17 Grassmere Court, Banora Point NSW 2486

17 Grassmere Court, Banora Point NSW 2486
4 bed 2 bath 3 car | larger than local norm | quiet court setting | family buyer focus | 3-car advantage A four-bedroom, two-bathroom house with three-car accommodation is positioned at the upper end of Banora Point’s typical stock. The extra parking bay is considered a practical edge over standard family homes, and the detached configuration on a substantial lot is suited to buyers seeking space without leaving the suburb. This property is best matched to established families or downsizers moving from larger acreage, given the emphasis on room count and vehicle storage. It is located within a residential pocket that is primarily detached housing, reinforcing its alignment with the local family market. The value of this property may be influenced by the condition of the interior, the orientation of the block, and any unseen site constraints. A level, north-facing lot might support a premium, while deferred maintenance could temper buyer enthusiasm. The presence of additional features such as a pool or updated finishes may add weight, but those factors are unconfirmed. Parking and land size are likely to remain the strongest influences, given the suburb’s family demand.
Detailed Independent Property Report prepared  by PropCred Analyst team for 17 Grassmere Court, Banora Point NSW 2486
Checks found:
Value Risk ✕ 2
Liquidity Risk ✕ 2
Planning Risk ! 1
Income Risk ✕ 2
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: 18 Banora Hills Drive sold for $580,000 | Property Price Band: $1.5M-$1.6M | Value Drivers: parking capacity, land size, family layout

Bedrooms

4

Bathroom

2

Parking

2

Land

1286m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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