Property value increases in Reedy Creek have tracked close to the QLD average of 2.00% over the last 12 months.
A 28.89% growth in median value for property investors in Reedy Creek,4227 puts this suburb at number 734th in terms of best performing suburbs in QLD
The most recent median price for Reedy Creek is $786250, with sellers offering an average of -6.21% off the asking price.
Using the current median advertised rental of $720 and the average annual increase in value of a median property of 2.69%, investors should hope to achieve an overall return of 4.76%
Reedy Creek, 4227 ranked 106th in QLD when comparing growth in median property values or capital gain over the last 12 months. Reedy Creek is one of 2415 in our list for QLD
While Reedy Creek,4227 ranked number 104th in QLD for increase in median house value (annualised) increase, it is ranked 21th over the last 5 years.
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 -4.65% is being offered, which puts this QLD suburb at 774th most discounted overall in Australia.
Residents and property investors in Reedy Creek have been waiting around 58.75 days to sell a property.
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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.