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Sold on 15 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
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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.

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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
15 Nov 2024
Listed for Rent
$385/w
15 Mar 2016
  • 15 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 8,166 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 56 properties listed for sale, and 9 properties listed for rent in Banora point on OnTheHouse. According to CoreLogic's data, 351 properties were sold in the past 12 months in Banora point.

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