Property investors who have had real estate in Tweed Heads West, 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 18.26%
When looking at the potential capital gains offered to property investors over the last 3 years, Tweed Heads West comes in at number 300th in NSW.
Sellers are offering property buyers an average discount of -4.24% to buyers in Tweed Heads West at the moment, which is less than average for the rest of NSW.
In the last year 86 properties changed hands in Tweed Heads West, which puts it as the 436th most active market in NSW when comparing the number of sales per suburb.
Using the current median advertised rental of $600 and the average annual increase in value of a median property of 5.32%, investors should hope to achieve an overall return of 4.59%
If you compare the increase in value of investment property in Tweed Heads West, 2485 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 26.53%.
Tweed Heads West,2485 was ranked 81 in Australia by increase in median property value over the quarter.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.22% offered to property buyers. Sellers in Tweed Heads West itself are offering an average vendor discount of -4.68% to real estate investors.
Residents and property investors in Tweed Heads West have been waiting around 61.7467 days to sell a property.