Suburb Profile Report for Tweed Heads South NSW (2486)

Tweed Heads South House: Median price $585,000, Annual capital growth 3.12%, Number of sales 81, Weekly median advertised rent $500

Tweed Heads South Unit: Median price $428,500, Annual capital growth 2.85%, Number of sales 99, Weekly median advertised rent $390

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

Source: Monthly data update for Nov 2020 as supplied by CoreLogic. Data is reported to the period ending Aug 2020. 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 around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 2.63%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Tweed Heads South has increased when compared to the 5 year average annual rate.

Property investors looking for a bargain in Tweed Heads South should be aiming for at least -5.78% off the asking price, which is the average vendor discount being achieved at the moment.

Property investors should expect to get $500 weekly from the median priced house in this suburb.

Investment property in Tweed Heads South has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.76%

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

Tweed Heads South, 2486 is offering NSW ‘s 211th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this NSW.

Renters in Suburb are facing rents around $20280 per annum or $390 every week.

Metrics i HOUSE UNIT
$585,000 $428,500
-1.68% -1.49%
2.63% 2.76%
3.12% 2.85%
$500 $390
81 99
4.44% 4.73%
71.6 81.4833333333333

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