AREA REPORTS

Reedy Creek

 

 

QLD/
Reedy creek

Suburb Profile

Reedy Creek - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4227

house
unit

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $786,250.

The upward trend in home prices in REEDY CREEK, 4227 averaged 4.93% per annum over a 3-year period.

Average weekly rents on listings have reached the $720 mark, reflecting a 4.76% increase in returns based on the current median price in REEDY CREEK.

An average of 9.5 real estate transactions take place per month in REEDY CREEK which translates to 114 per annum.

114 properties were sold in REEDY CREEK in 2016, making it the 831st most active market in QLD based on total real estate transactions.

REEDY CREEK, 4227 places 626th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $786,250 $368,800
GROWTH REPORT
Median Quarterly -2.33% 1.74%
Median 12 month 2.78% 3.47%
Median 3 years 14.78% 20.92%
Median 5 years 28.89% 36.59%
10 years average annual 2.69% 2.1%
Weekly media advert. rent $720 $420
Time on Market 77.7 days 58.7 days
Gross Rental Yield Percent 4.76% 5.92%
demographics (median values)
Total Population
4665
Weekly Household Income
1082
Household Size
2.80
demographics
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