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Tweed Heads suburb profile

Tweed Heads is a picturesque coastal town located on the New South Wales-Queensland border, renowned for its stunning beaches and relaxed lifestyle. As part of the Tweed Shire, it offers a unique blend of natural beauty and urban convenience, with easy access to both the Gold Coast and Byron Bay. The town is famous for its vibrant community, diverse dining options, and outdoor activities, including surfing, fishing, and exploring the nearby Tweed River and hinterland. With its appealing mix of coastal charm and modern amenities, Tweed Heads is a popular destination for tourists and a desirable place to live for families and retirees alike.

Tweed Heads property market performance

Tweed Heads has experienced robust growth in its property market over the past 12 months. House values have surged by 13.8%, with the median house price reaching approximately $1.5 million. Units have also seen a significant increase, with values rising by 11.8% to a median price of $975,000, indicating strong demand across both property types.

Sales activity has been particularly vibrant in the unit market, with 61 units sold compared to 12 houses over the past three months. Both houses and units are selling quickly, with median days on market at 31 and 30 days, respectively, suggesting a competitive market environment.

The rental market in Tweed Heads has also shown positive trends, with house rents increasing by 3.6% and unit rents by 7.7% over the last 12 months. The average rent for houses is now $720, while units command an average of $700, reflecting strong rental demand.

Median price - houses$1.49MPast 3 months

Median price - units$940KPast 3 months

Change in value - houses15.3%12 months

Change in value - units11.0%12 months

Houses sold18Past 3 months

Units sold53Past 3 months

Median DOM - houses42Past 12 months

Median DOM - units30Past 12 months

Average rent - houses$710Past 12 months

Average rent - units$720Past 12 months

Change in rent - houses2.2%Past 12 months

Change in rent - units9.9%Past 12 months

Tweed Heads demographics

Tweed Heads, located on the New South Wales and Queensland border, is a picturesque coastal suburb known for its relaxed lifestyle and stunning natural surroundings. With a median age of 55, it is a popular destination for retirees and those seeking a slower pace of life. The suburb's proximity to the Gold Coast and its beautiful beaches makes it an attractive place for both residents and visitors alike.

The housing landscape in Tweed Heads is characterized by a significant proportion of properties owned outright, accounting for 43.1% of the total. This reflects the suburb's appeal to long-term residents and retirees who value stability and community. Meanwhile, 21.5% of properties are owned with a mortgage, and 35.5% are rented, indicating a balanced mix of ownership and rental opportunities.

Family structures in Tweed Heads are diverse, with 54.5% of couple families having no children, highlighting the suburb's appeal to empty nesters and retirees. Couple families with children make up 25.9% of the population, while one-parent families account for 17.6%. The median total household income is $1138 per week, reflecting the area's affordability compared to larger urban centers. Overall, Tweed Heads offers a serene coastal lifestyle with a strong sense of community, making it an ideal location for those seeking a peaceful yet connected environment.

Tweed Heads infrastructure, key developments and investment opportunities

Tweed Heads is experiencing significant infrastructure improvements that could boost its property market appeal. The $1 billion redevelopment of Tweed Mall is set to transform the town center, adding new retail, dining and entertainment options. This major project is likely to increase foot traffic and commercial activity in the area.

Additionally, upgrades to local transport infrastructure are underway, including improvements to the Pacific Motorway and plans for better public transit connections to the Gold Coast. The nearby Gold Coast Airport is also expanding, which may increase tourism and business travel to the region. These developments are enhancing Tweed Heads' connectivity and could drive further growth in property values and rental demand.

Tweed Heads rental market trends

The rental market in Tweed Heads has experienced moderate growth, with house rents increasing by 3.6% over the past year to $720 per week, while unit rents have seen a more significant rise of 7.7% to $700 per week. This coastal suburb continues to attract interest from both renters and investors, offering a desirable lifestyle and steady rental returns.

Suburbs near Tweed Heads

Some popular suburbs near Tweed Heads include:

Common questions about Tweed Heads

  • Is Tweed Heads a nice place to live?

    Tweed Heads is a delightful coastal suburb that offers a charming blend of natural beauty and urban convenience. Nestled on the New South Wales-Queensland border, it provides residents with a serene lifestyle while being just a stone's throw away from the bustling Gold Coast. The suburb is known for its laid-back vibe, making it an attractive choice for families and retirees who appreciate a slower pace of life. With its stunning beaches and lush green spaces, Tweed Heads is perfect for those who enjoy outdoor activities and a close-knit community atmosphere.

    Families will find Tweed Heads particularly appealing due to its safe environment and access to quality schools and amenities. The suburb boasts a variety of dining options, shopping centers, and recreational facilities, ensuring that residents have everything they need within easy reach. The ongoing infrastructure improvements, including the redevelopment of Tweed Mall and transport upgrades, promise to enhance the suburb's livability and connectivity even further.

    While Tweed Heads offers a peaceful lifestyle, it's important to consider some trade-offs. The relaxed atmosphere means it lacks the vibrant nightlife found in larger urban centers, which might not suit those seeking a more dynamic social scene. Additionally, while the proximity to the Gold Coast is a significant advantage, it can also mean dealing with increased traffic during peak tourist seasons. However, for those who prioritize a tranquil coastal lifestyle with the benefits of modern amenities, Tweed Heads is a wonderful place to call home.

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  • Is it expensive to live in Tweed Heads?

    Living in Tweed Heads can be quite costly, particularly when it comes to housing. The median house price is currently around $1,502,500, while units are priced at approximately $975,000. This places Tweed Heads on the higher end of the property market, especially when compared to many other areas in New South Wales. Renting isn't exactly cheap either, with houses averaging $720 per week and units about $700 per week.

    When you consider the average annual wage in Tweed Heads is roughly $74,000, the cost of living, especially in terms of housing, can take a significant chunk out of one's income. The median total household income weekly is $1,138, which when matched against the property prices and rental costs, suggests that living in Tweed Heads might be a financial stretch for some. If you're thinking of living in Tweed Heads, it's important to weigh these expenses against your income to ensure a comfortable lifestyle in this picturesque coastal suburb.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Tweed Heads a good place to invest?

    Tweed Heads is showing promising signs as a solid investment suburb, with impressive growth in both house and unit values over the past year. The median house value has increased by 13.8%, while units have seen an 11.8% rise. This upward trend suggests a strong demand for properties in the area, making it an attractive option for investors looking for capital growth.

    In addition to property value appreciation, rental yields in Tweed Heads are also on the rise. House rents have increased by 3.6%, and unit rents have jumped by 7.7% over the last 12 months. This indicates a healthy rental market, which is appealing for investors seeking consistent rental income. The combination of rising property values and rental demand makes Tweed Heads a compelling choice for those looking to invest in real estate.

    Overall, Tweed Heads offers a balanced investment opportunity with both capital growth and rental income potential. Its coastal location and lifestyle appeal add to its attractiveness, drawing in both renters and buyers. While the market can fluctuate, the current trends suggest that Tweed Heads is well-positioned for continued growth, making it a worthwhile consideration for property investors.

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