Sold in 98 Days: How 6 Thornbill Place Cleared the Market After a $129,000 Price Correction

The four-bedroom house at 6 Thornbill Place took 98 days to sell — more than double the Burleigh Waters average. It got there only after the guide was cut three times, from a first advertised figure of $1,579,000 down to $1,450,000. The final price was undisclosed, but the campaign itself tells the story.

The Property

6 Thornbill Place is a four-bedroom, two-bathroom house on a low-maintenance 448 sqm block — a compact footprint by Burleigh Waters standards, and a deliberate one. The layout stretches further than the land size suggests: a converted garage adds a second living area or a potential fifth bedroom, and the floor plan already carries a study and an ensuite alongside the four bedrooms.

The outdoor setup is the home's strongest card. A lap pool anchors a poolside entertaining zone that rated 8 out of 10 in our photo analysis, supported by a deck, a balcony, a courtyard and a shed. Air conditioning, a dishwasher and a double garage round out a home built to be lived in or leased without further work.

The Market It Sold Into

Burleigh Waters remains in a growth phase, with the rolling 12-month house median at $1,925,000 across 191 sales (houses only). Four-bedroom houses specifically carry a median of $2,100,000 based on 63 sales — a reminder that this 448 sqm home was always positioned below the suburb's typical four-bedroom benchmark, which its smaller block and converted-garage configuration reflect.

But the corridor is not uniform. Burleigh Waters is carrying 3.6 months of supply — well above Varsity Lakes at 1.8 months and Robina at 2.2 months. More stock means more competition for buyers, and it shows in the tail of the market: 22.2% of Burleigh Waters listings are now sitting beyond 60 days. Annual house price growth still reads +6.9%, but the most recent quarter softened by -4.9%. That is the backdrop a seller faced in mid-2026 — a suburb still growing year on year, but with buyers holding more choice than they had a year ago.

The Campaign

The campaign opened on 27 April 2026 as an expressions-of-interest listing with no advertised price. When a figure did appear, it started high: $1,579,000. Over the following weeks the guide moved steadily downward — through $1,500,000, then $1,499,000 — before settling at $1,450,000 by late June. Three reductions in total, an 8.2% cut from the opening number.

At 98 days on market, this was a long campaign. The Burleigh Waters average sits at 44 days, so this home took 54 days longer than the norm — a challenging result that the price movement explains. The market told the seller where the number needed to be, and the sale followed only once the guide came down to meet it. There is no failure in that, but it is an honest read: the opening price was ahead of what this block and configuration would command in a suburb with rising supply.

The Result

6 Thornbill Place, Burleigh Waters sold on 27 July 2026 for an undisclosed price. 98 days on market — 54 days longer than the Burleigh Waters average of 44 days. First advertised at $1,579,000; final guide $1,450,000 — a reduction of 8.2% across three price changes. The home last traded for $565,000 in October 2014.

What This Means for Buyers and Sellers

For buyers active in the $1,400,000 to $1,600,000 band in Burleigh Waters, this campaign is a lesson in patience. With 3.6 months of supply and more than a fifth of listings sitting past 60 days, well-priced homes are not scarce, and there is room to negotiate on the ones that have been listed a while. A property that opens above the market — as this one did — often corrects toward a fair figure over time. Watching how a guide moves is as informative as the guide itself.

For homeowners thinking about selling nearby, the takeaway is about pricing to the current market, not last year's. Burleigh Waters is still up +6.9% year on year on houses, but the -4.9% quarterly move and rising supply mean buyers are more selective than they were. A sharp opening price shortens the campaign; an ambitious one invites the kind of extended, reduction-driven process 6 Thornbill Place went through. The homes that sell close to the 29-day median are the ones priced right from day one.

Thinking of Selling in Burleigh Waters?

Fields tracks every sale, every price change and every shift in supply across Burleigh Waters and the wider southern Gold Coast — so the number we put on your home is grounded in what the market is actually doing, not what it was doing a year ago. Talk to the Fields team about what your home could achieve in today's market.

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Data note: Sale details, price history and campaign timeline sourced from Fields internal database. Suburb medians, days on market and market conditions reflect Fields tracked data for Burleigh Waters (houses only) as at August 2026. Sale price undisclosed by the selling party.

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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 →