SOLD
Sold on 27 Feb 2024 for $610,000

11 Orara Avenue
Banksia Beach QLD 4507

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 84m2
Land area: 546m2
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Property Details for 11 Orara Ave, Banksia Beach

11 Orara Ave, Banksia Beach is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1990. The property has a land size of 546m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Banksia Beach in the last 12 months.

Building Type
House
Year Built
1990
Floor Size
84m2
Land Size
546m2
Local Government
Moreton Bay
Lot/Plan
120/RP105652

Last Listing description (November 2023)

INVEST OR NEST!
This property won't last! Come and view this solid 3 bedroom brick veneer home, situated within easy walking distance to the local primary school, shops, public transport, bowls/tennis clubs and Pumicestone Passage foreshore.

This 3 bedroom home is situated on a fully fenced 546 square metre block and is located in the heart of Banksia Beach.

An excellent investment or first time home. It is currently in the Holiday Let Pool and enjoys excellent bookings and income.

Features include:
* 3 x bedrooms, all with fans and beautiful hardwood flooring. Master bedroom also has access to the enclosed front yard.
* Modern kitchen with electric cook top and oven
* Air conditioned loungeroom with hardwood flooring
* Separate dining area
* Single carport with roller lock up door
* Back and front yard fully fenced with 1.8 metre fencing - back yard has potential for landscaping and even the addition of an inground pool for the kids!

THIS PROPERTY IS HARD TO BEAT!
It is a great opportunity to purchase an affordable investment or first home and enjoy the benefits of living on beautiful Bribie Island and capitalise on the growth in the area.

Don't delay in organising an appointment to view this property!

Property History for 11 Orara Ave, Banksia Beach, QLD 4507

A timeline of how this property has performed in the market
Last Sold
$610,000
27 Feb 2024
Listed for Rent
$390/w
21 Dec 2020
  • 27 Feb 2024
    Sold for $610,000
  • 04 Nov 2023
    Listed for Sale PRICED TO SELL AT $615,000
  • 10 May 2022
    Listed for Sale Offers Over $549,000
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About Banksia Beach 4507

The size of Banksia Beach is approximately 7.2 square kilometres. It has 24 parks covering nearly 51.5% of total area. The population of Banksia Beach in 2011 was 5,482 people. By 2016 the population was 5,993 showing a population growth of 9.3% in the area during that time. The predominant age group in Banksia Beach is 60-69 years. Households in Banksia Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Banksia Beach work in a professional occupation. In 2011, 77.1% of the homes in Banksia Beach were owner-occupied compared with 79.6% in 2016.

Banksia Beach has 4,317 properties. Over the last 5 years, Houses in Banksia Beach have seen a 75.17% increase in median value, while Units have seen a 65.84% increase. As at 31 July 2024:

  • The median value for Houses in Banksia Beach is $1,013,635 while the median value for Units is $721,504.
  • Houses have a median rent of $693 while Units have a median rent of $340.
There are currently 129 properties listed for sale, and 5 properties listed for rent in Banksia beach on OnTheHouse. According to CoreLogic's data, 186 properties were sold in the past 12 months in Banksia beach.

Suburb Insights for Banksia Beach 4507

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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.