AREA REPORTS

Tweed Heads West

 

 

NSW/
Tweed heads west

Suburb Profile

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

house
unit

Property investors enjoyed capital gains of 1.89% 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 2.35% growth over a ten-year period. It ranks 2793rd on our list of suburbs that property investors should look into.

TWEED HEADS WEST, 2485 has a capital gain of 1.89% for the past year, which is lower than average compared to its 36.71% growth within a five-year period.

With the median home price in TWEED HEADS WEST sitting at $540,000, and the average rent at $492.5, property owners could potentially earn a 4.74% 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

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $540,000 $289,000
GROWTH REPORT
Median Quarterly 0.65% -1.03%
Median 12 month 1.89% 1.4%
Median 3 years 29.19% 28.44%
Median 5 years 36.71% 29.89%
10 years average annual 2.35% 1.74%
Weekly media advert. rent $492.5 $340
Time on Market 48.7 days 94.1 days
Gross Rental Yield Percent 4.74% 6.12%
demographics (median values)
Total Population
5867
Weekly Household Income
599.8
Household Size
2.10
demographics
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