Banora Point, NSW 2486

Banora Point has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.5% gives a usable rent-to-price starting point. Capital growth of +6.7% in the past year shows positive recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

The median property price in Banora Point, NSW 2486 is $1.3M for houses and $890K for units.

The gross rental yield in Banora Point is 4.2% for houses and 4.5% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

House prices in Banora Point are up 6.7% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

The current vacancy rate in Banora Point is 1.0%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

Banora Point has a population of approximately 16,460 residents, with a median age of 49.

There are 17 schools within roughly 5km of Banora Point. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

A median house in Banora Point costs about 19.8 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

The population of Banora Point has grown modestly, about 4% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.