2/55 Covent Gardens Way, Banora Point, NSW 2486 | Property Value & History | OnTheHouse
OFF MARKET

2/55 Covent Gardens Way
Banora Point NSW 2486

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 68m2
Land area: 400m2
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Property Details for 2/55 Covent Gardens Way, Banora Point

2/55 Covent Gardens Way, Banora Point is a 2 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 1992. The property has a land size of 400m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in April 2025.

Building Type
Unit
Year Built
1992
Floor Size
68m2
Land Size
400m2
Local Government
Tweed
Lot/Plan
2/SP43062

Last Listing description (June 2025)

Nestled within this peaceful neighbourhood, this duplex offers a perfect place for first home buyer, downsizer or savvy investor. Centrally located you in walking distance to both local primary and high schools, shops, sports club and fields.PROPERTY FEATURES: - enjoy outdoor dining or entertaining in the undercover alfresco area - stylish vinyl laminate floors in the living and carpeted bedrooms- spacious kitchen services both dining and alfresco areas- all bedrooms have built in robes and ceiling fan in master- bathroom with shower with separate toilet- private fully fenced yard room for the kids and pets- single lock up garage with internal access and parking off road for up to 2 vehicles- separate laundry in the garage- airconditioned living- solar power with 3.6kw systemOUTSIDE:-land size 400m2 approx-private fully fenced yard-2 addition car spaces off road-garden shed LOCATION:-walk to daycare 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 BayVitals:-land size 400sqm-house size 85m2-built 1993-council rates approx.. $3000 per annum-rental income approx. $800pw approx-airconditioned and ceiling fans in living and bed 1- solar power with 3.6kw systemINSPECTIONS LOOK FOR OPEN TIMES OR CONTACT THE AGENT 07 5599 1905Disclaimer: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 2/55 Covent Gardens Way, Banora Point, NSW 2486

A timeline of how this property has performed in the market
Last Sold
$800,000
17 Apr 2025
Listed for Rent
$610/w
27 May 2024
  • 17 Apr 2025
    Sold for $800,000
  • 01 Apr 2025
    Listed for Sale Expressions of Interest
  • 16 May 2024
    Listed for Rent - Price not available
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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 8,219 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 84 properties listed for sale, and 9 properties listed for rent in Banora point on OnTheHouse. According to Cotality's data, 342 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.