16/3-7 Monterey Avenue, Banora Point, NSW 2486 | Property Value & History | OnTheHouse
OFF MARKET

16/3-7 Monterey Avenue
Banora Point NSW 2486

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 120m2
Land area: 4848m2
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Property Details for 16/3-7 Monterey Ave, Banora Point

16/3-7 Monterey Ave, Banora Point is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 1994. The property has a land size of 4848m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Townhouse
Year Built
1994
Floor Size
120m2
Land Size
4848m2
Local Government
Tweed
Lot/Plan
16/SP48571

Last Listing description (November 2023)

Attention 1st home buyers you can save $22,000 with the new stamp duty redemption.

This fantastic property is exceptional value, its entry level into the market, located in a prime position, you'll be just moments from an array of amenities including; shops, schools, and public transport. This Banora Point townhouse is perfect for those seeking a project with the ability to put your finishing touches on it, and add value. The property is vacant and ready for it's new owners. this will suit so many buyers who are 1st home buyers, investors, down sizers or upsizing?

Here are some of the many benefits that await the astute purchaser.

- Light filled, spacious living/kitchen/dining area with A/C and ceiling fan leading out to the patio area
- Master bedroom with ensuite, mirrored built-ins A/C for added comfort
- Kitchen with pantry, double sink electric cook-top, range hood, plenty of bench and cupboard space
- Set over two levels, the home offers three bedrooms and two bathrooms
- Main bathroom with separate shower, separate bath single vanity and toilet
- Private rear courtyard for relaxing, low maintenance garden, put a fence out the front
- Two other spacious bedrooms with built-ins
- Internal laundry with access to backyard clothesline with toilet downstairs
- Single lock-up garage with internal access and plenty of visitor parking
- Great for investors, owner occupiers, downsizers or first home buyers
- Pet friendly
- Handy under stair storage
- Linen press upstairs
- Low body corporate fees that include water and building insurance $49.00 PW (approx)
- Termite barrier gets checked every 3 months inc with body corporate
- Roof gets checked every 6 months included with body corporate
- Rates $2720 PA (approx)
- Rental appraisal $600-$620PW as is, or more once freshly painted, new flooring
- 18 units in the complex
- 3 minutes to Club Banora and shopping centre
- 4 minutes to Bunnings, Harvey Norman and other specialty shops
- 6 minutes to the boat ramp on Dry Dock Road
- 7 minutes to Tweed City Shopping Centre
- 13 minutes to Gold Coast International Airport, beaches, cafe's restaurants, movies, shopping
- 15 minutes to Kingscliff and Fingal Head
- 45 minutes to Surfers Paradise and Byron Bay
- 90 minutes to Brisbane City

Don't let this opportunity slip away, come to the scheduled open home or call for a private inspection and see for yourself why this home is the perfect choice for you! properties like this do not last long

Please leave your best contact number when making an online enquiry.

There is a virtual tour available upon request.

Disclaimer:
All information (including but not limited to the property area, floor size, price, address and general property description) is provided as a convenience to you, and has been provided to LJ Hooker by third parties. LJ Hooker is unable to definitively confirm whether the information listed is correct or 100% accurate. LJ Hooker does not accept any liability (direct or indirect) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits or savings, arising out of or in any way connected with the use of any information, or any error, omission or defect in the information, contained on the Website. Information contained on the Website should not be relied upon and you should make your own enquiries and seek legal advice in respect of any property on the Website. Prices displayed on the Website are current at the time of issue, but may change.

Property History for 16/3-7 Monterey Ave, Banora Point, NSW 2486

A timeline of how this property has performed in the market
Last Sold
$590,000
08 Sep 2023
  • 08 Sep 2023
    Sold for $590,000
  • 31 Aug 2023
    Listed for Sale $595,000 - $635,000
  • 14 Jun 2023
    Sold
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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 42.41% increase in median value, while Units have seen a 64.16% increase. As at 31 July 2026:

  • The median value for Houses in Banora Point is $1,227,171 while the median value for Units is $904,912.
  • Houses have a median rent of $1,000 while Units have a median rent of $800.
There are currently 87 properties listed for sale, and 9 properties listed for rent in Banora point on OnTheHouse. According to Cotality's data, 347 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.