40/2-4 Terranora Road, Banora Point, NSW 2486 | Property Value & History | OnTheHouse
OFF MARKET

40/2-4 Terranora Road
Banora Point NSW 2486

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 88m2
Land area: 7876m2
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Property Details for 40/2-4 Terranora Rd, Banora Point

40/2-4 Terranora Rd, Banora Point is a 1 bedroom, 1 bathroom House and was built in 1995. The property has a land size of 7876m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in September 2016.

Building Type
House
Year Built
1995
Floor Size
88m2
Land Size
7876m2
Local Government
Tweed
Lot/Plan
40/SP77197

Last Listing description (May 2023)

Unit 40 at Ocean View Retirement Living is an elevated apartment, located a leisurely stroll away from the community facilities. The refurbished apartment is studio sized which features a sunny balcony, with glimpses of the ocean. Open plan living with modern kitchenette including a dish drawer, leads out to your own private balcony. The apartment is air-conditioned with ceiling fans for your year-round comfort. Stylish but practical vinyl plank flooring has been laid throughout and this apartment has ample storage.

Property features:

- North-facing with sunny balcony and plenty of natural light
- Elevated position
- Open plan living with modern kitchenette
- New vinyl plank flooring
- Dish drawer
- Reverse cycle air conditioning and ceiling fans

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 40/2-4 Terranora Rd, Banora Point, NSW 2486

A timeline of how this property has performed in the market
Last Sold
$1,221,120
09 Sep 2016
  • 24 Mar 2023
    Listed for Sale $224,500 - Retirement
  • 09 Sep 2016
    Sold for $1,221,120
  • 23 Jan 2015
    Sold for $1,217,700
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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, 355 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.