5/2 Banks Avenue, Tweed Heads, NSW 2485 sold on 18 December 2024 | OnTheHouse
SOLD
Sold on 18 Dec 2024 for $720,000

5/2 Banks Avenue
Tweed Heads NSW 2485

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 5/2 Banks Ave, Tweed Heads

5/2 Banks Ave, Tweed Heads is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 2 bedroom Unit sold in Tweed Heads in the last 12 months.

Building Type
Unit

Last Listing description (December 2024)

Ideally situated in the heart of Tweed Heads, this well-presented unit offers the opportunity for a low-maintenance lifestyle in a highly sought-after location

Within a well-maintained complex of only six units, this property is perfect for investors, downsizers or retirees.

Stand out features:

Spacious 2 bedroom, 1 bathroom apartment
Open plan kitchen and living area
Neat kitchen with ample cupboard and storage space.
Two well-proportioned bedrooms, both featuring built-in wardrobes and ceiling fans.
Large bathroom with shower and bath, combined with laundry
Separate toilet
Spacious balcony inviting refreshing breezes
Low Body Corporate Fees of approximately $58 per week in a well-managed complex.
Prime location within walking distance of the Tweed River, local clubs, Coolangatta Beach, and a vibrant dining precinct.

WHERE TO FROM HERE
Short flat walk to path along the river for swimming
3 minute drive to local schools
2 minute drive to Tweed Shopping Mall, chemist, grocery store, butcher & clothes stores
5 minute drive to Coolangatta beachfronts, shops & cafes
7 minute drive to Coolangatta International Airport
40 minute drive to Surfers Paradise
45 minute drive to Byron Bay
1 hour & 17 minute drive to Brisbane

THE FINER DETAILS
Rates: $2,950.88 annually approx
Body Corporate: $67 per week approx
Capital Works Fund $36,768 as at 31 October 2024
Rental Appraisal: $550-$570 per week
Small block of only 6
Year Built 1985

Nestled in a quiet community, it provides easy access to local shops, cafes, and recreational facilities

Contact Lenny McLennan on 0417 604 038 or Col Wright 0412 773 134 to arrange your inspection today.

Expressions of Interest Closing 16 December 12pm NSW

DISCLAIMER
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

The information relating to this property has been obtained by a third party source, which is believed to be accurate and reliable. RBR Property Consultants has taken every care to ensure this information is as reliable and accurate as possible, but may be subject to errors and omissions. RBR gives no guarantee that this information is 100% correct and it is recommended that you consult an advisor.

Property History for 5/2 Banks Ave, Tweed Heads, NSW 2485

A timeline of how this property has performed in the market
Last Sold
$720,000
18 Dec 2024
  • 18 Dec 2024
    Sold for $720,000
  • 29 Nov 2024
    Listed for Sale Expressions of Interest
  • 22 Feb 2021
    Sold for $469,000
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About Tweed Heads 2485

The size of Tweed Heads is approximately 4.5 square kilometres. It has 15 parks covering nearly 12.6% of total area. The population of Tweed Heads in 2016 was 8176 people. By 2021 the population was 9176 showing a population growth of 12.2% in the area during that time. The predominant age group in Tweed Heads is 60-69 years. Households in Tweed Heads are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tweed Heads work in a professional occupation.In 2021, 61.70% of the homes in Tweed Heads were owner-occupied compared with 58.30% in 2016.

Tweed Heads has 6,924 properties. Over the last 5 years, Houses in Tweed Heads have seen a 81.50% increase in median value, while Units have seen a 90.97% increase. As at 30 November 2025:

  • The median value for Houses in Tweed Heads is $1,311,409 while the median value for Units is $925,017.
  • Houses have a median rent of $780 while Units have a median rent of $750.
There are currently 53 properties listed for sale, and 39 properties listed for rent in Tweed heads on OnTheHouse. According to Cotality's data, 323 properties were sold in the past 12 months in Tweed heads.

Suburb Insights for Tweed Heads 2485

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Lenny McLennan
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Col Wright
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Disclaimer
The Cotality 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 Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.