Over the last year, property investments in Reedy Creek, 4227 have given investors a capital gain of 2.87%. This compares averagely with the 2.21% for QLD as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Reedy Creek comes in at number 95th in QLD.
Reedy Creek4227 is located in QLD which offers an average discount of -6.63% to property investors. Reedy Creek itself is showing figures that indicate -4.57% is the average achievable by property buyers investing in the suburb.
Giving property investors a a stable capital gain of 6.99% for the last year, Reedy Creek, 4227 is the 555th highest performer in Australia in this respect.
Reedy Creek,4227 was ranked 729 in Australia by increase in median property value over the quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Reedy Creek, 4227. Typically our figures indicate that -6.56% is being offered, which puts this QLD suburb at 335th most discounted overall in Australia.
At number 934 in a list of fastest selling suburbs, Reedy Creek is in the bottom 40% of suburbs in Australia with an average of days on market 83 for properties listed there.
A $412.5 per week rent on the median house gives suburb investors a gross yield of circa 5.72%, without taking into account capital value appreciation, which has been averaging out at 2.70%.
Reedy Creek is a suburb that’s showing a lot of growth potential, with prices rising by almost 15% in the past yearFull summary
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Affordability and accessibility boost Gold Coast suburb
Median unit price: $355,000
Three-year growth: 18.3%
Rental yield: 5.9%
Reedy Creek is a suburb that’s showing a lot of growth potential, with prices rising by almost 15% in the past year.
Units are affordable at a median price of just over $350,000, and rental yields are very high at 5.9%. Thus, investors are certain to get bang for their buck. Those looking to sell in this area benefit as well, with properties finding buyers in less than 60 days at low discount rates of just 3.3%.
Reedy Creek is situated on the Gold Coast, which is becoming a high-demand region. The suburb is also adjacent to the Pacific Motorway, making it highly accessible. Neighbouring suburbs such as Robina house important facilities like the Robina Town Centre and the Robina railway station.Close