Auctioned in 26 Days: 2/23 Sunbird Street, Burleigh Waters Sells for $1,085,000

A two-bedroom duplex in Burleigh Waters sold under the hammer on 31 January 2026 for $1,085,000 — 26 days after hitting the market. In a suburb where the median sits at $1,605,000, that result demands closer examination.

The Property

Sitting in a tightly held pocket of Burleigh Waters, 2/23 Sunbird Street is a renovated duplex that threads a difficult needle: coastal character without the coastal premium of a freestanding home. The two-bedroom, two-bathroom layout has been updated with contemporary finishes throughout — neutral tones, modern fixtures, and a considered flow that makes the footprint feel larger than the title suggests.

Three car spaces is an unusual allocation for a duplex, and in a suburb where street parking is increasingly contested, it matters. The renovation appears thorough rather than cosmetic — the kind of work that buys a buyer five to eight years without a major outlay.

For buyers priced out of the Burleigh Waters house market but unwilling to leave the suburb, this type of product occupies a specific and legitimate niche. Proximity to Burleigh Beach and the Burleigh State High School catchment remain the suburb's two most consistent price drivers, and this property sits within reach of both.

The Market It Sold Into

Burleigh Waters is moving. Year-on-year, house prices in the suburb are up +15.6% across the rolling 12-month period — the second-strongest growth rate in the southern Gold Coast corridor behind Varsity Lakes. Supply sits at just 1.2 months, meaning serious buyers have very little room to hesitate. Roughly 40% of listings sell within 30 days.

That context matters for a duplex campaign. Auction in a low-supply environment typically accelerates competition, and January 2026 was not a quiet market. The asking-versus-valuation gap across the suburb sits at -12.0%, which tells vendors something important: automated platform valuations are running below what buyers are actually paying at the time of sale. For a renovated duplex at the entry point of the market, that dynamic only sharpens buyer urgency.

The Campaign

The property was listed on 5 January 2026 and sold at auction 26 days later on 31 January. The suburb's average days on market sits at 52 days, making this a sale that concluded 26 days ahead of the typical campaign length — a result well outside the margin of an ordinary timeline.

Selling at auction with that kind of speed in the January window — traditionally a period of slower buyer mobilisation — points to a campaign that generated genuine competitive tension before the hammer fell. No asking price guide was publicly disclosed, so a guide comparison isn't available. What is clear is that the auction format produced a decisive result in a short window, which is ultimately what the format is designed to do.

The Result

2/23 Sunbird Street, Burleigh Waters sold at auction on 31 January 2026 for $1,085,000.

Sold in 26 days — 26 days faster than the Burleigh Waters average of 52 days.

32.4% below the Burleigh Waters rolling 12-month suburb median of $1,605,000.

18.1% above the rolling 12-month median for two-bedroom homes in Burleigh Waters ($917,500).

What This Means for Buyers and Sellers

For buyers active in Burleigh Waters below $1.2 million, this sale anchors the duplex tier with useful precision. A renovated two-bedroom duplex with three car spaces and two bathrooms in a well-regarded street transacted at $1,085,000 — $167,500 above the two-bedroom median, which reflects the renovation premium and the parking allocation rather than any unexplained market anomaly. If you're working in this price range, that gap between $917,500 and $1,085,000 is now a documented reference point. Expect well-renovated stock in this category to trade closer to $1.1 million. Unrenovated equivalents have clustered around or below the two-bedroom median over the period measured.

For nearby homeowners sitting on freestanding houses, the more significant signal is the supply figure: 1.2 months. That is a very thin inventory position. Sellers who list a well-presented freestanding home into this market have limited competition, and the 40% of listings selling within 30 days suggests the window between listing and contract can be short. The suburb median of $1,605,000 is moving — the rolling 12-month figure and the more recent quarterly data are telling different stories, and that divergence typically resolves upward in a constrained supply environment. Homeowners weighing timing should pay attention to that gap.

Thinking of Selling in Burleigh Waters?

With 1.2 months of supply and prices tracking sharply upward, the Burleigh Waters market is rewarding vendors who list with a clear strategy. Fields works across the southern Gold Coast corridor and knows exactly where this suburb's buyer demand is coming from right now — and what price ranges it concentrates in. Talk to the Fields team about what your home could achieve in today's market.