Mega payday for ex NRL ironman and Scottish captain
A ex international rugby league captain has landed a mega payday in Queensland thanks to time he spent here more than a decade ago.
A ex international rugby league captain has landed a mega payday in Queensland thanks to time he spent here more than a decade ago.
Born in New South Wales, Luke Douglas who played five seasons with the Gold Coast Titans after six with Cronulla before leaving for the United Kingdom and a stint as captain of the Bravehearts.
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During his time with the Gold Coast Titans, Mr Douglas invested in a five-bedroom house in Burleigh Waters, paying $840,000 in 2012 – a deal that has now paid off handsomely for him.
He has pocketed a gain of $1.357m after selling the house for just under $2.197m, with the deal going through in December 2024 and reported this month officially.
The front row specialist left the Titans in 2017 for a stint with the English League playing for St Helens for two seasons before joining Leigh. In that time he would have been up for solid rental income given the massive demand for houses on the Gold Coast.
Records show the property listed at $1,400 a week during the pandemic in 2022 or about $72,800 a year, and then rising to $1,700 a week in December 2024 or $88,400 annually.
The five bedroom home sits on an 834sq m block with One Agency director Danny O’Donnell describing it as “Burleigh’s best buy”.
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He said the home was “just a short walk to Burleigh Beach and an array of popular restaurants and cafes” but also has direct gate access to Burleigh Knoll Conservation Park – a boon for nature-loving families.
Among its charms the home has a large in-ground pool with sun lounging deck, as well as a firepit area but also offers dual living potential given its fifth bedroom has its own separate living space.
Around 166 houses were sold in Burleigh Waters last year with a median price of $1.541m – with prices jumping a massive 85.7 per cent in the past five years according to PropTrack data.
Originally published as Mega payday for ex NRL ironman and Scottish captain