Suburb Profile Report for Tweed Heads NSW (2485)

Tweed Heads House: Median price $785,000, Annual capital growth 6.13%, Number of sales 52, Weekly median advertised rent $520

Tweed Heads Unit: Median price $500,000, Annual capital growth 2.14%, Number of sales 286, Weekly median advertised rent $430

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Property value increases in Tweed Heads have tracked higher than the NSW average of 0.15% over the last 12 months.

Tweed Heads,2485 has offered an average of 8.13% return per annum in house price rises to property investors over the last three years.

Property investors looking for a bargain in Tweed Heads should be aiming for at least -10.00% off the asking price, which is the average vendor discount being achieved at the moment.

At number 3311 in a list of fastest selling suburbs, Tweed Heads is in the bottom 10% of suburbs in Australia with an average of days on market 120.03 for properties listed there.

Tweed Heads is 718th on a list of best yielding suburbs for rents in NSW with a 3.44% return

Tweed Heads is in the TOP 20% in NSW when comparing median price capital growth over the last year. Tweed Heads gave property investors a very good capital gain figure when compared to the rest of the state, with 6.38%.

When looking at the potential capital gains offered to property investors over the last 3 years, Tweed Heads comes in at number 45th in NSW.

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.01% offered to property buyers. Sellers in Tweed Heads itself are offering an average vendor discount of -6.39% to real estate investors.

Situated 670.79km from the CBD, Tweed Heads is one of Tweed (A) localities in the postcode 2485.

Metrics i HOUSE UNIT
$785,000 $500,000
-1.26% 1.01%
8.13% 6.38%
6.13% 2.14%
$520 $430
52 286
3.44% 4.47%
120.030303030303 100.13698630137

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (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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