SOLD
Sold on 09 Apr 2024 for $795,000

8/40 Martinelli Avenue
Banora Point NSW 2486

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 162m2
Land area: 489m2
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Property Details for 8/40 Martinelli Ave, Banora Point

8/40 Martinelli Ave, Banora Point is a 3 bedroom, 2 bathroom House and was built in 2019. The property has a land size of 489m2 and floor size of 162m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Banora Point in the last 12 months.

Building Type
House
Year Built
2019
Floor Size
162m2
Land Size
489m2
Local Government
Tweed
Lot/Plan
9/DP285042

Last Listing description (August 2024)

Escape to a lifestyle of unparalleled tranquility and modern elegance nestled in the heart of Banora Point. Presenting a captivating blend of contemporary design and comfort, this exquisite property offers a haven where every day feels like a retreat.

Step inside and immerse yourself in the seamless fusion of style and functionality. Boasting spacious interiors flooded with natural light, this residence exudes warmth and sophistication at every turn. The open-plan living area creates a seamless flow, perfect for both relaxation and entertaining.

* Spacious interiors flooded with natural light for a warm and inviting atmosphere.

* Open-plan living area perfect for relaxation and entertaining.
* Gourmet kitchen with sleek finishes, premium appliances, and ample storage space.
* Sumptuous bedrooms offering private sanctuaries for restful nights.
* Plush carpets, built-in wardrobes, and abundant natural light in every bedroom.
* Covered outdoor entertaining area with private outlook
* Low-maintenance landscaping for easy outdoor enjoyment.
* Convenient location with easy access to schools, shops, parks, and transport options.
* Rental Appraisal $750 - $780pw

Don't miss out - contact us today to arrange your private inspection and start living the lifestyle you deserve at 8/40 Martinelli Avenue, Banora Point!

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Property History for 8/40 Martinelli Ave, Banora Point, NSW 2486

A timeline of how this property has performed in the market
Last Sold
$795,000
09 Apr 2024
Listed for Rent
$650/w
18 Oct 2022
  • 09 Apr 2024
    Sold for $795,000
  • 20 Nov 2023
    Sold for $739,000
  • 07 Sep 2023
    Listed for Sale $739,000
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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 8,167 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 50 properties listed for sale, and 12 properties listed for rent in Banora point on OnTheHouse. According to CoreLogic's data, 355 properties were sold in the past 12 months in Banora point.

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