Tweed Coast Market Update 1 st H a l f 2 0 2 5
FUTURE DEVELOPMENTS
OVERVIEW 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 for houses, while unit price declined by -3.6%. Comparing Q4 2023 and 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 on their investments. Conversely, total unit sales increased by 9.1% (to 84 sales in Q4 2024). A softer unit median price is an opportunity for buyers, but with limited new stock planned, time is of the essence.
CHANGE FROM LAST
YEAR
Tweed Coast£ will see approximately $417.2M of new projects commencing construction in 2025. Industrial $6.3M
Commercial $15.7M
Infrastructure $3.8M
Residential $72.7M
HALF YEAR
HOUSE SALE S HOUSE ME DIAN PRICE
Mixed-Use $318.8M
HOUSE RE NTAL PRICE
UNIT SALE S
A main mixed-use project is Uniting Kingscliff Redevelopment ($233.6M), to construct seniors housing in two stages, of 199 independent living units.
UNIT ME DIAN PRICE UNIT RE NTAL PRICE
Key residential projects include:
$ MARKET CONDITIONS MEDIAN PRICE Q4 2024
$1.6M
$867K
MEDIAN PRICE Q4 2024
$1,200
SALES
AVERAGE DAYS ON MARKET Q4 2024
98
61
HOUSE
U N I T
RENTALS
$780
•
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).
AVERAGE DAYS ON MARKET Q4 2024
23
25
HOUSE
U N I T
13 Townhouses
76 Units/ Apartments
13 Dwellings