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 15.5%, with the median house price reaching approximately $1.33 million. Units have also seen a significant increase, with values rising by 10.3% and the median unit price now at $875,000, indicating strong demand across both property types.
Sales activity has been active, with 14 houses and 49 units sold over the last three months. Units are moving faster than houses, with a median time on market of 30 days compared to 42 days for houses, suggesting a higher demand for units in the area.
The rental market in Tweed Heads has also shown positive trends, with house rents increasing by 3.6% and unit rents by 7.6% over the past 12 months. The average rent for houses is $720, while units are close behind at $710, reflecting a competitive rental market.
Median price - houses$1.33MPast 3 months
Median price - units$875KPast 3 months
Change in value - houses15.5%12 months
Change in value - units10.3%12 months
Houses sold14Past 3 months
Units sold49Past 3 months
Median DOM - houses42Past 12 months
Median DOM - units30Past 12 months
Average rent - houses$720Past 12 months
Average rent - units$710Past 12 months
Change in rent - houses3.6%Past 12 months
Change in rent - units7.6%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 7.6% to $710 per week. This coastal suburb continues to attract renters and investors alike, thanks to its appealing lifestyle and proximity to both natural attractions and urban amenities.
Suburbs near Tweed Heads
Some popular suburbs near Tweed Heads include: