Amazing views and location at Banora
By Jo Kennett
AFTER A big rise in prices followed by a fall over 2022/2023, Banora Point property is back on the move again.
It’s another suburb that was, not so long ago, incredibly cheap considering that half of it has some of the best views on the coast.
The median home price back in 2019 and 2020 was in the low $600,000s, representing some of the best value in the region and hot property for canny investors.
Banora joined the million dollar property club in 2022 — along with half the Tweed Coast — but once everyone calmed down about missing out on the best picks, prices dropped to a median of around $925,000 midway through last year.
Now they are rising again, up 14.6 per cent in the last 12 months to a median of $1.02 million.
Units jumped from around $440,000 in 2019/2020 to $685,000 in 2022.
The correction was much less when it came in, with prices only down to around $635,000 mid-2023.
Since then they have experienced similar growth to houses, up 13.9 per cent
over the past 12 months to a median of $726,000.
That’s some of the best numbers around as far as price growth goes over the past year, which is nice to know if you happen to be living there, especially if you are looking out over the Tweed River to Fingal and Cook Island. You have done well and I’m jealous because it’s seriously one of the most underrated and beautiful areas in the shire and close to everything.
Last month Banora Point had 32 properties available for rent and 85
Open Homes
Saturday, August 10
Tate Brownlee
• 2/21 Beach Street, Kingscliff, 9-9:30am
• 1/20 Magnolia Crescent, Banora Point, 9-9:30am
• 2 Cambridge Court, Kingscliff, 10-10:30am
• 2/6 Lochlomond Drive, Banora Point, 10-10:30am
• 1/10 Kintyre Crescent, Banora Point, 11-11:30am
• 4 James Cook Drive, Banora Point, 11-11:30am
• 14 Market Parade, Terranora, 12-12:30pm
• 2/36 Recreation Street, Tweed Heads, 12-12:30pm
• 11 Trutes Terrace, Terranora, 1-1:30pm
• 81a Old Ferry Road, Banora Point, 1-1:30pm
• 14 Hibiscus Parade, Banora Point, 2-2:30pm
• 8 Ellis Street, Banora Point, 2-2:30pm
• 31/15 Kingston Drive, Banora Point, 3-3:30pm
properties for sale. Houses in Banora Point are currently renting out for $820 per week and units rent for $650, which is a great return for investors.
While you can’t get the gem homes here as cheaply as you once could, it’s still a fantastic place to live and one that will continue to grow in popularity.
Whether you are looking for a home in a great location or an investment property with top returns, you will definitely come up a winner if you choose Banora Point.
• 2/4 Parkland Place, Banora Point, 3-3:30pm
• 17/18 Brett Street, Tweed Heads, 4-4:30pm
Schmith Estate Agents
• 18/14 Lorikeet Drive, Tweed Heads South, 12-12.30pm
• 159 Bilambil Road, Bilambil, 1-1.30pm
JET Real Estate
• 27 Silkpod Ave, Murwillumbah, 9:30-10am
• 103 Commercial Rd, Murwillumbah, 10:30-11:00am
• 133 River St, Murwillumbah, 11-11:30am
• 1/34 Beryl St, Tweed Heads, 11-11:30am
Evergreen Exclusive Estates
• 6 Palm Road, North Tumbulgum, 11-12pm DJ Stringer Property Services
• 5/22 Garrick St, Coolangatta, 9-9:30am
• 9/24 Dutton St, Coolangatta, 10-10:30am
Hot property
THIS WEEK’S Hot Property is one we’re fighting over in the Weekly office, with our advertising guru swearing she’s only a couple of bob short and me keen to arm wrestle her for the keys to this Cudgera Creek beauty.
A sweeping driveway leads you to Forestdale, at 22 Cabbage Gum Road, an absolutely gorgeous property set on five acres. The character-filled man house has timber features, two bedrooms with ensuites, open plan living and a huge outdoor entertaining area wrapped around a sparkling blue 15 metre solar-heated pool which looks down to a lovely big spring-fed dam.
There is a chicken coop and goat enclosure with three fourlegged lawnmowers part of the package.
There is also an open plan three-bedroom guest house with a barbecue area and a fully self-contained studio, which is perfect for a big family or rental income.
