Suburb Profile Report for Reedy Creek QLD (4227)

Reedy Creek House: Median price $787,000, Annual capital growth 4.03%, Number of sales 110, Weekly median advertised rent $700

Reedy Creek Unit: Median price $355,000, Annual capital growth 3.89%, Number of sales 97, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

QLD has seen average median house prices change by 2.45% which means that Reedy Creek, 4227 has done well for property investors by showing a capital gain of 5.05% over the last year

Reedy Creek,4227 was ranked 1269 in Australia by increase in median property value over the quarter.

Reedy Creek4227 is located in QLD which offers an average discount of -6.86% to property investors. Reedy Creek itself is showing figures that indicate -6.36% is the average achievable by property buyers investing in the suburb.

The QLD suburb of Reedy Creek, 4227 is in the Gold Coast local government area.

Reedy Creek is in the TOP 10% in QLD when comparing median price capital growth over the last year. Reedy Creek gave property investors a very good capital gain figure when compared to the rest of the state, with 14.52%.

Over the longer term, Reedy Creek has seen property prices show investors a 18.33% return over the last 3 years. This is worse than over the last 12 months

The most recent median price for Reedy Creek is $355000, with sellers offering an average of -3.32% off the asking price.

The QLD suburb of Reedy Creek, 4227 is in the Gold Coast local government area.

Metrics i HOUSE UNIT
$787,000 $355,000
2.88% 2.60%
5.05% 14.52%
4.03% 3.89%
$700 $400
110 97
4.63% 5.86%
65.15 55.65

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 5712
Median household income ($/weekly) 1356
Median age of persons 34
Median housing loan repayment ($/monthly) 2247
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 1034 18.1
    25-34 years 702 12.3
    35-44 years 1035 18.1
    45-54 years 754 13.2
    55-64 years 541 9.5
    Others 1646 28.8
    Age Group
    Census Count Percent(%)
    Registered Married 2124 54.4
    Not Married 1423 36.5
    Defacto Relationship 355 9.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 3916 72.0
    Papua New Guinea 471 8.7
    South Africa 133 2.4
    United Kingdom 395 7.3
    Other 166 3.1
    Others 355 6.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 71 1.4
    Christianity 3924 75.2
    Hinduism 22 0.4
    Islam 32 0.6
    No Religion 1130 21.6
    Others 41 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 160 9.5
    $800-$999 165 9.8
    $1,250-$1,499 165 9.8
    $1,500-$1,999 222 13.2
    $2,000-$2,499 202 12.0
    Others 771 45.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1649 41.3
    Not in the labour force 1064 26.6
    Employed, worked part-time 949 23.8
    Unemployed, looking for work 194 4.9
    Employed, away from work 139 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 326 11.9
    Professionals 523 19.1
    Technicians & trades workers 397 14.5
    Clerical & administrative workers 434 15.8
    Sales 352 12.9
    Others 707 25.8
    Occupation
    Census Count Percent(%)
    Pre-school 112 7.0
    Infants/Primary 673 42.0
    Secondary 469 29.3
    Technical or Further Educational Institution 106 6.6
    University or other Tertiary Institutions 203 12.7
    Others 39 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3804 70.1
    Semi-detached, row or terrace house, townhouse 1606 29.6
    Flat, unit or apartment 13 0.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 970 52.7
    Rented 528 28.7
    Fully owned 337 18.3
    Other tenure type 6 0.3
    Tenure Type
Census 2011, ABS
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