OFF MARKET

29 Murraba Crescent
Tweed Heads NSW 2485

Bedrooms: 5
Bathrooms: 4
Car spaces: 3
Floor area: 278m2
Land area: 616m2
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Property Details for 29 Murraba Cres, Tweed Heads

29 Murraba Cres, Tweed Heads is a 5 bedroom, 4 bathroom House with 3 parking spaces and was built in 1985. The property has a land size of 616m2 and floor size of 278m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
House
Year Built
1985
Floor Size
278m2
Land Size
616m2
Local Government
Tweed
Lot/Plan
4/DP31368

Last Listing description (May 2021)

Three separate and self-contained residences all on the one title and equipped with fantastic views from ocean to hinterland. Currently returning an impressive $1,310 per week and complete with dual street frontage, this has to be the best multi-living residence on the Tweed!

Perfect for those searching for the extended family, a high grossing investment or even a property that you can live in and still raise an excellent income. If this is you, stop looking and put this at the top of your list!

Features:

Upstairs Living
Currently leased $540 pw (lease until 11th of April)
2 bedroom, 2 bathroom, 2 car spaces

Middle Floor Living
Currently leased $440 pw
2 bedroom, 1 bathroom, 1 car space

Lower Level Living
Currently leased $330 pw
1 bedroom, 1 bathroom , 1 car space

Gross Return: $1,310 per week

**Open home is in NSW time**

Property History for 29 Murraba Cres, Tweed Heads, NSW 2485

A timeline of how this property has performed in the market
Last Sold
$1,000,000
20 Apr 2021
Listed for Rent
09 Oct 2023
  • 20 Apr 2021
    Sold for $1,000,000
  • 14 Dec 2020
    Listed for Sale $1,050,000
  • 18 Feb 2020
    Listed for Rent $540 / week
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About Tweed Heads 2485

The size of Tweed Heads is approximately 4.5 square kilometres. It has 15 parks covering nearly 12.6% of total area. The population of Tweed Heads in 2011 was 7,525 people. By 2016 the population was 8,171 showing a population growth of 8.6% in the area during that time. The predominant age group in Tweed Heads is 60-69 years. Households in Tweed Heads are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tweed Heads work in a professional occupation. In 2011, 57.5% of the homes in Tweed Heads were owner-occupied compared with 58.3% in 2016.

Tweed Heads has 6,846 properties. Over the last 5 years, Houses in Tweed Heads have seen a 73.88% increase in median value, while Units have seen a 74.45% increase. As at 31 October 2024:

  • The median value for Houses in Tweed Heads is $1,102,895 while the median value for Units is $808,447.
  • Houses have a median rent of $700 while Units have a median rent of $695.
There are currently 51 properties listed for sale, and 27 properties listed for rent in Tweed heads on OnTheHouse. According to CoreLogic's data, 306 properties were sold in the past 12 months in Tweed heads.

Suburb Insights for Tweed Heads 2485

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.