OFF MARKET

2/2 Cedar Ridge
Banora Point NSW 2486

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 120m2
Land area: 835m2
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Last updated 14 Oct 2024
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Property Details for 2/2 Cedar Rdge, Banora Point

2/2 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 120m2. While the property is not currently for sale or for rent, it was last sold in September 2015.

Building Type
Unit
Year Built
1990
Floor Size
120m2
Land Size
835m2
Local Government
Tweed
Lot/Plan
2/SP47454

Last Listing description (November 2013)

One of a Kind !
Great, single level duplex with sizeable yard and spacious bedrooms makes this home a one of a kind. It is well elevated to capture breezes and also is on the northern side so it also captures the morning sun. The property is absolutely immaculate and well maintained by the current owners. The home has not been offered for over ten years and the owners are reluctantly downsizing due to personal circumstances. Do not miss this one, it will not be beaten!
Single level duplex

spacious yard
private position
northerly aspect
low maintenance
Rental potential: $360 per week
Yearly costs:
Common insurance equally divided between the duplexes yearly
Divide water rates equally divided between the duplexes yearly
(property can potentially be separately water metered)
Additional feature/s - Built-In Wardrobes.

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

A timeline of how this property has performed in the market
Last Sold
$385,000
18 Sep 2015
  • 25 Jul 2017
    Sold
  • 18 Sep 2015
    Sold for $385,000
  • 06 Nov 2013
    Sold for $319,000
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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 8,173 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 56 properties listed for sale, and 10 properties listed for rent in Banora point on OnTheHouse. According to CoreLogic's data, 360 properties were sold in the past 12 months in Banora point.

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