Investment property in Tweed Heads South has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.74%
Tweed Heads South,2486 has offered an average of 6.74% return per annum in house price rises to property investors over the last three years.
The most recent median price for Tweed Heads South is $467000, with sellers offering an average of -4.21% off the asking price.
In the last year 81 properties changed hands in Tweed Heads South, which puts it as the 397th most active market in NSW when comparing the number of sales per suburb.
A $460 per week rent on the median house gives suburb investors a gross yield of circa 5.12%, without taking into account capital value appreciation, which has been averaging out at 2.95%.
Property value increases in Tweed Heads South have tracked close to the NSW average of 6.07% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Tweed Heads South comes in at number 472th in NSW.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.33% offered to property buyers. Sellers in Tweed Heads South itself are offering an average vendor discount of -3.65% to real estate investors.
In the last year 155 properties changed hands in Tweed Heads South, which puts it as the 94th most active market in NSW when comparing the number of sales per suburb.
Situated 584.92km from the CBD, Tweed Heads South is one of Tweed localities in the postcode 2486.