Giving property investors a an average capital gain of 1.92% for the last year, Reedy Creek, 4227 is the 1674th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Reedy Creek has increased when compared to the 5 year average annual rate.
Reedy Creek4227 is located in QLD which offers an average discount of -6.78% to property investors. Reedy Creek itself is showing figures that indicate -5.64% is the average achievable by property buyers investing in the suburb.
Property investors should expect to get $750 weekly from the median priced house in this suburb.
QLD has seen average median house prices change by 0.65% which means that Reedy Creek, 4227 has done well for property investors by showing a capital gain of -0.82% over the last year
Reedy Creek,4227 has offered an average of -0.82% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -4.03% 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 4.42 sales per month, which equates to 53 per year.
Reedy Creek is 96th on a list of best yielding suburbs for rents in QLD with a 6.32% return
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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.