Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

NSW › Banora Point › Cominan Ave

44 Cominan Ave, Banora Point NSW 2486

For saleHouse for Sale

$1,250,000–$1,320,000

For sale

Asking range

3

Bedrooms

3

Bathrooms

4

Car spaces

629 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,250,000–$1,320,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,250,000–$1,320,000(Listing record · 6 Aug 2026)
  • FactLand 629 m²; no building size recorded.(Property record)
  • CalculationAsk is 6% below the Banora Point median recorded sale ($1,336,500, n=109, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Banora Point's advertised median rent ($859/wk), implied gross yield would be 3.57% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,250,000–$1,320,000

Asking range · $1,987/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.

See the full Banora Point report →

Vs Banora Point

-6.5%

Median sale

Suburb $1,336,500

+0.23 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.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,250,000
Stamp Duty (New South Wales)
$50,762
Transfer/Registration Fee
$167
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,304,629

$54,629 on top of the price (4.4% extra)

  • Stamp Duty (New South Wales)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

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.

Net yield
2.07%
Annual cashflow (pre-tax)
$-39,082
Interest cover (DSCR)
0.40
Annual rent
$44,668
Operating expenses
$18,750
Loan amount
$1,000,000
Annual interest
$65,000
Gross yield
3.57%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,250,000–$1,320,000available6 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.6%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Banora Point in one glance

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.

See the full Banora Point report →

Keep researching

  • Why Banora Point? Read the area thesis →
  • What else is on the market in Banora Point →
  • Other records on Cominan Ave →

Listing material

Listed by Harcourts Property Hub

Renovated Family Living, Elevated Views and a Sparkling Pool

Beautifully updated and ready to enjoy, this inviting family home combines modern renovations, spacious living and impressive views stretching across Banora Point to Bilambil and beyond.

Recent improvements to the kitchen, ensuite, main bathroom, laundry, flooring, plantation shutters, ducted air-conditioning have given the home a fresh, contemporary feel, while soaring raked ceilings create a wonderful sense of light and space throughout the main living areas.

Step outside onto the front deck and take in the beautiful outlook or relax beside the inground saltwater pool—perfect for entertaining family and friends throughout the warmer months.

Read the full description

Positioned in a family-friendly street within walking distance of Banora Point Public School and a local childcare centre, this is a home that offers comfort, convenience and a relaxed lifestyle.

Property highlights include:

• Beautiful, elevated views across Banora Point to Bilambil and beyond

• Inground saltwater swimming pool

• Renovated kitchen with electric cooktop, wall oven and excellent island bench and cupboard space

• Master bedroom with built-in robes and renovated ensuite

• Renovated main bathroom with separate deep bath, separate shower and double vanity

• Two more comfortable bedrooms, with built-in robes and ceiling fans

• High raked ceilings throughout the lounge, kitchen and dining areas

• Front deck capturing the beautiful outlook

• Stylishly renovated internal laundry

• Double lock-up garage with internal access

• Additional shower, toilet and vanity downstairs within the garage area

• Linen press and excellent storage

• Established mango, lemon, avocado and mulberry trees

• Solar panels to help reduce energy costs

• Council rates approximately $3100.80 per annum

Don't miss the opportunity to secure this beautifully updated family home. Attend the scheduled open home or contact us today to arrange your private inspection.

The location is very convenient - Short Walk to Banora Point Primary School

- 1 Minute or so to Early Learning Centres / Daycares

- 2 Minutes to Banora Central Shopping Centre and juniors football club.

- 3 minutes to Club Banora and Woolworths shopping centre

- 5 minutes to St Josephs and St James College.

- 5 minutes to Bunnings, Harvey Norman and other specialty shops

- 6 minutes to north Kingscliff Beach dog off leash area

- 7 minutes to Tweed City Shopping Centre

- 8 minutes to Pacific Coast Christian school

- 9 minutes to the boat ramp on Dry Dock Road

- 12 minutes to Gold Coast International Airport, beaches, cafe's restaurants, movies, shopping - 15 minutes to Kingscliff and Fingal Head

- 45 minutes to Surfers Paradise and Byron Bay

- 90 minutes to Brisbane City

Don't let this opportunity slip away, come to the scheduled open homes or call for a private inspection (qualified buyers only) and see for yourself why this home is the perfect choice for you! Properties like this do not last long!

* PLEASE LEAVE YOUR NAME AND BEST PHONE NUMBER WHEN MAKING ANY ENQUIRY

There is a virtual tour available upon request

AI/virtual furniture has been used for marketing purposes

Successful buyers will be responsible for their own building and pest inspection reports

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.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ensuites: 1
  • Living Areas: 1
  • Outdoor Entertaining
  • In-Ground Pool
  • Remote Garage
  • Solar Panels
  • Toilets: 3
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.