22 Wedgebill Parade Burleigh Waters QLD 4220
22 Wedgebill Parade Burleigh Waters QLD 4220
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This three-bedroom house on a 603sqm block suits downsizers or young families valuing established canal estate living with poolside leisure.
The mid-sized lot provides solid scope for family use or future enhancements, balanced by a 33% building coverage that leaves room for landscaping or additions. Its 1990 construction aligns with durable brick designs common in the street, where larger homes on bigger parcels command premiums like the recent $3.05m sale nearby. Practical extras such as solar panels, a water tank and workshop appeal to cost-conscious owners seeking low-maintenance holding. A flood overlay tempers immediate renovation plans yet underscores insurance diligence in this low-elevation spot at 4m. Buyers drawn here typically include locals upgrading within Burleigh Waters for the NBN and 5G reliability alongside Caningeraba and Miami school zones. Comparable three-beds on 600sqm lots hold steady value, buoyed by canal proximity that supports long-term lifestyle demand without overexposure to coastal volatility. The versatile study or fourth space broadens its fit for remote workers, enhancing rental potential if needed. Overall, this setup positions it as a reliable mid-market anchor with appeal enduring beyond short-term flips.
Detailed Independent Property Report prepared by PropCred Analyst team for 22 Wedgebill Parade Burleigh Waters QLD 4220
Checks found:
Value Risk
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Liquidity Risk
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Planning Risk
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Income Risk
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Execution Risk
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Insight: 22 Wedgebill Parade Burleigh Waters QLD 4220
Demand is driven by the family-friendly, canal-lined suburb minutes from Burleigh Heads, strong schooling and retail access, and owner-occupier preference supported by rents yielding around 3.5%-4.6%. The planned Treetops Plaza transformation plus tight land supply keep the precinct in investors sights, but the main risk is that higher debt costs or a surge of new completions could blunt the current momentum. Pricing has held firm over the last six months, continuing the double-digit annual lift, so todays buyers are effectively paying for the lifestyle premium even as the market waits for the next catalyst.