There is a games room, three carports, two study/bedrooms or utility rooms linked to the main home, as well as a double garage and huge workshop.
There are park-like gardens with fruit trees, wastewater treatment systems, and two 30,000 litre water tanks.
All of this is only ten minutes from the beautiful beaches of Pottsville and is on the market with DJ Stringer with a price guide of $2.5 million to $2.75 million.
• 4/3 Island Dr, Tweed Heads, 10-10:30am
• 20 Eliza Fraser Court, Terranora, 11-11:30am
• 22 Cabbage Gum Rd, Cudgera Creek, 11:15-12:00pm
• 11/3-5 Barrett St, Tweed Heads West, 12:15-12:45pm
McGrath
• 707/38 Enid Street, Tweed Heads, 10:30-11am
• 1/56 Kennedy Drive, Tweed Heads, 12:30-1pm
• 3041/2 Thomson Street Tweed Heads, 11:30am-12pm
• 140 Riverside Drive Tumbulgum, 12:45-1:15pm
• 10 Durigan Place, Banora Point, 10-10:30am
• 8/40-48 Kamala Crescent, Casuarina, 11-11:30am
• 8 Guilfoyle Place, Cudgen,12-12:30pm
• 6 Brett Street, Tweed Heads, 9:30-10am
• 187/1 Mariners Drive, West Tweed Heads, 11:30-12pm
Above: 10B Burrawong Court, Banora Point, is for sale with Kel Judd Real Estate
Right: 14 Hibiscus Parade, Banora Point has ocean views and is for sale with Tate Brownlee
22 Cabbage Gum Road, Cudgera Creek
Tweed Broadwater - Tweed Heads South
Chinderah Lakes - Chinderah
Colonial Tweed - Tweed Heads South
Ingenia Lifestyle - Kingscliff
Tweed Broadwater - Tweed Heads South
Tweed Shores - Chinderah
Tweed Billabong - Tweed Heads South
Ingenia Lifestyle - Kingscliff
6 Palm Road, North Tumbulgum
60 acres | 5 brm home | 3 levels with potential for dual living | spring-fed water supply | dam shedding with workshop | quality fencing & yards
Price - $2.6m - Ready to Sell Inspect Saturday - 11am - 12pm
Situated within the magic drive zone of 25 mins to just about everything, this beautifully private 60 acres is an extremely rare opportunity to secure a parcel of this size in a great location.
Assured privacy, great elevation (flood-free), beautiful views, easterly breezes, abundant water and fantastic infrastructure is in place across approx. 35 acres of clear, all arable paddocks. The parcel is easily managed and currently runs 10 cows with their calves easily, all year round and is ideal for horses or any livestock of choice.
Enjoy bushland at your back door with abundant wildlife and birds in this peaceful and quiet setting within easy reach of lifestyle amenities and schools. ‘Wyalusing’ could be just what you’ve been looking for.
This top quality family home is set at the end of a quiet cul-de-sac on the sought after Tweed Heights Estate in Banora Point.
The practical layout and low maintenance design of the gardens and grounds should appeal to busy professionals, time poor families or buyers searching today’s real estate market for a dual living opportunity.
Being offered for the first time since its construction in 1986, the property warrants a
• 4 bedrooms, 2 bathrooms plus powder room.
• Huge rumpus room – ideal as a teenager’s retreat, guest accommodation, work from home office or can easily be transformed into a fully self contained living area.
• Fastidiously maintained throughout with renovated hostess kitchen and bathrooms.
• Elevated position with great rural and lake views.
• Short stroll to Tweed Heights Shopping Village where the tenancies include: - supermarket, bakery, bottle shop, post office, coffee shop and others.
• Minutes to a number of primary + secondary schools, as well as sports fields and Twin Towns Juniors.
thorough inspection to fully appreciate the many features and extras not obvious at first glance. The presentation is immaculate throughout and the functional floor plan flows from formal to casual to perhaps the most popular living space in the home, the large covered alfresco area, which has been the go to place for lots of Christmas gatherings, family get togethers and other celebrations for many years.
4 2 2
• The low maintenance gardens + grounds need minimal attention and that means more quality time for leisure and family activities.
• Parkland on two sides.
