9 Westray Avenue, Banora Point NSW 2486
9 Westray Avenue, Banora Point NSW 2486
3 bed | 1 bath house | 656 mยฒ lot | inconsistent parking | detached suburban form
This property is competitively positioned as a traditional detached house on a substantial 656 mยฒ lot, a configuration that is increasingly rare in established suburban settings. Its three-bedroom, one-bathroom layout serves owner-occupiers seeking family-friendly space without high-density compromise. The land area provides potential for future extensions or outdoor amenity, which strengthens its appeal relative to newer, smaller-lot developments. The prior sale at $850,000 in late 2021 and current market conditions suggest this house sits in a stable, low-rise neighbourhood where detached stock commands consistent demand from buyers valuing land and privacy over modern finishes.
The parking discrepancy between one and two spaces may affect convenience for multi-car households, potentially narrowing the buyer pool. The single bathroom could be a limitation for families or those expecting ensuite accommodation, though it aligns with the property’s age profile. The lack of verified renovation or build year introduces uncertainty about maintenance costs, which might influence perceived value. Buyers should weigh the land-to-dwelling ratio against the need for updates, as the house’s condition could materially impact final price negotiations.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 9 Westray Avenue, Banora Point NSW 2486
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.