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 › Inverness Ct
$1,200,000
Last sold
5 Dec 2025
3
Bedrooms
1
Bathrooms
3
Car spaces
751 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
Last sold
$1,200,000
5 Dec 2025 · derived via latest_sale
Local land rate: recorded House sales in Banora Point (last 5 years) with land size have a median of $1,799/m² of land (n=82). Districts calculation from recorded sales — not a valuation.
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
-10.2%
Median sale
Suburb $1,336,500
+0.38 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
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 Tate Brownlee Real EstateNestled in a quiet cul-de-sac on a generous 751 m² flat block, this residence is more than just a home - it's a fresh beginning waiting to unfold. Welcome to 24 Inverness Court.
Every inch of this home has been thoughtfully transformed - fully renovated from top to bottom, blending contemporary style with everyday comfort. Inside, you'll find three spacious bedrooms, each freshly updated with soft finishes and filled with natural light, creating peaceful retreats for rest and relaxation. The modern bathroom continues the theme of refinement, featuring sleek fittings, a frameless glass shower, and a clean, neutral palette that feels calm and inviting.
The open-plan living and dining area flows seamlessly into the modern kitchen, offering a space that's both functional and social - perfect for family dinners or relaxed entertaining.
Outdoors is where the magic truly happens. Picture weekend afternoons spent around the sparkling in-ground swimming pool, with laughter and conversation spilling from the covered entertaining area. The flat, fully usable yard offers plenty of space for kids and pets to play, while the peaceful cul-de-sac setting ensures privacy, safety, and serenity.
Here in Banora Point-just a whisper of distance from the tranquil Tweed River, and only minutes from the golden beaches and vibrant energy of the Gold Coast-you'll discover a true balance of peace and opportunity. With lush green spaces, top-tier schools, and the coastal lifestyle at your fingertips, it's no wonder families and retirees alike are drawn to the area.
@ Tate Brownlee Real Estate, we open the doors to your future!
Key features:
• 751m2 block, spacious and flat
• Linen room with ample bench space
• Multipurpose room/Garage
• Tiled throughout
• Large main bathroom
• In-ground swimming pool - your private resort, right in your backyard.
• Cul-de-sac location
• Split-system air-conditioning in living room
• Covered outdoor entertaining area
• 16 minutes to Coolangatta Beaches
• 15 minutes to Gold Coast International Airport
• 11 minutes to Tweed City Shopping Centre
• 4 minutes to Tweed Heights Shopping Village with IGA, cafes and restaurants
Disclosure – Garage:
The garage has been converted into a multipurpose room and does not include a garage door.
DISCLAIMER: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.
Listing description written by Tate Brownlee, Tate Brownlee Real Estate — reproduced as published, not verified by Districts.