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 89, Weekly median advertised rent $560

Tweed Heads South Unit: Median price $400,000, Annual capital growth 1.90%, Number of sales 75, 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 2019 as supplied by CoreLogic. Data is reported to the period ending Jun 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

At number 504th in the list of Australian suburbs ordered by increase in median house value over the last year, Tweed Heads South, 2486 is in the top 20% with a property value increase of 10.48% recorded in median house prices.

Over the longer term, Tweed Heads South has seen property prices show investors a 33.33% return over the last 3 years. This is worse than over the last 12 months

Property investors looking for a bargain in Tweed Heads South should be aiming for at least -6.65% off the asking price, which is the average vendor discount being achieved at the moment.

A $560 per week rent on the median house gives suburb investors a gross yield of circa 5.02%, without taking into account capital value appreciation, which has been averaging out at 3.71%.

Tweed Heads South is in the TOP 10% in NSW when comparing median price capital growth over the last year. Tweed Heads South gave property investors a very good capital gain figure when compared to the rest of the state, with 9.89%.

Tweed Heads South,2486 was ranked 299 in Australia by increase in median property value over the quarter.

The most recent median price for Tweed Heads South is $400000, with sellers offering an average of -4.78% off the asking price.

Residents and property investors in Tweed Heads South have been waiting around 69.7667 days to sell a property.

With the median price for a house in Tweed Heads South being $400000 and the advertised rent reaching $390 the gross rental yield for property investors calculates out to be 5.07%

Metrics i HOUSE UNIT
$580,000 $400,000
-2.64% 2.56%
10.48% 9.89%
3.71% 1.90%
$560 $390
89 75
5.02% 5.07%
79.3809523809524 69.7666666666667

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

DSR Score for property investment : Good (H), 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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