Banora Point, NSW 2486
Banora Point property market
Banora Point's busiest market is house sales, with 275 sales (down 2.5%) at around $1.212M (up 11%) as of July 2026, taking about 29 days to sell (up from 22 days last year), among NSW's most in-demand house markets, with 3-bedroom making up around 4 in 10.
Unit sales come next, with 144 sales (down 12.2%) at around $885k (up 6.1%), taking about 26 days to sell (up a lot from 16 days last year), more sought-after than most unit markets in NSW, with 3-bedroom homes making up around 60%. Rounding it out, 99 house rentals at $995 a week (up 9.9%), more sought-after than most house rental markets in NSW. 76 unit rentals at $800 a week.
Who lives hereA below-average-income, mostly owner-occupied, retirement-age suburb.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Banora Point demographics & population
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
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InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby
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Who lives in Banora Point?
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Share of all residents by 5-year band · hover a band for the count + split
A strongly multicultural community with deep migrant heritage.
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Housing & affordability in Banora Point
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Income & employment in Banora Point
Incomes, employment, and the occupation mix of the people who live here.
A typical household pulls in about 2.3× the typical individual — a multi-earner area.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Getting around Banora Point
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Education · ACARA My School 2025
Schools in and around Banora Point
5 schools inside Banora Point, plus the closest options around it. Families can choose from 3 primary schools in Banora Point and its surrounds, and 2 high schools covering the secondary years. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.
- Within Banora Point · 5Order by
- 1St Joseph's CollegeCatholic · Secondary · Co-ed · Years 7-12 · Within suburbState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students199Multilingual50%ICSEA Rank50th
- 2Banora Point Public SchoolGovernment · Primary · Co-ed · Years K-6 · Within suburbState Rank—English—Maths—Students199Multilingual50%ICSEA Rank50th
- 3St James' Primary SchoolCatholic · Primary · Co-ed · Years K-6 · Within suburbState Rank—English—Maths—Students199Multilingual50%ICSEA Rank50th
- 4Centaur Public SchoolGovernment · Primary · Co-ed · Years K-6 · Within suburbState Rank—English—Maths—Students199Multilingual50%ICSEA Rank50th
- 5Banora Point High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Within suburbState Rank—English—Maths—Students199Multilingual50%ICSEA Rank50th
Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.
School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.
Turnover
How settled or transient the community is — and where newcomers came from.
Banora Point median house price & rent
Headline price, rent, yield and time on market for Banora Point — choose a property type and size below.
House & unit prices by bedroom
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
Banora Point property growth
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
Houses
Units
Buying vs renting in Banora Point
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
How strong is demand, and which way is it heading?
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Sales market velocity
Banora Point against the neighbourhood
Eight diagnostic views cutting the data a different way each time — Banora Point in blue, peers in colour.
How fast — and is it getting faster?
Housing supply & months of stock
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
Sales market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | SoldSold (last year)Total sold transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are sold each month in this segment, over the last 12 months. |
|---|---|---|---|---|---|---|
| Severe shortage | 0.9 | — | 4 | 56 | 4.7 | |
| Severe shortage | 1.1 | ▼ -1.3 | 5 | 56 | 4.7 | |
| Balanced | 2.4 | ▼ -0.6 | 11 | 56 | 4.7 | |
| Balanced | 2.7 | ▲ +1.4 | 13 | 56 | 4.7 | |
| Slightly loose | 3.4 | ▲ +2.2 | 16 | 56 | 4.7 | |
| Loose | 4.3 | ▲ +2.7 | 20 | 56 | 4.7 | |
| Loose | 6.6 | — | 31 | 56 | 4.7 | |
| Oversupply | 7.3 | ▲ +4.5 | 34 | 56 | 4.7 |
Rental market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | LeasedLeased (last year)Total leased transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are leased each month in this segment, over the last 12 months. |
|---|---|---|---|---|---|---|
| Loose | 1.3 | ▲ +0.3 | 3 | 27 | 2.3 | |
| Loose | 1.4 | ▲ +0.7 | 3 | 27 | 2.3 | |
| Loose | 1.8 | ▲ +0.1 | 4 | 27 | 2.3 | |
| Oversupply | 2.0 | ▼ -0.4 | 5 | 27 | 2.3 | |
| Oversupply | 2.1 | ▲ +1.6 | 5 | 27 | 2.3 |
Who's transacting — buyers or tenants?
