Reedy Creek is a mid-sized suburb in Queensland within the Gold Coast local government area (postcode 4227). With a population of 7,412, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $116K per year, with an average household size of 3.1 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Reedy Creek is $1.4 million, having surged 16.7% over the past year. Units have a median price of $700,000 (+13.8% YoY). The current median weekly rent is $970. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $2,167.
Reedy Creek is served by 3 schools, including 3 combined. The average ICSEA score is 1081, which is above the national average of 1,000. Public transport access includes 21 bus stops. The crime rate in the Gold Coast LGA is moderate at 5,745 incidents per 100,000 population.
From an investment perspective, Reedy Creek offers a gross rental yield of 3.6%, rated as moderate yield. Property prices are near the state median ($1.4M/$1.1M). The price-to-income ratio of 12.1x is considered stretched. House prices have moved +16.7% year-on-year.
Reedy Creek is a mid-sized suburb in Queensland within the Gold Coast local government area (postcode 4227). With a population of 7,412, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $116K per year, with an average household size of 3.1 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Reedy Creek is $1.4 million, having surged 16.7% over the past year. Units have a median price of $700,000 (+13.8% YoY). The current median weekly rent is $970. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $2,167.
Reedy Creek is served by 3 schools, including 3 combined. The average ICSEA score is 1081, which is above the national average of 1,000. Public transport access includes 21 bus stops. The crime rate in the Gold Coast LGA is moderate at 5,745 incidents per 100,000 population.
From an investment perspective, Reedy Creek offers a gross rental yield of 3.6%, rated as moderate yield. Property prices are near the state median ($1.4M/$1.1M). The price-to-income ratio of 12.1x is considered stretched. House prices have moved +16.7% year-on-year.