Suburb Profile Report for Reid ACT (2612)

Reid House: Median price $1,415,750, Annual capital growth N/A, Number of sales 14, Weekly median advertised rent $800

Reid Unit: Median price $421,500, Annual capital growth 4.39%, Number of sales 14, Weekly median advertised rent $403

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

With the median price for a house in Reid being $1415750 and the advertised rent reaching $800 the gross rental yield for property investors calculates out to be 2.94%

With a capital gain of -17.76% for the last 12 months, Reid, 2612 has performed for property investments than its average annual 4.39% property growth over the last 5 years.

Over the longer term, Reid has seen property prices show investors a -1.98% return over the last 3 years. This is worse than over the last 12 months

HOUSE UNIT
$1,415,750 $421,500
2.46% -2.32%
N/A -17.76%
N/A 4.39%
$800 $403
14 14
2.94% 4.97%
N/A N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 1582
Median household income ($/weekly) 1344
Median age of persons 39
Median housing loan repayment ($/monthly) 2141
Average household size 2
  • Census Count Percent(%)
    20-24 years 184 11.6
    25-34 years 296 18.7
    35-44 years 178 11.2
    45-54 years 248 15.7
    55-64 years 213 13.5
    Others 464 29.3
    Age Group
    Census Count Percent(%)
    Not Married 688 57.9
    Registered Married 393 33.1
    Defacto Relationship 107 9.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 973 68.9
    Croatia 27 1.9
    Papua New Guinea 26 1.8
    United Kingdom 74 5.2
    Other 121 8.6
    Others 191 13.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 54 4.1
    Christianity 698 52.7
    Hinduism 22 1.7
    Islam 50 3.8
    No Religion 485 36.6
    Others 16 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $200-$299 47 7.5
    $300-$399 68 10.8
    $1,500-$1,999 48 7.6
    $2,500-$2,999 72 11.5
    $4,000 or more 59 9.4
    Others 334 53.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 493 39.2
    Not in the labour force 435 34.6
    Employed, worked part-time 207 16.5
    Unemployed, looking for work 63 5.0
    Employed, away from work 60 4.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 120 15.9
    Professionals 302 39.9
    Technicians & trades workers 51 6.7
    Community & personal service workers 56 7.4
    Clerical & administrative workers 119 15.7
    Others 109 14.4
    Occupation
    Census Count Percent(%)
    Infants/Primary 75 18.8
    Secondary 77 19.3
    Technical or Further Educational Institution 70 17.6
    University or other Tertiary Institutions 154 38.7
    Other type of educational institution 14 3.5
    Others 8 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 632 44.5
    Separate house 625 44.0
    Semi-detached, row or terrace house, townhouse 163 11.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 391 57.4
    Fully owned 175 25.7
    Being purchased 112 16.4
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
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