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 -8.04%.
Reid,2612 was ranked 4078 in Australia by increase in median property value over the quarter.
Reid has had a very poor year for property investment returns compared to the rest of ACT, giving investors a capital gain of -5.26% to date .
A -4.26% growth in median value for property investors in Reid,2612 puts this suburb at number 12th in terms of best performing suburbs in ACT
With the median price for a house in Reid being $450000 and the advertised rent reaching $407.5 the gross rental yield for property investors calculates out to be 4.71%