37 Banora Boulevard, Banora Point NSW 2486

37 Banora Boulevard, Banora Point NSW 2486
Elevated family house | large block | strong street demand | school catchment | proven growth A substantial detached family house is positioned on a large elevated block in a quiet street. The layout is expected to suit families wanting generous living space and multiple bedrooms. The elevated position is regarded as an advantage, with outlook and drainage likely to be better than lower-lying areas. The property is best suited to owner-occupier families, though its size and street presence are also seen as attractive to investors. Demand for well-presented family houses is reflected in recent price growth, and this property is placed comfortably in that competitive segment. Value may be shaped by renovation quality, kitchen and bathroom condition, and floor plan suitability. Usable outdoor space and side access should be factored. Appeal might be limited by dated interiors. Zoning and overlays may be relevant, though flood risk is likely reduced by the elevated position. Price expectations could be adjusted if updating is required. >> Comparable Sales: 49 Banora Boulevard sold for $1,050,000 | Property Price Band: $1.0M to $1.1M | Value Drivers: land size, condition, elevated location
Detailed Independent Property Report prepared  by PropCred Analyst team for 37 Banora Boulevard, Banora Point NSW 2486
Checks found:
Value Risk ! 1
Liquidity Risk ✕ 2
Planning Risk ✓
Income Risk ✕ 2
Execution Risk ✓
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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

Bedrooms

4

Bathroom

2

Parking

4

Land

785m²

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