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 › Terranora Rd
$1,850,000
Last sold
14 June 2026
5
Bedrooms
2
Bathrooms
6
Car spaces
8,460 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
$1,850,000
14 June 2026 · 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
+38.4%
Median sale
Suburb $1,336,500
-0.93 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 Kingscliff Sales and RentalsLocated on an elevated 8460m2 parcel of land (just over 2 acres) in Banora Point is this original and spacious family residence offering distant panoramic views over Banora Point and ocean views north towards Coolangatta and the Gold Coast
When driving into the property you are enveloped by a canopy of established trees before the original single level house is revealed and situated at a particular location to capture the best views. From the highest point the property is generally level and the land gently slopes down toward the street.
This property is a blank canvas ready for renovation and the floor plan inside is spacious with separate formal lounge and dining, meals area, formal entry, kitchen with walk in pantry, main bedroom with possible conversion to a granny flat with its own bathroom and entrance at one end of the property, and in the other end of the house are 4 other bedrooms and study.
This home features multiple living areas, perfect for entertaining guests or simply relaxing with the family. With 5 bedrooms plus study and two bathrooms, a double garage plus a concreted area for another 6 cars or parking for Caravan or Boat, there is plenty of space for everyone. There is a very easy conversion that can be done to achieve a dual living property due to the layout of the main bedroom having its own bathroom and separate entrance, with a formal lounge adjacent which opens up a world of possibilities with teenager or in-law accommodation.
Step outside to discover a tranquil outdoor space, ideal for enjoying the stunning views and fresh air and to the rear of the property you may think you are in another world. Whether its creating your own hobby farm, or the want to keep a horse or should you need abundant space for a growing family with plenty of room for the largest of sheds or a pool while still being conveniently close to schools, shops, and amenities.
Don't miss this opportunity to purchase one of the few blocks available of this size in this area, let alone in Banora Point.
Please note property is tenanted and currently a month to month tenancy at $835pw and tenants in place since 2020. Furthermore the internal photos were taken prior to tenancy to respect the tenants privacy, and furniture shown in imagery is virtual furniture.
Council Rates $3928 per annum
Contact Exclusive Listing David Preston on 0407127999 for full details
Listing description written by David Preston, Kingscliff Sales and Rentals — reproduced as published, not verified by Districts.