Suburb Profile Report for Tweed Heads NSW (2485)

Tweed Heads House: Median price $637,500, Annual capital growth 5.83%, Number of sales 54, Weekly median advertised rent $520

Tweed Heads Unit: Median price $415,000, Annual capital growth 2.16%, Number of sales 311, Weekly median advertised rent $380

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Tweed Heads is an average performer in NSW when comparing median price capital growth over the last year. Tweed Heads gave property investors a average capital gain figure when compared to the rest of the state, with 5.37%.

If we look at median property appreciation over just the last three months, Tweed Heads has given property investors a paper return of -0.23%. This puts Suburb as 1092 on a list of fastest fasting appreciating suburbs in NSW

Property investors looking for a bargain in Tweed Heads should be aiming for at least -6.12% off the asking price, which is the average vendor discount being achieved at the moment.

Using the current median advertised rental of $520 and the average annual increase in value of a median property of 5.83%, investors should hope to achieve an overall return of 4.24%

At number 435th in the list of Australian suburbs ordered by increase in median house value over the last year, Tweed Heads, 2485 is in the top 30% with a property value increase of 9.21% recorded in median house prices.

If we look at median property appreciation over just the last three months, Tweed Heads has given property investors a paper return of 2.47%. This puts Suburb as 199 on a list of fastest fasting appreciating suburbs in NSW

LACK OF BUYER INTEREST may well be the reason that Tweed Heads is offering property investors an average of -4.41. This rate of discount on properties puts Suburb at number 281th in terms of most discounted suburbs in NSW

In the last year 311 properties changed hands in Tweed Heads, which puts it as the 21th most active market in NSW when comparing the number of sales per suburb.

Tweed Heads, 2485’s gross rental yield is 4.76%

Metrics i HOUSE UNIT
$637,500 $415,000
-0.23% 2.47%
5.37% 9.21%
5.83% 2.16%
$520 $380
54 311
4.24% 4.76%
91.12 59.32

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 7525
Median household income ($/weekly) 746
Median age of persons 54
Median housing loan repayment ($/monthly) 1733
Average household size 2
  • Census Count Percent(%)
    25-34 years 772 10.3
    45-54 years 889 11.8
    55-64 years 1169 15.5
    65-74 years 1030 13.7
    75-84 years 1003 13.3
    Others 2662 35.4
    Age Group
    Census Count Percent(%)
    Not Married 2770 47.8
    Registered Married 2480 42.8
    Defacto Relationship 542 9.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 5348 77.4
    Papua New Guinea 337 4.9
    Philippines 64 0.9
    United Kingdom 560 8.1
    Other 166 2.4
    Others 434 6.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 123 1.8
    Christianity 5142 76.5
    Hinduism 38 0.6
    Islam 33 0.5
    No Religion 1346 20.0
    Others 39 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 375 12.2
    $400-$599 564 18.4
    $600-$799 440 14.4
    $800-$999 366 11.9
    $1,000-$1,249 258 8.4
    Others 1060 34.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3348 54.4
    Employed, worked full-time 1353 22.0
    Employed, worked part-time 1020 16.6
    Unemployed, looking for work 288 4.7
    Employed, away from work 144 2.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 420 16.7
    Technicians & trades workers 381 15.1
    Community & personal service workers 359 14.3
    Clerical & administrative workers 326 12.9
    Labourers 319 12.7
    Others 714 28.3
    Occupation
    Census Count Percent(%)
    Pre-school 64 5.9
    Infants/Primary 347 32.0
    Secondary 264 24.3
    Technical or Further Educational Institution 127 11.7
    University or other Tertiary Institutions 240 22.1
    Others 44 4.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 3023 44.9
    Separate house 2510 37.3
    Semi-detached, row or terrace house, townhouse 1174 17.4
    House or flat attached to a shop, office 19 0.3
    Caravan, cabin, houseboat 4 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1364 41.6
    Rented 1268 38.6
    Being purchased 607 18.5
    Other tenure type 42 1.3
    Tenure Type
Census 2011, ABS
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