Investment property in Tweed Heads West 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 7.04%
The five-year average increase in median property values for Tweed Heads West,2485 has given property investors a potential capital gain of 39.88% across each of those five years.
Tweed Heads West, 2485 is offering NSW ‘s 702th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this NSW.
On average over the past year, suburb has had 7.33 sales per month, which equates to 88 per year.
A $500 per week rent on the median house gives suburb investors a gross yield of circa 4.56%, without taking into account capital value appreciation, which has been averaging out at 3.44%.
Tweed Heads West, 2485 ranked 126th in NSW when comparing growth in median property values or capital gain over the last 12 months. Tweed Heads West is one of 3163 in our list for NSW
If we look at median property appreciation over just the last three months, Tweed Heads West has given property investors a paper return of 2.61%. This puts Suburb as 92 on a list of fastest fasting appreciating suburbs in NSW
LACK OF BUYER INTEREST may well be the reason that Tweed Heads West is offering property investors an average of -6.52. This rate of discount on properties puts Suburb at number 200th in terms of most discounted suburbs in NSW
In the last year 103 properties changed hands in Tweed Heads West, which puts it as the 125th most active market in NSW when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $17680 per annum or $340 every week.