OFF MARKET

11/42-44 Dry Dock Road
Tweed Heads South NSW 2486

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 78m2
Land area: 1757m2
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Property Details for 11/42-44 Dry Dock Rd, Tweed Heads South

11/42-44 Dry Dock Rd, Tweed Heads South is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 1757m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
Unit
Year Built
1983
Floor Size
78m2
Land Size
1757m2
Local Government
Tweed
Lot/Plan
11/SP20482

Last Listing description (July 2020)

Entry Level Opportunity in Convenient Location

Are you on the hunt for an affordable investment, first home purchase, or downsizing option? This is the property for you!

Across the road from the glistening tweed river and accompanied with low body corporate outgoings, this compact unit is an affordable package that is loaded with potential, perfect for those looking to downsize or make an affordable investment. Nestled among a small block of 12, this property is perfectly positioned only 10 minutes away from the Gold Coast Airport, major shopping centres, and the iconic Coolangatta and Kirra beaches- You've got the entire tweed at your fingertips!

The owner's instructions are clear, this property needs to go. Don't wait around as an opportunity in this location won't last long!

Property features include:
* Two great sized bedrooms with B/I/R
* Single car lock-up garage
* Well maintained and looked after complex

Investor Features:
Rental Appraisal: $320-350 pw
Strata Rates: $2,590.00 p.a
Council Rates: $2,587.00 p.a

Location Offers:
< 10 minutes to Gold Coast Airport
< 10 minutes to SCU University
< 10 minutes to award winning cafe/restaurant precincts
40 minutes to Byron Bay (approx).
60 minutes to Brisbane CBD (approx).

Property History for 11/42-44 Dry Dock Rd, Tweed Heads South, NSW 2486

A timeline of how this property has performed in the market
Last Sold
$305,000
31 May 2020
Listed for Rent
$270/w
30 Nov 2014
  • 31 May 2020
    Sold for $305,000
  • 25 May 2020
    Listed for Sale $290,000 to $310,000
  • 14 Jul 2015
    Sold for $225,000
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About Tweed Heads South 2486

The size of Tweed Heads South is approximately 11.5 square kilometres. It has 20 parks covering nearly 32.3% of total area. The population of Tweed Heads South in 2011 was 7,902 people. By 2016 the population was 7,640 showing a population decline of 3.3% in the area during that time. The predominant age group in Tweed Heads South is 60-69 years. Households in Tweed Heads South are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tweed Heads South work in a community and personal service occupation. In 2011, 62.4% of the homes in Tweed Heads South were owner-occupied compared with 60.5% in 2016.

Tweed Heads South has 5,523 properties. Over the last 5 years, Houses in Tweed Heads South have seen a 78.82% increase in median value, while Units have seen a 78.88% increase. As at 31 July 2024:

  • The median value for Houses in Tweed Heads South is $934,697 while the median value for Units is $736,019.
  • Houses have a median rent of $788 while Units have a median rent of $650.
There are currently 26 properties listed for sale, and 11 properties listed for rent in Tweed heads south on OnTheHouse. According to CoreLogic's data, 192 properties were sold in the past 12 months in Tweed heads south.

Suburb Insights for Tweed Heads South 2486

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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.