2/3 Bluegum Boulevard, Banora Point NSW 2486
2/3 Bluegum Boulevard, Banora Point NSW 2486
2-bed duplex fully renovated | tropical private garden | low-maintenance living | single car space | quiet family pocket
What is competitively strong about this property is its fully renovated condition in a suburb where many older duplexes remain untouched. The contemporary kitchen and two bathrooms provide a modern standard that reduces immediate upgrade costs for a buyer. The private tropical garden is a rare find for a unit of this type, offering outdoor space without the upkeep of a larger block. This property serves best as a turnkey home for a downsizer, a professional couple, or an investor seeking a low-maintenance holding in a peaceful residential area. Its position in a quiet pocket of Banora Point appeals to buyers who want a settled, family-friendly environment rather than a high-density zone.
What might materially affect value is the single parking space, which could limit appeal for households with two cars or visitors. The internal floor area of around 100 to 110 square metres is modest for a two-bedroom layout, so the sense of space may feel tighter than in larger units. The significant price appreciation since its last sale in 2019 may reflect the renovation, but a buyer should weigh whether the current price fully accounts for the property’s unit status versus standalone houses nearby. The absence of shared amenities is typical for this type, but it may be a factor if comparable properties offer extras.
Detailed Independent Property Report prepared by PropCred Analyst team for 2/3 Bluegum Boulevard, Banora Point NSW 2486
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
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
2
Bathroom
2
Parking
2
Land
808m²
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