Real Estate Banora Point NSW 2486

Banora Point: Coastal, Relaxed, Family-friendly, Scenic

Housing Market in Banora Point

Key Banora Point Metrics & Forecast to 2028

Sources: Property Listings, TORREN and Microburbs, 2002 - 2023

Field	Value	VS Richmond	Trend
Capital Growth Forecast: Houses	Premium	Premium	Premium
Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium
Median yield for houses	Premium	Premium	Premium
Smart median rent: All houses	$856	Top 9%	205% to Mar 2025
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Banora Point

Banora Point Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS, BASIX and Microburbs, 2002 - 2031

Banora Point

23.8%

Richmond

36.4%

Compare
Suburbs

Field	Value	VS Richmond	Trend
Development applications	149	Top 16%	80% to Jun 2025
Developments	0.4	Bottom 27%	Data for Jul 2023
Housing Stock Quality Indicator	70.6	Top 8%	Data for May 2023
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: houses	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
New Dwellings	26	Top 22%	31% to Dec 2020
Number of Subdivisions	2 lots	Bottom 17%	Data for Apr 2023
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Proportion of subdividable properties	Premium	Premium	Premium
Stock on Market	55	Top 1%	1733% to Feb 2025

Housing Stock Quality in Banora Point

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings, BASIX and Microburbs, 2006 - 2023

Field	Value	VS Richmond	Trend
Houses	61.6%	Bottom 6%	10% to Jan 2021
Average bedrooms - all homes	2.4	Bottom 42%	Data for Jan 2021
NBN connection: fibreoptic cable to node	90.7%	Top 3%	Data for Jun 2023
Median land to asset ratio	Premium	Premium	Premium

Development Restrictions in Banora Point

Banora Point Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023

Banora Point

25.9%

Richmond

30.9%

Compare
Suburbs

Field	Value	VS Richmond	Trend
Total area	11.0 sq km	Top 45%	Data for Jan 2021
Average floor space ratio (zoning)	0.99	Top 27%	Data for Feb 2023
Environmental conservation area proportion	0.0%	Bottom 31%	Data for Jun 2023
Heritage sites	1	Bottom 42%	Data for Jun 2023
Residential density	480 sqm per resident	Bottom 27%	Data for Jan 2021

Risk in Banora Point

Banora Point Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Banora Point

65.1%

Richmond

62.3%

Compare
Suburbs

Field	Value	VS Richmond	Trend
% Owner Occupied	89.2%	Bottom 39%	0% to May 2023
% Rentals	10.8%	Top 39%	4% to May 2023
Housing Affordability Index	53	Top 11%	Data for Jun 2023
Median monthly mortgage	$2,050	Top 43%	20% to May 2023
Rent Affordability Index (Houses)	55	Bottom 1%	Data for Jun 2023
Rent Affordability Index (Units)	52	Bottom 1%	Data for Jun 2023
Mortgage as a percent of income	33.9%	Top 9%	8% to Jan 2021
Mortgaged Dwellings	34.3%	Bottom 37%	9% to May 2023

Housing Demand in Banora Point

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 1975 - 2030

Banora Point

76.6%

Richmond

68.5%

Compare
Suburbs

Field	Value	VS Richmond	Trend
Net internal migration (LGA)	Premium	Premium	Premium
Net overseas migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	16400	Top 30%	20% to Dec 2041
Historical Population (SA3)	99000	Top 28%	33% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	110000	Top 15%	48% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Auction clearance rate	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium
Vacancy rate	Premium	Premium	Premium

Unit Market in Banora Point

Banora Point Unit Investor Report

Sample Graphic

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS Richmond	Trend
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$700	Top 8%	236% to Mar 2025
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	77.8%	Top 39%	3% to Mar 2025

Percent of Renters by Street (100)

Percent of Renters	Street
69.9%	Adina Pl
0.0%	Admiralty Pl
8.2%	Advocate Pl
64.2%	Allamanda Ave
0.0%	Alpha None

LGA Details (1)

Headline	Place	Datetime
Local government area	Tweed

Median Unit Sale Prices by Street (100)

Date	Median sale value	Street
10 May 2024	$575,000	Advocate Pl
10 May 2024	$655,000	Darlington Dr
10 May 2024	$672,500	Elsie St
10 May 2024	$770,000	Franklin St
10 May 2024	$560,000	Leisure Dr

Median House Rental Prices by Street (39)

Level_0	Street	Date	Median rent (per week)
86324	Darlington Dr	13 Mar 2025	$787
86385	Glen Ayr Dr	13 Mar 2025	$880
86426	Honeymyrtle Dr	13 Mar 2025	$825
86396	Greenway Dr	13 Mar 2025	$690
86391	Grassmere Ct	13 Mar 2025	$995

Turnover Rate by Street (100)

Turnover rate	Street	Turnover Label	Turnover Years	Year
55.6%	Links St	quite tightly held	Every 18.0 years (quite tightly held)	2025
53.3%	Rosslea Ct	quite tightly held	Every 18.8 years (quite tightly held)	2025
55.6%	Riversdale Bvd	quite tightly held	Every 18.0 years (quite tightly held)	2025
102.6%	Kingston Dr	high turnover	Every 9.7 years (high turnover)	2025
75.6%	Woodlands Dr	average turnover	Every 13.2 years (average turnover)	2025

Median House Sale Prices by Street (100)

