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Investment Property Banora Point, NSW, 2486

Suburb Snapshot

Banora Point is a suburb in the Tweed Region of New South Wales. Banora Point has a population of 16,169 people and 19.20% of its occupants live in rental accommodation. The median listing price for houses is $1,090,000 and this has changed 21.11% over the past year and changed 21.11% over 2 years.

The median rent in Banora Point for houses is $850 per week and the median rental yield is 4.05%. Stock on the market for houses/townhouses has changed 12.96% compared to last year and the average time to sell a house/townhouse is 47 days.The median listing price for units is $600,000 and this has changed 6.19% over the past year. The average unit takes 91 days to sell and the median rent for a unit in Banora Point is $700 per week, producing a rental yield of 6.06%.

Supply & Demand in Banora Point, Tweed

0.31%

Current vacancy rate


23

Rental stock available


16,169

Population


19.20%

Rental population


0.55%

Current vacancy rate


260

Rental stock available


91,371

Population


23.21%

Rental population


1.02%

Current vacancy rate


37,155

Rental stock available


7,480,223

Population


27.79%

Rental population


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Statistical data for Banora Point, Tweed

  House Townhouses Units
Median listing price $1,090,000 $760,000 $600,000
Median price change - last quarter 5.00% 4.16% -1.28%
Median price change - 1 year 21.11% 21.21% 6.19%
Median price change - 2 years 21.11% 22.58% NA
  House Townhouses Units
Median weekly rent $850 $720 $700
Median yield % 4.05% 4.92% 6.06%
Median rent change - 1 year 6.25% 10.76% 22.80%
  House Units
Previous month sales 14 2
Stock on market previous month 61 19
Stock variance vs. last year 12.96% 72.73%
Average days on market 47 91

Banora Point investment property listings

Showing 1 of 1 investment properties found in Banora Point on realestateinvestar.com.au

1/11 Coolabah Ct, Banora Point

$1,030,000

property pic

Elevated Living with Views, Modern Renovations & Expansive Yard

Tucked away in a quiet, leafy street, this elevated two-level duplex offers a peaceful lifestyle with sweeping views to the surrounding mountain ranges. Combining modern updates with character features, this home is ideal for those seeking space, privacy, and comfort. All open home times are ...

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3

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Townhouse

NSW 2486


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