Located in New South Wales within the Tweed local government area, Banora Point is a settled mid-to-large suburb (postcode 2486). With a population of 16,460, the suburb has a mature demographic with a median age of 49. Households earn a median income of $66K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% year-on-year at the LGA level. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, technicians & trades, community & personal service. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Irish.
Median house prices in Banora Point stand at $1.4 million, having climbed sharply by 14.6% over the last twelve months. Units have a median price of $911,000 (+9.1% YoY). The current median weekly rent is $870. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,871.
Banora Point is served by 5 schools, including 3 primary, 2 secondary. The average ICSEA score is 1010, which is around the national average of 1,000. Public transport access includes 2 ferry wharfves, 97 bus stops. The crime rate in the Tweed LGA is below average at 3,518 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 3.4%, which reads as moderate yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 20.5x is considered stretched. House prices have moved +14.6% year-on-year. Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.