OFF MARKET

5/13 Kentia Crescent
Banora Point NSW 2486

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 94m2
Land area: 7660m2
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Property Details for 5/13 Kentia Cres, Banora Point

5/13 Kentia Cres, Banora Point is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 7660m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
Unit
Year Built
1996
Floor Size
94m2
Land Size
7660m2
Local Government
Tweed
Lot/Plan
5/SP52522

Last Listing description (June 2022)

If youve been searching for a low maintenance property to add to your investment portfolio, then 5/13 Kentia Crescent is a must-see.

The single-level villa boasts light-filled living spaces, easy-care tiles throughout and a private fully fenced backyard.

The open-plan living, dining and kitchen are spacious with the kitchen enjoying an abundance of cabinetry and bench space. A delightful all-weather outdoor patio can be found off this living space and takes in the views of the private backyard.

Three good-sized bedrooms with ceiling fans and built-in robes extend the floor plan, as does the main bathroom with a bath and separate toilet and a single garage space with a laundry.

With low body corporate fees of $55 per week, and currently tenanted on a fixed lease of $470 per week until October, this really is a savvy investment opportunity not to be missed.

The home is within walking distance of Banora Shopping Centre. Medical centres and local schools are within easy reach, as are beautiful beaches and the M1, connecting you to all you could need.

Fixed term lease agreement in place until October 2022 = $470 per week
Tweed Shire Council = $672.30 approximately per quarter
Body corporate Levies = $55 approximately per week

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Property History for 5/13 Kentia Cres, Banora Point, NSW 2486

A timeline of how this property has performed in the market
Last Sold
$540,000
20 Jun 2022
Listed for Rent
02 Oct 2019
  • 20 Jun 2022
    Sold for $540,000
  • 01 Jun 2022
    Listed for Sale Not Disclosed
  • 17 Aug 2020
    Sold
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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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