Banora Point Suburb Snapshot (Apr & May) - TC

Page 1

1st April - 31st May 2023

$2,000,000

Highest House Sale Price

MARKET INSIGHTS Banora Point 31

House sales achieved in the last 8 weeks

$915,000

Duplex/Town House sales achieved in the last 8 weeks

$855,000

Highest Duplex Sale Price

Median House Sale Price 21

$625,000

Median Duplex Sale Price

60 Average DOM

28 RWTE Average DOM

75% RWTE Auction Clearance *StatisticsfromPricefinderandpreliminaryAuctiondatafromRayWhite

58.3% Auction Clearance

Banora Point

1st February - 31st March 2023

ADDRESS SUBURB PARTICULARS PRICE DATE *All information sourced is from Pricefinder & this report provides an overview of all sales that have taken place in the area, by all agents not only those of Ray White Tugun/Elanora but other agencies as well In preparing this document we have used our best endeavours to ensure the information contained herein is true and accurate but we accept no responsibility and disclaim all liability in respect to any errors omissions inaccuracies or misstatements that may occur RECENT SALES 20 Firewheel Way 11 Firestone Drive Banora Point Banora Point 4b 2b 2c $915,000 $880,000 May 23 2/325 Darlington Drive 16 Clonakilty Close Banora Point $691,000 $934,000 May 23 May 23 4b 2b 2c 3b 2b 2c 4b 3b 2c 11 Nandina Terrace 12 Bione Avenue Banora Point Banora Point 4b 2b 2c $850,000 $1,022,000 May 23 May 23 19 Summit Drive 2/86 Honeymyrtle Drive Banora Point Banora Point $825,000 $625,000 May 23 May 23 5b 3b 2c 3b 1b 1c 2b 1b 1c 37 Riverside Boulevard Banora Point Banora Point 4b 2b 3c $930,000 $940,000 May 23 May 23 17 Kinross Close 4 Kerry Court Banora Point $910,000 $905,000 May 23 May 23 4b 2b 2c 4b 2b 2c 2b 1b 1c 13/7 Advocate Place 8 Terranora Road Banora Point Banora Point 5b 2b 3c $530,000 $649,000 May 23 May 23 7/14 Kingston Drive 16/13 Parkland Place Banora Point Banora Point $645,000 $835,000 May 23 3b 2b 1c 3b 2b 2c 4b 2b 1c 38 Summit Drive 272 Darlington Drive Banora Point Banora Point $1,015,000 $510,000 May 23 May 23 3b 2b 2c 2b 1b 1c 10/3-19 Amaroo Drive 11/7 Advocate Place Banora Point Banora Point - $530,000 $720,000 May 23 May 23 2/24 Manuka Road Banora Point $825,000 May 23 3b 2b 2c 3b 2b 2c May 23 May 23 Banora Point 9 Tralee Drive Banora Point $780,000 May 23 3b 2b 2c 62 Kimberley Circuit 59 Oyster Point Road Banora Point Banora Point 3b 2b 2c $1,036,000 $955,000 May 23 May 23 10 Somerset Avenue Banora Point 3b 2b 0c 5 White Fig Court Banora Point 4b 3b 4c $1,130,000 May 23
2/34 Cashel Crescent Banora Point 3b 1b 1c $657,500 May 23

Banora Point

1st February - 31st March 2023

ADDRESS SUBURB PARTICULARS PRICE DATE *All information sourced is from Pricefinder & this report provides an overview of all sales that have taken place in the area, by all agents not only those of Ray White Tugun/Elanora but other agencies as well In preparing this document we have used our best endeavours to ensure the information contained herein is true and accurate but we accept no responsibility and disclaim all liability in respect to any errors omissions inaccuracies or misstatements that may occur RECENT SALES 40/73-101 Darlington Drive Banora Point $560,000 1/46 Clonakilty Close 4/1 Macleay Court Banora Point $625,000 $550,000 May 23 May 23 3b 1b 1c 3b 2b 1c 2b 1b 1c 2/8 Covent Gardens Way 22 Curtawilla Street Banora Point Banora Point 3b 2b 2c $790,000 $750,000 May 23 Apr 23 79 Winders Place 2/68 Darlington Drive Banora Point Banora Point $813,000 $618,000 Apr 23 Apr 23 3b 2b 1c 3b 2b 2c 2b 2b 1c 5/3-7 Monterey Avenue Banora Point Banora Point 3b 2b 1c $562,500 $400,000 Apr 23 Apr 23 121/57-79 Leisure Drive 2/92-96 Greenway Drive Banora Point $565,000 $957,300 Apr 23 Apr 23 2b 1b 1c 3b 1b 1c 3b 2b 2c 1/4 Franklin Street 17 Old Ferry Road Banora Point Banora Point 4b 2b 2c $770,000 $1,600,000 Apr 23 Apr 23 2 St Andrews Way 1/25 Westwood Street Banora Point Banora Point $855,000 $985,000 Apr 23 4b 3b 3c 3b 2b 2c 4b 2b 2c 40 Birkdale Court 32/73-101 Darlington Drive Banora Point Banora Point $545,000 $950,000 Apr 23 Apr 23 2b 1b 1c 4b 2b 2c 12 Glen Ayr Drive 5 Kintyre Crescent Banora Point Banora Point 3b 1b 3c $795,000 $775,000 Apr 23 Apr 23 36 Glen Ayr Drive Banora Point $950,000 Apr 23 3b 2b 1c 5b 3b 2c May 23 Apr 23 Banora Point 7 Golf View Court Banora Point $700,000 Apr 23 3b 2b 1c 6/6 Advocate Place 2/132 Darlington Drive Banora Point Banora Point 3b 2b 1c $710,000 $896,500 Apr 23 Apr 23 14 Birkdale Court Banora Point 4b 2b 4c 23 Peter Street Banora Point 5b 3b 4c $1,275,000 Apr 23
$2,000,000 Apr 23 17 Walter Crescent Banora Point 5b 3b 4c 6 Narara Crescent Banora Point 3b 2b 2c $850,000 Apr 23

