SOLD
Sold on 24 Oct 2023 for $655,000

5/6 Merlot Court
Tweed Heads South NSW 2486

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 106m2
Land area: 343m2
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Property Details for 5/6 Merlot Ct, Tweed Heads South

5/6 Merlot Ct, Tweed Heads South is a 3 bedroom, 1 bathroom Townhouse with 2 parking spaces and was built in 1995. The property has a land size of 343m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 3 bedroom Townhouse sold in Tweed Heads South in the last 12 months.

Building Type
Townhouse
Year Built
1995
Floor Size
106m2
Land Size
343m2
Local Government
Tweed
Lot/Plan
5/DP285266

Last Listing description (November 2023)

This spacious ground level 3 bedroom villa is perfect for the astute investor or first home buyer looking to get into the market in an attractive Tweed Heads location just minutes drive to all the local amenity you will need, including shops, schools, public transport and medical facilities.
With superior quality designer homes being built in the adjoining sub-division get in now to reap the benefits of increased future price growth in an area sure to be much sought after in the coming years.
The open plan living feels comfortable, spacious and private leading onto 3 large bedrooms and adjoining lock up garage. There is a private, fully fenced easy maintenance back and side yard suitable for the pets.

Low strata fees.
Dont delay. This one wont last long at this price.
Book an inspection today.
.
DISCLAIMER
All information (including but not limited to the property area, floor size, price, address and general property description) is provided as a convenience to you and has been provided to Northern Rivers Property Group / @realty by third parties.
This Information should not be relied upon alone and you should make your own enquiries and seek legal advice in respect to all information about the property contained in this advertisement.

Property History for 5/6 Merlot Ct, Tweed Heads South, NSW 2486

A timeline of how this property has performed in the market
Last Sold
$655,000
24 Oct 2023
  • 24 Oct 2023
    Sold for $655,000
  • 30 Nov 2022
    Listed for Sale $630,000 - $650,000
  • 15 Jun 1995
    Sold for $143,000

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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 5,503 properties. Over the last 5 years, Houses in Tweed Heads South have seen a 78.64% increase in median value, while Units have seen a 90.72% increase. As at 30 September 2024:

  • The median value for Houses in Tweed Heads South is $964,758 while the median value for Units is $767,474.
  • Houses have a median rent of $750 while Units have a median rent of $653.
There are currently 29 properties listed for sale, and 11 properties listed for rent in Tweed heads south on OnTheHouse. According to CoreLogic's data, 187 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.