54A Harrier Drive Burleigh Waters QLD 4220
54A Harrier Drive Burleigh Waters QLD 4220
| 728mยฒ in Burleigh Waters | 3-bed, 2-bath, 2-car | Flood overlay present | FTTP internet | Caningeraba/Miami High catchment |
This property offers a rare landholding advantage in Burleigh Waters, with a 728mยฒ lot that allows for a 30% site coverage, providing future subdivision or extension optionality. The 221mยฒ building footprint and 6m roof height suggest a solid structure, and the FTTP internet adds practical appeal for remote workers. It is best suited for a buyer seeking a family home with long-term land value growth, particularly those with school-age children due to the catchment placement.
The flood overlay is the primary risk, potentially increasing insurance costs and limiting some buyer pools, which may soften resale liquidity. However, this risk is partially offset by the property’s elevation at 5m and the absence of bushfire or heritage constraints. The lack of sold history or interior details means the buyer must conduct a thorough physical inspection to assess renovation needs. To hold this property effectively, treat it as a land play with a rental buffer, targeting a 3-5 year hold before considering a subdivision application.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Burleigh Waters is an established, family-oriented suburb positioned as a more accessible entry point to the coveted Burleigh Heads lifestyle. Demand is driven by families seeking quality schools, proximity to beaches and village amenities, and a mix of canal and regular housing. The market exhibits strong capital growth and consistent rental demand, though high price points and a constrained supply pipeline present affordability and availability challenges for future buyers.