SOLD
Sold on 07 Nov 2024 for $835,000

2/4 Cedar Ridge
Banora Point NSW 2486

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 81m2
Land area: 851m2
Sold By
First National Real Estate Tweed City
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Property Details for 2/4 Cedar Rdge, Banora Point

2/4 Cedar Rdge, Banora Point is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1996. The property has a land size of 851m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 3 bedroom Unit sold in Banora Point in the last 12 months.

Building Type
Unit
Year Built
1996
Floor Size
81m2
Land Size
851m2
Local Government
Tweed
Lot/Plan
2/SP53806

Last Listing description (November 2024)

Discover this hidden gem at 2/4 Cedar Ridge, Banora Point?a free-standing duplex that offers the comfort and space of a home, without the hassle. Positioned on a generous 496m? block, this property boasts its own driveway, ensuring privacy and plenty of room for extra parking.

* This free-standing duplex sits on a generous 496m? block, offering privacy and your own driveway with plenty of extra parking.
* Featuring three spacious bedrooms, including a master with a two-way ensuited bathroom, this home provides comfort and convenience.

* The secure, grassed front yard is perfect for kids, pets, or outdoor entertaining in a safe, private space.
* Stay comfortable year-round with air-conditioning in the living space, and enjoy the natural light throughout the open-plan layout.
* Built with durable brick and tile construction, this home ensures low-maintenance living and long-lasting quality.
* The modern kitchen features electric appliances, ideal for efficient meal prep and entertaining.
* With one car space and ample extra parking, there's plenty of room for multiple vehicles or guests.
* Separate insurance and separate water meters provide added flexibility and independence, making ownership easy.
* Conveniently located, just a short walk to primary and secondary schools, as well as the nearby Twin Towns Juniors Club.

This property is perfect for first-home buyers, investors, or downsizers seeking easy, relaxed living.

Property History for 2/4 Cedar Rdge, Banora Point, NSW 2486

A timeline of how this property has performed in the market
Last Sold
$835,000
07 Nov 2024
Listed for Rent
$385/w
15 Mar 2016
  • 07 Nov 2024
    Sold for $835,000
  • 17 Oct 2024
    Listed for Sale Price Guide $850,000
  • 01 Mar 2016
    Listed for Rent - Price not available
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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 8,199 properties. Over the last 5 years, Houses in Banora Point have seen a 78.08% increase in median value, while Units have seen a 79.29% increase. As at 30 November 2024:

  • The median value for Houses in Banora Point is $1,068,428 while the median value for Units is $764,751.
  • Houses have a median rent of $850 while Units have a median rent of $710.
There are currently 34 properties listed for sale, and 8 properties listed for rent in Banora point on OnTheHouse. According to CoreLogic's data, 368 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.