Tweed Heads West, 2485 ranked 892th 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
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Tweed Heads West has increased when compared to the 5 year average annual rate.
Vendor discounting in Tweed Heads West is giving property investors an average Vendor Discount of around -4.12%. This puts suburb at number 847th in NSW when ranking the most discounted suburbs.
Using the current median advertised rental of $514 and the average annual increase in value of a median property of 3.13%, investors should hope to achieve an overall return of 5.69%
NSW has seen average median house prices change by 6.96% which means that Tweed Heads West, 2485 has done well for property investors by showing a capital gain of 15.05% over the last year
Comparing Tweed Heads West,2485 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Tweed Heads West 2485 should be seeing an average reduction in asking price of around -3.93% . This means that Tweed Heads West is holding prices well when compared to other suburbs in NSW.
On average over the past year, suburb has had 11.33 sales per month, which equates to 136 per year.
The NSW suburb of Tweed Heads West, 2485 is in the Tweed local government area.