is $857,500.

Burleigh Heads median house prices

The majority of the area is made up of owner-occupied couples and young families, with the median sales price for a house is $920,000 and units just shy of $600,000.

Housing stock is quite tightly held. Typically, with low stock turnover. Which makes houses and large apartments, highly sought after for young couples and investors.

The number of days on the market has slightly increased over the last 5 years but has seen a slight improvement in the last 6 months.

Current property listings in Burleigh Heads

Investment Property Yields

In regard to rental yields, you can see that the asking rent has gone up ever so slightly over the last 5 years but this is going off gross yield figures slightly decreasing over the same period.

Getting a mortgage to live

If you are a first home buyer, young family, or upgrading your family home from an apartment to a house, then Burleigh maybe home. How you structure this move, you need to discuss your options available, with a hfinance mortgage broker, to help make this transition happen.

Getting a mortgage to invest

If you are seeking an investment loan to purchase a property in Burleigh, it is important to understand the capital gain growth and the gross rental yield on the purchase.

Lenders have tightened their credit policy around investment lending and it is important to sit down with a hfinance mortgage broker, to discuss your financial goals and map out your financial future. Especially if you are looking to purchase an investment property and later do a renovation to add equity and future value.

Hi, I’m Kirstie Penton and I’m your local hfinance mortgage broker, servicing the whole of the Gold Coast area. I have lived on the GC for the last 25 years and know Burleigh well. I’ve taken my kids to the beach, played in the parks and walked through the beautiful National Park. In fact, I lived and worked there for 5 years. So Burleigh is like a second home!

Call me today and we can have a coffee and a chat about your move or your investment scenario. Contact by calling on 1300 928 227 or email info@hfinance.com.au.