7 Pearl StreetTweed Heads NSW 2485
Property Details for 7 Pearl St, Tweed Heads
Last Listing description (October 2024)
Significant 2,813m* development site
DA approved for 95 units, with a strong composition of 2 and 3 bedroom product, well suited to both owner occupiers and investors
Zoned: R3 Medium Density Residential
Elevated east facing position with future units to benefit from expansive views
Walking distance to shopping, schools, medical and world class recreation
Range of potential alternate development options, including: build-to-rent, specialised disability accommodation, aged care and retirement^
Within close proximity to the Gold Coast Domestic and International Airport
Capitalise on the critical undersupply of residential product in the Tweed / Southern Gold Coast markets
For Sale via Expressions of Interest
Closing Wednesday, 6 November 2024 4pm (AEST)
For further information, please contact the Ray White Special Projects Qld Marketing Agents.
*Approximately
Property History for 7 Pearl St, Tweed Heads, NSW 2485
- 30 Sep 2024Listed for Sale EOI Closing 6 Nov 2024 4pm (AEST)
- 01 Apr 2024Sold for $8,500,000
- 24 May 2023Listed for Sale Asking Price $9,250,000
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0About 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 6,880 properties. Over the last 5 years, Houses in Tweed Heads have seen a 76.16% increase in median value, while Units have seen a 79.04% increase. As at 31 August 2024:
- The median value for Houses in Tweed Heads is $1,093,218 while the median value for Units is $786,668.
- Houses have a median rent of $710 while Units have a median rent of $668.
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