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7 Banora Hills Drive,
Banora Point NSW 2486

This property is Off Market

All about Banora Point Homes for sale in Banora Point

Last sold 12/10/2021 for $720,000. 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 2.48 km
Potential bushfire risk 0 / 10
Report as to subsidence
Powerlines within 200m 0

Street view

Drive times

School Catchments

Property For Sale Nearby

LJ Hooker UNIT 2, 57 BIMBADEEN AV, Auction 2 Beds - 1 Baths - 1 Parking Within 0.5 km LJ Hooker 35 PIONEER PDE, $930,000 - $1,020,000 4 Beds - 2 Baths - 3 Parking Within 1.1 km The Agency 118 ASH DR, Contact Agent 4 Beds - 2 Baths - 2 Parking Within 1.3 km Ray White UNIT 2, 13-15 KINGSTON DR, 469000 3 Beds - 2 Baths - 2 Parking Within 1.3 km Harcourts 86 ASH DR, Expressions of Interest 4 Beds - 2 Baths - 2 Parking Within 1.3 km LJ Hooker 21 ABERDEEN CT, $900,000 - $975,000 3 Beds - 2 Baths - 2 Parking Within 1.4 km LJ Hooker UNIT 10, 17-21 MONTEREY AV, $695,000 - $760,000 3 Beds - 2 Baths - 1 Parking Within 1.4 km LJ Hooker 57 WINDERS PL, Please Call 3 Beds - 2 Baths - 2 Parking Within 1.8 km Harcourts UNIT 45, PALM LAKE RESORT, 67 WINDERS PL, Expressions of Interest 2 Beds - 1 Baths - 1 Parking Within 2.0 km LJ Hooker UNIT 41, PALM LAKE RESORT, 67 WINDERS PL, $550,000 - $595,000 2 Beds - 1 Baths - 1 Parking Within 2.0 km LJ Hooker 181 BOTANICAL CCT, Contact Agent 4 Beds - 2 Baths - 2 Parking Within 2.6 km LJ Hooker 157 BOTANICAL CCT, $1,200,000 - $1,320,000 4 Beds - 2 Baths - 2 Parking Within 2.9 km

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 42, households expect an average monthly mortgage payment of $1,733 or a weekly rent payment of $533. The average family earns a weekly income of $1,728 with a typical household size of 2.7 and a 97.55% 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 train

Broadbeach South train

Cavill Avenue train

Cypress Avenue train

Florida Gardens train

Northcliffe train

Surfers Paradise North train

Surfers Paradise ship

HOTA, Home of the Arts ship

Surfers Paradise Ferry Terminal

General Points of Interest

South Tweed Indoor Swimming Complex Piggabeen Sports Complex monument

Coolangatta Centaur Memorial sport

Piggabeen Sports Complex

Lovers Rock schools

Southern Cross University monument

Coolangatta War Memorial sport

Alleygators Palm Beach Currumbin Rugby Union Club sport

Recreation Centre shopping

Tweed Mall

Snapper Rocks

Population

(Country of Birth not stated 1%)

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

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Banora Pt PS Tweed River HS
Banora Point High School
Banora Point, NSW, 2486 State 7-12
St James' Primary School
Banora Point, NSW, 2486 Independent K-6
Centaur Public School
Banora Point, NSW, 2486 State K-6
Lindisfarne Anglican Grammar School
Terranora, NSW, 2486 Independent K-12
St Joseph's College
Banora Point, NSW, 2486 Independent 7-12
Banora Point Public School
Banora Point, NSW, 2486 State K-6

Property Story

7 Banora Hills Drive, Banora Point, Nsw, 2486 is a residential property with 3 bedrooms, 3 bathrooms and 2 Parking spaces. The estimated distance to the sea is 2.48km and 0.81KM 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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