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Analyst11 March 2026·Updated 15 September 2026·5 min read
$2,545,000 at 27 Warrina Crescent: What a Near-Double in Five Years Tells Us About Burleigh Waters
A four-bedroom home on a quiet Burleigh Waters crescent sold for $2,545,000 in February 2026 — $645,000 above the four-bedroom median for the suburb. It wasn't sold at auction, and it wasn't a canal home. That gap demands an explanation.
# $2,545,000 at 27 Warrina Crescent: What a Near-Double in Five Years Tells Us About Burleigh Waters
A four-bedroom house on a quiet Burleigh Waters crescent sold for $2,545,000 on 6 February 2026 — $1,255,000 above its 2020 purchase price and $645,000 above the four-bedroom median for the suburb. The result wasn't an accident. It was the product of a fully renovated home hitting a market with 1.2 months of supply.
Here's how it happened.
## The Property
27 Warrina Crescent is a single-storey, four-bedroom, two-bathroom home on 617 sqm — a standard footprint for Burleigh Waters, but one that has been transformed by a full renovation completed within the last decade. The kitchen is the centrepiece: stone benchtops, custom cabinetry, high-end appliances, and a light fixture above the island that adds considered detail without tipping into excess. The flooring is hybrid throughout, the ceilings are high, and the neutral palette — timber accents, light-coloured tiles — lets natural light do most of the work. Every room reads as new condition.
The indoor-outdoor connection is where the home earns its premium. Large sliding doors open the living area directly to a covered entertaining space, a glass-fenced in-ground pool, and landscaping that offers genuine privacy without feeling enclosed. For a buyer chasing a family-ready home with coastal ease — close to Burleigh beach, local shops and public transport — this property delivered without compromise. The outdoor presentation alone would draw a second look from anyone who has spent time browsing what Burleigh Waters typically offers at this price.
The condition was consistently high across every category: exterior paintwork new, landscaping near-perfect, staging professionally executed with a coastal aesthetic that matched the suburb rather than fighting it. In a suburb where the gap between a renovated and unrenovated home can run well past $300,000, the finish here left nothing to negotiate over.
4-bedroom House at 27 Warrina Crescent, Burleigh Waters27 Warrina Crescent, Burleigh Waters
## The Market It Sold Into
Burleigh Waters entered 2026 in a tight supply position. At 1.2 months of available stock — the lowest in the southern Gold Coast corridor tracked across seven suburbs — buyers here are competing hard for a limited pool of listings. That compression matters most when a property is genuinely well-presented: there are simply fewer alternatives to walk away to.
The rolling 12-month median across all Burleigh Waters houses sits at $1,605,000, with annual price growth of +15.6% over that period across 293 sales. Roughly 40% of houses in the suburb are selling within 30 days, which signals that correctly priced, well-presented stock is moving decisively. This was not a market where a $2,545,000 result was inevitable — but it was a market where one was possible, given the right property.
## The Campaign
The property was listed on 5 January 2026 and sold on 6 February 2026 — 32 days on market. The suburb's average days on market over the past 12 months is 52 days, which means this property sold 20 days faster than the typical Burleigh Waters house. That gap is meaningful. A 32-day result in a 52-day suburb says the price and the property connected with buyers quickly, without the campaign stalling through the January holiday period — historically a slower stretch for buyer activity.
No asking price guide has been disclosed for this sale. What is on record is the outcome: $2,545,000, against a four-bedroom median of $1,900,000. The $645,000 premium over that benchmark reflects both the renovation quality and the likelihood that more than one buyer wanted this property before it was gone.
## The Result
> **27 Warrina Crescent, Burleigh Waters** sold on 6 February 2026 for **$2,545,000**.
> Sold in 32 days — 20 days faster than the Burleigh Waters 12-month average of 52 days.
> +58.6% above the Burleigh Waters rolling 12-month suburb median of $1,605,000 (293 sales).
> +33.9% above the Burleigh Waters four-bedroom median of $1,900,000.
> +97.3% capital gain since last purchased in December 2020 for $1,290,000.
## What This Means for Buyers and Sellers
For buyers active in Burleigh Waters at this price point, the lesson from 27 Warrina Crescent is one of pace. A fully renovated, well-positioned home on a quiet crescent attracted a result within 32 days — and in a market where 1.2 months of supply leaves little room to hesitate, waiting for a second inspection or a competing property to emerge is a real risk. Buyers who have pre-approval in place and a clear sense of what they're looking for are better positioned than those still calibrating. The gap between a renovated and unrenovated home at this level is now wide enough that comparing them on price per square metre alone produces misleading conclusions.
For homeowners in the surrounding streets, the figure that matters most here is not $2,545,000 — it's the price growth trajectory. The same house purchased in December 2020 for $1,290,000 has now returned $1,255,000 in value gain. Owners who acquired at or around that period are sitting on significant equity, and the current supply environment — 1.2 months — means a well-prepared campaign would enter a market with very few comparable homes competing for the same buyers. Presentation remains the decisive variable. Renovation quality at this level clears the market quickly; everything else negotiates.
## Thinking of Selling in Burleigh Waters?
27 Warrina Crescent demonstrates what a fully renovated home in Burleigh Waters can achieve when it meets a supply-constrained market. The Fields team knows this suburb specifically — the streets, the buyer profiles, and where the price gaps open up. Talk to the Fields team about what your home could achieve in today's market.
Licensed Queensland real estate agent, founder of Fields Real Estate and Lead Analyst at Fields Research. Covering Gold Coast market data, comparable sales analysis and suburb intelligence.
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