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 › Covent Gardens Way
$1,200,000
Last sold
27 Nov 2025
3
Bedrooms
2
Bathrooms
4
Car spaces
685 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
27 Nov 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 RBR Property Consultants RentalsOPEN HOME THURSDAY 20TH NOV- 3PM NSW DST
Step inside this beautifully presented three bedroom, two bathroom home designed for easy living and modern comfort. With a seamless flow from the open plan living and dining area to the spacious outdoor patio, this home offers the perfect setting for relaxing or entertaining. Polished concrete flooring adds a contemporary edge, while multiple air conditioned rooms ensure year-round comfort. The well equipped kitchen features an electric cooktop, dishwasher, and ample bench space, overlooking the light filled living area and backyard. All bedrooms are fitted with ceiling fans and air conditioning, while the master suite boasts a walk-in robe and ensuite, providing a private retreat.
Beyond the home, the lifestyle on offer is truly special. Enjoy quiet afternoons in your fully fenced backyard, ideal for kids, pets, or adding a future pool (SCA). With side access and parking for four cars - including a double remote garage and double carport - there's plenty of space for a boat, caravan, or trailer. Set in a family friendly area close to shops, schools, and parks, this property combines a family focused lifestyle with unmatched convenience and easy access to everything you need.
PROPERTY FEATURES
- Master bedroom with walk-in robe, ensuite, air conditioning and ceiling fan
- Two additional bedrooms with build in robes, air conditioning and ceiling fans
- Open-plan living and dining area with air conditioning
- Polished concrete flooring throughout
- Functional kitchen with dishwasher, electric appliances and ample bench space
- Large stacking sliding doors opening to rear entertaining area
- Generous rear covered entertaining area, perfect for hosting family and friends
- Separate laundry with internal garage access
- Double automatic garage plus extra oversized carport
- Fully fenced, grassy backyard with side access - room for a pool (SCA)
- Solar panes for energy efficiency
THE FINER DETAILS
Year Built: 2003
Rental Appraisal: $900 - $950 per week approx
Rates: $3,228.40 annually approx
Water: $137.00 per quarter approx
WHERE TO FROM HERE:
60m to Little Angels Preschool
350m to Banora High School & Centaur Primary School
450m Early Learning Centre Preschool
1.5km to St James Primary & St Joseph's High school
1km to the newly renovated Twin Towns Juniors Club
1km to Banora Central with Coles, Pharmacy, Café, Fish & chips
1.6km to Banora Shopping Village with restaurants, newsagent, pharmacy and dentist
2km to Tweed Heights shopping centre with IGA, cafes, restaurants & a bottle shop
1.4km to Kidz Biz
12 Minute Drive to Kingscliff Beach
14 Minute Drive to Husk Distillers
12 Minute Drive to Kirra Beach
10 Minute Drive to Southern Cross University
10 Minute Drive to Gold Coast International Airport
45 Minute Drive to Byron Bay
1.5 Hour Drive to Brisbane
Act fast! Contact Lenny McLennan on 0417 604 038 or Kylie Lowry on 0421 829 337 for more information, this home will not last long!
DISCLAIMER
This property is being sold without a price 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.
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