OFF MARKET

1/229 Kennedy Drive
Tweed Heads West NSW 2485

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
Land area: 1060m2
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Property Details for 1/229 Kennedy Dr, Tweed Heads West

1/229 Kennedy Dr, Tweed Heads West is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1977. The property has a land size of 1060m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
Unit
Year Built
1977
Floor Size
64m2
Land Size
1060m2
Local Government
Tweed
Lot/Plan
1/SP12203

Last Listing description (April 2022)

-This Ground floor unit in "CHANTADA"

- Spacious open plan living with comfort of reverse cycle air conditionin.

- Bedrooms have built in robes and remote control fans.

- Internal laundry and separate toilet. Generous wardrobe space and linen press.

- This property is also conveniently located with local buses leaving from virtually the front door along with a short walk to the local Panorama Shopping Centre and the Seagulls Rugby League Club.

-The block is located right across the road from the Tweed River and the local renowned PKG Seafood Market/Takeaway and Pharmacy.

-Great first start for someone looking to enter the market and a very smart investment with projected rental returns approx $350 pw yielding approximate 6.2% gross return and a low body corp.

Property History for 1/229 Kennedy Dr, Tweed Heads West, NSW 2485

A timeline of how this property has performed in the market
Last Sold
$395,000
25 Feb 2022
Listed for Rent
$350/w
26 Oct 2017
  • 09 Mar 2022
    Listed for Sale Not Disclosed
  • 25 Feb 2022
    Sold for $395,000
  • 20 Oct 2017
    Listed for Rent $350 / week
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About Tweed Heads West 2485

The size of Tweed Heads West is approximately 11.2 square kilometres. It has 8 parks covering nearly 3% of total area. The population of Tweed Heads West in 2011 was 5,823 people. By 2016 the population was 6,192 showing a population growth of 6.3% in the area during that time. The predominant age group in Tweed Heads West is 60-69 years. Households in Tweed Heads West are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tweed Heads West work in a trades occupation. In 2011, 64.7% of the homes in Tweed Heads West were owner-occupied compared with 63.1% in 2016.

Tweed Heads West has 3,480 properties. Over the last 5 years, Houses in Tweed Heads West have seen a 79.94% increase in median value, while Units have seen a 90.44% increase. As at 30 September 2024:

  • The median value for Houses in Tweed Heads West is $1,013,226 while the median value for Units is $590,806.
  • Houses have a median rent of $790 while Units have a median rent of $580.
There are currently 32 properties listed for sale, and 11 properties listed for rent in Tweed heads west on OnTheHouse. According to CoreLogic's data, 164 properties were sold in the past 12 months in Tweed heads west.

Suburb Insights for Tweed Heads West 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.