SOLD
RECENT ADVICE
Sold on 01 Nov 2024 for $1,255,000

37 Elsie Street
Banora Point NSW 2486

Bedrooms: 6
Bathrooms: 4
Car spaces: 4
Land area: 722m2
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Property Details for 37 Elsie St, Banora Point

37 Elsie St, Banora Point is a 6 bedroom, 4 bathroom House with 4 parking spaces. The property has a land size of 722m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 6 bedroom House sold in Banora Point in the last 12 months.

Building Type
House
Land Size
722m2
Local Government
Tweed

Last Listing description (November 2024)

Rare Freehold Opportunity to Purchase Duplex Pair with no Strata Fees

Discover the rare opportunity to own two 3 bedroom duplexes located in the highly sought-after area of Banora Point.

Situated on a generous 722m2 block at the end of a quiet cul-de-sac, this presents an ideal investment opportunity or perfect for an extended family.

Held under a single title and producing a generous rental yield of $1,350 weekly.

Duplex #1
- Three bedrooms, each with built-in wardrobes and ceiling fans
- The master bedroom serviced with an ensuite
- Open plan living areas filled with natural light, comprising of dining room, lounge area, and a generously sized kitchen
- Tiled living spaces that extend seamlessly through sliding doors to private balcony, offering a serene, leafy outlook
- The bathroom is designed for convenience, featuring a separate toilet to enhance privacy
- Double lock-up garage with internal access and additional storage

Duplex #2
- Enter the home to the open-plan living area with a functional kitchen and large living space that flows to the outdoor patio
- Double lock-up garage with internal access and additional storage
- Three bedrooms, each with ceiling fans and mirrored built-in wardrobes
- The master bedroom is uniquely situated on its own level, featuring a spacious ensuite and private balcony access, creating the perfect parents retreat

THE FINER DETAILS
Duplex #1 currently rented for $700/week with lease ending 27.2.25
Duplex #2 currently rented for $650/week with lease ending 24.12.24
Water: $343 quarterly approx
Rates: $3,236 annually approx
Building age approx 25 years
Land size: 722m2
Rental Appraisal Duplex #1 $700 - $750 per week
Rental Appraisal Duplex #2 $700 - $750 per week

WHERE TO FROM HERE
Short drive to local child care centres, local primary & high schools
8 minute drive to Tweed City Shopping Centre
12 minute drive to Tweed Hospital
12 minute drive to world class beaches in Coolangatta
9 minute drive to Coolangatta International Airport
12 minute drive to Kingscliff
43 minute drive to Surfers Paradise
42 minute drive to Byron Bay
1 hour & 18 minute drive to Brisbane

Contact Lenny McLennan on 0417 604 038 or Tanae Boyle on 0402 676 424 to arrange your inspection today.

DISCLAIMER
The information relating to this property has been obtained by a third party source, which is believed to be accurate and reliable. RBR Property Consultants has taken every care to ensure this information is as reliable and accurate as possible, but may be subject to errors and omissions. RBR gives no guarantee that this information is 100% correct and it is recommended that you consult an advisor to verify any information for any properties.

Property History for 37 Elsie St, Banora Point, NSW 2486

A timeline of how this property has performed in the market
Last Sold
$1,255,000
01 Nov 2024
  • 01 Nov 2024
    Sold for $1,255,000
  • 21 Mar 2024
    Listed for Sale $1,225,000 - $1,275,000
  • 07 Nov 2019
    Listed for Sale $649,000
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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 8,180 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 66 properties listed for sale, and 10 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.

Suburb Insights for Banora Point 2486

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Lenny McLennan
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Tanae Spring
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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.