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 › The Parapet
$2,635,000
Last sold
17 Feb 2026
5
Bedrooms
3
Bathrooms
6
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
$2,635,000
17 Feb 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
+97.2%
Median sale
Suburb $1,336,500
-1.64 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 EstateA truly magnificent lifestyle estate where timeless craftsmanship, serene privacy, and natural beauty come together in one of Banora Point's most tightly held enclaves. Welcome to 3 The Parapet.
Built in 1990, this remarkable architectural residence was designed and constructed as the master builders forever home - a dream brought to life from the ground up. From the moment they purchased the land, they envisioned something special: a private sanctuary where every corner felt purposeful, welcoming, and enduring. That vision is evident throughout the property, with a level of care and pride of ownership that can only come from decades of genuine love and stewardship.
Set on an expansive 4,898m² parcel, the home is surrounded by lush, established gardens that create a breathtaking sense of arrival. The grounds are nothing short of extraordinary - with towering trees, flowering greenery, and an impressive variety of fruit trees, all lovingly planted by hand by the owners themselves. True botanical haven filled with the Ulysses butterfly and local wildlife, this property feels like your own private botanical retreat, offering beauty, tranquility, and space in every direction.
From the moment you step through the downstairs double-door entrance and welcoming foyer, you'll immediately feel the scale and warmth of this exceptional home. Inside, the residence continues to impress with its generous proportions and thoughtful layout, perfectly suited to families, and multigenerational families alike.
The home offers five bedrooms plus a separate downstairs private guest quarter, ideal for extended family, visitors, a home office, or even a teen retreat. The guest quarters include its own shower, external entry, and fantastic separation from the main living zones, making it the perfect dual living possibility.
Upstairs, the home showcases stunning architectural detail, including a grand formal lounge with an impressive 5.2m raked ceiling, while the remainder of the upper-level features 3.1m high ceilings, enhancing the sense of space, light, and elegance throughout.
A spacious kitchen sits at the heart of the home, designed to comfortably cater to family life and entertainment.
The master suite is truly oversized, providing a peaceful retreat with a walk-in robe and private ensuite - the perfect space to unwind at the end of the day. The additional bedrooms are spacious and well-proportioned, perfectly suited to family living and designed to comfortably host guests, all while maintaining the home's grand scale and timeless character.
Step outside and enjoy effortless entertainment with a covered rear BBQ area, framed by tranquil gardens and the ultimate sense of privacy. Adding to the allure are beautiful ocean views, offering a daily reminder of just how close you are to the coastline, while still enjoying the peace and exclusivity of this remarkable estate setting.
With the added benefit of Fibre NBN, this home offers the perfect blend of lifestyle, space, and modern convenience.
This is not simply a home - it's a legacy property. A rare opportunity to secure an estate of this calibre, where lifestyle, land, and luxury align beautifully.
@ Tate Brownlee Real Estate, we open the doors to your future!
Key Features:
• Prestigious and sought after street
• Built in 1990
• Expansive 4,898m² estate parcel
• Lush, beautifully established gardens and grounds
• Owners planted all trees by hand, including a multitude of fruit trees
• Underhouse workshop
• Ocean views
• Downstairs double-door entrance with foyer
• 5 bedrooms plus separate downstairs guest quarters
• Guest quarters include shower and external entry
• Spacious kitchen
• Grand formal lounge with 5.2m raked ceiling
• 3.1m high ceilings throughout the rest of the top floor
• Huge master suite with walk-in robe and ensuite
• Covered rear BBQ area
• Additional toilet located in the garage for added convenience
• Fibre NBN
• A rare lifestyle offering in sought-after Banora Point
• 5-minute drive to Banora Point Shopping Village
• 8-minute drive to Tweed City Shopping Centre
• 15-minute drive to Kingscliff beaches and cafes
• 15-minute drive to Kirra beaches
• 20-minute drive to Gold Coast International Airport
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.