If you compare the increase in value of investment property in Tweed Heads West, 2485 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 9.55%.
If we look at median property appreciation over just the last three months, Tweed Heads West has given property investors a paper return of 5.83%. This puts Suburb as 238 on a list of fastest fasting appreciating suburbs in NSW
Vendor discounting in Tweed Heads West is giving property investors an average Vendor Discount of around -3.31%. This puts suburb at number 1029th in NSW when ranking the most discounted suburbs.
A $510 per week rent on the median house gives suburb investors a gross yield of circa 5.31%, without taking into account capital value appreciation, which has been averaging out at 2.88%.
Tweed Heads West, 2485 ranked 92th in NSW when comparing growth in median property values or capital gain over the last 12 months. Tweed Heads West is one of 3163 in our list for NSW
Over the longer term, Tweed Heads West has seen property prices show investors a 29.55% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Tweed Heads West is offering property investors an average of -4.13. This rate of discount on properties puts Suburb at number 321th in terms of most discounted suburbs in NSW
Renters in Suburb are facing rents around $3870 per annum or $322.5 every week.