Rare to the market is this large vacant block of land positioned in a quiet cul-de-sac street in the heart of a sought after suburb of Banora Point. The 791 m2 block presents the opportunity to build your dream home with beautiful elevated East facing views of the ocean and hinterland. Job relocation forces owner to put prime block of land on market priced to sell below the bought cost in February 2022 of $635,000 !! Present all offers !!
Features of the block include:
• 15 minutes to Gold Coast international airport
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 8,179 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:
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