5/2 Banks Ave, Tweed Heads NSW 2485
Technical details
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.
Related sales
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 |
Title reference: 5/SP30029
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 |
Title reference: 4/SP30029
Title reference: 2/SP30029
Title reference: 3/SP30029
Title reference: 1/SP30029
Title reference: 3/SP30029
Recent sales on Banks Ave
Sold in the last two years.
- 3/14 Banks Ave, Tweed Heads 2485 $636,000 sold 14 Aug 2026
- 4/18 Banks Avenue, Tweed Heads 2485 $795,000 sold 28 Oct 2025
- 2/18 Banks Avenue, Tweed Heads 2485 $810,000 sold 10 Oct 2025
- 5/8 Banks Avenue, Tweed Heads 2485 $735,000 sold 7 Oct 2025
- 5/14 Banks Ave, Tweed Heads 2485 $737,000 sold 28 Aug 2025
- 2/21 Banks Avenue, Tweed Heads 2485 $1,280,000 sold 28 Jul 2025
- 4/8 Banks Avenue, Tweed Heads 2485 $725,000 sold 10 Jul 2025
- 1/8 Banks Avenue, Tweed Heads 2485 $725,000 sold 6 Mar 2025
Recent sales nearby
Sold in the last 12 months within about 400 metres.
- 2/14 Solander St, Tweed Heads 2485 $850,000 sold 17 Sep 2026
- 2 Navigators Way, Tweed Heads 2485 $1,650,000 sold 20 Aug 2026, 530 m²
- 19/98 Keith Compton Dr, Tweed Heads 2485 $1,080,000 sold 6 Aug 2026
- 3/21 Ivory Cres, Tweed Heads 2485 $450,000 sold 2 Aug 2026
- 5/1 Botany Cres, Tweed Heads 2485 $1,050,000 sold 13 Jul 2026
- 2/6 Buchan Ave, Tweed Heads 2485 $710,000 sold 15 Jun 2026
- 22/18 Brett St, Tweed Heads 2485 $880,000 sold 29 May 2026
- 1/6 Keith Compton Dr, Tweed Heads 2485 $1,650,000 sold 2 May 2026