SOLD
RECENT ADVICE
Sold on 26 Apr 2024 for $790,000

2/40 Cashel Crescent
Banora Point NSW 2486

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 158m2
Land area: 615m2
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Property Details for 2/40 Cashel Cres, Banora Point

2/40 Cashel Cres, Banora Point is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 615m2 and floor size of 158m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Banora Point in the last 12 months.

Building Type
House
Floor Size
158m2
Land Size
615m2
Local Government
Tweed

Last Listing description (May 2024)

Privately positioned in a quiet street in the heart of Banora Point, this beautifully maintained duplex presents an excellent opportunity for first home buyers, downsizers and investor alike. Featuring inviting open plan living with recently painted interiors and plenty of natural light, this low maintenance property is conveniently located with a host of lifestyle options only a short drive away.
- Free-flowing open plan living with light-filled interiors and an easy indoor/outdoor flow
- Three spacious bedrooms with built-in robes

- Master bedroom features a tidy ensuite and sliding door access to the courtyard
- Central kitchen with modern stainless steel appliances including dishwasher
- Single car garage with internal access and separate laundry
- Double gated side access to accommodate an additional vehicle
- Low maintenance easy care yard with private rear deck to relax and enjoy a cuppa
- Fully fenced yard with plenty of room for children and pets to play
- Currently rented for $650 a week until 10/10/2024 with great tenants in place who are happy to stay on
- Current rental potential $700-$730 a week
- Conveniently located with easy access to the M1, and a short drive to the Gold Coast Airport and world- famous beaches

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Property History for 2/40 Cashel Cres, Banora Point, NSW 2486

A timeline of how this property has performed in the market
Last Sold
$790,000
26 Apr 2024
Listed for Rent
$650/w
29 Sep 2022
  • 26 Apr 2024
    Sold for $790,000
  • 11 Mar 2024
    Listed for Sale $750,000 - $780,000
  • 23 Sep 2022
    Listed for Rent $650 / 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 8,173 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, 366 properties were sold in the past 12 months in Banora point.

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