Unit 2, 32 HONEYMYRTLE DRIVE Banora Point NSW 2486
This property is Off Market
- Last sold 9/16/2024 for $918,000. The Average property price in this area is $892,603, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 3.79 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 10/23/2024 11 BIRNAM AVE $1,230,000
- 10/23/2024 10 DURIGAN PL $1,100,000
- 10/23/2024 26 KIMBERLEY CCT $1,305,000
- 10/22/2024 25 ST ANDREWS WAY $942,000
- 10/22/2024 89 OLD FERRY RD $880,000
About Banora Point
With an average age of 38, households expect an average monthly mortgage payment of $1,950 or a weekly rent payment of $473. The average family earns a weekly income of $1,833 with a typical household size of 2.7 and a 95.07% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Banora Point is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Banora Point changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Banora Point to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Banora Point we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Banora Point a better buying opportunity than it may have been in the past.
Public Transport
Broadbeach North
Broadbeach South
Cavill Avenue
Cypress Avenue
Florida Gardens
Northcliffe
Surfers Paradise North
Surfers Paradise
HOTA, Home of the Arts
Surfers Paradise Ferry Terminal
General Points of Interest
South Tweed Indoor Swimming Complex
Piggabeen Sports Complex
Coolangatta Centaur Memorial
Piggabeen Sports Complex
Lovers Rock
Southern Cross University
Coolangatta War Memorial
Alleygators Palm Beach Currumbin Rugby Union Club
Recreation Centre
Tweed Mall
Snapper Rocks
Population
(Country of Birth not stated 2%)
Are people healthy?
There are a recorded 2397 asthma sufferers and 807 people living with diabetes. In addition, 1098 people have a heart/vascular condition and 1829 people live with three or more chronic diseases.A good place to invest in property?
Banora Point a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
New South Wales State average 59 / 100
Income
14 / 100
31 / 100
Industry
17 / 100
22 / 100
Population
15 / 100
19 / 100
House Prices
59 / 100
60 / 100
Jobs
19 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsCentaur PS Banora Pt HS
-
Caldera School
Tweed Heads South, NSW, 2486 State U -
St Joseph's College
Banora Point, NSW, 2486 Independent 7-12 -
St James' Primary School
Banora Point, NSW, 2486 Independent K-6 -
Pacific Hope School
Tweed Heads South, NSW, 2486 Independent U -
Tweed Heads South Public School
Tweed Heads South, NSW, 2486 State P-6 -
Lindisfarne Anglican Grammar School
Terranora, NSW, 2486 Independent K-12 -
Pacific Coast Christian School
Tweed Heads South, NSW, 2486 Independent K-12 -
Centaur Public School
Banora Point, NSW, 2486 State K-6 -
Banora Point Public School
Banora Point, NSW, 2486 State K-6 -
Banora Point High School
Banora Point, NSW, 2486 State 7-12
Property Story
Unit 2, 32 Honeymyrtle Drive, Banora Point, Nsw, 2486 is a residential property with 3 bedrooms, 2 bathrooms and 2 Parking spaces. The estimated value of this home is $775,000 while properties of this type typically sell for between $395,000 and $1,540,000 in this suburb. The estimated distance to the sea is 3.79km and 0.77KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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