Street	Date	Median sale value
Buncrana Tce	10 May 2024	$1,538,000
Castlecrag Ave	10 May 2024	$1,050,000
Cashel Cr	10 May 2024	$935,000
Cominan Ave	10 May 2024	$830,000
Ash Dr	10 May 2024	$830,000

Realtors (4)

Headline	Place	Datetime
First National Real Estate Banora Point	4B Banora Shopping Village
NMV REALTY
Raine & Horne	2/ 34 Oyster Point Rd
Strata Leaders	PO Box 573

Recently Sold Houses (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
78 Honeymyrtle Dr	Price Withheld	3.0	1.0	3.0	08 Mar 2025	On Market
9 James Cook Dr	Price Withheld	5.0	2.0	2.0	03 Mar 2025	On Market
10 Tyrone Terrace	Price Withheld	4.0	3.0	2.0	03 Mar 2025	On Market
183 Botanical Circuit	$1,300,000	4.0	2.0	4.0	28 Feb 2025	On Market
183 Botanical Circuit	Price Withheld	4.0	2.0	4.0	28 Feb 2025	On Market

Planning Applications: Dwellings (48)

Headline	Place	Date
Demolition of existing garage, and construction of new garage and secondary dwelling - Tweed Shire Council DA24/0610	8 Birnam Avenue, Banora Point NSW 2486	14 Dec 2024
Removal of existing pontoon and construction of new pontoon - Tweed Shire Council DA24/0517	21 Commodore Court, Banora Point NSW 2486	26 Oct 2024
Amendment to Development Consent DA24/0133 for alterations and additions to an existing dwelling - Tweed Shire Council DA24/0133.01	85 Botanical Circuit, Banora Point NSW 2486	19 Oct 2024
Installation and use of manufactured home as a secondary dwelling - Tweed Shire Council DA24/0496	305 Darlington Drive, Banora Point NSW 2486	17 Oct 2024
Amendment to Development Consent DA22/0779 for alterations and additions to existing dwelling including deck and carport - Tweed Shire Council DA22/0779.01	10 Jarrah Place, Banora Point NSW 2486	21 Aug 2024

Planning Applications: Other (52)

Headline	Place	Date
Demolition of existing garage, and construction of new garage and secondary dwelling - Tweed Shire Council DA24/0610	8 Birnam Avenue, Banora Point NSW 2486	14 Dec 2024
Amendment to Development Consent DA22/0779 for alterations and additions to existing dwelling including deck and carport - Tweed Shire Council DA22/0779.01	10 Jarrah Place, Banora Point NSW 2486	21 Aug 2024
Additions to an existing dwelling including carport forward of building line - Tweed Shire Council DA24/0386	29 Durigan Place, Banora Point NSW 2486	06 Aug 2024
Alterations and additions to existing dwelling including carport within the front building line - Tweed Shire Council DA24/0355	1 Seaview Road, Banora Point NSW 2486	29 Jul 2024
Amendment to Development Application Consent DA23/0508 for alterations and additions to an existing dwelling including carport and shed - Tweed Shire Council DA23/0508.01	24 Laura Street, Banora Point NSW 2486	12 Jul 2024

Businesses (89)

Name	Address
Jaylyn Constructions	James Cook Dr, Banora Point NSW 2486, Australia
BANORA POINT FENCING
Banora Excavations	28 Curtawilla St, Banora Point NSW 2486, Australia
Wolfe’s Bobcat & Excavation	Shamrock Ave, Banora Point NSW 2486, Australia
High Tech Air and Electrical	28 Bordeaux Pl, Banora Point NSW 2486, Australia

Accommodation Options (3)

Name	Address
French Bliss Tours	12, Donegal Cct
Bupa Banora Point	18, Ballymore Ct
Bupa Banora Point	18, Ballymore Ct

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
18 Bosun Bvd	$1,550	5	3	2	27 Feb 2025
217 Terranora Rd	$1,700	4	3	5	25 Feb 2025
217 Terranora Rd	$1,700	4	3	5	25 Feb 2025
217 Terranora Rd	$1,700	4	3	5	25 Feb 2025
217 Terranora Rd	$1,700	4	3	5	25 Feb 2025

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
Unit 1, 7 Sequoia Ct	$900	3.0	2.0	2.0	24 Feb 2025
Unit 1, 7 Sequoia Ct	$900	3.0	2.0	2.0	24 Feb 2025
Unit 1, 7 Sequoia Ct	$900	3.0	2.0	2.0	24 Feb 2025
Unit 1, 7 Sequoia Ct	$900	3.0	2.0	2.0	24 Feb 2025
Unit 1, 7 Sequoia Ct	$900	3.0	2.0	2.0	24 Feb 2025

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
Unit 1, 65 Bimbadeen Ave	Price Withheld	3.0	2.0	1.0	10 Mar 2025	On Market
Unit 1, 65 Bimbadeen Ave	Price Withheld	3.0	2.0	1.0	10 Mar 2025	On Market
Unit 3, 5 Sedalia Pl	$925,000	3.0	2.0	2.0	26 Feb 2025	On Market
Unit 3, 5 Sedalia Pl	$925,000	3.0	2.0	2.0	26 Feb 2025	On Market
Unit 3, 5 Sedalia Pl	$925,000	3.0	2.0	2.0	26 Feb 2025	On Market