Banora Point Real Estate - Suburb Insight.
Banora Point is a beautiful area of the Tweed Valley. The Banora Point region covers about 12 square kilometres, and is a fast growing coastal community, providing some great real estate opportunities for those that think they will fit into this great suburb.
Household Structure of Banora Point
Source: RP Data
Median Sale Price of Banora Point Real Estate
Source: RP Data
The Banora Point community is made up predominantly of couples with children, and the layout of the area reflects this family oriented theme. The residents are serviced by a large selection of quality schools all within a maximum of five minute drive from each other, and a choice of child care centres is also available for the younger children. Because of the high number of children living in the Banora Point area, the largest age group of the community is about 10-19 years - showing that the future is very bright for Banora Point.
The couples of the area are, in general, employed in clerical jobs in the surrounding prolific Tweed Heads business region. Banora Point real estate is becoming a more and more attractive option for these working parents, as the region represents a great place to live without the hustle of the Tweed Heads CBD. The population has increased 23% in the period from 1996 to 2001, to a total of 10,109 residents. Banora Point home owners increased over the same period, from 69% to 71%.
These statistics prove that the suburb of Banora Point is an attractive and popular place to live. Whether you are raising a family or looking for a stylish affluent community, Banora Point offers the best of both worlds. The average Banora Point real estate price is approximately $340,000 - which is a little lower than previous years, but still at a competitive level. Anyone wanting to make the move to become a Banora Point resident still cannot afford to let any real estate offers pass, or they may miss out on becoming a part of one of the region's best communities.
