Based on its average 5-year and quarterly capital gains TWEED HEADS SOUTH, 2486 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that TWEED HEADS SOUTH, 2486 obtained a 2.52% growth over a ten-year period. It ranks 2718th on our list of suburbs that property investors should look into.
TWEED HEADS SOUTH, 2486 in NSW belongs to the local government area of Tweed.
TWEED HEADS SOUTH, 2486 has a capital gain of 8.33% for the past year, which is higher than average compared to its 33.33% growth within a five-year period.
With the median home price in TWEED HEADS SOUTH sitting at $520,000, and the average rent at $497.5, property owners could potentially earn a 4.98% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in TWEED HEADS SOUTH are low, as opposed to average gains per annum over the past five years.
A steady increase in median property prices over a five-year period in TWEED HEADS SOUTH, 2486 translates to a 15.54% capital gain.
Property investors enjoyed capital gains of 7.61% over the last 12 months in TWEED HEADS SOUTH, translating to lower returns compared with its peers in NSW.
TWEED HEADS SOUTH, 2486 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $360,500.
Profits due to an upward trend in home prices in TWEED HEADS SOUTH, 2486 averaged 5.18% per annum over a 3-year period.
Home owners selling their properties and realtors in TWEED HEADS SOUTH usually have to wait an average of 70.2 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $380 mark, reflecting a 5.48% increase in returns based on the current median price in TWEED HEADS SOUTH.
TWEED HEADS SOUTH, 2486 places 120th in Australia based on median property value growth during the quarter.