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%