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
Banora Point — Units & Houses, all bedrooms
Banora Point median house price & rent history
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Five-year summaryAs of Jun 2026, the median house sale price in Banora Point rose from $535k (Jul 2021) to $920k (Jun 2026) — +71.9% growth over five years — peaking at $968k between Jul 2024 and Jun 2025. Median house rent went from $473/wk to $827/wk (+74.8%) over the same period. For units, the median sale price rose from $425k to $614k (+44.5%), with rent up from $304/wk to $603/wk (+98.4%) over the same period.
Suburbs near Banora Point: prices compared
The nearest suburbs to Banora Point, ranked by distance — each lined up against Banora Point on the same measures, so the differences jump out at a glance.
Suburbs like Banora Point
Suburbs anywhere in NSW that behave like Banora Point — matched on price, growth, selling speed and demand, not on distance. A shortlist of markets that move the same way — including ones far away you'd never think to compare. (Want the suburbs right next door instead? See Nearby markets above.)
Banora Point vs Tweed Heads West: the closest sales-market match trades at a median of $595k against Banora Point's $814k — about 27% lower, with homes selling in 19 days versus 20 days here.
Comparable sales markets to Banora Point: Tweed Heads West average house price, Bilambil Heights median house price, Terranora average house price, Jordan Springs property market and Bardia property growth.
Banora Point's closest rental-market twins: Tweed Heads West property prices, Jordan Springs property market, Bilambil Heights median house price, Terranora property prices and Bardia house prices. Each link opens that suburb's full market report.
Frequently asked · Banora Point
26 data-driven answers about Banora Point's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costWhat is the median house price in Banora Point?
#The median house price in Banora Point, NSW 2486 is $814k as of June 2026, based on 76 sales over the past 12 months. Houses there have moved +50.0% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.
What is the median unit price in Banora Point?
#The median unit price in Banora Point, NSW 2486 is $814k as of June 2026, based on 76 sales over the past 12 months. Units have moved +50.0% year-on-year and currently trade at roughly 100% of the median house price.
How much does it cost to rent in Banora Point?
#The median weekly house rent in Banora Point is $588 as of June 2026, drawn from 23 leases over the past 12 months. Units rent for around $588 per week. House rents have moved +50.0% year-on-year. Current vacancy pressure is shown in the supply section above.
How much is rent for a 3 bedroom house in Banora Point?
#A 3 bedroom house in Banora Point rents for a median $588 per week as of June 2026, drawn from 23 leases over the past 12 months. Across other house sizes: 2-bedroom $588/week, 4-bedroom $588/week. Unit rents: 1-bedroom $588/week, 2-bedroom $588/week, 3-bedroom $588/week. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.
What is the gross rental yield in Banora Point?
#Gross rental yield in Banora Point is 3.57% for houses and 3.57% for units as of June 2026, compared with the NSW unit median of 4.02%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.
How much is a 3 bedroom house in Banora Point?
#As of June 2026, Banora Point medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | $814k | $814k | $814k | $814k |
| Units | $814k | $814k | $814k | — | $814k |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
What does it cost to own versus rent at the Banora Point median?
#At the median Banora Point house ($814k purchase, $588/week rent), weekly mortgage repayments sit at roughly $808 — about $220 more per week than renting. That gap is the ownership premium. For the median unit ($814k purchase, $588/week rent), repayments run about $808 per week. Figures assume 80% LVR, a 6.0% interest rate and a 30-year principal-and-interest loan.
