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The Weekly Real Estate from Coast to Country, November 24, 2022

Page 1

Real Estate FROM COAST TO COUNTRY

Land of opportunity at Tweed Heads West By Jo Kennett TWEED HEADS West used to have a bit of a westie reputation and prices to match, which is kind of crazy when you consider how close it is to lots of really good stuff. It’s bounded by the Queensland border to the north, the Pacific Highway in the east, Terranora Creek and Bilambil Heights in the south, and Cobaki Creek, the Cobaki Broadwater and Cobaki Lakes in the west. So basically, for a western suburb, it’s a far cry from Mount Druitt, because it’s surrounded by nature and water and a short

Tate Brownlee has this great Tweed Heads West home at 21 Pigabeen Rd

drive to some of the loveliest beaches on the Gold and Tweed Coast, as well as all the restaurants, cafes and shopping you could want. Years ago a family member had a new house here in a new estate and it was all very well, new back then, but Tweed Heads West has well and truly grown up and grown into its own now. The smart money started moving into the suburb a while back because there are so many lovely homes either on the water, looking over the water, or a stone’s throw to some sort of water. Just like the Penrith Panthers, Tweed Heads West has been on a winning streak for the last couple of years, but it still has plenty of opportunity for buyers, with most real estate here cheaper than just about anywhere in the shire. Last month Tweed Heads West had 20 properties available for rent and 59 properties for sale. Median property prices over the last year range from $900,500 for houses to $458,500 for units. If you are looking for an

Open Homes Saturday, November 19

investment property, houses in Tweed Heads West rent out for $695 per week with an annual rental yield of 4.3 per cent and units rent for $450 per week with a rental yield of 5.3 per cent. Based on five years of sales, Tweed Heads West has seen a compound growth rate of 18.1 per cent for houses and 15.2 per cent for units. The most expensive house on the market in Tweed Heads West at the moment, that has a price on it, is a four-bedroom canal front home at 6 Tattler Court which is for sale for $1.85 million. It’s on an 800-square-metre block with a giant garage for all your toys, a big pool and entertainment area. The home is fully renovated, has a saltwater pool and its own private sandy beach with a jetty to pull your boat up to after a hard day’s fishing. At the other end of the market, apart from a raft of homes in residential parks, is a unit at 3/14 Honeysuckle Street for $399,000. It’s also been renovated and has two spacious bedrooms in a small well-maintained complex within

DJ Stringer is listing this tidy renovated home at 2/7 Albatross Circuit

cooee of everything. It’s a five-minute drive to Kirra Beach and two minutes to the M1 if you are heading out to work or want to escape south on the weekend like everyone up that way seems to. This is a happening market, with 13 three-bedroom houses for sale in the last month and 32 sold in the last year. If you are coming in at the entry level, there were 17 two-bedroom units available in the last month, so there’s plenty of opportunity

for savvy buyers to get into the market. If you are going to be a westie, you can’t go wrong choosing Tweed Heads West to do it because it represents some of the best bang for your buck and liveability in this amazingly beautiful shire. As us bona fide westies can tell you, sometimes the west really is the best.

5/42 Garrick St, Coolangatta ‘Expressions of Interest’ 1:30-2pm QLD Time

Tate Brownlee Real Estate

MANA Real Estate

5 Westray Avenue, Banora Point 9-9:30am

14 Point Lookout Chase, Murwillumbah 9-9:30am

19 Chevell Place, Smiths Creek, 9-9.30am

1/85 Henry Lawson Drive, Terranora 10-10:30am

4/2 Nunyar Court, Ocean Shores, 9.30- 10am

21 Piggabeen Road, Tweed Heads West 10-10:30am

1/10 Naroomna Drive, Ocean Shores, 9-9.30am

39/3-19 Amaroo Drive, Banora Point 11-11:30am

4 Walgooan Way, Ocean Shores, 10-10.30am

17 Pulkara Court, Bilambil Heights 11-11:30am

2/7 Albatross Circuit, Tweed Heads West ‘$750K-$780K’ 1010:30am NSW Time

51 Garden Avenue, Nunderi, 10.15-11am

12 Ribbonwood Pl, Terranora 12-12:30pm

3/12 Marian St, Tweed Heads West ‘Price Guide $420K-$450K’ 11-11:30am NSW Time

1D Short Street, New Brighton, 11-11.30am

DJ Stringer 14/80-86 Duringan St, Currumbin ‘Interest Over $1.1M’ 1010:30am (QLD Time)

26/6-8 Thomson St, Tweed Heads ‘Price Guide $895K-$945K’ 12-12:30pm NSW Time 2124/14-22 Stuart St, Tweed Heads ‘Price Guide $799K-$830K’ 1-1:30pm NSW Time 1102/14-22 Stuart St ‘Price Guide $780K-$790’ 1:30-2pm NSW Time

20 Wirruna Avenue, Ocean Shores, 10.30-11am 1/3 Haylard Court, Ocean Shores, 11.30-12pm 10 Flintwood Street, Pottsville, 1-1.30pm Sunday, November 27: 30 Nugget Street, Diggers Camp, 12-1pm

37 Illawong Crescent, Terranora 1-1:30pm 20 Bosun Boulevard, Banora Point 2:30-3pm

JET Real Estate 32 Ewing St, Murwillumbah – 9.30 to 10am 1/34 Beryl St, Twee Heads – 11 to 11.30am 237 Mount Burrell Rd, Mount Burrell – 11 to 11.30am

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The Weekly Real Estate from Coast to Country, November 24, 2022 by Tweed Valley Weekly - Issuu