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QLD › Burleigh Waters › Wagtail Ct

2/24 Wagtail Ct, Burleigh Waters QLD 4220

For saleSemi-detached

$1,200,000

For sale

Asking

3

Bedrooms

2

Bathrooms

1

Car spaces

269 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,200,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,200,000(Listing record · 18 Aug 2026)
  • CalculationAsk is 37% below the Burleigh Waters median recorded sale ($1,890,000, n=123, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Burleigh Waters's advertised median rent ($921/wk), implied gross yield would be 3.99% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$1,200,000

Asking · $4,461/m² of land

No recorded sale for this property.

Burleigh Waters at a glance

15,343

People

$1,890,000

Median sale

$921/wk

Median rent

2.53%

Suburb gross yield

Median sale from 123 recorded sales (last 12 months) — a Districts calculation.

See the full Burleigh Waters report →

Vs Burleigh Waters

-36.5%

Median sale

Suburb $1,890,000

+1.46 pp

Gross yield

Suburb 2.53%

Suburb median $1,890,000 from 123 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,200,000
Stamp Duty (Queensland)
$49,525
Transfer/Registration Fee
$4,997
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,258,222

$58,222 on top of the price (4.9% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Burleigh Waters's advertised median rent — not a rent for this listing.

Net yield
2.49%
Annual cashflow (pre-tax)
$-32,508
Interest cover (DSCR)
0.48
Annual rent
$47,892
Operating expenses
$18,000
Loan amount
$960,000
Annual interest
$62,400
Gross yield
3.99%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

For more information on this property, visit Queensland Globe↗.

Records

Property history

  1. Listed$1,200,000available18 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $921/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 4.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Burleigh Waters in one glance

Burleigh Waters at a glance

15,343

People

$1,890,000

Median sale

$921/wk

Median rent

2.53%

Suburb gross yield

Median sale from 123 recorded sales (last 12 months) — a Districts calculation.

See the full Burleigh Waters report →

Keep researching

  • Why Burleigh Waters? Read the area thesis →
  • What else is on the market in Burleigh Waters →
  • Other records on Wagtail Ct →

Listing material

Listed by LJ Hooker Surfers Paradise

Quietly Exceptional; Reimagined Duplex in Burleigh Waters

Exquisite... This renovated three-bedroom, two-bathroom duplex has hit the market in Burleigh Waters. Nestled down a quiet cul-de-sac, one of only two dwellings on the block and finished to a standard that sets it apart from the typical duplex.

The single-level home comprises granite kitchen benchtops, gloss tiled flooring and plantation shutters throughout, alongside an expansive living configuration that has become increasingly sought after by buyers balancing work, family and downtime under one roof.

Inside, the kitchen anchors the main living and dining zone, its granite finish and curved breakfast bar built for daily use rather than display. A second, separate living area extends the floorplan's flexibility, giving the household room to divide work, study and downtime without competing for the same space. The master suite is fully self-contained, with a private ensuite, corner spa bath, combined shower and built-in storage setting it apart from the two remaining oversized bedrooms, which share a central bathroom. Ceiling fans run throughout the home, backed by split-system air conditioning to the main living areas and third bedroom.

Read the full description

Outside, the property offers both a front and rear grass yard, each fully fenced, alongside a secure gated single carport and garden shed. Solar panels are also fitted to the roof.

Burleigh Waters has long attracted a mix of young families, professionals and downsizers drawn to its network of lakes and canals, its wide, quiet streets and its proximity to both Stockland Burleigh Waters shopping centre and the Burleigh Heads coastline. Caningeraba State School and Marymount College sit within the local catchment, while Varsity Lakes railway station and the G:link light rail both provide direct transport links for beachgoers and commuters heading further afield.

PROPERTY HIGHLIGHTS

- Exceptional three-bedroom, two-bathroom duplex, one of only two on the block

- Quiet cul-de-sac position, fully renovated, single-level layout

- Granite kitchen with curved breakfast bar, open to living and dining

- Second, separate living area for flexible work/study/downtime use

- Master with private ensuite, corner spa bath and combined shower

- Plantation shutters throughout, low maintenance finish

- Ceiling fans and split-system air conditioning to living areas and third bedroom

- Solar panels fitted to the roof

- Single secure gated carport and separate garden shed

- Fully fenced front and rear grass yards

LOCATION HIGHLIGHTS

- Walking distance to Stockland Burleigh Waters shopping centre

- Close to Burleigh Heads coastline

- Within Caningeraba State School and Marymount College catchment

- Direct transport links via Varsity Lakes railway station and the G:link light rail

For further information or to arrange a private inspection, contact the listing agents directly.

Simon Tooma | 0411 338 048

Cruz Adams | 0447 746 686

Take the next step towards securing this property - register your interest and make your offer by clicking the link below:

https://buy.realtair.com/properties/283199

DISCLAIMER

LJ Hooker Surfers Paradise has taken all reasonable steps to ensure the information contained herein is true and accurate, but accepts no responsibility and disclaims all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own independent enquiries and satisfy themselves in all respects as to the accuracy of the information provided.

Listing description written by Simon Tooma, LJ Hooker Surfers Paradise — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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