Tweed Heads Market Update 1st Half 2025
In Q4 2024, Tweed Heads* recorded a median house price of $1,800,000 and a median unit price of $875,000.This represents stable price growth in the past 12months to Q4 2024and a softening of -7.9% for units. This creates a prime opportunity for buyers to enter the market. Comparing Q4 2023and Q4 2024,total sales declined by -6.6% for houses (to 702 sales in Q4 2024)and -22.3% for units (to 311sales in Q4 2024),indicating higher interest rates have impacted the market. With a limited number of new houses and townhouses in the 2025project pipeline, this window of opportunity may be short-lived, thus buyers need to actfast.
HALF YEAR CHANGE FROM LAST
HOUSE SALES
HOUSE MEDIAN PRICE
HOUSE RENTAL PRICE
Tweed Heads£ will see approximately $828.8Mofnewprojectscommencing constructionin2025
MEDIAN PRICE Q4 2024 MEDIAN PRICE Q4 2024
AVERAGE DAYS ON MARKET Q4 2024
60 $1.8M $875K
AVERAGE DAYS ON MARKET Q4 2024
A main infrastructure project is Clarrie Hall Dam Raising (Local Government, $304M), aimed at increasing the dam wall height by 8.5mto a height of 70m AHD (RL70). This will improve liveability.
Key residential projects include:
• Quay Grand Apartments Tweed Heads Stages 1& 2 (122Apartments)
• 412& 512 Terranora Road & Parkes Lane Subdivision Stage 1-6 (154 Lots)
• 7-9 Shallow Bay Drive (36 Units)
• 4-8 Bells Boulevard (6 Dwelling)
Several residential projects planned in Tweed Heads will add new stock into the market, which will assist with current demand. There is still a very small number of new ready-to-sell houses, which thus an undersupply is possible. If so, this will push up prices, stimulating a price recovery.
AVERAGE VENDOR DISCOUNT*
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.
Average vendor discounts between Q4 2023and Q4 2024 have tightened to -2.2% for houses but widened to -4.2% for units. The Tweed Heads* market still favourbuyers, as the final sales price is till below the initial listing prices. Q3 and Q4 2024average house vendor discount suggests a swing froma seller’s (premium) market to a buyer’s (a discount). Thus,now is an ideal time for buyers to act.
The suburb of Tweed Heads has outperformed the wider Tweed Shire Local Government Area (LGA) in house prices for the past 5 years. This continued in 2024,with notable growth in house prices. Unit prices between the suburb and LGA is on par, creating an opportunity for buyers.
Most of the homes sold in Tweed Heads* in 2024were in the premium price bracket, with 41.8%of houses sold at $1.95M and above and 29.5% of units sold at$1.0M and above. However, 38.2%of houses sold were in the most affordable price point of less than $1,649,999and 26.5% of units sold at less than$699,999. This offers opportunities for first-home buyers. There are options available in the middle price bracket for both property types, providing opportunities for buyers with varying budgets.
MARKET COMPARISON
Tweed Heads (2485) House
Tweed Shire LGA House Tweed
(2485) Unit 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 Heads.
PRICE
BREAKDOWN 2024
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 Heads¥ was 3.5%as of December 2024, slightly higher than Gold Coast Main (3.4%). This is paired with a 7.9%growth in median house rental price in the past 12 months to Q4 2024,at $890per week. During this same time, the number ofhouses rented decreased, by 33.3%(to 16 houses in Q4 2024). This indicates an undersupplied house rental market in Tweed Heads¥, thus, there is still room for investors to enter the market.
4+ bedroom houses have provided investors with a significant +25.0% rental growth annually, achieving a median rent of $1,125per week.
Tweed Heads¥ recorded a vacancy rate of 0.4% in December 2024, lower than the Tweed Shire average of 1.0% and Gold Coast Main’s average of 1.1%. Vacancy rates have fluctuated in the past 12months, but overall declined, indicating an even tighter the market. Furthermore, a 0.4% vacancy rate is still well below the Real Estate Institution of Australia’s healthy benchmark of 3.0%, thus a quicker occupancy of rental properties in Tweed Heads¥ market. This creates an ideal environment for investors, especially with a more affordable price in the past 12 months.
RENTAL VACANCY RATES 2025
Tweed Heads (2485) Tweed Shire LGA Gold Coast Main REIA 'Healthy' Benchmark
RENTAL YIELD 2025§
TweedHeads¥
PROJECT DEVELOPMENT MAP 2025 ₳
TWEED HEADS
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REFERENCES
* Tweed Heads sales market data and key indicators encapsulates aggregate property market conditions within the Tweed Shire Local Government Area.
** 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 Heads rental market data encapsulates aggregate property conditions within the postcode of 2485.
§ 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 Tweed Shire Local Government Area.
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.
