Unit 8, 1 MORLEY STREET Tweed Heads West NSW 2485
This property is Off Market
- Last sold 10/9/2024 for $507,000. The Average property price in this area is $1,370,096, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 2.17 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential flood risk
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 10/24/2024 1 CARRAMAR DR $505,000
- 10/24/2024 130 JACARANDA AVE $730,000
- 10/16/2024 1 GRAY ST $555,000
- 10/14/2024 35 ALBATROSS CCT $885,000
- 10/9/2024 61 PANORAMA DR $345,105
About Tweed Heads
With an average age of 36, households expect an average monthly mortgage payment of $1,257 or a weekly rent payment of $330. The average family earns a weekly income of $1,260 with a typical household size of 2.1 and a 95.14% employment rate.
In Tweed Heads West there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Tweed Heads West is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Tweed Heads West changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Tweed Heads West to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Tweed Heads West we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Tweed Heads West a better buying opportunity than it may have been in the past.
Public Transport
Broadbeach North
Broadbeach South
Cavill Avenue
Cypress Avenue
Florida Gardens
Northcliffe
Surfers Paradise North
Surfers Paradise
HOTA, Home of the Arts
Surfers Paradise Ferry Terminal
General Points of Interest
South Tweed Indoor Swimming Complex
Piggabeen Sports Complex
Piggabeen Sports Complex
Cliff Douglas Tally Valley Golf Course
Mallawa Drive Sporting Complex
The Pines Shopping Centre
Pacific SLSC
Alleygators Palm Beach Currumbin Rugby Union Club
Recreation Centre
Learn to swim pool
Snapper Rocks
Population
(Country of Birth not stated 11%)
Are people healthy?
There are a recorded 2730 asthma sufferers and 1317 people living with diabetes. In addition, 1398 people have a heart/vascular condition and 2718 people live with three or more chronic diseases.A good place to invest in property?
Tweed Heads a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
New South Wales State average 59 / 100
Income
09 / 100
31 / 100
Industry
22 / 100
22 / 100
Population
23 / 100
19 / 100
House Prices
53 / 100
60 / 100
Jobs
24 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsTweed Hds PS Tweed River HS
-
Pacific Hope School
Tweed Heads South, NSW, 2486 Independent U -
Tweed Heads Public School
Tweed Heads, NSW, 2485 State K-6 -
St Joseph's Primary School
Tweed Heads, NSW, 2485 Independent K-6 -
Coolangatta State School
Coolangatta, QLD, 4225 State Prep-6 -
Banora Point High School
Banora Point, NSW, 2486 State 7-12 -
Tweed Heads South Public School
Tweed Heads South, NSW, 2486 State P-6 -
Pacific Coast Christian School
Tweed Heads South, NSW, 2486 Independent K-12 -
Caldera School
Tweed Heads South, NSW, 2486 State U -
Tweed River High School
Tweed Heads South, NSW, 2486 State 7-12 -
St Joseph's College
Banora Point, NSW, 2486 Independent 7-12
Property Story
Unit 8, 1 Morley Street, Tweed Heads West, Nsw, 2485 is a residential property with 2 bedrooms, 1 bathrooms and 1 Parking spaces. The estimated value of this home is $380,000 while properties of this type typically sell for between $270,000 and $850,000 in this suburb. The estimated distance to the sea is 2.17km and 0.62KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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