Tweed Coast Market Update 1st Half 2025
In Q4 2024, Tweed Coast* had a median house price of $1,650,000 and a median unit price of $867,500.This is an annual (Q4 2023 - Q4 2024) 14.2%growth forhouses, while unit price declined by -3.6%. Comparing Q4 2023and Q4 2024,house sales declined by -12.4% (to 85 sales in Q4 2024). This suggests an undersupplied house market, which created a buffer against higher interest rates. Now is the time for house owners to capitalise ontheir investments. Conversely, total unit sales increased by 9.1% (to 84sales in Q4 2024). A softer unit median price is an opportunity for buyers, but with limited new stock planned, time is of the essence.
HOUSE SALES YEAR HALF YEAR CHANGE FROM LAST
HOUSE MEDIAN PRICE
HOUSE RENTAL PRICE
SALES
Tweed Coast£ will see approximately $417.2Mofnewprojectscommencing constructionin2025
PRICE
RENTAL PRICE
MEDIAN PRICE Q4 2024
$1.6M $867K
MEDIAN PRICE Q4 2024
AVERAGE DAYS ON MARKET Q4 2024
98
AVERAGE DAYS ON MARKET Q4 2024
A main mixed-use project is Uniting Kingscliff Redevelopment ($233.6M), to construct seniors housing in two stages, of 199 independent living units.
Key residential projects include:
• Kai Residences Kingscliff (14 Units)
• 9 Grande Parade (16 Units)
• 4-8 Bells Boulevard Dwellings Stages 1 & 2(6 Dwellings)
• 206 Marine Parade Townhouses (3 Townhouses)
Although there are several residential projects planned in Tweed Coast, it will add mostly units, with a few new stand-alone dwellings. This will not be enough to answer demand, which will push up property prices further; for all property types (not just houses). 61 $780 HOUSE UNIT 23 25 $1,200
AVERAGE VENDOR DISCOUNT*
$2,500,000
$2,000,000
$1,500,000
$1,000,000
$500,000
$0
House Unit
Average vendor discounts between Q4 2023and Q4 2024 have widened to -4.9% for houses and -4.4% for units. This is good news for buyers, especially house buyers, as even with median house price growth there is still a discount. Now is an ideal time for buyers to act, while sellers are willing to accept slightly below the first list price. With very little new houses planned, current discounts may not last.
The suburb of Tweed Coast has outperformed the wider Tweed Shire Local Government Area (LGA) in house and unit median prices for the past 5 years. 2024saw this continued, even with a slower growth in Tweed Coast.
Most of the homes sold in Tweed Coast* in 2024were in the most affordable price bracket of less than $1,499,999 (43.5%), presenting opportunities for first-home buyers. The premium market still showed a strong presence, with 37.6%houses sold above $1.8M.In contrast, units saw the highest proportion of sales in the premium bracket above $1.0M (38.7%), followed by the most affordable price point of under $699,999(22.9%). There are options in the middle price brackets, especially for units, providing opportunities for buyers with varying budgets.
MARKET COMPARISON
Tweed Coast (2487) House
Tweed Coast (2487) Unit
Average vendor discount reflects the average percentage difference between the first list price and final sold price. A lower percentage difference (closer to 0.0%) suggests that buyers are willing to purchase close to the first asking price of a property. UNITS SOLD HOUSES SOLD
Tweed Shire LGA House
Tweed Shire LGA Unit
The market comparison graph provides a comparative trend for median price of houses and units over the past 5 years. The main LGA chosen was based on their proximity to the main suburb analysed, which is Tweed Coast.
PRICE BREAKDOWN 2024
Less than $699,999 $700,000 to $799,999 $800,000 to $899,999 $900,000 to $999,999 $1,000,000 and above
RENTAL GROWTH 2025€
House rental yields in Tweed Coast¥ was 3.5% as of December 2024, slightly higher thanGold Coast Main (3.4%). This is paired with a 23.1%growth in median house rental price over the past 12months to Q4 2024,at $1,200per week. At the same time, the number of houses rented decreased, by -8.7% (to 42 houses in Q4 2024). This indicates an undersupplied house rental market in Tweed Coast¥, thus, there is still roomfor investors toenter the market.
4+ bedroom houses have provided investors with a significant +12.5% rental growth annually, achieving a median rent of $1,300per week.
Tweed Coast¥ recorded a vacancy rate of 1.4%in December 2024, above the Tweed Shire average of 1.0% and Gold Coast Main’s average of 1.1%. Vacancy rates have increased in the past 12months, due to investors returning to the market. However, a 1.4% vacancyrate is still well below the Real Estate Institution of Australia’s healthy benchmark of 3.0%, indicating a quicker occupancy of rental properties in Tweed Coast¥ market. This creates a sustainable environment for investors, especially with a more affordable unit price in the past 12 months.
RENTAL VACANCY RATES 2025
Tweed Coast (2487) Tweed Shire LGA Gold Coast Main REIA 'Healthy' Benchmark
RENTAL YIELD 2025§ %
TweedCoast¥
PROJECT DEVELOPMENT MAP 2025 ₳
TWEED COAST
RESEARCH SERVICES
Our research services span over every suburb, LGA,and state within Australia; captured in a variety of standard and customised products, andinclude:
• Advisory and consultancy
• Market analysis including profiling and trends
• Primary qualitative and quantitative research
• Demographic and target market analysis
• Geographic information mapping
• Project analysis including product and pricing recommendations
• Rental and investment return analysis
OUR KNOWLEDGE
Access to accurate and objective research is the foundation of all good property decisions.
OUR PEOPLE
Our research team is made up of highly qualified researchers who focus solely on propertyanalysis.
REFERENCES
* Tweed Coast sales market data and key indicators encapsulates aggregate property market conditions within suburbs of Fingal Head, Chinderah, Cudgen, Kingscliff, Casuarina, Bogangar, Cabarita Beach, Hastings Point, and Pottsville.
** Estimated values are based on construction value provided by the relevant data authority and does not reflect commercial and/or re-sale value.
# 2024 encapsulates sales transactions for the 2024 full year (01/01/2024 – 31/12/2024).
€ Annual rental growth is a comparison between Q4 2023 (01/10/2023 – 31/12/2023)and Q4 2024 (01/10/2024 – 31/12/2024) house median rent figures.
¥ Tweed Coast rental market data encapsulates aggregate property conditions within the postcode of 2487.
§ Rental yields shown are as reported as of December 2024.
₳ Project development map showcases a sample of upcoming projects only, due to accuracy of addresses provided by the data provider for geocoding purposes.
£ Projects refers to the top developments within the postcodes of 2487 and 2489.
µ Estimated value is the value of construction costs provided by relevant data authority, it does not reflect the project’s sale/commercial value.
ψ Commencement date quoted for each project is an approximate only, as provided by the relevant data authority, PRD does not hold any liability to the exact date.
Source: APM Pricefinder, Cordell Connect database, SQM Research, Esri ArcGIS.
Disclaimer: PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material.
Prepared by PRD Research. © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed. © Copyright PRD 2025.
