SOLD
RECENT ADVICE
Sold on 14 Aug 2024 for $622,500

9/7 Advocate Place
Banora Point NSW 2486

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 9/7 Advocate Pl, Banora Point

9/7 Advocate Pl, Banora Point is a 2 bedroom, 1 bathroom Villa with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Villa sold in Banora Point in the last 12 months.

Building Type
Villa
Local Government
Tweed
Lot/Plan
9/SP48027

Last Listing description (August 2024)

Nestled within a well-kept complex, this charming two-bedroom unit presents a fantastic opportunity for first home buyers and investors alike. Conveniently located in a quiet street and within walking distance to Banora Shopping Village, Club Banora and a short drive to local schools and Tweed City shops.

The generously sized living area provides a welcoming space for relaxation and entertainment. The kitchen does not disappoint, offering ample space for culinary exploration, equipped with a wall oven and a designated microwave cavity. Outside, the fully fenced private courtyard beckons for outdoor living and entertainment, an ideal spot for a quiet morning coffee or a spot of gardening.

Each bedroom boasts built-in robes and fans, ensuring comfort and convenience for all occupants. The main bathroom is thoughtfully designed with a two-way access and includes a bath, perfect for unwinding after a long day.

The separate laundry area adds to the functionality of this delightful home, and parking is a breeze with a single remote-controlled garage that offers the added advantage of internal access, ensuring security and convenience.

Positioned at the rear of the complex, this unit promises a serene and private lifestyle, while still being within easy reach of local amenities and is only 10 minutes to Coolangatta's pristine beach, the Gold Coast International Airport and has easy access to the M1. It's a rare gem that balances comfort with potential for capital growth, making it a smart choice for those looking to step onto the property ladder or expand their investment portfolio.

Property History for 9/7 Advocate Pl, Banora Point, NSW 2486

A timeline of how this property has performed in the market
Last Sold
$622,500
14 Aug 2024
  • 14 Aug 2024
    Sold for $622,500
  • 22 Jul 2024
    Listed for Sale $650,000
  • 15 Dec 2017
    Sold for $355,000
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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 8,205 properties. Over the last 5 years, Houses in Banora Point have seen a 79.15% increase in median value, while Units have seen a 74.41% increase. As at 31 July 2024:

  • The median value for Houses in Banora Point is $1,027,650 while the median value for Units is $728,358.
  • Houses have a median rent of $850 while Units have a median rent of $700.
There are currently 51 properties listed for sale, and 8 properties listed for rent in Banora point on OnTheHouse. According to CoreLogic's data, 365 properties were sold in the past 12 months in Banora point.

Suburb Insights for Banora Point 2486

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Jason Abbott
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PRD Coolangatta & Tweed
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.