SOLD
Sold on 04 Oct 2024 for $710,000

3/2 Banks Avenue
Tweed Heads NSW 2485

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 100m2
Land area: 101m2
Save

Property Details for 3/2 Banks Ave, Tweed Heads

3/2 Banks Ave, Tweed Heads is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 101m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Tweed Heads in the last 12 months.

Building Type
Unit
Year Built
1985
Floor Size
100m2
Land Size
101m2
Local Government
Tweed
Lot/Plan
3/SP30029

Last Listing description (August 2024)

:: Ground Floor
:: Private Terrace

down stairs and just outside your door you are surrounded by a peaceful green space. This being an end unit also means you have bonus windows along the side of the living area and kitchen so you will never experience that hemmed in feeling, light bright and airy is what you get throughout this easy-care home. Both the living and master bedroom have direct access to the covered private terrace.
Enjoy coastal living and sunlit garden grounds in this well maintained boutique building of only 6 units. It occupies a sought-after central location, within walking distance to everything Tweed Heads has to offer.
Property Features:
- Light bright finishes including vinyl timber look flooring throughout
- Large functional modern kitchen
- Open plan living/dining area
- Two generous bedrooms both with built-Ins
- Full bathroom with bath tub and separate toilet
- Ground floor unit, no stairs!
- Covered terrace/outside entertaining area
- Lockup garage with remote control
- Boutique block of only 6 units
- Excellent rental investment currently leased at $650 per week
Location Features:
- Short Walk to the river and parks
- Walk to Club Tweed & Tweed Mall
- 5 min drive to numerous beaches
- 5 mins Drive to Coolangatta
- 10 mins to Tweed City & Local Shops
- 5 mins to Local Schools
- 10 mins to New Tweed Hospital
- 10 mins to Southern Cross University
- 10 mins to Coolangatta International & Domestic Airport.

Property History for 3/2 Banks Ave, Tweed Heads, NSW 2485

A timeline of how this property has performed in the market
Last Sold
$710,000
04 Oct 2024
Listed for Rent
$600/w
29 May 2023
  • 04 Oct 2024
    Sold for $710,000
  • 14 Aug 2024
    Listed for Sale Not Disclosed
  • 22 May 2023
    Listed for Rent $600 / week
Sign in to see more transactions

Commute Calculator

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 6,851 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 54 properties listed for sale, and 36 properties listed for rent in Tweed heads on OnTheHouse. According to CoreLogic's data, 307 properties were sold in the past 12 months in Tweed heads.

Suburb Insights for Tweed Heads 2485

Market Insights
Tweed Heads Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Tweed Heads Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.