23 Lorikeet Drive, Tweed Heads South NSW 2486
23 Lorikeet Drive, Tweed Heads South NSW 2486
23 Lorikeet Drive is a 4-bedroom, 2-bathroom, 2-car house on a 472 m² block, sold in March 2022 for $1,080,000; the property is described as a *near-new* home with two separate living areas and two bathrooms. The property was listed for sale on 18 June 2026 as a house in Tweed Heads South.
4 bed family house | 472m² near-new block | two separate living areas | modern Tweed Heads South pocket | sold March 2022 for $1,080,000
This property sits competitively in Tweed Heads South as a near-new home with four bedrooms and two separate living areas, a configuration that appeals strongly to families seeking space without the maintenance of older stock. Its 472m² block is a standard suburban lot, placing it between smaller attached dwellings and larger elevated homes in the area, which means it serves buyers who want modern finishes and practical layout rather than land size alone. The house is a standalone dwelling, not a duplex or townhouse, and its two bathrooms and two-car parking meet typical family expectations. The immediate street shows a mix of modern detached homes and attached stock, indicating this pocket attracts both owner-occupiers and investors, but the four-bedroom format leans more toward families or downsizers wanting a low-maintenance home. The March 2022 sale price of $1,080,000 reflects the market at that time, and given the area’s newer housing cluster, this property likely holds appeal for those prioritising move-in readiness over renovation potential.
The land size of 472m² may constrain value growth compared to larger blocks in the suburb, as buyers seeking substantial outdoor space or future subdivision potential might look elsewhere. The property’s near-new construction means depreciation and maintenance costs are low, but its value could be influenced by how the immediate pocket develops, as ongoing infill housing may shift the neighbourhood character. The absence of specific finishes or aspect details means the internal quality and orientation are unknowns that could affect desirability, so a buyer should verify these factors in person. School catchment boundaries are not confirmed from available data, which may matter for family buyers, and rental demand appears present but unquantified, so yield expectations should be checked against current market rents. The property’s position in a modern residential area with limited land is a trade-off between convenience and long-term scarcity.
Detailed Independent Property Report prepared by PropCred Analyst team for 23 Lorikeet Drive, Tweed Heads South NSW 2486
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
Execution Risk
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Market Insight
Tweed Heads South is a high-demand coastal market experiencing robust price growth, driven by its proximity to the Gold Coast and significant buyer activity. Demand substantially outpaces the limited new supply in the development pipeline, creating a competitive market with strong upward pressure on values. This supply constraint provides a buffer against broader economic headwinds, positioning the suburb for continued capital appreciation.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
450m²
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