Investment property in Tweed Heads has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.47%
Tweed Heads,2485 was ranked 3306 in Australia by increase in median property value over the quarter.
Property buyers and investors in Tweed Heads 2485 should be seeing an average reduction in asking price of around -6.10% . This means that Tweed Heads is holding prices well when compared to other suburbs in NSW.
In the last year 58 properties changed hands in Tweed Heads, which puts it as the 564th most active market in NSW when comparing the number of sales per suburb.
Using the current median advertised rental of $520 and the average annual increase in value of a median property of 5.01%, investors should hope to achieve an overall return of 4.18%
Property investors who have had real estate in Tweed Heads, 2485 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.32%
Tweed Heads,2485 was ranked 657 in Australia by increase in median property value over the quarter.
Vendor discounting in Tweed Heads is giving property investors an average Vendor Discount of around -4.20%. This puts suburb at number 245th in NSW when ranking the most discounted suburbs.
A $377.5 per week rent on the median house gives suburb investors a gross yield of circa 4.84%, without taking into account capital value appreciation, which has been averaging out at 1.76%.