Reid ACT 2612

Houses Units

Here you can find what you need to know about Reid, ACT, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$1.5m Median Sale Price (National Average $485k) 6th In ACT
$853pw Median Rent (National Average $395) 2nd In ACT
3.0% Median Gross Yield (National Average 4.24%) 84th In ACT
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Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Reid, ACT National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Reid, ACT National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Reid, ACT National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Reid


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Latest Auction Results for Reid as at 02 August 2020

Property Details
Sale Price
28 Currong St
3Bed / 2Bath / 2Car / House
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State Auction Clearance Rates - August 2020

Auctions Clearance rate
ACT 41 73%
NSW 542 65%
NT 5 60%
QLD 122 45%
SA 30 70%
TAS 0 0%
VIC 256 73%
WA 11 18%

Local Schools


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Suburb Information

Reid, ACT 2612

Part of: Canberra Central Council No data available

The size of Reid is approximately 1 square kilometres. It has 5 parks covering nearly 10.1% of total area. The population of Reid in 2011 was 1,582 people. By 2016 the population was 1,645 showing a population growth of 4.0% in the area during that time. The predominant age group in Reid is 20-29 years. Households in Reid are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Reid work in a professional occupation. In 2011, 41% of the homes in Reid were owner-occupied compared with 38.2% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Reid

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Reid   for Houses in last 12 months

Streets in Reid

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