1 Tecoma Place, Banora Point NSW 2486
1 Tecoma Place, Banora Point NSW 2486
Quiet established pocket | family-sized house layout | strong local school catchment | traditional build with formal spaces | likely 700–800m² block
This property sits in a mature, low-density part of Banora Point where family houses on generous lots are the dominant form. The configuration—four bedrooms, multiple living zones, and secure parking—aligns closely with what local buyers in this corridor are seeking, particularly those prioritising space over proximity to the coast. The traditional façade and manicured gardens give it immediate street appeal, and the formal lounge and dining areas offer a layout that suits growing families or buyers wanting separation between everyday living and entertaining. It serves best as a long-term family home, with schools, shopping, and M1 access within easy reach, making it a practical choice rather than a lifestyle novelty.
The value picture may turn on how the interior condition compares to the polished presentation of nearby stock. Renovation quality, the state of the kitchen and bathrooms, and whether the outdoor entertaining area has been updated could meaningfully influence buyer perception. The lack of confirmed land size or building age means the final price may hinge on how the block sits and whether there is room for future extension or reconfiguration. A buyer should weigh the cost of any likely upgrades against the asking price, and consider that established homes in this pocket often trade on presentation as much as on land area.
Detailed Independent Property Report prepared by PropCred Analyst team for 1 Tecoma Place, Banora Point NSW 2486
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
Banora Point, in NSW’s 2486 postcode near Tweed Heads, is a mature market where houses trade faster than nearby suburbs, at a median of $1.225 million with 7.8% compound growth, while units have risen 16.1% to $815,500. Demand is driven by older professionals, with a median age of 50 and 3,058 monthly searches. Houses sell in 29 days, and house rents are up 12.5% to $900 weekly. Supply is steady at 63 dwellings listed monthly, with 86–241 house sales in the past year. Growth is supported by strong buyer interest and rental demand; however, affordability is the key constraint, as median prices outpace income levels, and rate sensitivity remains unquantified.
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PropCred Estimated Value
Comparable Sales: 19 Elm Place sold $1.27M; 65 Terranora Road sold $1.3M | Property Price Band: $1.2M–$1.3M | Value Drivers: condition, land size, layout flexibility
Bedrooms
3
Bathroom
2
Parking
4
Land
568m²
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