Reedy Creek, 4227 ranked 326th 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 330th in QLD for increase in median house value (annualised) increase, it is ranked 97th over the last 5 years.
Sellers are offering property buyers an average discount of -6.39% to buyers in Reedy Creek at the moment, which is less than average for the rest of QLD.
Residents and property investors in Reedy Creek have been waiting around 83.5152 days to sell a property.
Reedy Creek, 4227’s gross rental yield is 4.91%
Giving property investors a a stable capital gain of 1.41% for the last year, Reedy Creek, 4227 is the 515th highest performer in Australia in this respect.
Reedy Creek,4227 has offered an average of 1.41% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Reedy Creek 4227 should be seeing an average reduction in asking price of around -4.45% . This means that Reedy Creek is holding prices well when compared to other suburbs in QLD.
Residents and property investors in Reedy Creek have been waiting around 60.875 days to sell a property.
Renters in Suburb are facing rents around $22360 per annum or $430 every week.
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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.