Median Sale Price
House
$660K
Updated on Dec 2020
2 BR $555K | 3 BR $604K | 4 BR $705K |
Unit
$465K
Updated on Dec 2020
1 BR $367K | 2 BR $373K | 3 BR $520K |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $480,000 | 0.0% | $230,000 | $1,150,000 | 227 |
| 2010 | $485,000 | +1.0% | $225,000 | $2,193,750 | 187 |
| 2011 | $450,000 | -7.8% | $280,000 | $1,350,000 | 198 |
| 2012 | $425,000 | -5.9% | $244,000 | $1,170,000 | 271 |
| 2013 | $430,000 | +1.2% | $185,000 | $925,000 | 281 |
| 2014 | $459,000 | +6.3% | $160,000 | $1,050,000 | 230 |
| 2015 | $495,000 | +7.3% | $233,500 | $1,020,000 | 205 |
| 2016 | $540,000 | +8.3% | $294,000 | $3,657,500 | 214 |
| 2017 | $600,000 | +10.0% | $280,000 | $2,650,000 | 232 |
| 2018 | $640,000 | +6.3% | $350,000 | $1,400,000 | 176 |
| 2019 | $619,000 | -3.4% | $345,000 | $1,550,000 | 218 |
| 2020 | $655,000 | +5.5% | $350,000 | $1,545,000 | 226 |
| 2021 | $870,000 | +24.7% | $475,000 | $870,000 | 2 |
Median Sale Price
$655K
Based on 224 recorded sales within the last 12 months
Updated on 16 Jan 2021
Suburb Growth
+5.1%
Current Median Price: $655,000
Previous Median Price: $621,700
Based on 439 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2020)
Price Range Segments (12 months ending Dec 2020)
Median Weekly Rent Price
House
$598
Updated on Dec 2020
2 BR $450 | 3 BR $560 | 4 BR $650 |
Unit
$450
Updated on Dec 2020
1 BR $390 | 2 BR $420 | 3 BR $470 | 4 BR $525 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $450 | 0.0% | $250 | $650 | 76 |
| 2012 | $430 | -4.7% | $295 | $700 | 92 |
| 2013 | $440 | +2.3% | $270 | $750 | 155 |
| 2014 | $475 | +7.4% | $225 | $1,400 | 107 |
| 2015 | $480 | +1.0% | $275 | $1,350 | 154 |
| 2016 | $520 | +7.7% | $185 | $700 | 121 |
| 2017 | $550 | +5.5% | $390 | $980 | 138 |
| 2018 | $580 | +5.2% | $365 | $3,000 | 110 |
| 2019 | $580 | 0.0% | $320 | $870 | 123 |
| 2020 | $630 | +7.9% | $400 | $1,500 | 137 |
| 2021 | - | - | - | - | - |
Median Rent Price
$630
per week
Based on 134 recorded rent within the last 12 months
Updated on 16 Jan 2021
Rent Price Growth
+7.9%
Current Median Rent: $630
Previous Median Rent: $580
Based on 258 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5%
Current Median Price: $655,000
Current Median rent: $630
Based on 358 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2020)
Auction Results For Banora Point
Houses sold in Last 12 months ends 9 Jan 2021
$655K
Median Sale Price
100%
Clearance Rate
10/10
Sold/Reported
$808K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $800 K - $1 M | 1 | |
| $600 K - $800 K (Median Price Range) | 6 | |
| $400 K - $600 K | 2 | |
Similar Suburbs to Banora Point 2486
Based on median house sale price sold in last 12 months
Schools closest to Banora Point, NSW 2486
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| St Joseph's Primary School | ENID STREETTweed Heads 2485 | Primary | Catholic | 0.53 km |
| Tweed Heads Public School | STUART STTweed Heads 2485 | Primary | Government | 1.94 km |
| Tweed Heads South Public School | HEFFRON STTweed Heads South 2486 | Primary | Government | 1.94 km |
| Tweed River High School | HEFFRON STREETTweed Heads South 2486 | Secondary | Government | 1.99 km |
| Lindisfarne Anglican School | Tweed Heads 2486 | Combined | Independent | 2.16 km |