OFF MARKET

1/24 Somerset Avenue
Banora Point NSW 2486

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 76m2
Land area: 881m2
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Property Details for 1/24 Somerset Ave, Banora Point

1/24 Somerset Ave, Banora Point is a 3 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 1988. The property has a land size of 881m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in April 2019.

Building Type
Unit
Year Built
1988
Floor Size
76m2
Land Size
881m2
Local Government
Tweed
Lot/Plan
1/SP33807

Last Listing description (May 2019)

Here are just some of the many benefits of living in such a wonderful proeprty* New carpet in the bedrooms* freshly painted throughout* Separate titles so no body corp or common property* Ocean views from the patio area* Covered outdoor area perfect for entertaining* All bedrooms have new carpet, built ins, ceiling fans, two have TV sockets* Single remote lock-up garage with internal access* Kitchen has plenty of bench and cupboard space* Lounge room is tiled and has a ceiling fan for added comfort* Bathroom has a separate bath, shower and single vanity* Laundry is conveniently located in the garage* Plenty of parking for other cars/van/trailer/boat* Separate toilet convenient for family and friends visiting* Fully fenced front yard, perfect for kids and pets* two linen presses for added storage* Covered clothes line area* Rental appraisal $420-$450 PW and properties like this are in high demand for renters* Council Rates $2475.00 (Approx)*There has been over a $24,000 price reduction on this duplex, the instructions are clear to sell this home, it's vacant and ready to move into, this will suit a lot of people like 1st home buyer's, investors and downsizers alike with plenty room for van/trailers or a boat. There has been new carpet laid and it's been freshly painted, there's nothing really to do other than move in and enjoy. You can sit outside under your covered entertaining area surrounded by a manicured garden where you can catch the ocean breezes.There is plenty of room to add a shed you can have pets and a vegie garden in the fully fenced yard the choice is yours. There is internal access from your remote single lock-up garage plus this is where is the laundry conveniently located. This home is must to inspect so don t hesitate to come to the open home or call for an inspection.Situated a few minutes from local shops, school, clubs and public transport, the location is perfect. 10 Minutes to local beaches and Gold Coast Airport.* Attention all first home buyers you will save approximately $14,223.00 with the stamp duty redemption

Property History for 1/24 Somerset Ave, Banora Point, NSW 2486

A timeline of how this property has performed in the market
Last Sold
$399,000
10 Apr 2019
  • 10 Apr 2019
    Sold for $399,000
  • 06 Feb 2019
    Listed for Sale $399,00-$425,000
  • 24 May 2017
    Sold for $403,000
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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 8,165 properties. Over the last 5 years, Houses in Banora Point have seen a 71.10% increase in median value, while Units have seen a 78.70% increase. As at 31 October 2024:

  • The median value for Houses in Banora Point is $1,027,792 while the median value for Units is $751,234.
  • Houses have a median rent of $850 while Units have a median rent of $700.
There are currently 51 properties listed for sale, and 9 properties listed for rent in Banora point on OnTheHouse. According to CoreLogic's data, 350 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.