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 › Castlecrag Ave
$1,330,000–$1,395,000
For sale
Asking range
4
Bedrooms
2
Bathrooms
4
Car spaces
701 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
Asking
$1,330,000–$1,395,000
Asking range · $1,897/m² of land
No recorded sale for this property.
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
-0.5%
Median sale
Suburb $1,336,500
+0.02 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.
Based on the low end of the asking range, not a contract price.
$59,029 on top of the price (4.4% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Banora Point's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 3.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Harcourts Property HubPerfectly positioned in a peaceful and family-friendly pocket of Banora Point, this well-designed single-level residence offers a practical floor plan, generous living spaces, and effortless indoor-outdoor living.
Spanning approximately 202sqm of internal living space, the home features four bedrooms, two bathrooms, and multiple living zones designed to accommodate modern family lifestyles.
The master suite is privately positioned at the rear of the home and includes a built-in robe and ensuite, creating a comfortable retreat away from the remaining bedrooms. All four bedrooms are equipped with ceiling fans and are serviced by ducted air conditioning throughout the home, ensuring year-round comfort throughout the seasons. Bedrooms two and three are generously sized with built-in robes, while the fourth bedroom offers flexibility as a guest room, children's bedroom, or home office.
At the heart of the home, the spacious recently renovated kitchen overlooks the open plan dining area, creating the perfect hub for family gatherings and entertaining. Flowing seamlessly from the kitchen and dining space is a separate lounge room, providing an additional living area for relaxation or movie nights.
A standout feature is the expansive covered outdoor entertaining area measuring approximately 53sqm, offering ample space for year-round entertaining, family barbecues, and outdoor dining. The generous backyard also presents potential for future enhancements, including the addition of a swimming pool (STCA).
Elevated within one of Banora Point's most desirable locations, the property enjoys the potential to capture sweeping outlooks across the Tweed Coast and beyond to the iconic Surfers Paradise skyline. Whether relaxing with your morning coffee or entertaining guests in the evening, the ever-changing coastal backdrop provides a stunning setting and a true sense of lifestyle.
Additional Features
• Four spacious bedrooms with ceiling fans
• Ducted air conditioning throughout the home
• Master suite with built-in robe and ensuite
• Two bathrooms plus separate toilet
• Separate lounge room and open-plan kitchen/dining area
• Functional kitchen with excellent connection to indoor and outdoor living
• Expansive covered outdoor entertaining area (approximately 53sqm)
• Remote double lock-up garage
• Separate laundry
• Single-level design ideal for families, retirees and investors
• Approximately 202sqm of internal living space
• Room for a swimming pool (STCA)
Unbeatable Convenience
Enjoy the perfect balance of tranquillity and accessibility, with everyday amenities, schools, beaches, shopping and lifestyle destinations all within easy reach:
• Club Banora, local shops, service station, medical centre, chemist, dentist and fast-food outlets – approximately 2km (3 minutes)
• Banora Village Shopping Centre (IGA, cafés and specialty stores) – approximately 2.5km (4 minutes)
• Tweed City Shopping Centre, Hoyts Cinemas, Harvey Norman, Bunnings and major retailers – approximately 5km (7 minutes)
• Centaur Primary School and Banora Point High School – approximately 5km (7 minutes)
• Dry Dock Road Boat Ramp – approximately 6km (8 minutes)
• Fingal Head Boat Ramp – approximately 8km (11 minutes)
• Tweed Valley Hospital – approximately 10km (11 minutes)
• Coolangatta Beaches, cafés, restaurants and Gold Coast Airport – approximately 11-12km (13 minutes)
• Kingscliff Beaches, cafés and restaurants – approximately 12km (13 minutes)
• Tumbulgum Village, Husk Distillers and boat ramp – approximately 15km (14 minutes)
• Tweed Heads CBD – approximately 8km (10 minutes)
• Kirra Beach – approximately 12km (15 minutes)
• Rainbow Bay – approximately 13km (16 minutes)
• Snapper Rocks – approximately 14km (17 minutes)
• Casuarina Beach – approximately 18km (18 minutes)
• Pottsville Beach – approximately 30km (25 minutes)
• Murwillumbah – approximately 31km (27 minutes)
• Burleigh Heads – approximately 30km (30 minutes)
• Surfers Paradise – approximately 42km (35 minutes)
• Byron Bay – approximately 74km (42 minutes)
• Brisbane Airport – approximately 100km (75 minutes)
• Brisbane CBD – approximately 105km (95 minutes)
• * PLEASE LEAVE YOUR NAME AND BEST PHONE NUMBER WHEN MAKING ANY ENQUIRY
• THERE IS A 3D WALK THROUGH TOUR AVAILABLE ON REQUEST
• The successful buyer will be responsible for their own pest and building inspection reports
• There is still scope to add your personal touch
*** Some images have been virtually styled using AI-generated furnishings and décor. These images are provided for illustrative purposes only and may not reflect the property's current presentation.
Feel free to come to the scheduled open homes or call for a private inspection (qualified buyers only)
Disclaimer:
We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
* denotes approximate measurements.
Listing description written by Paul Sheehan, Harcourts Property Hub — reproduced as published, not verified by Districts.