Suburb Profile Report for Tweed Heads NSW (2485)

Tweed Heads House: Median price $770,000, Annual capital growth 4.62%, Number of sales 36, Weekly median advertised rent $550

Tweed Heads Unit: Median price $478,500, Annual capital growth 2.73%, Number of sales 208, Weekly median advertised rent $420

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

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Tweed Heads has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 9.41% to date .

The five-year average increase in median property values for Tweed Heads,2485 has given property investors a potential capital gain of 48.08% across each of those five years.

At number 275th of NSW’s most discounted properties, Tweed Heads is in the bottom 40% of the state/territory when listing in order of most discounted to least.

Often selling an investment property can take time, and in Tweed Heads the average time real estate has been on the market is 114.958 days.

With the median price for a house in Tweed Heads being $770000 and the advertised rent reaching $550 the gross rental yield for property investors calculates out to be 3.71%

Tweed Heads, 2485 ranked 45th in NSW when comparing growth in median property values or capital gain over the last 12 months. Tweed Heads is one of 3163 in our list for NSW

If we look at median property appreciation over just the last three months, Tweed Heads has given property investors a paper return of 4.88%. This puts Suburb as 43 on a list of fastest fasting appreciating suburbs in NSW

The most recent median price for Tweed Heads is $478500, with sellers offering an average of -6.16% off the asking price.

Using the current median advertised rental of $420 and the average annual increase in value of a median property of 2.73%, investors should hope to achieve an overall return of 4.56%

Metrics i HOUSE UNIT
$770,000 $478,500
0.16% 4.88%
9.41% 10.38%
4.62% 2.73%
$550 $420
36 208
3.71% 4.56%
114.958333333333 83.2796610169492

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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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