17/1A Pioneer Parade, Banora Point NSW 2486
17/1A Pioneer Parade, Banora Point NSW 2486
| No bushfire risk | Flood overlay detected | Quiet complex end position | Crimsafe security | Low-maintenance modern design |
This property carries a flood overlay risk that may limit future insurance options and resale buyer pools, costing the buyer measurable negotiating leverage at resale. The position at the end of a quiet street in a small complex delivers rare privacy for a townhouse, supporting above-average capital growth in the double-storey villa segment. The property is best held as a low-maintenance residence or lock-and-leave investment.
Competitively, a ten-year-old townhouse with Crimsafe, stone benches, and a private courtyard in Banora Point is a narrow supply segment that commands premium pricing over older stock. These features translate directly into tenant desirability and owner-occupier appeal, reducing vacancy risk and supporting valuation against comparable units. This property serves first-home buyers seeking secure modern living or investors chasing a higher-yield alternative to high-rise units.
Comparable sales show this property transacted at $730k in early 2025, indicating a market that has since moved upward. The current guide at $800k aligns with that trajectory when adjusted for the cycle timing, suggesting the price is within a realistic range for a buyer who values the specific amenity and low-maintenance position.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
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.