3 Magnolia Cres, Banora Point is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 2003. The property has a land size of 738m2 and floor size of 162m2. While the property is not currently for sale or for rent, it was last sold in December 2023.
Welcome to 3 Magnolia Crescent, Banora Point! This stunning 5-bedroom, 2-bathroom property is the perfect family home. With spacious living areas indoor and out along with a good size yard and pool - this property offers ample space for relaxation and entertainment all year round.
Located in the popular family estate of Flame Tree Park and just a short walk to the shops, cafes and schools. A 10 min drive to the beautiful beaches of Coolangatta, Kirra & Rainbow Bay it really is one to put on your list if you're looking for a well-appointed spacious family home.
Key Selling Features:
5 Bedrooms, main with ensuite and mirrored built in robes.
Large family living room at the centre of the home.
Open plan kitchen with stone benchtops, induction cooktop and quality appliances.
Spacious dining area filled with natural light that overlooks the pool and backyard.
Large under cover patio equipped with down lights and ceiling fans for all year-round relaxation and entertainment.
Salt water pool with timber decking and an ideal feature leading into those summer months.
A combination of floating timber floors & carpet throughout the home.
The double garage has been converted to a multi-purpose room as well as the 5th bedroom.
Separate laundry leads to the side of the home.
Ceiling fans in all bedrooms as well as split system A/C in the Kitchen area, living room and the MPR.
Fully fenced and good-sized back yard with 2 sheds - 1 a 3mx3m approx. & the other a 3mx1.5m approx.
Bus stops to most local schools are within a safe and short 50m walk to the front door.
This truly is family living at its best, make the time to come and see this property because it may just be the one you've been waiting for!
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 8,203 properties. Over the last 5 years, Houses in Banora Point have seen a 77.19% increase in median value, while Units have seen a 77.52% increase. As at 28 February 2025:
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