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

3 Somerset Avenue
Banora Point NSW 2486

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 142m2
Land area: 647m2
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Property Details for 3 Somerset Ave, Banora Point

3 Somerset Ave, Banora Point is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 647m2 and floor size of 142m2. While the property is not currently for sale or for rent, it was last sold in July 2016.

Building Type
House
Year Built
1985
Floor Size
142m2
Land Size
647m2
Local Government
Tweed
Lot/Plan
36/DP236954

Last Listing description (August 2016)

Situated at the top of the hill, capturing ocean and river views and breezes, the substantial two storey high-set is sure to please. From the entrance hall, stairs lead up to a fully-carpeted lounge and separate dining area. The generous kitchen is located off this and features attractive and original wall and floor tiles. The property also boasts two sunrooms upstairs, each with lovely district and water views. Also on this level are three large bedrooms, main with built-in wardrobes and ceiling fan. The upstairs bathroom is located here as well.
Downstairs there is a large family/rumpus room with two adjoining sitting rooms, providing extra living space and potential for storage or another bedroom. The second bathroom and laundry are also located here, next to the double garage.
Move in and enjoy or renovate as you'd like.

- Flat 645m2 block, side yard with room for a pool
- Solar electricity
- Generous living areas
- Extra storage area behind the garage
- Dual occupancy potential - separate entrance downstairs.
We have in preparing this document used our best endeavours to ensure the information 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 inquiries to verify the information.

Property History for 3 Somerset Ave, Banora Point, NSW 2486

A timeline of how this property has performed in the market
Last Sold
$545,000
04 Jul 2016
  • 04 Jul 2016
    Sold for $545,000
  • 26 May 2016
    Listed for Sale Sale by Negotiation
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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 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, 346 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.