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 a robust property market over the past 12 months, with both houses and units showing significant value increases. House values have risen by 7.7%, bringing the median house price to $1.02 million, while unit values have surged by 12.7%, with a median price of $755,500. This indicates a strong demand for both property types in the area.
Sales activity has been active, with 13 houses and 26 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 20 days, reflecting a competitive market environment.
The rental market in Tweed Heads South has also seen notable growth, with house rents increasing by 6.6% and unit rents by 9.7% over the last 12 months. The average rent for houses is now $768, while units average $680, highlighting strong rental demand.
Median price - houses$1.02MPast 3 months
Median price - units$756KPast 3 months
Change in value - houses7.7%12 months
Change in value - units12.7%12 months
Houses sold13Past 3 months
Units sold26Past 3 months
Median DOM - houses24Past 12 months
Median DOM - units20Past 12 months
Average rent - houses$768Past 12 months
Average rent - units$680Past 12 months
Change in rent - houses6.6%Past 12 months
Change in rent - units9.7%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 experienced moderate growth, with house rents increasing by 6.6% over the past year to $768 per week, while unit rents have seen a more significant rise of 9.7% to $680 per week. This growth reflects the suburb's appeal, driven by its coastal lifestyle and proximity to key amenities, making it an attractive option for both renters and investors.
Suburbs near Tweed Heads South
Some popular suburbs near Tweed Heads South include: