FOR SALE
$1,225,000 - $1,275,000

37 Elsie Street
Banora Point NSW 2486

Bedrooms: 6
Bathrooms: 4
Car spaces: 4
Land area: 722m2
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Large Duplex Pair in a Quiet Tranquil Setting

Rare Freehold Opportunity to Purchase Duplex Pair with no Strata Fees
Discover the rare opportunity to own two 3 bedroom duplexes located in the highly sought-after area of Banora Point.
Situated on a generous 722m2 block at the end of a quiet cul-de-sac, this presents an ideal investment opportunity or perfect for an extended family.
Held under a single title and producing a generous rental yield of $1,350 weekly.
Duplex #1
- Three bedrooms, each with built-in wardrobes and ceiling fans
- The master bedroom serviced with an ensuite
- Open plan living areas filled with natural light, comprising of dining room, lounge area, and a generously sized kitchen
- Tiled living spaces that extend seamlessly through sliding doors to private balcony, offering a serene, leafy outlook
- The bathroom is designed for convenience, featuring a separate toilet to enhance privacy
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Property Details for 37 Elsie St, Banora Point

37 Elsie St, Banora Point is a 6 bedroom, 4 bathroom House with 4 parking spaces. The property has a land size of 722m2. The place is currently for sale with Rainbow Bay Realty.

Building Type
House
Land Size
722m2

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About Banora Point 2486

The size of Banora Point is approximately 12.2 square kilometres. It has 21 parks covering nearly 7.8% of total area. The population of Banora Point in 2011 was 15,047 people. By 2016 the population was 16,173 showing a population growth of 7.5% in the area during that time. The predominant age group in Banora Point is 60-69 years. Households in Banora Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Banora Point work in a trades occupation. In 2011, 74.4% of the homes in Banora Point were owner-occupied compared with 75.2% in 2016.

Banora Point has 8,173 properties. Over the last 5 years, Houses in Banora Point have seen a 76.76% increase in median value, while Units have seen a 79.89% increase. As at 30 September 2024:

  • The median value for Houses in Banora Point is $1,042,037 while the median value for Units is $746,223.
  • Houses have a median rent of $850 while Units have a median rent of $700.
There are currently 56 properties listed for sale, and 10 properties listed for rent in Banora point on OnTheHouse. According to CoreLogic's data, 366 properties were sold in the past 12 months in Banora point.

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Lenny McLennan
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Tanae Spring
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Rainbow Bay Realty
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