Tweed Heads
8 W E E K S U B U R B S N A P S H O T
Suburb Snapshot
46
$1,322,000 Highest House Sale Price
sales achieved in January & February 2024
Suburb Average DOM *Statistics from Pricefinder and preliminary Auction data from Ray White January&February2024
14
House
36
$11,573,250 Total Worth of Property Sold $895,250 Median House Sale Price 22 RWTE Average DOM January&February2024
Suburb Auction Clearance January&February2024 88% RWTE Auction Clearance January&February2024
58%
$1,530,000 $32,631,501 Total Worth of Property Sold $699,000
HEADS
TWEED
Highest Unit Sale Price
sales achieved in January
February 2024 Median Unit Sale Price
1st January - 29th February 2024
Unit
&
Recently Sold
TWEED HEADS
1st January - 29th February 2024
*AllinformationsourcedisfromPricefinder&thisreportprovidesanoverviewofallsalesthathavetakenplaceinthearea,byallagentsnotonlythoseofRayWhiteTugun/Elanorabutotheragenciesaswell Inpreparingthisdocumentwehave usedourbestendeavourstoensuretheinformationcontainedhereinistrueandaccurate butweacceptnoresponsibilityanddisclaimallliabilityinrespecttoanyerrors omissions inaccuracies ormisstatementsthatmayoccur ADDRESS SUBURB PARTICULARS PRICE DATE
90/14-22 Stuart Street Tweed Heads - - Feb 24 7/2-6 Inlet Drive Tweed Heads 3b 2b 1c $720,000 Feb 24 6 Jalibah Avenue Tweed Heads 3b 1b 1c $1,263,000 Feb 24 2/54 Keith Compton Drive Tweed Heads 3b 2b 2c $1,240,000 Feb 24 4/54 Adelaide Street Tweed Heads 2b 2b 1c $675,000 Feb 24 25 Murraba Crescent Tweed Heads 4b 2b 2c $1,010,000 Feb 24 8/42-44 Dry Dock Rd Tweed Heads 2b 1b 1c $525,000 Feb 24 78/1 Carramar Drive Tweed Heads - $580,000 Feb 24 1/8 Marian Street Tweed Heads 3b 1b 1c $560,000 Feb 24 2/178 Kennedy Drive Tweed Heads 2b 1b 1c $550,000 Feb 24 14 Minore Place Tweed Heads 4b 2b 2c $1,322,000 Feb 24 10 Murraba Crescent Tweed Heads 4b 2b 1c $942,000 Feb 24 3/6 Buchan Avenue Tweed Heads 2b 2b 1c $673,000 Feb 24 9/20-22 Thomson Street Tweed Heads 3b 2b 1c $1,900,000 Feb 24 505/37 Bay Street Tweed Heads 2b 2b 1c $1,050,000 Feb 24 5/15 Rose Street Tweed Heads 2b 2b 1c $495,000 Feb 24 56 Thomson Street Tweed Heads 3b 1b 1c $300,000 Feb 24 10/1-9 Gray Street Tweed Heads 2b 1b 1c $490,000 Feb 24 2/75-77 Wharf Street Tweed Heads - $610,000 Feb 24 62-64 Panorama Drive Tweed Heads 5b 2b 1c - Feb 24 26 Recreation Street Tweed Heads 2b 2b 1c $845,000 Feb 24 2/8-14 Soorley Street Tweed Heads 3b 2b 1c $750,000 Feb 24 9 Holden Street Tweed Heads 3b 1b 1c $870,000 Feb 24 22/20-22 Thomson Street Tweed Heads 3b 2b 2c $1,267,000 Feb 24
Recently Sold
TWEED HEADS
