SOLD
RECENT ADVICE
Sold on 28 Aug 2024 for $760,000

7/1 Cromer Court
Banora Point NSW 2486

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
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Property Details for 7/1 Cromer Ct, Banora Point

7/1 Cromer Ct, Banora Point is a 3 bedroom, 2 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom Unit sold in Banora Point in the last 12 months.

Building Type
Unit
Local Government
Tweed
Lot/Plan
7/SP47178

Last Listing description (August 2024)

Nestled in a convenient and sought-after area of Banora Point, this delightful single level three bedroom unit offers both comfort and accessibility. Perfect for families, this residence provides easy access to local amenities, schools, and recreational facilities, making it an ideal place to call home.

-Three spacious bedrooms featuring built in wardrobes
-Main bedroom with ensuite

-Functional kitchen with electric cooking, generous sized pantry and breakfast bar
-Open plan light filled living and dining
-Internal laundry with additional linen storage
-Tidy bathroom with separate bath
-Paved courtyard
-Fully fenced rear yard
-Single automatic garage with internal access
-Ceiling fans in living and all three bedrooms
-Tweed Shire Council rates $2958 per annum
-Body corporate levies $2733 per annum
-Fixed term tenancy until the 3rd of September 2024

This unit is perfectly positioned for convenience and lifestyle. Within walking distance to St Josephs College, Club Banora and Banora Shopping Village.

Property History for 7/1 Cromer Ct, Banora Point, NSW 2486

A timeline of how this property has performed in the market
Last Sold
$760,000
28 Aug 2024
Listed for Rent
$320/w
23 Jan 2015
  • 23 Aug 2024
    Sold for $760,000
  • 08 Aug 2024
    Listed for Sale SOLD - $760,000
  • 09 Jan 2015
    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 53 properties listed for sale, and 13 properties listed for rent in Banora point on OnTheHouse. According to CoreLogic's data, 352 properties were sold in the past 12 months in Banora point.

Suburb Insights for Banora Point 2486

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Jacinta Greentree
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Toby Sandell
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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.