1/7 Somerset Avenue, Banora Point, NSW 2486 | Property Value & History | OnTheHouse
OFF MARKET

1/7 Somerset Avenue
Banora Point NSW 2486

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 73m2
Land area: 702m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 13 Jul 2026
Low

High
Save

Property Details for 1/7 Somerset Ave, Banora Point

1/7 Somerset Ave, Banora Point is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 702m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in November 2017.

Building Type
Unit
Year Built
1980
Floor Size
73m2
Land Size
702m2
Local Government
Tweed
Lot/Plan
1/SP15043

Last Listing description (December 2017)

Nothing to spend on this great 2 bedroom duplex on an elevated block. From the moment you enter this lovely property it's condition will impress. The large gourmet kitchen overlooks the covered outdoor entertaining deck surrounded by hedging for privacy. The spacious lounge is off the kitchen, all fully tiled. 2 spacious carpeted bedrooms with built-ins and ceiling fans and 1 modern bathroom. The large fully fenced sunny backyard is a treat - great for kids or pets.
- Air-conditioned living area and main bedroom
- Low Set

- Modern Kitchen
- Great outdoor entertaining area
- Elevated position
- Large fully fenced backyard
- Ceiling fans throughout
- Side access for caravan or boat
DISCLAIMER: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.

Property History for 1/7 Somerset Ave, Banora Point, NSW 2486

A timeline of how this property has performed in the market
Last Sold
$400,000
23 Nov 2017
Listed for Rent
$380/w
04 Apr 2016
  • 23 Nov 2017
    Sold for $400,000
  • 06 Jul 2017
    Listed for Sale Range $405,000 to $415,000
  • 23 Mar 2016
    Listed for Rent $380 / week
Sign in to see more transactions
Commute Calculator

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 46.33% increase in median value, while Units have seen a 65.58% increase. As at 30 June 2026:

  • The median value for Houses in Banora Point is $1,229,035 while the median value for Units is $888,998.
  • Houses have a median rent of $1,000 while Units have a median rent of $800.
There are currently 83 properties listed for sale, and 6 properties listed for rent in Banora point on OnTheHouse. According to Cotality's data, 349 properties were sold in the past 12 months in Banora point.

Suburb Insights for Banora Point 2486

Market Insights
Banora Point Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Banora Point Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.