How a Three-Bedroom on Kingfisher Crescent Sold for $2,400,000 in Burleigh Waters

A three-bedroom house in Burleigh Waters has sold for $2,400,000 — 14.3% above the suburb median and well beyond what most three-bedroom homes here trade for. The number tells you this sale wasn't really about the house. It was about the ground it sits on.

The Property

36 Kingfisher Crescent occupies a 678 sqm block on one of the quietest streets in Burleigh Waters — a no-through road, a short walk from James Street and Burleigh Beach. That combination is the whole story here: proximity to the two things Burleigh buyers pay most for, without the traffic that usually comes with being close to them.

The home itself is a three-bedroom, two-bathroom layout with an inground pool and strong outdoor entertaining space. There's a fireplace, air conditioning, and — unusually for the pocket — three car spaces with room for a caravan or boat. None of these are luxury inclusions on their own. Together, on a block this size in this position, they form the kind of property that rarely turns over and holds value when it does.

What separates this sale from a typical three-bedroom result is that buyers weren't pricing the bedrooms. They were pricing land, street, and beach access — the elements you can't renovate your way into.

The Market It Sold Into

Burleigh Waters house values are up +23.7% year-on-year (houses only), sitting on a rolling 12-month median of $2,100,000 across 137 tracked sales. With roughly 3.5 months of supply, the suburb is firmly in an expansion phase — enough stock to give buyers choice, not enough to hand them leverage.

That backdrop matters for a property like this one. In a market moving this quickly, well-located land near the beach becomes the scarce asset. Standard three-bedroom homes in Burleigh Waters carry a median of $1,448,500. A block on a tightly held street a short walk from the sand plays in an entirely different bracket — and buyers here have shown they'll pay for position when it comes up.

The Campaign

The home was listed in March 2026 and sold by private treaty in July 2026 — a longer campaign than the Burleigh Waters average of 44 days. That's worth being straight about: at $2,400,000 for a three-bedroom home, the buyer pool narrows considerably. Most purchasers spending this figure expect four or five bedrooms, so the sale depended on finding the specific buyer who valued the land and location over the bedroom count.

That buyer existed — but they took time to surface. It's a useful reminder that premium-land sales and premium-house sales move on different clocks. The result came from patience and correct positioning, not a fast auction bounce.

The Result

36 Kingfisher Crescent, Burleigh Waters sold on 21 July 2026 for $2,400,000. 14.3% above the Burleigh Waters median of $2,100,000. 65.7% above the suburb's three-bedroom median of $1,448,500. Up +172.7% on its November 2017 purchase price of $880,000.

What This Means for Buyers and Sellers

For buyers active in Burleigh Waters above $2,000,000, this sale is a lesson in what actually commands the money. A three-bedroom home cleared $2,400,000 not on finishes or size, but on a 678 sqm block, a quiet no-through street, and beach proximity. If you're weighing two properties at this level, the one with the better ground and the better street will almost always be the safer buy — the house can change, the location can't.

For homeowners nearby, the read is clear. The premium here attached to land and position, not bedroom count. If you own a well-placed block close to James Street or the beach, its value is being set by scarcity, not by the standard three-bedroom benchmark. That said, the +172.7% gain since 2017 sits alongside a market that has run hard — the right price still requires the right buyer, and at this level, that campaign takes time to reach them.

Thinking of Selling in Burleigh Waters?

Every street in Burleigh Waters prices differently, and results like this one turn on knowing exactly where a property sits in the market — not a suburb-wide average. That's the ground Fields knows best. Talk to the Fields team about what your home could achieve in today's market.

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Data note: Figures drawn from Fields internal sold data and price history for Burleigh Waters. Suburb median, three-bedroom median, and average days on market reflect rolling 12-month house sales (137 transactions). Percentage comparisons calculated against the recorded sale price of $2,400,000.

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Disclaimer: The information in this article is for general informational purposes only and does not constitute financial, investment, or valuation advice. Fields Real Estate (Licence No. 4832972) makes no warranty as to the accuracy or currency of data published. Readers should conduct their own due diligence and seek independent professional advice before making any property or investment decision. Read our full disclaimer →