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Tweed Heads South suburb profile

Tweed Heads South is a picturesque suburb located in the Northern Rivers region of New South Wales, just south of the Queensland border. Known for its stunning natural beauty, the suburb offers easy access to the Tweed River and nearby beaches, making it a haven for water enthusiasts and nature lovers. The area features a mix of residential, commercial, and recreational spaces, providing a balanced lifestyle for its residents. With shopping centres, schools, and healthcare facilities readily available, Tweed Heads South is a convenient and appealing choice for families, retirees, and those seeking a relaxed coastal lifestyle.

Tweed Heads South property market performance

Tweed Heads South has experienced notable growth in its property market over the past 12 months. House values have increased by 6.8%, with the median house price reaching $1.1 million. Units have seen even more significant growth, with a 13.6% increase, bringing the median unit price to $730,000.

Sales activity has been robust, with 13 houses and 33 units sold in the past three months. Properties are moving quickly, with houses spending a median of 24 days on the market and units just 22 days, indicating strong demand across both sectors.

The rental market in Tweed Heads South has shown a mixed performance. While the average rent for houses has remained stable over the last 12 months, unit rents have surged by 17.2%, reflecting a heightened demand for rental units in the area.

Median price - houses$1.10MPast 3 months

Median price - units$730KPast 3 months

Change in value - houses7.8%12 months

Change in value - units14.5%12 months

Houses sold15Past 3 months

Units sold35Past 3 months

Median DOM - houses24Past 12 months

Median DOM - units20Past 12 months

Average rent - houses$778Past 12 months

Average rent - units$665Past 12 months

Change in rent - houses3.7%Past 12 months

Change in rent - units9.0%Past 12 months

Tweed Heads South demographics

Tweed Heads South, located in the picturesque Northern Rivers region of New South Wales, offers a serene lifestyle with its proximity to both the coast and the hinterland. Known for its relaxed atmosphere, the suburb is particularly appealing to retirees and families seeking a quieter pace of life. The median age of 52 reflects a mature population, with many residents enjoying the area's natural beauty and community-oriented environment.

Housing in Tweed Heads South is characterized by a significant proportion of properties owned outright, accounting for 44.3% of the suburb's dwellings. This high rate of outright ownership suggests a stable community with long-term residents who have settled into the area. Meanwhile, 23.4% of properties are owned with a mortgage, and 32.3% are rented, indicating a balanced mix of ownership and rental opportunities for those looking to move into the area.

The suburb's family dynamics are diverse, with 28.2% of households being couple families with children and 46.0% being couple families without children. One-parent families make up 23.4% of the community, highlighting the suburb's inclusivity and support for various family structures. With a median total household income of $976 per week, Tweed Heads South offers an affordable lifestyle, making it an attractive option for those seeking a peaceful yet connected community.

Tweed Heads South infrastructure, key developments and investment opportunities

Tweed Heads South is experiencing several developments that may impact its property market. The ongoing redevelopment of Tweed Heads Plaza aims to revitalize the area with new retail and dining options, potentially increasing foot traffic and property values in the vicinity. Additionally, recent upgrades to local sporting facilities, including improvements to Dave Burns Field, are enhancing recreational amenities for residents.

Infrastructure improvements, such as the completed Pacific Motorway upgrade through Banora Point, have enhanced connectivity and reduced travel times to nearby urban centers. The suburb's proximity to Gold Coast Airport and beaches continues to drive demand. While no major new school projects are currently underway, the area's established educational facilities and family-friendly environment remain attractive to potential buyers and renters, supporting steady property market conditions in Tweed Heads South.

Tweed Heads South rental market trends

The rental market in Tweed Heads South has shown mixed trends, with house rents remaining stable at $750 per week over the past year, while unit rents have surged 17.2% to $700 per week. This indicates a strong demand for units, making it an attractive option for investors and renters seeking affordability and growth potential in this coastal suburb.

Suburbs near Tweed Heads South

Some popular suburbs near Tweed Heads South include:

Common questions about Tweed Heads South

  • Is Tweed Heads South a nice place to live?

    Tweed Heads South is a delightful suburb that offers a charming blend of coastal living and community spirit. Nestled in the Northern Rivers region, it provides a serene environment with its lush landscapes and proximity to both the Tweed River and stunning beaches. This makes it an ideal spot for families who enjoy outdoor activities and a relaxed lifestyle. The suburb's vibe is laid-back and welcoming, with a strong sense of community that is perfect for those looking to settle down in a peaceful yet connected area.

    Families will find Tweed Heads South particularly appealing due to its convenient access to essential amenities such as shopping centres, schools, and healthcare facilities. The suburb's safety and community-oriented atmosphere make it a great place for raising children. While it may not have the bustling nightlife of a city centre, the trade-off is a quieter, more tranquil lifestyle with plenty of opportunities for outdoor recreation and family-friendly activities.

    One of the trade-offs of living in Tweed Heads South is its distance from major urban centres, which might require a bit of travel for those seeking more diverse entertainment options. However, the recent infrastructure improvements have significantly enhanced connectivity, making it easier to reach nearby cities. The suburb's ongoing developments, such as the revitalization of Tweed Heads Plaza, promise to bring more retail and dining options, adding to the area's appeal. Overall, Tweed Heads South offers a balanced lifestyle that caters to families and individuals seeking a harmonious blend of nature, community, and convenience.

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  • Is it expensive to live in Tweed Heads South?

    Living in Tweed Heads South can be quite a financial commitment, especially when you consider the current property market. The median house price in the area is around $1,100,000, which is a significant investment. If you're looking at units, the median price is slightly more affordable at $730,000. For those considering renting, the average rent for houses is about $750 per week, while units are slightly cheaper at $700 per week.

    When comparing this to the average wage in Tweed Heads South, which is approximately $90,000 per year, it becomes evident that housing costs could take up a substantial portion of your income. This is particularly noticeable when you consider that the median total household income weekly is $976, which is below the average wage in New South Wales. Therefore, living in Tweed Heads South might be challenging for individuals or families earning around the average income, as housing expenses are relatively high compared to the local earnings.

    Overall, while Tweed Heads South offers a beautiful lifestyle with its coastal charm and amenities, the cost of living, especially in terms of housing, can be quite steep. If you're thinking of living in this suburb, it's essential to evaluate your financial situation and ensure it aligns with the costs associated with residing in this picturesque area.

    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 South a good place to invest?

    Tweed Heads South is showing promising signs as a potential investment hotspot, especially for those interested in units. Over the past year, the suburb has experienced a significant 13.6% increase in median unit values, indicating strong demand and appreciation potential. This is complemented by a remarkable 17.2% rise in rent for units, suggesting a robust rental market that could provide attractive returns for investors.

    While the median house value has also increased by 6.8%, the rental market for houses has remained stable with no change in rent over the past year. This stability might appeal to investors seeking a more predictable rental income, although the growth in unit values and rents suggests that units might currently offer more dynamic opportunities.

    Overall, Tweed Heads South presents a compelling case for investment, particularly in the unit market. The combination of strong capital growth and rental yield potential makes it an appealing choice for those looking to capitalize on the suburb's upward trajectory. With its coastal charm and proximity to amenities, Tweed Heads South is well-positioned to attract both renters and buyers, making it a suburb worth considering for investment.

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