How the market is moving
Speed, supply, growth, cycle phaseWhat are Banora Point's property market trends?
#Banora Point's property market trends to June 2026: house prices rose +50.0% year-on-year and units +50.0%; weekly house rents moved +50.0%; homes sell in a median 20 days; sales supply sits at 7.3 months (saturated). Read together — price, rent, selling speed and supply — they show which way the Banora Point market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.
What does the data say about Banora Point as an investment?
#As of June 2026 in Banora Point, house prices rose +50.0% over the year, gross rental yield is 3.57% against a NSW median of 1.79%, houses take a median 20 days to sell, sales supply is 7.3 months (saturated). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.
How quickly do houses sell in Banora Point?
#Houses in Banora Point sell in a median 20 days on market as of June 2026, with units clearing slightly similarly at 20 days. Faster clearance typically coincides with stronger buyer demand and lower supply.
Is Banora Point a tight or loose property market right now?
#Banora Point's sales market sits at 7.3 months of supply for houses as of June 2026 — classified as Saturated (extreme oversupply) against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is tighter still at 1.8 months of supply.
Have property prices in Banora Point gone up or down?
#House prices in Banora Point moved +50.0% over the 12 months to June 2026, while units moved +50.0%. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.
How active is the rental market in Banora Point?
#Banora Point's house rental market sits at 1.8 months of supply as of June 2026 — classified as Balanced, with 27 houses leased over the past 12 months. Units sit at 2.1 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.
Where is Banora Point in its property market cycle?
#Banora Point's house market is currently in the 'in_demand_easing' phase as of June 2026 — combining above-median sales velocity nationally with flat year-on-year days on market. The demand cycle chart above plots all eight segments on the same demand-versus-direction axes.
How it compares
Vs state, vs nearby, vs popularHow does Banora Point compare to other NSW suburbs?
#Banora Point's median house price ($814k) is 12% below the NSW median ($929k) as of June 2026. On selling speed, houses clear in 20 days vs 23 days state median. On gross yield, Banora Point sits at 3.57% vs 1.79% state median.
How does Banora Point compare to neighbouring suburbs?
#Banora Point's most-similar nearby market is Tweed Heads West (3.0 km away) with a median house price of $595k — about 27% cheaper. The Nearby and Similar markets sections above rank every peer within radius and by composite similarity across price, days on market, yield, ownership cost and cycle phase.
What's the most popular property type in Banora Point?
#The most-transacted segment in Banora Point over the 12 months to June 2026 is 2 bed houses with 56 sales. 3 bed houses come second at 56 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
How many properties were sold and leased in Banora Point last year?
#Banora Point recorded 56 house sales and 56 unit sales over the 12 months to June 2026 — a combined 112 transactions. On the rental side, 27 houses and 27 units were leased. Segments with statistically thin samples are excluded from displayed figures.
About the area
Population, income, who lives here, schoolsWhat postcode is Banora Point in?
#Banora Point is in postcode 2486, in the Northern Rivers region of NSW. Addresses there are written as Banora Point, NSW 2486.
What is the population of Banora Point?
#Banora Point, NSW 2486 is home to 9,810 residents (ABS Census 2021). The median resident age is 25, and the average household holds 1.4 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in Banora Point?
#The median household in Banora Point earns $962 per week — roughly $50k a year (ABS Census 2021). Median personal income runs $412/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in Banora Point?
#The unemployment rate in Banora Point is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.
Do people own or rent in Banora Point?
#Banora Point is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.
What schools are near Banora Point?
#Banora Point has 36 schools within reach, 5 of them inside the suburb itself — including Banora Point Public School, St James' Primary School, St Joseph's College. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Is Banora Point a good place to live?
#Banora Point, NSW 2486 has a population of 9,810, a median age of 25, a median household income around $962/week, 50% of households renting (ABS Census 2021). There are 36 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
About this data
Methodology and update cadenceWhen was this Banora Point market data last updated?
#This Banora Point market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.