Investment property in Reedy Creek has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.92%
The five-year average increase in median property values for Reedy Creek,4227 has given property investors a potential capital gain of 31.97% across each of those five years.
Sellers are offering property buyers an average discount of -5.28% to buyers in Reedy Creek at the moment, which is less than average for the rest of QLD.
On average over the past year, suburb has had 10.33 sales per month, which equates to 124 per year.
With the median price for a house in Reedy Creek being $805000 and the advertised rent reaching $715 the gross rental yield for property investors calculates out to be 4.62%
Property value increases in Reedy Creek have tracked just higher than the QLD average of -0.66% over the last 12 months.
The five-year average increase in median property values for Reedy Creek,4227 has given property investors a potential capital gain of 38.60% across each of those five years.
Property buyers and investors in Reedy Creek 4227 should be seeing an average reduction in asking price of around -2.58% . This means that Reedy Creek is holding prices well when compared to other suburbs in QLD.
Reedy Creek, 4227’s gross rental yield is 5.80%
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