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Tweed Heads West
AREA REPORTS

Tweed Heads West

Tweed Heads West - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2485

house
unit

Property investors enjoyed capital gains of 18.26% over the last 12 months in TWEED HEADS WEST, translating to lower returns compared with its peers in NSW.

A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 5.32% growth over a ten-year period. It ranks 1869th on our list of suburbs that property investors should look into.

TWEED HEADS WEST, 2485 has a capital gain of 18.26% for the past year, which is higher than average compared to its 54.55% growth within a five-year period.

With the median home price in TWEED HEADS WEST sitting at $680,000, and the average rent at $600, property owners could potentially earn a 4.59% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in TWEED HEADS WEST are low, as opposed to average gains per annum over the past five years.

TWEED HEADS WEST, 2485 in NSW belongs to the local government area of Tweed (A).

Data report can be found below

Tweed Heads West
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $680,000 $372,000
GROWTH REPORT
Median Quarterly 5.02% 13.59%
Median 12 month 18.26% 26.53%
Median 3 years 25.75% 26.1%
Median 5 years 54.55% 57.63%
10 years average annual 5.32% 4.47%
Weekly media advert. rent $600 $370
Time on Market 54.7 days 61.7 days
Gross Rental Yield Percent 4.59% 5.17%
demographics (median values)*
Total Population
14373
Weekly Household Income
894
Household Size
2.00
Age
53
Monthly Loan Repayment
1517
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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