Reid is in the bottom 10% 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 -3.53%.
The ACT suburb of Reid, 2612 is in the Unincorporated ACT local government area.
Over the last year, property investments in Reid, 2612 have given investors a capital gain of -4.79%. This compares very badly with the 2.54% for ACT as a whole.
Taking the average capital gain, or increase in median house value, Reid,2612 has racked up an average of -4.79% over the period. This ranks it number 1061th in the whole country for real estate investors looking at median house price increases.
On average over the past year, suburb has had 1.58 sales per month, which equates to 19 per year.
Renters in Suburb are facing rents around $4860 per annum or $405 every week.