18 Nicholson St, Banana is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 2007. The property has a land size of 2024m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Banana in the last 12 months.
This is an amazing investment opportunity - there is the tenanted three bedroom house with two bay shed and verandah on both sides, and you also get the vacant block where, subject to council approval, you can add more accommodation options. Current income $380/week with corporate lease. More Photos to follow.
Property Code: 1679
The size of Banana is approximately 940.2 square kilometres. It has 2 parks covering nearly 0.3% of total area. The population of Banana in 2011 was 377 people. By 2016 the population was 358 showing a population decline of 5.0% in the area during that time. The predominant age group in Banana is 10-19 years. Households in Banana are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Banana work in a managers occupation. In 2011, 65.2% of the homes in Banana were owner-occupied compared with 71.5% in 2016.
Banana has 228 properties. Over the last 5 years, Houses in Banana have seen a 34.11% increase in median value, while Units have seen a 252.05% increase. As at 31 December 2024:
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