FOR SALE
Expressions of Interest Closing 16 December 12pm

5/2 Banks Avenue
Tweed Heads NSW 2485

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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2 Bedroom Apartment only one street back from the glorious Tweed River!

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
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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. The place is currently for sale with Rainbow Bay Realty.

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Unit

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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 2011 was 7,525 people. By 2016 the population was 8,171 showing a population growth of 8.6% 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 2011, 57.5% of the homes in Tweed Heads were owner-occupied compared with 58.3% in 2016.

Tweed Heads has 6,849 properties. Over the last 5 years, Houses in Tweed Heads have seen a 73.88% increase in median value, while Units have seen a 74.45% increase. As at 31 October 2024:

  • The median value for Houses in Tweed Heads is $1,102,895 while the median value for Units is $808,447.
  • Houses have a median rent of $700 while Units have a median rent of $695.
There are currently 56 properties listed for sale, and 28 properties listed for rent in Tweed heads on OnTheHouse. According to CoreLogic's data, 303 properties were sold in the past 12 months in Tweed heads.

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Lenny McLennan
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Col Wright
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Rainbow Bay Realty
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