Powered by MOMENTUM MEDIA
Banora Point
AREA REPORTS

Banora Point

Banora Point - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2486

house
unit

Based on its average 5-year and quarterly capital gains BANORA POINT, 2486 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that BANORA POINT, 2486 obtained a 5.22% growth over a ten-year period. It ranks 1951st on our list of suburbs that property investors should look into.

BANORA POINT, 2486 in NSW belongs to the local government area of Tweed (A).

BANORA POINT, 2486 has a capital gain of 18.39% for the past year, which is higher than average compared to its 42.86% growth within a five-year period.

With the median home price in BANORA POINT sitting at $750,000, and the average rent at $650, property owners could potentially earn a 4.51% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in BANORA POINT are low, as opposed to average gains per annum over the past five years.

Data report can be found below

Banora Point
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $750,000 $520,250
GROWTH REPORT
Median Quarterly 6.19% 7.94%
Median 12 month 18.39% 17.97%
Median 3 years 22.95% 25.36%
Median 5 years 42.86% 46.55%
10 years average annual 5.22% 4.26%
Weekly media advert. rent $650 $477.5
Time on Market 44.0 days 37.5 days
Gross Rental Yield Percent 4.51% 4.77%
demographics (median values)*
Total Population
31594
Weekly Household Income
1069
Household Size
2.40
Age
48
Monthly Loan Repayment
1733
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.