• Too many features to list, but include direct NBN connection to the home, ducted air conditioning and solar panels + hot water.
• Oversize double garage with oodles of room for a workbench, bikes and other big kids’ toys.
“Much, much more than meets the eye!”
$1,295,000
Inspections by Appointment
kel@keljuddrealestate.com.au
Charlize
159 BILAMBIL ROAD, BILAMBIL
PICTURESQUE, POSITION AND LIFESTYLE ACREAGE PERFECTION
5 BEDROOMS | 2 BATHROOMS | 4 CAR
OPEN FOR INSPECTION
WEDNESDAY, SATURDAY & SUNDAY 1:00PM - 1:30PM
Idyllic rural aspect with an exciting integration of ecosystem, fertile soil and a generous multi-generational homestead residence set with endless vista views offers a private lifestyle property without compromise, setting the scene for a unique entertainer lifestyle set in the coveted Bilambil Valley. Set upon 15 acres (approx.) of fully fenced and well-pastured land with expansive creek frontage, a picture of pride introduces a classic ranch-style family residence that is immediately impressive, offering beautifully presented, supremely comfortable and super generous formal and informal living and entertaining spaces set amidst serene ga rden surrounds. Generously zoned for the modern family, this entertainer’s paradise is light and open, with countryside vista views from every vantage point and a seamless connection with the outdoors. A cosy wood heater warms a generous formal living area and easily connects with the adjacent living and dining area serviced by the gourmet stone kitchen comprising modern appliances, abundant storage and preparation space leading out to the all-weather alfresco entertaining area. An oversized rumpus room with wet bar leads out to yet another outdoor entertaining area offering the perfect location for sundowner drinks and dinner parties, whilst a spectacular magnesium inground swimming pool and lush lawned expanses ensure the largest of gatherings and family get-togethers are easily catered to. S et across its expansive floorplan, five bedrooms are zoned for maximum privacy and include a king-sized master with a walk-in robe and spa ensuite. A central family-sized bathroom, separate laundry and double garage with internal access complete the offering, with the bonus of a fully self-contained granny flat boasting a generous living/dining, full kitchen, separate bedroom and bathroom for superi or multi-generational living for senior family members or adult children looking for extra space and privacy. Other property highlights include air conditioning, two dams, shed with 3-phase power and established horse riding trails set on the property. Positioned in lifestyle perfection, the property offers a central location with a quiet rural aspect within easy access to the M1 Freeway and close to Gold Coast’s beaches, shopping and entertainment precincts, Snapper rocks and Coolangatta and Tweed Heads central business districts and within an easy drive of Byron Bay.
3 BEDROOMS | 2 BATHROOMS | 1 CAR OPEN FOR INSPECTION SATURDAY & SUNDAY 12:00PM -12:30PM
The laid-back appeal of absolute excellence and modern convenience sets the tone for this architecturally designed, three-bedroom family townhouse with inspiring indoor/outdoor connectivity and a convenient lifestyle position. From a serenely private and streamlined façade, low-maintenance surrounds are matched with paredback luxury set across two levels and introduced by an open plan layout underpinned by tiled floors and bathed in natural light from walls of glass and soaring 9ft ceilings. Seamlessly connecting with the private alfresco courtyard, a generous living and dining experience complements a central gourmet kitchen boasting the contemporary appeal of two-tone cabinetry, stone benches and stainless steel appliances. Upstairs, three generously sized bedrooms include the north-facing master suite with walk-in robe, resort-style ensuite and private balcony. Two further bedrooms offer built-in robes with a central family-sized bathroom featuring separate bath and shower. Impeccably presented, additional highlights include a ground-floor powder room, European laundry, air conditioning, ceiling fans plus single lock up garage with internal access. Positioned within 'The Villas Fraser Cove', this property encapsulates the essence of modern coastal living. Perfect for owner-occupiers and investors alike, it is set within moments of quality local schools, vibrant shopping and dining precincts, and within 10 minutes of Coolangatta and Kirra surf beaches. Easy access to the M1 puts you within an effortless drive of Kingscliff and Byron Bay to the south and Surfers Paradise and Brisbane to the north.
• Rental Appraisal $850 per week
• Body Corporate $191 per week
• Council Rates $3,150 approximately per year
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