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 › Balmoral Walk Wanda Ct
$1,150,000–$1,200,000
For sale
Asking range
3
Bedrooms
2
Bathrooms
2
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
Asking
$1,150,000–$1,200,000
Asking range
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
-14.0%
Median sale
Suburb $1,336,500
+0.54 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.
$50,029 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 3.9%. 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 HubPositioned at the end of a quiet private driveway within an exclusive enclave of just nine freestanding/ stand alone homes (this is not a complex), this beautifully maintained single-level residence offers the perfect blend of privacy, comfort and convenience. Surrounded by established gardens and designed for effortless living, this home is ideal for retirees, downsizers, first-home buyers or investors seeking a quality property in a peaceful setting.
Lovingly cared for and presented in excellent condition, the home is ready for its next owner to simply move in and enjoy. The sellers have given clear instructions.
Features You'll Love:
Spacious master bedroom featuring ensuite, walk-in robe, air-conditioning and ceiling fan
Well-appointed kitchen with pantry, wall oven and grill, gas cooktop, rangehood, dishwasher, microwave nook, breakfast bar, wine rack, double sink and generous bench and cupboard space
Light-filled open plan living and dining areas with quality carpet, ceiling fan and seamless access to the covered outdoor entertaining areas
Two additional generously sized bedrooms with built-in robes and ceiling fans
Main bathroom with separate shower, bath and vanity
Two covered outdoor entertaining areas perfect for relaxing or hosting family and friends
Remote double lock-up garage
Oversized laundry with direct access to the clothesline
Two linen cupboards providing excellent storage
Visitor parking nearby
Low-maintenance gardens and easy-care lifestyle
Community title fees under $5 per week
Rates approximately $2,890.50 per annum (before any applicable pensioner discounts)
Rental appraisal: approximately $900–$950 per week
Lifestyle & Location
Enjoy a peaceful lifestyle in one of Banora Point's most convenient locations. The picturesque lake is just a flat walk of 1.1km and less than 5 minutes away, making morning walks and afternoon relaxation a daily pleasure.
Everything you need is close at hand, including shopping centres, medical facilities, cafes, restaurants, Club Banora, golf courses, lawn bowls, tennis courts and much more.
Conveniently Located:
2 minutes to local shopping centre, golf course, bowls club, tennis courts and schools
5 minutes to Bunnings, Harvey Norman, Petbarn and major retailers
6 minutes to Tweed City Shopping Centre
10 minutes to Coolangatta Beach, cafes, restaurants, Tweed Hospital and Gold Coast Airport
12 minutes to Kingscliff Beach and Fingal Head Lighthouse
45 minutes to Byron Bay
90 minutes to Brisbane
Properties offering this level of privacy, presentation and convenience are becoming increasingly difficult to find. Whether you're looking to downsize without compromise, secure a quality investment or enjoy a relaxed lifestyle in a highly sought-after location, this home deserves your inspection.
Private inspections are available by appointment for qualified buyers.
Please leave your best contact number when making any enquiry
Access: Turn left into Balmoral Walk and proceed to the end of the driveway
3D walk through available upon request
For further information or to arrange your inspection, please contact Paul Sheehan.
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.
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