Terranora RoadBanora Point NSW 2486
Property Details for Lot 12 Terranora Rd, Banora Point
Last Listing description (May 2016)
With development activity increasing in Tweed Heads, Coolangatta and Banora Point this is the opportunity to purchase a great block of land at the end of a cul-de-sac.
This land parcel could be used for a townhouse development (SCTA) and is ready and waiting. The owner is very serious selling the property and this provides a great opportunity.
The blocks attributes are as follows:
* Less than 2km to local shopping centres, clubs, schools, golf courses and the new upgraded m1 motorway.
* Previous DA Approval for a 5 block subdivision
AGENTS COMMENTS:
This site has numerous possibilities and is a great opportunity for developers, land bankers and someone who wants to build a large home and have plenty of space around you.
All plans and prior approvals are available for viewing from the agent.
Property History for Lot 12 Terranora Rd, Banora Point, NSW 2486
- 10 Jul 2024Sold for $1,095,000
- 28 Jun 2018Sold for $355,000
- 17 Mar 2016Sold for $335,000
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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 8,221 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.
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