ACT/
Reid

Suburb Profile

Reid - FREE SUBURB PROFILE REPORT
POSTAL CODE: ACT,2612

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unit

REID, 2612 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in ACT have risen as a whole, pulling REID, 2612 values up and netting property investors a capital gain of 2.29% for the past year.

Investors saw the median home price rise to $1,450,000.

REID now ranks at the 40th place on a list of fastest growing suburbs in the territory.

Because of this real estate investors could earn a rental income of $740 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In REID, homes and units usually stay on listing for an average of 0.0 days.

In 2016, 14 properties were sold in REID during the past year, making it the 82nd most active market in ACT based on total real estate transactions.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,450,000 $451,500
GROWTH REPORT
Median Quarterly 1.01% -3.42%
Median 12 month 2.29% 3.79%
Median 3 years N/A -25.37%
Median 5 years N/A 2.61%
10 years average annual 7.33% 3.26%
Weekly media advert. rent $740 $415
Time on Market 0.0 days 0.0 days
Gross Rental Yield Percent 2.65% 4.78%
demographics (median values)
Total Population
1608
Weekly Household Income
1007
Household Size
2.00
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Capital Gains Tax (CGT) Calculator

Reid, ACT
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