281 Terranora Rd, Banora Point is a 6 bedroom, 5 bathroom House with 18 parking spaces and was built in 1970. The property has a land size of 8345m2 and floor size of 500m2. While the property is not currently for sale or for rent, it was last sold in March 2020.
The Ultimate Suburban Acreage Estate!
The time for our owners to downsize and move on has come, creating a very rare and exciting opportunity for one discerning buyer to take immediate advantage of. This once in a generational opportunity in one to be explored and considered as properties of this size, location and calibre are nearly impossible to find.
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:
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