*AllinformationsourcedisfromPricefinder&thisreportprovidesanoverviewofallsalesthathavetakenplaceinthearea,byallagentsnotonlythoseofRayWhiteTugun/Elanorabutotheragenciesaswell Inpreparingthisdocumentwehave usedourbestendeavourstoensuretheinformationcontainedhereinistrueandaccurate butweacceptnoresponsibilityanddisclaimallliabilityinrespecttoanyerrors omissions inaccuracies ormisstatementsthatmayoccur ADDRESS SUBURB PARTICULARS PRICE DATE
15/18 Brett Street Tweed Heads 2b 1b 1c $551,500 Feb 24 11/189 Kennedy Drive Tweed Heads 2b 1b 1c $495,000 Feb 24 3/26 Recreation Street Tweed Heads 1b 1b - $635,000 Feb 24 8/16 Hill Street Tweed Heads 2b 1b 1c $865,000 Feb 24 11/24 Mcgregor Crescent Tweed Heads - $890,000 Feb 24 6 Laurel Place Tweed Heads 3b 2b 2c $900,500 Feb 24 4/1 Rosella Close Tweed Heads 3b 2b 1c $780,000 Feb 24 3/100 Kennedy Drive Tweed Heads 2b 1b 1c $480,000 Feb 24 7 Russell Way Tweed Heads 3b 1b 2c $850,000 Feb 24 2-6 Inlet Drive Tweed Heads 3b 2b 1c $720,000 Feb 24 2/26 Recreation Street Tweed Heads 1b 1b - $625,000 Jan 24 2/1-3 Agnes Street Tweed Heads 2b 2b 1c $698,000 Jan 24 4/17 Powell Street Tweed Heads 3b 2b 1c $998,000 Jan 24 1/15 Boyd Street Tweed Heads 3b 2b 1c $775,000 Jan 24 7 Stradbroke Drive Tweed Heads 4b 2b 2c $921,000 Jan 24 63/1-9 Gray Street Tweed Heads - $48,000 Jan 24 10/4 Botany Crescent Tweed Heads 2b 2b 1c - Jan 24 112 Dry Dock Road Tweed Heads 2b 1b 2c $390,000 Jan 24 2/28 Boyd Street Tweed Heads 2b 1b 3c $575,000 Jan 24 16/182-184 Kennedy Drive Tweed Heads 2b 1b 1c $532,000 Jan 24
4/14 Pearl Street Tweed Heads 2b 1b 1c $555,000 Feb 24 47/5-7 Soorley Street Tweed Heads 3b 1b 1c $635,000 Feb 24 48 Gollan Drive Tweed Heads 4b 2b 2c $890,000 Feb 24 11 Ivory Crescent Tweed Heads 3b 2b 2c $1,530,000 Feb 24 41/14-22 Stuart Street Tweed Heads - $815,000 Feb 24
1st January - 29th February 2024
Recently Sold
TWEED HEADS
1st January - 29th February 2024
*AllinformationsourcedisfromPricefinder&thisreportprovidesanoverviewofallsalesthathavetakenplaceinthearea,byallagentsnotonlythoseofRayWhiteTugun/Elanorabutotheragenciesaswell Inpreparingthisdocumentwehave usedourbestendeavourstoensuretheinformationcontainedhereinistrueandaccurate butweacceptnoresponsibilityanddisclaimallliabilityinrespecttoanyerrors omissions inaccuracies ormisstatementsthatmayoccur ADDRESS SUBURB PARTICULARS PRICE DATE
45 Seaview Street Tweed Heads 4b 3b -c $1,131,500 Jan 24 360/20 Binya Avenue Tweed Heads 3b 1b 1c $701,000 Jan 24 10/2-4 Boundary Lane Tweed Heads 3b 2b 2c $1,250,000 Jan 24 328/20 Binya Avenue Tweed Heads 3b 1b 1c $700,000 Jan 24 1/2 Botany Crescent Tweed Heads 3b 2b 1c $900,000 Jan 24 207/20 Binya Avenue Tweed Heads 3b 1b 1c $728,000 Jan 24
62/1 Harrier Street Tweed Heads 3b 2b 2c $703,000 Jan 24 127/14-22 Stuart Street Tweed Heads - $920,000 Jan 24
WHY SELL NOW?
