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 › Summit Dr
$1,360,000
Last sold
16 May 2026
6
Bedrooms
2
Bathrooms
2
Car spaces
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
Last sold
$1,360,000
16 May 2026 · derived via latest_sale
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
+1.8%
Median sale
Suburb $1,336,500
-0.06 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.
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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. 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
UnknownArea
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 RBR Property Consultants RentalsThis welcoming family home offers a great opportunity to secure a spacious and versatile property in a quiet & exclusive neighbourhood. Elevated to enjoy a peaceful outlook, it combines comfort and convenience with easy access to the river & local amenities.
Set in a family friendly area close to schools, shops, and everyday essentials, the home provides a relaxed and practical lifestyle. With multiple living areas and inviting outdoor spaces, it's ideal for both everyday living and entertaining.
This home offers great dual living potential, ideal for extended family, guests or extra income. With separate entries to each level, both spaces can be used independently while still allowing the option to enjoy the home as one with plenty of parking space. The layout provides a good balance of privacy and flexibility to suit a range of living needs.
FEATURES
Downstairs
- Spacious gym or additional living area with air conditioning
- Separate bathroom and toilet for added convenience
- Additional living space with ample storage
- Three well sized bedrooms
- Ceiling fans throughout the home
Upstairs
- Light-filled living area with air conditioning
- Open-plan kitchen with great functionality
- Main bedroom with air conditioning
- Bathroom with separate toilet
- Hallway storage
- Ceiling fans throughout
Outdoor Features
- Covered back deck flowing to the garden - perfect for relaxing or entertaining
- Established vegetable garden & chicken coop for sustainable living
- Low maintenance astro turf yard
- Side storage area, utility area & parking bays
THE FINER DETAILS
Zone: Low Density Residential
Year Built: 1995
Rental Appraisal: $1,300 - $1,350 per week approx
Rates: $3,105.90 annually approx
Water: $391.41 quarterly approx
WHERE TO FROM HERE
450m to Barneys Point, Tweed River
1.7km to Banora Point Primary School
3km to Banora Shopping Village with supermarket, bottleshop, chemist,
2.9 km to Club Banora Golf Club
4 km to Tweed City Shopping Centre
4.3 km to Centaur Primary School, St James Primary & St Joseph's College
4.4km to Dreamtime Beach, Fingal Head
4.8 km to Chinderah Tavern
5.4km to Kingscliff Beach
6.1km to Fingal Boat Ramp
7.4km to Kingscliff
8.5km to Coolangatta International Airport
35km to Surfers Paradise
107 km to Brisbane
A versatile home in a quality location, 2 Summit Drive presents the perfect blend of space, comfort, and lifestyle.
Contact Lenny McLennan on 0417 604 038 or Seamus Orr on 0476 828 746 for more information, this home will not last long!
DISCLAIMER
This property is being sold by auction and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
The information relating to this property has been obtained by a third party source, which is believed to be accurate and reliable. RBR Property Consultants has taken every care to ensure this information is as reliable and accurate as possible, but may be subject to errors and omissions. RBR gives no guarantee that this information is 100% correct and it is recommended that you consult an advisor to verify any information for any properties.
Listing description written by Lenny McLennan, RBR Property Consultants Rentals — reproduced as published, not verified by Districts.
NSW 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.