WHY SELL NOW?

A FEW WORDS WITH TUP CURTIS

April is always a quieter month in real estate and this year was no different Juggling school holidays, Easter and Anzac Day long weekends meant we only saw 20 working days in Australia These factors have possibly contributed to the drop in new listings coming to market, with the nation’s focus being pulled to other priorities

Overall we ’ re sitting at approximately 17 per cent fewer new listings compared to the same period last year

Buyers are expressing a frustration around availability of suitable properties; this could create a fantastic opportunity for anyone thinking of coming to market in the current climate

But what about the time of the year?

Some people feel winter is not the ideal time to place your property on the market, however the cooler months allow the opportunity to showcase some of your home’s features that you may not have considered Here are some tips for you to make your home feel welcoming if you are selling during the cooler months

Light it up

Ensure all of your light fittings are clean and in good working order Especially with mid-week twilight open inspections, having your home brightly lit will showcase the interior features as buyers make their way into the property

Warm it up

Heating should be on and fireplaces lit Showing how cosy your property is at a cooler time of the year, can really make a house feel like a home Let the sunshine in

Especially if you have north facing windows, open up the curtains and blinds and let the warming winter sun show your property’s year-round versatility

Outdoor spaces

Do you have an outdoor heater or fire pit? Get those stoked up and highlight the adaptability of your outdoor spaces in both warm and cool seasons

The way to the heart is through the stomach Having cookies or bread baking in the home as buyers pass through can make the experience even more enticing If you ’ re not a native cook, you can buy the frozen variety, it will do the job just as well

Keep it clean

Wet outdoor areas can create havoc as people transition from outdoor to indoor spaces Make sure you have new, clean doormats, both indoors and out You can consider asking people to remove their shoes as they move from outdoors to indoors to keep your floors clean and tidy

Seasonality aside, the persistent shortage of new housing, rental properties and increased migration are putting significant demand on the second-hand housing market Buyers don’t choose to buy because the daffodils are in bloom, they’re driven by factors much more meaningful than that There is high demand and low supply; now could be a fantastic time to sell your property

ELITE AGENT, ELITE EXPERIENCE The Tup Curtis Team

Tup has delivered a truly unique and unmatched level of creativity to the industry for over 13 years Known for her out-of-the-box thinking, she is a well-known member of the community and passionate about sharing the lifestyle that comes along with being a local.

Across all touch points within every transaction, she’s elevating the expectations in service and the commitment to deliver, and in turn, make one of life’s great stresses, anything but. And it’s Tup’s character, negotiation skills and refined attitude that takes it to the next level having helped hundreds of families moved to and from the area.

Forever one step ahead, Tup is uncompromising in her dedication to continually be better than yesterday For the client, for the future, for her team and family, and this vision is mirrored in the wider Ray White Tugun Elanora Group a collective of like-minded operators in drive and delivery Shaping real estate expectations while creating a legacy of ambition, dedication and perfection

C L I C K H E R E F O R A N O B L I G A T I O N F R E E P R O P E R T Y A P P R A I S A L C U R I O U S T O K N O W H O W T H E S E R E C E N T R E S U L T S M A Y H A V E I N F L U E N C E D T H E P R I C E O F Y O U R P R O P E R T Y ? Tup Curtis | Proudly Ray White | 0424 987 144 | tup.curtis@raywhite.com

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