Banora Point at a glance
16,870
People
$1,336,500
Median sale
$859/wk
Median rent
3.34%
Suburb gross yield
Median sale from 109 recorded sales (last 12 months) — a Districts calculation.
NSW › Banora Point › Grassmere Ct
$1,520,000
For sale
Asking
4
Bedrooms
2
Bathrooms
3
Car spaces
1,286 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$1,520,000
Asking · $1,182/m² of land
No recorded sale for this property.
Banora Point at a glance
16,870
People
$1,336,500
Median sale
$859/wk
Median rent
3.34%
Suburb gross yield
Median sale from 109 recorded sales (last 12 months) — a Districts calculation.
Vs Banora Point
+13.7%
Median sale
Suburb $1,336,500
-0.40 pp
Gross yield
Suburb 3.34%
Suburb median $1,336,500 from 109 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$69,479 on top of the price (4.6% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Banora Point's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $859/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 2.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Banora Point at a glance
16,870
People
$1,336,500
Median sale
$859/wk
Median rent
3.34%
Suburb gross yield
Median sale from 109 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts Property HubWelcome to 17 Grassmere Court, Banora Point—a spacious family residence offering privacy, versatility and relaxed resort-style living on an exceptional 1,286m² block. Motivated vendors.
Designed with growing families in mind, the home features multiple living and entertaining zones, including a generous sunken lounge, separate family room and dedicated dining area. At the heart of the home is a well-appointed kitchen featuring 30mm stone benchtops, 2-pack cabinetry, a double sink, wall oven and cooktop, and ample storage and preparation space.
The flexible floor plan offers four bedrooms, including a privately positioned master suite complete with a walk-in robe and spacious ensuite. The additional bedrooms include built-in storage, while one is ideally suited as a home office, study or guest room.
Step outside and discover your own private tropical retreat. Lush landscaped gardens surround the resort style saltwater swimming pool, while multiple covered entertaining areas—including a Balinese-style pavilion—provide the perfect setting for year-round dining, relaxing and entertaining.
Additional features include security screens, roof insulation, split-system air conditioning, ceiling fans. A double garage and generous outdoor space complete this outstanding family package.
Property highlights:
• Expansive 1,286m² block in a quiet Banora Point cul-de-sac
• Four bedrooms, including a private master suite with walk-in robe and ensuite
• Multiple living zones, including a sunken lounge and family room
• Spacious kitchen with stone benchtops, 2-pack cabinetry
• Saltwater swimming pool
• Landscaped tropical gardens and Balinese-style entertaining pavilion
• Multiple covered outdoor entertaining areas
• Split-system air conditioning and ceiling fans
• Security screens, roof insulation and ducted vacuuming
• Enclosed outdoor patio for all season midge free entertaining.
• Remote double garage with internal access
Rental appraisal $1350-$1450PW
Homes offering this much space, versatility and lifestyle are always in high demand. Inspect 17 Grassmere Court and discover why this could be the family home you have been waiting for.
There is so much more to this fantastic family home, you simply must come and check it out for yourselves. Feel free to come to the scheduled open inspections, CALL for a private inspection- qualified buyers only. Homes like this do not last long. Please leave your best contact number when making any enquiry.
Conveniently located within a short drive to the local IGA shopping centre, Club Banora and easy access onto the M1 and over to Tweed City Shopping Centre.
- 5 minutes to Centaur primary school, Banora high school, St James and St Josephs schools
- 6 minutes to Bunnings, Harvey Norman and other major retail outlets
- 8 minutes to Dry Dock Road Boat ramp
- 10 minutes to Coolangatta beaches, cafe's, restaurants, entertainment and Gold Coast
International Airport
- 10 minutes to Kingscliff and Fingal Head boat ramp
- 14 minutes to Husk and Tumbulgum
- 17 minutes to Cabarita
- 28 minutes to Murwillumbah
- 45 minutes to Byron Bay
- 90 minutes to Brisbane
There is a 3D walk-through/ virtual tour available upon request
The successful buyer will be responsible for the building and pest reports
Disclaimer:
We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
* denotes approximate measurements.
Listing description written by Paul Sheehan, Harcourts Property Hub — reproduced as published, not verified by Districts.