OFF MARKET

2/97 Lochlomond Drive
Banora Point NSW 2486

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 100m2
Land area: 839m2
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Property Details for 2/97 Lochlomond Dr, Banora Point

2/97 Lochlomond Dr, Banora Point is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 839m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in September 2016.

Building Type
Unit
Year Built
1996
Floor Size
100m2
Land Size
839m2
Local Government
Tweed
Lot/Plan
2/SP52247

Last Listing description (May 2017)

Offering single level convenience and flooded with natural light, the kitchen and dining areas open up onto your private covered outdoor entertaining area and fully fenced yard.
Features
3 bedrooms all with built ins and main with ensuite

Single garage with internal access
Kitchen and dining open out to the covered outdoor area
Great yard for pets
1.7km to Banora Point Shopping Centre
3.3km to Tweed City Shopping Centre
8 Km to Coolangatta beaches and shopping precinct
Public transport is just about at your doorstep, with numerous schools also nearby
Currently achieving rent of $380 per week to a long term tenant
If you are looking at downsizing or keeping an eye out for your next investment property or even a first home buyer looking for the right start in the property market then you should be looking at this great duplex.
Banora Point is part of the rapidly growing Tweed region offering some great real estate opportunities. This is an increasingly sought after area where people are enjoying the laid back lifestyle. Situated within close proximity to the areas pristine beaches along with a quality growing caf and restaurant community. Banora Point has easy access to the freeway making a trip to the Gold Coast international airport only minutes away.
With plenty of quality schools and childcare centre's in the area the young population means the suburb is poised for continuous growth and has a bright future ahead.

Property History for 2/97 Lochlomond Dr, Banora Point, NSW 2486

A timeline of how this property has performed in the market
Last Sold
$385,000
19 Sep 2016
Listed for Rent
$330/w
12 Apr 2012
  • 19 Sep 2016
    Sold for $385,000
  • 29 Jul 2016
    Listed for Sale $389,000
  • 29 Mar 2012
    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 8,167 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 50 properties listed for sale, and 12 properties listed for rent in Banora point on OnTheHouse. According to CoreLogic's data, 355 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.