16 Curtawilla Street, Banora Point NSW 2486
16 Curtawilla Street, Banora Point NSW 2486
Compact 660m² block in a tight-knit street | Strong owner-occupier demand at 85% | Undersupplied relative to larger neighbours | Quick suburb turnover of 26 days.
This property’s competitive advantage lies in its positioning within a street dominated by long-term owners, where only 15% are rentals. The 660m² block, while smaller than neighbours, offers a realistic entry point into a suburb where the typical three-bedroom house sells in under a month. The absence of bushfire, flood, or heritage overlays simplifies due diligence, and the proximity to Banora Point Public School makes it practical for families. It suits buyers seeking a solid, low-maintenance home in a stable pocket rather than a renovation project.
The main risk is the land size being 27% smaller than the two comparable properties on the same street, which may limit future subdivision or extension potential. However, this also means less competition from developers, and the strong owner-occupier profile suggests price stability. The 2004 last sale date indicates infrequent turnover, so the property may lack recent upgrades. Buyers should inspect for deferred maintenance, but the quick suburb clearance rate signals that well-priced homes here do not linger.
Detailed Independent Property Report prepared by PropCred Analyst team for 16 Curtawilla Street, Banora Point NSW 2486
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
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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
1
Parking
-
Land
660m²
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