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%