1/63 Covent Gardens Way, Banora Point, NSW 2486 | Property Value & History | OnTheHouse
OFF MARKET

1/63 Covent Gardens Way
Banora Point NSW 2486

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 128m2
Land area: 800m2
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Property Details for 1/63 Covent Gardens Way, Banora Point

1/63 Covent Gardens Way, Banora Point is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1993. The property has a land size of 800m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in November 2024.

Building Type
Unit
Year Built
1993
Floor Size
128m2
Land Size
800m2
Local Government
Tweed
Lot/Plan
1/SP43069

Last Listing description (December 2024)

UNDER OFFER
Price guide: $788,000 to $828,000

Nestled within this peaceful neighbourhood, this duplex offers a perfect place for the young and growing family or savvy investor. Centrally located - in walking distance to both local primary and high schools, shops, sports club and fields.

PROPERTY FEATURES:
- airconditioned open plan lounge and dining
- spacious kitchen services both dining and alfresco areas
- all bedrooms have built-in robes and ceiling fans
- bathroom with bath, shower with separate toilet
- private fully fenced yard room for the kids and pets
- enjoy outdoor dining or entertaining in the undercover alfresco area
- fully tiled throughout
- single lock-up garage with internal access and parking offroad for up to 2 vehicles
- separate laundry in the garage

OUTSIDE:
-land size 400m2 approx
-private fully fenced yard
-2 additional car spaces offroad
-garden shed

LOCATION:
-walk to day care centre, primary school, high school, shopping village, sports club and fields
-3mins to McDonalds Banora and the New to be completed Shopping Centre
-5mins to Tweed City Shopping Centre
-8km to the famous surfing beaches of the Southern Gold Coast
-8km to the new Tweed Valley Hospital
-45mins to Byron Bay

Vitals:
-land size 400sqm
-house size 171sqm (internal 128sqm & external 43sqm)
-built 1993
-council rates approx.. $2960 per annum
-currently tenanted until January 2025 rental income $650pw
-forecast rent from January 2025 is $750 per week (current market conditions)
-airconditioned and ceiling fans

PRIVATE INSPECTIONS ONLY OR CONTACT THE AGENT FOR A PRIVATE VIEWING 07 5599 1905

Disclaimer:
All information contained herein is gathered from sources we believe to be reliable. Local Realty Sales & Rentals 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 enquires 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 1/63 Covent Gardens Way, Banora Point, NSW 2486

A timeline of how this property has performed in the market
Last Sold
$798,500
12 Nov 2024
Listed for Rent
24 Jul 2020
  • 12 Nov 2024
    Sold for $798,500
  • 30 Sep 2024
    Listed for Sale Not Disclosed
  • 07 Jul 2020
    Listed for Rent $460 / week
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About Banora Point 2486

The size of Banora Point is approximately 12.2 square kilometres. There are 21 parks, covering nearly 7.8% of the 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 8,222 properties. Over the last 5 years, Houses in Banora Point have seen a 40.52% increase in median value, while Units have seen a 52.98% increase. As at 31 August 2026:

  • The median value for Houses in Banora Point is $1,236,482 while the median value for Units is $867,890.
  • Houses have a median rent of $1,000 while Units have a median rent of $820.
There are currently 85 properties listed for sale, and 7 properties listed for rent in Banora point on OnTheHouse. According to Cotality's data, 340 properties were sold in the past 12 months in Banora point.

Suburb Insights for Banora Point 2486

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Cotality Copyright and Legal Disclaimers about Property Data
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.