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5/2 Banks Ave, Tweed Heads NSW 2485

Last sold $720,000 18 Dec 2024
Technical details
Title reference5/SP30029
Site area (whole strata scheme)898 m²
ZoningR3 Medium Density Residential
Nature of propertyResidence
Primary purposeResidence
Valuation district171
Property ID1804894

How this sale compares

Sold for $720,000 in Dec 2024, up $251,000 (54%) on the $469,000 paid in Feb 2021. That is about 11.9% a year over 3.8 years.

Over the same period the median unit price in Tweed Heads rose 31%, from $646,500 in 2021 to $850,000 in 2024.

The 2024 sale was 15% below the Tweed Heads median unit price for that year ($850,000 across 255 sales).

Since then the median unit price in Tweed Heads has risen 9%, from $850,000 in 2024 to $928,500 over the last 12 months (220 sales).

Tweed Heads medians use NSW Valuer General sales of $50,000 or more, leaving out part-interest transfers and contracts covering several properties, and need at least 10 sales in the period. See Tweed Heads sold prices by year.

Rent and yield

Units in postcode 2485 rented for a median $700 a week, from 287 bonds lodged Oct 2025 to Sep 2026.

On its last sale of $720,000 on 18 Dec 2024, that rent is a gross yield of 5.1% a year, before costs and vacancies.

Median weekly rents from residential rental bonds lodged with NSW Fair Trading, by postcode. This home's own rent may differ. See rents by bedrooms in Tweed Heads.

Sale history

Sold is the contract date, when the sale was agreed. Settled is the date ownership transferred.

Beds Baths Cars Title reference
18 Dec 2024 13 Jan 2025 $720,000 - - - 5/SP30029
22 Feb 2021 8 Apr 2021 $469,000 - - - 5/SP30029
$720,000 Sold 18 Dec 2024
Settled13 Jan 2025
Beds-
Baths-
Cars-

Title reference: 5/SP30029

$469,000 Sold 22 Feb 2021
Settled8 Apr 2021
Beds-
Baths-
Cars-

Title reference: 5/SP30029

Other sales at 2 Banks Ave

The most recent sales of other units in this building. See every sale in the building.

Beds Baths Cars Title reference
4 3 Feb 2026 5 Mar 2026 $829,088 - - - 4/SP30029
2 29 Jul 2025 19 Aug 2025 $730,000 - - - 2/SP30029
3 4 Oct 2024 4 Oct 2024 $710,000 - - - 3/SP30029
1 30 Jan 2020 7 Feb 2020 $375,000 - - - 1/SP30029
3 2 Jul 2015 3 Aug 2015 $278,000 - - - 3/SP30029
$829,088 Sold 3 Feb 2026
Unit4
Settled5 Mar 2026
Beds-
Baths-
Cars-

Title reference: 4/SP30029

$730,000 Sold 29 Jul 2025
Unit2
Settled19 Aug 2025
Beds-
Baths-
Cars-

Title reference: 2/SP30029

$710,000 Sold 4 Oct 2024
Unit3
Settled4 Oct 2024
Beds-
Baths-
Cars-

Title reference: 3/SP30029

$375,000 Sold 30 Jan 2020
Unit1
Settled7 Feb 2020
Beds-
Baths-
Cars-

Title reference: 1/SP30029

$278,000 Sold 2 Jul 2015
Unit3
Settled3 Aug 2015
Beds-
Baths-
Cars-

Title reference: 3/SP30029

Recent sales on Banks Ave

Sold in the last two years.

Recent sales nearby

Sold in the last 12 months within about 400 metres.

See all sold prices in Tweed Heads

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