Banora Point, 2486 ranked 549th in NSW when comparing growth in median property values or capital gain over the last 12 months. Banora Point is one of 3162 in our list for NSW
Banora Point,2486 was ranked 1558 in Australia by increase in median property value over the quarter.
Vendor discounting in Banora Point is giving property investors an average Vendor Discount of around -4.22%. This puts suburb at number 885th in NSW when ranking the most discounted suburbs.
On average over the past year, suburb has had 25.08 sales per month, which equates to 301 per year.
With the median price for a house in Banora Point being $530000 and the advertised rent reaching $485 the gross rental yield for property investors calculates out to be 4.76%
Investment property in Banora Point has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.09%
A 4.35% growth in median value for property investors in Banora Point,2486 puts this suburb at number 172th in terms of best performing suburbs in NSW
Sellers are offering property buyers an average discount of -3.57% to buyers in Banora Point at the moment, which is less than average for the rest of NSW.
The NSW suburb of Banora Point, 2486 is in the Tweed local government area.