3 Walter Cres, Banora Point NSW 2486

3 Walter Cres, Banora Point NSW 2486
Ocean views tilt risk | solar panels unverified | rental yield works only at top band | last sold private, no price anchor The elevated position delivers genuine amenity but carries a measurable premium. Ocean views and cooling breezes drive desirability, yet the solar panel claim at 80% confidence and unverified building envelope introduce due diligence cost. The rental range suggests a yield at 3.1% to 3.8% gross, viable only near the upper bound. This property suits an owner-occupier who values views over rental return; holding for capital growth is defensible given tightly held street stock. The 650sqm lot in East Banora Point with four garage spaces and 263sqm building footprint is competitively rare for a family home. School catchment and no overlay risks reduce buyer friction. Best suited to a buyer prioritising long-term family living with optional future subdivision potential. To confirm value, you must commission a building inspection for the solar and roof height claims before the expression of interest deadline.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Banora Point presents as a mature, high-demand coastal market, characterised by strong capital appreciation and a notably active sales environment. Demand is driven by its established residential appeal, attracting both owner-occupiers and investors, as evidenced by rapid sales and significant rental growth. The market exhibits robust price momentum across both houses and units, with conditions favouring sellers given low average days on market. Future growth is underpinned by sustained buyer interest and tight rental conditions, though the established price point may present an affordability constraint for some entrants.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

4

Land

650mΒ²

Assessments Delivered Today

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