OFF MARKET

1/29 Covent Gardens Way
Banora Point NSW 2486

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 811m2
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Property Details for 1/29 Covent Gardens Way, Banora Point

1/29 Covent Gardens Way, Banora Point is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1993. The property has a land size of 811m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Year Built
1993
Floor Size
80m2
Land Size
811m2
Local Government
Tweed
Lot/Plan
1/SP44931

Last Listing description (August 2022)

Featuring inviting open plan living with renovated interiors and a seamless indoor/outdoor flow, this low maintenance home is superbly positioned in the heart of Banora Point and is perfect for first homebuyers, investors, or those looking to downsize.
Conveniently located only a short level stroll to schools, shops, and a host of lifestyle options, this well-maintained single level residence is ideal for easy living in an ultra-convenient location. Don't miss this opportunity to secure an affordable home in a walk-to-everything location, arrange your inspection today.
- Perfectly designed for easy living with air-conditioned open plan living and free-flowing light-filled interiors

- Stylish galley kitchen with ample cupboard space, 4 burner electric cooktop and stainless-steel appliances
- Undercover outdoor entertaining area, ideal for alfresco dining and entertaining family and friends
- Good size level yard for the kids to play with a large garden shed on a concrete slab, and plenty of room for a veggie garden
- Main bedroom features a two-way bathroom, walk in robe and ceiling fan
- The other two bedrooms have ceiling fans, with walk-in robe to the second bedroom
- Automatic single car garage with internal access and room for off-street parking
- Solar Electricity and solar hot water to keep your living costs down
- Crim safe screens on all doors and windows for security and peace of mind
- No Body Corporate fees with only one adjoining neighbour and separate water meters
- Currently rented for $460 a week with great tenants in place who would love to stay on
- An easy level stroll to schools, shops, doctors, clubs and public transport
- A short drive to Tweed City, the Gold Coast Airport, and world-famous beaches

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Property History for 1/29 Covent Gardens Way, Banora Point, NSW 2486

A timeline of how this property has performed in the market
Last Sold
$555,000
04 Jun 2021
Listed for Rent
$350/w
19 Aug 2012
  • 01 Aug 2024
    Sold
  • 04 Jun 2021
    Sold for $555,000
  • 19 May 2021
    Listed for Sale Price Guide $520,000-$540,000
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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 8,198 properties. Over the last 5 years, Houses in Banora Point have seen a 82.66% increase in median value, while Units have seen a 79.05% increase. As at 31 January 2025:

  • The median value for Houses in Banora Point is $1,102,602 while the median value for Units is $769,882.
  • Houses have a median rent of $850 while Units have a median rent of $700.
There are currently 39 properties listed for sale, and 10 properties listed for rent in Banora point on OnTheHouse. According to CoreLogic's data, 354 properties were sold in the past 12 months in Banora point.

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