OFF MARKET

1/7 Somerset Avenue
Banora Point NSW 2486

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 73m2
Land area: 702m2
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Property Details for 1/7 Somerset Ave, Banora Point

1/7 Somerset Ave, Banora Point is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 702m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in November 2017.

Building Type
Unit
Year Built
1980
Floor Size
73m2
Land Size
702m2
Local Government
Tweed
Lot/Plan
1/SP15043

Last Listing description (December 2017)

Nothing to spend on this great 2 bedroom duplex on an elevated block. From the moment you enter this lovely property it's condition will impress. The large gourmet kitchen overlooks the covered outdoor entertaining deck surrounded by hedging for privacy. The spacious lounge is off the kitchen, all fully tiled. 2 spacious carpeted bedrooms with built-ins and ceiling fans and 1 modern bathroom. The large fully fenced sunny backyard is a treat - great for kids or pets.
- Air-conditioned living area and main bedroom
- Low Set

- Modern Kitchen
- Great outdoor entertaining area
- Elevated position
- Large fully fenced backyard
- Ceiling fans throughout
- Side access for caravan or boat
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.

Property History for 1/7 Somerset Ave, Banora Point, NSW 2486

A timeline of how this property has performed in the market
Last Sold
$400,000
23 Nov 2017
Listed for Rent
$380/w
04 Apr 2016
  • 23 Nov 2017
    Sold for $400,000
  • 06 Jul 2017
    Listed for Sale Range $405,000 to $415,000
  • 23 Mar 2016
    Listed for Rent $380 / week
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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 52 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.