Over the last year, property investments in Reid, 2612 have given investors a capital gain of -0.47%. This compares very badly with the 5.72% for ACT as a whole.
If we look at median property appreciation over just the last three months, Reid has given property investors a paper return of -0.42%. This puts Suburb as 59 on a list of fastest fasting appreciating suburbs in ACT
With the median price for a house in Reid being $1376000 and the advertised rent reaching $750 the gross rental yield for property investors calculates out to be 2.83%
Reid is in the bottom 20% in ACT when comparing median price capital growth over the last year. Reid gave property investors a dismal capital gain figure when compared to the rest of the state, with -18.97%.
Over the longer term, Reid has seen property prices show investors a 1.53% return over the last 3 years. This is worse than over the last 12 months
In the last year 20 properties changed hands in Reid, which puts it as the 50th most active market in ACT when comparing the number of sales per suburb.
Reid is 31th on a list of best yielding suburbs for rents in ACT with a 5.06% return