1/44 Honeymyrtle Drive, Banora Point NSW 2486

1/44 Honeymyrtle Drive, Banora Point NSW 2486
large 777sqm duplex lot | elevated north-easterly outlook | quiet residential pocket | light-filled interiors The propertyโ€™s configuration on a generously sized lot is uncommon for a duplex, offering more privacy and outdoor space than typical. Its elevated position captures north-easterly breezes and natural light, enhancing liveability. This combination positions it well for buyers seeking a low-maintenance lifestyle without sacrificing space. It is likely most appealing to downsizers or professional couples who value outlook and tranquillity. The quiet pocket further reinforces its appeal as a settled, private residence. The age and condition of internal finishes are not specified, so a detailed inspection is recommended. The buyer pool might be narrowed by the duplex format compared to detached houses, and this could influence marketability. Value is strengthened by the land size and aspect, but any deferred maintenance might be an offsetting factor. These considerations should be weighed when forming a view on price.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 1/44 Honeymyrtle Drive, Banora Point NSW 2486
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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

3

Bathroom

2

Parking

2

Land

777mยฒ

Assessments Delivered Today

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