1/24 Terranora Road, Banora Point, NSW 2486 sold on 02 May 2025 | OnTheHouse
SOLD
Sold on 02 May 2025 for $830,000

1/24 Terranora Road
Banora Point NSW 2486

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 109m2
Land area: 847m2
Sold By
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DJ Stringer
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Property Details for 1/24 Terranora Rd, Banora Point

1/24 Terranora Rd, Banora Point is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 847m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 3 bedroom Unit sold in Banora Point in the last 12 months.

Building Type
Unit
Year Built
1989
Floor Size
109m2
Land Size
847m2
Local Government
Tweed
Lot/Plan
1/SP35347

Last Listing description (June 2025)

Filled with an abundance of natural light you will enjoy coming home to this low maintenance (3) bedroom duplex villa, just one of (2) only that even offers an ocean glimpse.

KEY FEATURES:

- Air-conditioned living & dining area w/ bamboo flooring

- Well appointed compact kitchen w/ dishwasher & servery
- Master bedroom w/ walk through robe, air-conditioner & access to two-way bathroom
- Modern bathroom w/ bathtub & separate WC
- Bedrooms 2&3 both with built in robes (bedroom 2 is airconditioned)
- Lock up automatic lock up garage w/ internal access
- Paved side courtyard & sunny front porch
- Solar powered by 22 panels (5kw)

DETAILS:

Nil Body Corporate / just shared insurance with Lot 2 $1136.50 per year, per unit
Rates - $739.90 per quarter year
Water rates - $125 per quarter year
Market Rent in the vicinity of $695 per week

LOCATION:

Your humble abode is a mere 125m to Banora Point Primary School & Little Grommets OOSHC (offering after school programs). Around (5) minutes to St James, St Josephs and Centaur & Lindisfarne is within (10) minutes also close by are several pre-schools.

For local shopping, Banora Village is also just (5) minutes and major shopping at Tweed City is a few minutes beyond.

Club Banora is also within a short drive, offering Golf and a relaxed social scene & the Tweed / Coolangatta Golf Course can be accessed within (10) minutes.

For surfers & beach lovers, the fabulous Gold Coast beaches are less than (20) minutes from home, as too the Gold Coast International Airport & Southern Cross Uni.

For added convenience a bus service also operates throughout this region.

AGENT'S COMMENTS:

A cosy & delightful home that would be perfect for those embarking on their real estate journey, downsizing or investing in a property that would provide a stable rate of return within minimal overheads.

Unit (2) at the rear is owner occupied by retiree.

Disclaimer:
All information contained herein is gathered from sources we believe to be reliable. DJ Stringer Property Services Pty Ltd and its staff will not be held responsible for any act or omission arising from the accuracy of such material. We cannot guarantee its accuracy and interested persons should rely on their own enquiries. Such enquiries should include, but in no way limited & directed, to your legal representative, any local authorities, the Contract of Sale and in the event of a Unit, Strata Title or Community Title, refer to the Body Corporate, Community Management Statement & Disclosure Statement for any information on the property, Common Property & Exclusive use areas, that may directly or indirectly affect this property.

Property History for 1/24 Terranora Rd, Banora Point, NSW 2486

A timeline of how this property has performed in the market
Last Sold
$830,000
02 May 2025
  • 02 May 2025
    Sold for $830,000
  • 23 Apr 2025
    Listed for Sale SOLD BY DAVID STRINGER
  • 11 Jul 2014
    Sold for $333,000
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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 2016 was 16167 people. By 2021 the population was 16460 showing a population growth of 1.8% in the area during that time. The predominant age group in Banora Point is 70-79 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 professional occupation.In 2021, 76.90% of the homes in Banora Point were owner-occupied compared with 75.20% in 2016.

Banora Point has 8,213 properties. Over the last 5 years, Houses in Banora Point have seen a 79.38% increase in median value, while Units have seen a 81.60% increase. As at 30 November 2025:

  • The median value for Houses in Banora Point is $1,193,203 while the median value for Units is $814,903.
  • Houses have a median rent of $900 while Units have a median rent of $780.
There are currently 39 properties listed for sale, and 8 properties listed for rent in Banora point on OnTheHouse. According to Cotality's data, 374 properties were sold in the past 12 months in Banora point.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.