31/2-4 Terranora Road, Banora Point, NSW 2486 | Property Value & History | OnTheHouse
OFF MARKET

31/2-4 Terranora Road
Banora Point NSW 2486

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 88m2
Land area: 7876m2
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Property Details for 31/2-4 Terranora Rd, Banora Point

Building Type
Commercial
Year Built
1995
Floor Size
88m2
Land Size
7876m2
Local Government
Tweed
Lot/Plan
31/SP74321

Last Listing description (June 2023)

Apartment 31 at Ocean View Retirement Living is on the first level, with two bedrooms and two bathrooms, located a short walk to the community facilities.

Apartment 31 has an open plan kitchen, living space flowing out to the north-east facing with double-sized balcony offering panoramic ocean views.


It has a spacious main bedroom with ensuite and plenty of storage. Air-conditioned and carpet in bedrooms for year-round comfort.
Move in and make your mark!

Property features:
- North-east facing
- Doublesized balcony with ocean views
- Elevated position
- Open plan living space
- Two bedrooms, 2 bathrooms
- Air conditioning and ceiling fans
- Stainless steel appliances

Community features:
- Indoor heated swimming pool
- Billiard / Snooker table
- Arts and crafts area
- Library
- Community centre
- BBQ area
- Workshop
- Visiting hairdresser
- Community bus
- Community Manager
- Active social calendar
- 24/7 Emergency call system
- Pet friendly (subject to approval)

Located on the top of Sexton Hill with a Pacific panorama, Ocean View Retirement Living has fantastic proximity to shopping centres, clubs and the beach. Situated not far off the highway, the bustling community of Tweed Heads is only five minutes away, while all the Gold Coast has to offer is just up the road. Gold Coast Airport is just a 10 minute drive away.

Ocean View Retirement Living offers independent living, with the peace-of-mind knowing there is an onsite care team.

Enquire today to find out more about living at Ocean View Retirement Living. Our friendly sales team will be happy to meet with you, take you on a tour of the community and answer any questions you may have.

Disclaimer: Photos are an example display unit within the village. Unit layout, window coverings, furniture, white goods, fittings and floor coverings are indicative only and inclusions will vary from unit to unit as per purchase contract. Buyer must also enter into separate contract with retirement village.

You may have to pay a departure fee when you leave this village. You may have to share any capital gains received with the operator of the village.

Property History for 31/2-4 Terranora Rd, Banora Point, NSW 2486

A timeline of how this property has performed in the market
Last Sold
$19,978,880
09 Sep 2016
  • 16 Dec 2021
    Listed for Sale $498,000 - $530,000
  • 09 Sep 2016
    Sold for $19,978,880
  • 23 Jan 2015
    Sold for $3,029,400
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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 8,218 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 74 properties listed for sale, and 6 properties listed for rent in Banora point on OnTheHouse. According to Cotality's data, 356 properties were sold in the past 12 months in Banora point.

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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.