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.
QLD › Burleigh Waters › Kestrel Dr
$2,210,000
Last sold
2 May 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
610 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$2,210,000
2 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Burleigh Waters (last 5 years) with land size have a median of $3,002/m² of land (n=94). Districts calculation from recorded sales — not a valuation.
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.
Vs Burleigh Waters
+16.9%
Median sale
Suburb $1,890,000
-0.36 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.
Planning
Planning scheme
City Plan
Zone
Low density residential
Low density residential
Jurisdiction
City of Gold Coast
Gold Coast, QLD
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
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
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDZoned Low density residential (City Plan). Official parcel area about 612 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
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.
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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
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.”
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
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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low density residential (City Plan). Official parcel area about 612 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 612 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
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.
Listing material
Listed by YPA QueenslandAuction Location: ON SITE
Rare 610m² in the Heart of Burleigh Waters — Renovate, Rebuild or Redevelop
Positioned in one of the Gold Coast's most tightly held lifestyle pockets, 23 Kestrel Drive presents a genuine opportunity that rarely reaches the market. A substantial 610m² flat, level allotment — just a two-minute walk from Burleigh Lake and approximately 800 metres from the iconic Burleigh Beach — in a suburb where stock turns over slowly, and buyers compete hard when it does.
The existing residence is a solid double brick lowset — three bedrooms, studip/family room, two bathrooms, multiple car spaces— with the kind of structural integrity that gives buyers real options. Restore it to its former glory and capitalise on the bones, or start fresh and build the custom home you've always had in mind on a flat block that makes construction straightforward.
For those with a bigger vision, the site offers compelling redevelopment potential (STCA) — think high-end duplexes or boutique villas in a suburb where the median house price has nearly doubled in five years.
Location does the heavy lifting here. Step outside and you're moments from Burleigh Lake — perfect for morning walks, paddleboarding, and weekend unwinds. Continue a little further and you're at the beach, surrounded by the cafes, bakeries, and world-class dining that have made the Burleigh strip one of Australia's most coveted coastal addresses. The iconic Mondrian Hotel now anchors the beachfront — Australia's first outpost of the global luxury brand — joining the James Street precinct in cementing Burleigh's place as the Gold Coast's premier lifestyle destination.
Lush parklands, Burleigh Head National Park, quality schooling options including Marymount Catholic College, and Stockland Burleigh Heads shopping centre are all within easy reach. And with the Gold Coast Light Rail Stage 3 extension to Burleigh Heads set to open mid-2026, connectivity to Broadbeach and the broader Gold Coast is about to improve significantly — a catalyst that analysts are already pricing into the corridor.
This is a strategic landholding in a blue-chip suburb, offered to the market with genuine flexibility for the astute buyer, investor, or developer with vision.
Disclaimer:
All clients are strongly encouraged to undertake their own due diligence, including independent inspections. Any marketing materials provided by YPA Queensland are for marketing purposes only. Clients must rely on their own investigations before making any decisions
Listing description written by Steven Spiteri, YPA Queensland — reproduced as published, not verified by Districts.