OFF MARKET

1/2 Cedar Ridge
Banora Point NSW 2486

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 115m2
Land area: 835m2
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Last updated 30 Sep 2024
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Property Details for 1/2 Cedar Rdge, Banora Point

1/2 Cedar Rdge, Banora Point is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 835m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Year Built
1990
Floor Size
115m2
Land Size
835m2
Local Government
Tweed
Lot/Plan
1/SP47454

Last Listing description (August 2022)

This duplex feels more like a house with its side-by-side frontage. Located in a quiet street and ready to move in today Welcome to 1/2 Cedar Ridge.

The home has been freshly painted and offers spacious living with comfortable size kitchen. All three bedrooms are of good size with the master offering an ensuite. One of the bedrooms has direct access to the backyard. The yard is quite large and has an undercover outdoor area plus garden shed. This property has a feeling of home a place to unwind and enjoy its privacy and quiet location. This is the perfect duplex to move straight into we look forward to accommodating your inspection.

@ Tate Brownlee Real Estate We Open Doors To Your Future!

Potential rental yield $680-$710
Spacious carpeted lounge room
Ceiling fans throughout
Freshly painted
Tiled dining room adjacent to the kitchen, opens out to the side for access to the rear yard
Kitchen with ample bench and storage space
Undercover outdoor area
Fully fenced yard with a garden shed
Single lock up garage with internal access
Close to local Banora Point schools, shops and public transport.

DISCLAIMER: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.

** Attention Clients: Due to the current COVID-19 pandemic we are here to ensure the safety and health of our buyers, sellers & tenants. Social distancing will be applied upon any inspections and we will run through a list of questions and rules before entering the home.

Property History for 1/2 Cedar Rdge, Banora Point, NSW 2486

A timeline of how this property has performed in the market
Last Sold
$635,000
21 Jul 2022
Listed for Rent
$485/w
20 Nov 2019
  • 21 Jul 2022
    Sold for $635,000
  • 05 Jul 2022
    Listed for Sale Price Guide $635,000-$670,000
  • 01 Oct 2019
    Listed for Rent - Price not available
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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 8,197 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 57 properties listed for sale, and 10 properties listed for rent in Banora point on OnTheHouse. According to CoreLogic's data, 363 properties were sold in the past 12 months in Banora point.

Suburb Insights for Banora Point 2486

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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.