Suburb Profile Report for Tweed Heads South NSW (2486)

Tweed Heads South House: Median price $600,000, Annual capital growth 3.47%, Number of sales 78, Weekly median advertised rent $510

Tweed Heads South Unit: Median price $430,000, Annual capital growth 2.74%, Number of sales 118, Weekly median advertised rent $390

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

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

  • House Report
  • Unit Report

Property value increases in Tweed Heads South have tracked close to the NSW average of 4.27% over the last 12 months.

Comparing Tweed Heads South,2486 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Sellers are offering property buyers an average discount of -6.02% to buyers in Tweed Heads South at the moment, which is less than average for the rest of NSW.

On average over the past year, suburb has had 6.50 sales per month, which equates to 78 per year.

Advertised rents are around the $510 mark per week – giving a return of 4.42% based on the median price in Suburb

Tweed Heads South has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 7.50% to date .

If we look at median property appreciation over just the last three months, Tweed Heads South has given property investors a paper return of -0.81%. This puts Suburb as 422 on a list of fastest fasting appreciating suburbs in NSW

Our latest figures would indicate that property sellers in Tweed Heads South are currently offering property investors an average price cut of -2.97% below the asking price at the moment.

Often selling an investment property can take time, and in Tweed Heads South the average time real estate has been on the market is 80.25 days.

Metrics i HOUSE UNIT
$600,000 $430,000
1.69% -0.81%
3.00% 7.50%
3.47% 2.74%
$510 $390
78 118
4.42% 4.72%
70.0851063829787 80.25

Source: Monthly data update for Sep 2020 as supplied by CoreLogic. Data is reported to the period ending Jun 2020. 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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