5 Grebe Place, Burleigh Waters, QLD 4220

Five real bedrooms on one level, a pool, and a move-in-ready coastal home a few minutes from Burleigh Beach

Picture a Saturday where the biggest decision is who's in the pool first and who's making the coffee — five bedrooms all on one floor, so the kids (or the grandkids, or the guests) are never up or down a staircase, and Burleigh Beach is a short drive when you want the sand. That single-level, five-bed-plus-pool package is genuinely hard to find here, and it's the reason this home sits at the premium end of the Burleigh Waters market.

The kitchen and floors are done — but the two bathrooms are the one part the renovation didn't touch

You walk in and the expensive, disruptive work is already behind you: a stone kitchen you'd actually cook in, polished concrete floors, a fireplace, bi-fold doors folding the living room out to the covered alfresco. Then you get to the bathrooms — and that's where the story is honest. The renovation put its money into the spaces you live in every day, and left the two bathrooms as the room with headroom left in it.

Once you adjust recent sales for size, condition and street, the comparable evidence clusters near $1,940,000

Here's the honest financial picture, laid out the way you'd want it before you write an offer. We took recent Burleigh Waters sales, adjusted each one for floor area, condition, bedrooms, a pool and the street it sits on, and watched where they landed. They cluster in the high-$1,000,000s to low-$2,000,000s — a real anchor for what a buyer competing on the day is actually working from.

The ask opens well above the evidence — and the street itself trades below the suburb median

Before you fall for the house, it's worth knowing what the street quietly tells you. Grebe Place is a lovely, established pocket — but its own sales history sits below the wider Burleigh Waters median, and the comparable evidence around this home is unusually spread out. That doesn't make the ask wrong; it means where this settles is a genuinely open question that buyer competition, not a tidy model, will answer.

What is 5 Grebe Place, Burleigh Waters worth in 2026?

Based on eight verified comparable sales — each adjusted for floor area, condition, bedrooms, a pool and the street — similar homes cluster near $1,941,000, with the adjusted sales spread running from about $1,784,000 to $2,075,000. Four in five comparable Burleigh Waters sales land within roughly $1,670,000 to $2,210,000. An independent automated estimate puts the home at $1,800,000 to $2,380,000. The 'offers over $2,435,000' asking price sits above the top of every one of those ranges. See the full breakdown in the Valuation Guide.

Is 5 Grebe Place in a flood zone?

Council mapping shows a City Plan flood overlay ('Flood Assessment Required'), and the ground level of 4.23 m sits 0.05 m above the designated flood level of 4.18 m. However, the property falls within none of the five ICA insurance flood-probability zones, meaning the insurance industry's model rates it lower risk than the planning overlay suggests. It sits near, but not on, the Burleigh Waters canal system (about 285 m from water). Source: Gold Coast City Council ArcGIS flood mapping.

How long has 5 Grebe Place been on the market?

It was first listed on 3 September 2026, with the first inspection scheduled for Saturday 5 September. As a brand-new listing it is untested by buyers, so where the price settles will be discovered over the coming weeks.

What is the Burleigh Waters median house price in 2026?

The typical Burleigh Waters house sold for $1,925,000 over the last 12 months, up 6.9% year-on-year — a figure built on 181 sales, so a solid sample rather than a thin one. There are 59 active listings in the suburb.

What comparable sales support the valuation of 5 Grebe Place?

The cleanest like-for-like is 37 Beaconsfield Drive, a five-bed with a pool on one level, which sold for $2,180,000 and adjusts to $1,969,627. The nearest sale, 39 Manakin Avenue (0.23 km), sold for $2,130,000 and adjusts to $2,075,242; 17 Pitta Place, a fully renovated four-bed with a pool, sold for $2,137,000 and adjusts to $2,062,944. At the lower edge, 117 Honeyeater Drive sold for $1,530,000 and adjusts to $1,784,481. On the same street, 13 Grebe Place sold for $1,635,000 in October 2025.

Has 5 Grebe Place been renovated?

The living spaces have been fully renovated — a stone-benchtop kitchen, polished concrete floors, a fireplace and large bi-fold doors opening to a covered alfresco. The two bathrooms are the element the works didn't touch and appear original. The home last sold for $648,250 in September 2015 and has been renovated since.

How does 5 Grebe Place compare to other Burleigh Waters homes?

Its five bedrooms put it ahead of about 98% of the 41 Burleigh Waters houses currently for sale, and all five sit on a single level — a genuinely scarce format. Its renovated kitchen and living spaces are well above the mostly lightly-updated homes it competes with. The main point of difference is the two-bathroom layout, where the five-bed homes above its price point tend to carry three.

How was 5 Grebe Place valued?

By comparable sales: we select recent sales of similar homes, then adjust each one up or down for floor area, condition, bedrooms, a pool and the street before taking a weighted average. Eight adjusted comparables cluster near $1,941,000. We publish a single number for no home — price is discovered by what buyers actually offer, and the evidence around this one is unusually wide.

How much is my house worth in Burleigh Waters?

You can get an independent, comparable-sales estimate for your own Burleigh Waters home the same way we valued this one. Head to /analyse-your-home and we'll walk you through what similar homes have sold for.

Is Fields Estate the listing agent for 5 Grebe Place?

No — Fields Estate provides independent property analysis, not the listing. For inspections, offers and contract details, contact the marketing agent handling 5 Grebe Place, Burleigh Waters.