REAL-TIME DATA FROM RAY WHITE'S CHIEF ECONOMIST, NERIDA CONISBEE
Australian property prices continued to increase in December and into January and are now well above the previous peak in 2021 for both houses and units. While surprising, given the rapid interest rate increases, the growth reflects a combination of continued population growth and limited new housing supply
With supply levels expected to remain limited this year despite some stability in construction costs emerging, sentiment surrounding interest rates being at their peak are likely to lead to continued price growth
Listing volumes ended 2023 aligned with results in 2022; historically, December has subdued results given the holiday season January, historically, also has a slower start to the year, however preliminary data for 2024 is suggesting alignment with prior years While price growth usually results in greater properties coming to market, the mismatch between construction and population has led to sellers being cautious about bringing their home to market
Auction clearance rates did see some decline during the end of 2023, yet remained ahead of 2022 results Auction clearance rate results for January 2024 have shown encouraging results on the Southern Gold Coast, with Ray White Tugun Elanora achieving 100 per cent, ahead of the 2023 rate of 86 per cent Lack of stock, resulting in greater competition at auction despite elevated interest rates, will likely continue to be a feature this year
Bidder activity across the Ray White Group has shown significant improvements in 2024, with the number of active bidders up, with registered bidders also showing increase As listings remain tight, competition to secure homes will likely result in greater bidder activity this year
Alex Phillips
Forward thinking and fast paced by nature, Alex has an unrivalled flair for customer service having previously owned a business within the hospitality industry It’s his lively character paired with the ability to connect that allows him to establish rapport with his clients in no time at all
Relocating his young family to the Gold Coast in 2015, Alex and his wife Alicia, have a weighted appreciation of the opportunities & lifestyle our region offers Now in the position to raise their children to see the value of hard work, dedication and ambition while teaching them the importance of a hearty, healthful lifestyle These are principles in life that ultimately reflect in Alex's work ethic
Humble enough to know all good things take time; with plenty of resources to identify the right answer, he’s approaching each sale from all angles And making sure your campaign’s getting his best one
S C A N / C L I C K T H E Q R C O D E F O R A N O B L I G A T I O N F R E E P R O P E R T Y A P P R A I S A L C U R I O U S T O K N O W H O W T H E S E R E C E N T R E S U L T S M A Y H A V E I N F L U E N C E D T H E P R I C E O F Y O U R P R O P E R T Y ?
0404 335 212
alex phillips@raywhite com alex phillips rwte
THE GOLD COASTS LARGEST ONLINE AUCTION EVENT
Sell your property on a monumental scale with the backing of Australia’s #1 Real Estate Network No other marketing campaign has the potential to reach more buyers or build more profile on a national level.
ACHIEVE THE HIGHEST POSSIBLE PRICE ON THE VERY BEST TERMS
Ray White proudly conducted 333 auctions across Queensland in January alone with an average of 5.5 registered bidders per property. With 7 in every 10 Auctions selling in 3 weeks or less, with no finance, no building and pest clause, and no cooling off period Our consistent objective on every individual campaign is simple, to achieve the highest price on the very best terms for our sellers.
MAXIMUM EXPOSURE & UNPARALLELED SUCCESS
From first home buyers to downsizers, investors & expats, the Gold Coasts most skilled and experienced Auction offices will bring together the largest qualified buyer pool no matter where they are located Our ability to draw a crowd and create competition has benefited past sellers whose sale price achieved under the hammer was on average at least 12% higher than the best offer they received prior to Auction in January.
Interested in selling, buying or watching this event?
SCAN THE QR CODE FOR OUR EVENT INFORMATION PAGE
S U N D A Y , 2 1 S T A P R I L 2 0 2 4
www.raywhitetugunelanora.com.au