5/40 Martinelli Avenue, Banora Point, NSW 2486 | Property Value & History | OnTheHouse
OFF MARKET

5/40 Martinelli Avenue
Banora Point NSW 2486

Bedrooms: 5
Bathrooms: 2
Car spaces: 1
Floor area: 113m2
Land area: 426m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 18 May 2026
Low

High
Save

Property Details for 5/40 Martinelli Ave, Banora Point

5/40 Martinelli Ave, Banora Point is a 5 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1995. The property has a land size of 426m2 and floor size of 113m2.

Building Type
Townhouse
Year Built
1995
Floor Size
113m2
Land Size
426m2
Local Government
Tweed

Last Listing description (August 2023)

Situated in the highly sought-after East Banora Point Estate this five-bedroom home offers unmatched value in the market Welcome to House 5, 40 Martinelli

The design has an effortless flow throughout the bright and airy living space. The home is complimented by tiled and timber floors with the added benefit of ceiling fans and ducted, zoned air conditioning providing a comfy atmosphere all year round. The modern kitchen is well-appointed with ample storage space, stone benchtops, stainless steel appliances, and a dishwasher. It is a functional and stylish space for culinary enthusiasts in the family. A large deck allows for extra entertaining space and a fully fenced yard gives pets and kids a safe space to play.

On the upper level, three bedrooms come with built-in wardrobes, offering plenty of storage. The master bedroom has the added advantage of private access to the undercover balcony. This level also includes the main bathroom, complete with a bathtub, and a separate toilet for convenience.

Downstairs, there is a second living space with its own entry door accessible via the laundry. This area can be utilized as a guest suite or a teenagers' retreat. Additionally, there are two more bedrooms on this level, along with a fully equipped and modern bathroom.

Off-street parking for two cars is available beside the home, and there is a development application (DA) for a carport to be built, which will provide additional covered parking space.

Overall, House 5, 40 Martinelli in East Banora Point Estate offers a versatile and spacious layout, making it suitable for extended families or those who desire extra living space. The most affordable house on the market Do not delay!

Double-glazed windows upstairs
Ducted A/C upstairs
Ceiling fans throughout
Dishwasher
1min to Daisy Bank Caf and array of shops
2mins to M1
5mins to Tweed City Shopping Centre & amenities
10mins to Tweed Heads Hospital
12mins to Gold Coast Airport and world-famous Coolangatta beaches

@ Tate Brownlee Real Estate We Open The Doors To Your Future!

DISCLAIMER: We have in preparing this document used our best endeavours to ensure the information contained 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 enquiries to verify the information contained in this document.

** Attention Clients: Due to the current COVID-19 pandemic we are here to ensure the safety and health of our buyers, sellers & tenants. Social distancing will be applied upon any inspections and we will run through a list of questions and rules before entering the home.

Property History for 5/40 Martinelli Ave, Banora Point, NSW 2486

A timeline of how this property has performed in the market
  • 10 Jun 2023
    Listed for Sale Price Guide $700,000 - $770,000
  • 26 Jul 2019
    Listed for Sale Not Disclosed
Commute Calculator

About Banora Point 2486

The size of Banora Point is approximately 12.2 square kilometres. It has 21 parks covering nearly 7.8% of 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 54.80% increase in median value, while Units have seen a 71.74% increase. As at 30 April 2026:

  • The median value for Houses in Banora Point is $1,225,286 while the median value for Units is $871,809.
  • Houses have a median rent of $990 while Units have a median rent of $795.
There are currently 50 properties listed for sale, and 8 properties listed for rent in Banora point on OnTheHouse. According to Cotality's data, 385 properties were sold in the past 12 months in Banora point.

Suburb Insights for Banora Point 2486

Market Insights
Banora Point Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Banora Point Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.