reid 2612
State: ACTPosiProp AI Investment Summary
reid (ACT 2612) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.9% and has experienced a 12-month capital growth of Up 16.3%, with a median house buy price of $1,925,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,750,000
$1,297,500
$2,290,000
$1,925,000
Suburb Market Profile
Last month Reid had 38 properties available for rent and 37 properties for sale. Median property prices over the last year range from $1,925,000 for houses to $485,000 for units. If you are looking for an investment property, consider houses in Reid rent out for $1,000 PW with an annual rental yield of 2.9% and units rent for $620 PW with a rental yield of 6.0%. Reid has seen an annual compound growth rate of 16.3% for houses and -4.9% for units.
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