Is $1,200,000 the New Entry Price for a House in Robina?

A three-bedroom house has just come to market in Robina at $1,200,000 — below the suburb's lower quartile for houses. Watch this one, because it's testing where the floor actually sits.

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The Property

9 Picabeen Close is a three-bedroom, two-bathroom house on 467 sqm, with two car spaces and 149 sqm of internal floor area. It sits in a quiet cul-de-sac pocket of Robina, the kind of street that trades on position rather than postcard views. The layout is built around an open-plan living zone — practical family space rather than anything reconfigured or extended.

What it isn't matters as much as what it is. There's no renovation signal in the data, no premium view, and the block is well under the suburb's median lot size of 675 sqm. This is a standard-format house on a compact lot, priced to sit at the entry end of the market. For a buyer trying to get into Robina without stretching to the median, that combination is exactly the point.

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Why This Sale Matters

Entry-level buyers watch a suburb's floor more closely than anyone. First-home buyers, downsizers moving into the area, and investors starting a portfolio all ask the same question: what's the cheapest genuinely buyable house in Robina right now? This listing is a live answer.

At $1,200,000, the asking price sits 5.5% below the suburb's lower quartile of $1,270,000 — the 25th percentile of house sales over the last 12 months. In plain terms, three out of four Robina houses that sold traded above this number. A listing coming in beneath the lower quartile is, by definition, positioned as an entry point.

The result will tell us which way the floor is moving. If it sells at or near asking, it confirms $1,200,000 as a real entry price — the number a buyer needs to clear the door in Robina. If competition pushes it well above, it says the true floor is higher than the list price suggests, and the entry level in this suburb has quietly moved up. Either outcome is useful information for anyone watching this end of the market.

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What the Numbers Say

Robina's rolling median house price is $1,520,000, with a lower quartile of $1,270,000 and an upper quartile of $1,650,000. Against that spread, $1,200,000 sits below the entry benchmark.

The sharper comparison is bedroom-specific. The median for three-bedroom houses in Robina is $1,210,000 — putting this asking price just 0.8% below the three-bed median. So while the price looks low against the all-house median, it's almost exactly in line with what three-bedroom homes actually trade for. That's the honest read: this isn't a bargain relative to comparable stock, it's a fair-to-competitive price for the format.

Timing context matters too. Three-bedroom houses in Robina have been selling in an average of 28 days, faster than the 38-day suburb-wide average. Robina has posted annual house price growth of +10.9%, though the most recent quarter softened to -2.9%, and the suburb is carrying 3.8 months of supply — a market Fields data classes as expansion, not overheated. This one is just listed, so days on market isn't yet a story. It's a number to watch.

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Our Take

At $1,200,000, this is a genuine test of Robina's entry price rather than a headline discount. The price is below the lower quartile, but sitting right on the three-bedroom median tells you why: you're buying a compact 467 sqm block, a modest 149 sqm floor plan, and no renovation premium or view. That's the trade-off at the floor of this suburb — you get the postcode and the school catchments, not the land or the finish.

Our read is that it's competitively placed for the format and should attract the entry-level buyers it's aimed at. Three-bed stock moves faster than the suburb average, and anything positioned at or below the three-bed median in an expansion-phase market tends to find its buyer. The open question is whether that competition holds the sale near asking or lifts it back toward — or above — the $1,270,000 lower quartile. If it clears $1,270,000, the "below entry price" framing evaporates and the real floor reveals itself. Watch the gap between list and result. That number is the whole story.

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Follow This Sale

We'll publish the result in our How It Sold series once this one settles — and whether it holds the floor or resets it. Follow Fields to see where Robina's entry price really lands.

Know your ground.

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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 →