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

1 Somerset Avenue
Banora Point NSW 2486

Bedrooms: 4
Bathrooms: 3
Car spaces: 4
Floor area: 240m2
Land area: 685m2
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Property Details for 1 Somerset Ave, Banora Point

1 Somerset Ave, Banora Point is a 4 bedroom, 3 bathroom House with 4 parking spaces and was built in 1980. The property has a land size of 685m2 and floor size of 240m2. While the property is not currently for sale or for rent, it was last sold in September 2018.

Building Type
House
Year Built
1980
Floor Size
240m2
Land Size
685m2
Local Government
Tweed
Lot/Plan
35/DP236954

Last Listing description (January 2019)

Spacious family home positioned on an elevated corner block comprises of spacious living and entertaining areas. With modern comforts over a versatile layout, it caters for the growing family, set within a short drive to shops, beaches, and schools.
- Designed for the entertainer with an easy indoor/outdoor flow

- Four generous bedrooms complete with built-in robes, ceiling fans
- Undercover entertainers deck, sweeping panoramic ocean views
- Two pac kitchen with stainless appliances, excellent storage
- Generous open plan living/dining areas bathed in natural light
- Multi-purpose room is an ideal teen retreat or playroom
- Four car garage, off-street parking ideal for caravan or boat
- Solar heated in-ground swimming pool with sauna, solar power
- Small pet considered upon application
- Please register for the inspection on our website or call 0755068900

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

A timeline of how this property has performed in the market
Last Sold
$790,000
14 Sep 2018
Listed for Rent
$730/w
03 Jan 2019
  • 04 Dec 2018
    Listed for Rent $730 / week
  • 14 Sep 2018
    Sold for $790,000
  • 08 May 2018
    Listed for Sale $849,000
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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 8,223 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, 350 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.