Suburb Profile Report for Tweed Heads South NSW (2486)

Tweed Heads South House: Median price $580,000, Annual capital growth 3.71%, Number of sales 106, Weekly median advertised rent $550

Tweed Heads South Unit: Median price $385,000, Annual capital growth 1.38%, Number of sales 113, Weekly median advertised rent $380

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

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

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Tweed Heads South, 2486 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 8.17%.

While Tweed Heads South,2486 ranked number 247th in NSW for increase in median house value (annualised) increase, it is ranked 650th over the last 5 years.

Vendor discounting in Tweed Heads South is giving property investors an average Vendor Discount of around -6.16%. This puts suburb at number 462th in NSW when ranking the most discounted suburbs.

Situated 667.77km from the CBD, Tweed Heads South is one of Tweed (A) localities in the postcode 2486.

NSW has seen average median house prices change by -0.14% which means that Tweed Heads South, 2486 has not done well for property investors by showing a capital gain of 8.57% over the last year

Tweed Heads South,2486 was ranked 214 in Australia by increase in median property value over the quarter.

LACK OF BUYER INTEREST may well be the reason that Tweed Heads South is offering property investors an average of -5.92. This rate of discount on properties puts Suburb at number 277th in terms of most discounted suburbs in NSW

Tweed Heads South, 2486’s gross rental yield is 5.20%

Metrics i HOUSE UNIT
$580,000 $385,000
6.42% 2.67%
11.54% 9.22%
3.71% 1.38%
$550 $380
106 113
4.93% 5.13%
66.86441 67.910446

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

DSR Score for property investment : Good (H), Very good (U)
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Demographics
Total population 7902
Median household income ($/weekly) 662
Median age of persons 52
Median housing loan repayment ($/monthly) 1700
Average household size 2.1
  • Census Count Percent(%)
    35-44 years 776 9.8
    45-54 years 809 10.2
    55-64 years 989 12.5
    65-74 years 1247 15.8
    75-84 years 1122 14.2
    Others 2959 37.4
    Age Group
    Census Count Percent(%)
    Not Married 2893 47.7
    Registered Married 2669 44.0
    Defacto Relationship 508 8.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 5715 78.1
    Croatia 65 0.9
    Papua New Guinea 280 3.8
    United Kingdom 783 10.7
    Other 110 1.5
    Others 365 5.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 104 1.5
    Christianity 5682 79.9
    Hinduism 20 0.3
    Other Religious Groups 30 0.4
    No Religion 1252 17.6
    Others 23 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 437 14.0
    $400-$599 686 22.0
    $600-$799 460 14.7
    $800-$999 348 11.1
    $1,000-$1,249 245 7.8
    Others 948 30.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3672 59.0
    Employed, worked full-time 1215 19.5
    Employed, worked part-time 944 15.2
    Unemployed, looking for work 232 3.7
    Employed, away from work 166 2.7
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 370 15.9
    Community & personal service workers 313 13.5
    Clerical & administrative workers 267 11.5
    Sales 354 15.2
    Labourers 352 15.1
    Others 668 28.7
    Occupation
    Census Count Percent(%)
    Pre-school 87 6.9
    Infants/Primary 470 37.5
    Secondary 350 28.0
    Technical or Further Educational Institution 149 11.9
    University or other Tertiary Institutions 144 11.5
    Others 52 4.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4219 58.3
    Semi-detached, row or terrace house, townhouse 1961 27.1
    Flat, unit or apartment 764 10.6
    Caravan, cabin, houseboat 279 3.9
    House or flat attached to a shop, office 14 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1598 47.6
    Rented 1130 33.7
    Being purchased 585 17.4
    Other tenure type 44 1.3
    Tenure Type
Census 2011, ABS
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