Tweed Heads Real Estate - Suburb Insight.
The area of Tweed Heads represents the central hub of all the areas of Banora Point, Bilambil and Terranora. Tweed Heads is the original CBD of the region, and still contains many of the major services on offer such as the Tweed Mall shopping centre. The area contains a number of parks and gardens, and is serviced by private and public primary schools and three child care centres.
Household Structure of Tweed Heads
Source: RP Data
Median Sale Price of Tweed Heads Real Estate
Source: RP Data
The prominent age group of the Tweed Heads population is 70-79 years, and this is highlighted by the number of quality health care facilities, and the Tweed Heads District Hospital. The population has declined by 16% over the period of 1996-2001, down to 6,318 residents. The level of home ownership has also declined, down to 51% from 65% over the same period of time. Most people living in these homes are couples, but with a high proportion of the occupants living alone. The high proportion of residents in the area are towards the mid to low income bracket, and home owners repaying mortgages are likely paying $800-$1000 per month.
The average price of Tweed Heads real estate is approximately $730,000, inflated a little due to some good sales in the higher market areas of Tweed Heads. Don't let this discourage you, as there are still good real estate bargains in Tweed Heads for anyone looking for a good place to enter the real estate market. Although the community is more predominantly elderly, a lot of opportunities exist in the Tweed Heads real estate market for younger people wanting settle down. The most common occupation of the Tweed Heads resident is a clerical position, and the business growth in the area will always provide employment for any new resident. The central location and the proximity to most major services makes Tweed Heads a great place to live, whatever age group you are coming from.
