16/73-101 Darlington Drive, Banora Point NSW 2486
16/73-101 Darlington Drive, Banora Point NSW 2486
Single-level 2-bed villa | Fairway Gardens complex | solid tenant demand | low-maintenance living | entry-level Darlington Drive
This property is positioned as a single-level, two-bedroom villa in the established Fairway Gardens complex, where compact, low-maintenance living is offered to downsizers, first-home buyers, and investors alike. Everyday convenience is provided by its location on Darlington Drive, with shopping, club, and M1 access close at hand. A pool and covered entertaining area are included in the complex, and the villa is typically fitted with built-in robes, air-conditioning, and a remote garage. When compared with the larger detached houses on the same street, this property is placed at the entry-level end of the market, giving a more accessible price point without losing location appeal.
Condition and presentation may be considered the main value lever, as much of the stock is functional but original, and a refresh could be seen as an opportunity. Body corporate fees and shared strata responsibility might be weighed carefully by buyers seeking full autonomy. The outlook is likely to be internal or suburban rather than elevated, so growth may be expected to track the broader villa market.
>> Comparable Sales: 46/73-101 Darlington Drive (2-bed villa, ~$365k) and 114 Darlington Drive (4-bed house, sold 2022) | Property Price Band: $350k–$450k | Value Drivers: condition, complex setting, low-maintenance demand
Detailed Independent Property Report prepared by PropCred Analyst team for 16/73-101 Darlington Drive, Banora Point NSW 2486
Checks found:
Value Risk
✕
2
Liquidity Risk
✓
Planning Risk
!
1
Income Risk
✕
2
Execution Risk
!
1
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.