Someone Paid $1,775,000 for This Burleigh Waters Home. Fifteen Months Later, It Sold for $2,400,000.

The owners bought 12 Sittella Crescent in June 2025, renovated it front to back, and resold it before spring. The number that changed hands says a lot about what a finished home is worth in this pocket right now.

The Result

12 Sittella Crescent, Burleigh Waters sold on 7 September 2026 for $2,400,000. Sold in 30 days — 15 days faster than the Burleigh Waters rolling 12-month average of 45 days. $175,000 below the unchanged guide of $2,575,000 (6.8% under guide). 24.7% above the suburb's rolling 12-month house median of $1,925,000 (houses only, based on 220 sales). Effectively in line with the 5-bedroom house median of $2,381,500 (based on 22 sales).

The previous owners paid $1,775,000 in June 2025. The $2,400,000 result is a +35.2% gain in roughly fifteen months — but that gain came with a full renovation in between, not from the market alone.

The Property

This is a five-bedroom, two-bathroom house on a 660 sqm block in one of Burleigh Waters' tightly held family streets. It carries two car spaces, a study, a shed, and an inground pool — the kind of layout that suits a family that wants room to spread out without leaving the flat, walkable side of the suburb.

The story here is the renovation. The home changed hands in June 2025 at $1,775,000 and was then reworked throughout before returning to market. That matters when you read the price: a buyer at $2,400,000 was paying for a completed home, not a project. The outdoor space does the heavy lifting — the pool and covered entertaining area rate highly, and a private courtyard gives the block a sense of enclosure that larger, more exposed lots in the suburb don't offer. For a five-bedroom house, the 660 sqm footprint is efficient rather than sprawling, which keeps maintenance sensible while still fitting a pool and a separate study.

The Market It Sold Into

Burleigh Waters is in a growth phase, with annual house price growth of +6.9% and roughly 3.2 months of supply — enough stock that buyers can be selective, but not so much that good homes sit. The suburb's rolling 12-month house median is $1,925,000 across 220 sales, and this result landed 24.7% above it.

The more useful comparison is within the five-bedroom bracket. Those larger houses carry a median of $2,381,500, based on 22 sales — a smaller sample, so read it as a guide rather than a hard line. Against that benchmark, $2,400,000 is essentially a market-rate result for a renovated five-bedroom home here. It sold well above the whole-suburb median because it's a bigger, finished house, not because the market suddenly repriced.

The Campaign

The home was listed on 13 August 2026 and sold on 7 September 2026 — 30 days on market against a 45-day rolling average for the suburb. That's a genuinely quick campaign for this price band, and it happened without the guide moving: the advertised price held at $2,575,000 the whole way through.

The trade-off sits in the gap between guide and result. The property sold for $175,000 below its unchanged guide — 6.8% under. So the read isn't "hot market, over-the-guide result." It's a finished home that found its buyer quickly, at a number that settled below the opening ask. Speed and a firm guide don't always arrive together; here the speed came, and the price met the buyer partway.

What This Means for Buyers and Sellers

For buyers active in the $2,000,000–$2,500,000 band in Burleigh Waters, this sale is a marker for what a fully renovated five-bedroom home costs — around the five-bedroom median, and moving inside a month when the presentation is finished. With 3.2 months of supply, there's room to negotiate, and this result shows where that negotiation can land: a guide of $2,575,000 became a $2,400,000 sale. The homes that clear fastest are the ones where the work is already done.

For homeowners nearby thinking about selling, the lesson is in the renovation, not the resale. The previous owners bought at $1,775,000, invested in the home, and resold at $2,400,000 — a result that reflects the work put in as much as the market. If your home is already renovated and priced to the five-bedroom bracket rather than the whole-suburb median, this campaign suggests you can expect a decision inside the 30-to-45-day window. A guide set above where comparable finished homes are trading can still sell quickly, but often lands below the opening number.

Thinking of Selling in Burleigh Waters?

Fields tracks every house sale in Burleigh Waters — what sold, how fast, and how the final price compared to the guide. That's how we can tell you where your home sits against the five-bedroom bracket rather than a broad suburb average. Talk to the Fields team about what your home could achieve in today's market.

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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 →