4 Woodroffe Street, Terranora NSW 2486
This property is Off Market
- Last sold 8/29/2024 for $1,400,000. The Average property price in this area is $892,603, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 4.04 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 10/22/2024 2 CAMPFIRE CT $1,480,000
- 10/18/2024 1 ROSEMOUNT CT $1,155,000
- 10/16/2024 4 WINCHELSEA WAY $11,000,000
- 10/8/2024 18 ILLAWONG CRES $1,570,000
- 10/4/2024 14 ALTITUDE BVD $1,970,000
About Banora Point
With an average age of 40, households expect an average monthly mortgage payment of $2,108 or a weekly rent payment of $438. The average family earns a weekly income of $2,282 with a typical household size of 2.4 and a 99.57% employment rate.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Terranora due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Terranora leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Terranora the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Public Transport
Broadbeach North
Broadbeach South
Cavill Avenue
Cypress Avenue
Florida Gardens
Northcliffe
Surfers Paradise North
Surfers Paradise
HOTA, Home of the Arts
Surfers Paradise Ferry Terminal
General Points of Interest
South Tweed Indoor Swimming Complex
Piggabeen Sports Complex
Coolangatta Centaur Memorial
Piggabeen Sports Complex
Lovers Rock
Southern Cross University
Coolangatta War Memorial
Alleygators Palm Beach Currumbin Rugby Union Club
Recreation Centre
Tweed Mall
Snapper Rocks
Population
(Country of Birth not stated 5%)
Are people healthy?
There are a recorded 2397 asthma sufferers and 807 people living with diabetes. In addition, 1098 people have a heart/vascular condition and 1829 people live with three or more chronic diseases.A good place to invest in property?
Banora Point a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
New South Wales State average 59 / 100
Income
14 / 100
31 / 100
Industry
17 / 100
22 / 100
Population
15 / 100
19 / 100
House Prices
59 / 100
60 / 100
Jobs
19 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsCentaur PS Banora Pt HS
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Terranora Public School
Terranora, NSW, 2486 State K-6 -
Banora Point Public School
Banora Point, NSW, 2486 State K-6 -
Centaur Public School
Banora Point, NSW, 2486 State K-6 -
Lindisfarne Anglican Grammar School
Terranora, NSW, 2486 Independent K-12 -
Banora Point High School
Banora Point, NSW, 2486 State 7-12
Property Story
4 Woodroffe Street, Terranora, Nsw, 2486 is a residential property . The estimated distance to the sea is 4.04km and 0.77KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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