Suburb Profile Report for Reedy Creek QLD (4227)

Reedy Creek House: Median price $750,000, Annual capital growth 3.65%, Number of sales 130, Weekly median advertised rent $698

Reedy Creek Unit: Median price $335,000, Annual capital growth 3.81%, Number of sales 87, Weekly median advertised rent $390

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Reedy Creek, 4227 have given investors a capital gain of 4.90%. This compares favourably with the 2.51% for QLD as a whole.

Taking the average capital gain, or increase in median house value, Reedy Creek,4227 has racked up an average of 4.90% over the period. This ranks it number 1676th in the whole country for real estate investors looking at median house price increases.

Property investors looking for a bargain in Reedy Creek should be aiming for at least -4.77% off the asking price, which is the average vendor discount being achieved at the moment.

If you compare the increase in value of investment property in Reedy Creek, 4227 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 8.24%.

When looking at the potential capital gains offered to property investors over the last 3 years, Reedy Creek comes in at number 65th in QLD.

LACK OF BUYER INTEREST may well be the reason that Reedy Creek is offering property investors an average of -6.05. This rate of discount on properties puts Suburb at number 263th in terms of most discounted suburbs in QLD

Often selling an investment property can take time, and in Reedy Creek the average time real estate has been on the market is 60.97 days.

Metrics i HOUSE UNIT
$750,000 $335,000
0.11% 1.52%
4.90% 8.24%
3.65% 3.81%
$698 $390
130 87
4.84% 6.05%
61.8 60.97

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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