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 › Avondale Dr
$1,200,000
For sale
Asking
5
Bedrooms
2
Bathrooms
1
Car spaces
638 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
$1,200,000
Asking · $1,881/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
-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.
$52,279 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.
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 3.7%. 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 First National Real Estate Banora PointWelcome to 59 Avondale Drive, Banora Point — a spacious and well-positioned family home offering an exciting opportunity for those looking to roll up their sleeves, add some TLC and create something truly their own.
Set on a generous 640m² level parcel in a tightly held pocket of Banora Point, this substantial five-bedroom home is perfectly liveable in its current condition, while offering plenty of scope for cosmetic updates and modernisation. With good bones, generous proportions and a practical layout already in place, it provides the ideal starting point for buyers looking to refresh, renovate and add value over time.
The home offers five bedrooms, two bathrooms and multiple living areas, providing plenty of space for a growing family. While some areas have already received updates, there is clear potential to continue modernising the home and bring a fresh, contemporary feel throughout. New carpets, updated finishes and some thoughtful cosmetic improvements could make a significant difference, allowing the next owner to transform the home according to their own style and budget.
At the centre of the home, the kitchen has been updated with modern finishes, quality appliances and ample storage, creating a practical space that connects easily with the main living and dining areas. A second living zone provides valuable additional space and could comfortably serve as a media room, children's retreat or relaxed family area.
Accommodation is generous, with five well-proportioned bedrooms. The master suite includes a walk-in wardrobe and updated ensuite, while the centrally positioned main bathroom services the remaining bedrooms and living areas.
Outside, the level, fully fenced 640m² backyard provides plenty of room for children and pets, with scope to further enhance the outdoor spaces as your plans evolve. The covered entertaining area provides a great foundation for alfresco dining and weekend gatherings, while the generous yard offers plenty of opportunity for landscaping, entertaining or simply enjoying the space.
Practicality is well catered for, with ample off-street parking and a gated carport providing convenient drive-through access to the backyard. Additional features include a combustion fireplace for cosy winter evenings, a garden shed for extra storage and 15 solar panels to help improve energy efficiency and reduce ongoing power costs.
What makes this opportunity particularly appealing is the combination of space, land, location and potential. Rather than paying a premium for someone else's renovations, buyers have the opportunity to take a solid, functional home and gradually transform it into something that reflects their own taste and lifestyle.
Positioned close to local schools, parklands, sporting facilities, Club Banora, Banora Village Shopping Centre and Tweed City, everyday convenience is right at your fingertips. The beaches and lifestyle attractions of the Tweed Coast and southern Gold Coast are also within easy reach, including Coolangatta, Kingscliff and the surrounding coastal destinations.
For those who travel, Gold Coast Airport is less than ten minutes away, while Tweed Coolangatta Golf Course and an abundance of recreational opportunities are also close by.
Whether you're a first home buyer looking for a home with room to improve, a family wanting space and a great backyard, an investor seeking a solid property with future upside, or a renovator looking for your next project, 59 Avondale Drive offers an exciting opportunity to secure a substantial home in a highly desirable location.
The home is comfortable and liveable today, with plenty of potential to become something even better tomorrow!
Listing description written by Andy Wilson, First National Real Estate Banora Point — reproduced as published, not verified by Districts.