65 Terranora Road, Banora Point NSW 2486
65 Terranora Road, Banora Point NSW 2486
4 bed 347sqm on 777sqm | 90% owner-occupied street | 67% clearance rate | 3 bath, 2 car
The propertyโs generous internal area of 347sqm on a 777sqm block is rare in Banora Point, offering genuine space advantage over typical new builds. The 90% owner-occupancy rate on Terranora Road signals low turnover and stable demand, while the 67% auction clearance rate locally suggests competitive buyer activity. Combined with strong school catchment proximity, this house suits families seeking long-term hold potential in a tight supply market.
The 2012 last sale price is now dated, creating valuation uncertainty given no recent comparable sales surfaced; buyers should budget for possible renovation costs given the propertyโs age profile. The distinct retirement facility at the same street number introduces potential confusion but no direct risk. Opportunity lies in the blockโs size for future subdivision or extension, though this requires council confirmation. Hold for capital growth or occupy for lifestyle depth.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 65 Terranora Road, Banora Point NSW 2486
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.