Suburb Profile Report for Tweed Heads NSW (2485)

Tweed Heads House: Median price $685,000, Annual capital growth 2.54%, Number of sales 61, Weekly median advertised rent $525

Tweed Heads Unit: Median price $428,000, Annual capital growth 2.46%, Number of sales 321, Weekly median advertised rent $390

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

Source: CoreLogic

  • House Report
  • Unit Report

Tweed Heads is in the bottom 20% in NSW when comparing median price capital growth over the last year. Tweed Heads gave property investors a dismal capital gain figure when compared to the rest of the state, with 3.79%.

Comparing Tweed Heads,2485 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property investors looking for a bargain in Tweed Heads should be aiming for at least -4.82% off the asking price, which is the average vendor discount being achieved at the moment.

Situated 657.40km from the CBD, Tweed Heads is one of Tweed localities in the postcode 2485.

Over the last year, property investments in Tweed Heads, 2485 have given investors a capital gain of 7.00%. This compares averagely with the 8.31% for NSW as a whole.

The five-year average increase in median property values for Tweed Heads,2485 has given property investors a potential capital gain of 31.69% across each of those five years.

The most recent median price for Tweed Heads is $428000, with sellers offering an average of -3.31% off the asking price.

A $390 per week rent on the median house gives suburb investors a gross yield of circa 4.74%, without taking into account capital value appreciation, which has been averaging out at 2.46%.

Metrics i HOUSE UNIT
$685,000 $428,000
5.38% 1.90%
3.79% 7.00%
2.54% 2.46%
$525 $390
61 321
3.99% 4.74%
48.71 60.71

Source: CoreLogic

DSR Score for property investment : Above average (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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