Located in South Australia within the Gawler local government area, Reid is a quiet locality (postcode 5118). The area has roughly 436 residents and a blend of families and working-age professionals, with a median age of 33. Households earn a median income of $105K per year, with an average household size of 3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.3% year-on-year at the LGA level. SA employment has moved +2.1% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. SA also had 23 Commonwealth-backed major projects under construction, 2 underway, and 11 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, community & personal service, clerical & administrative. Employment in the area leans toward construction and healthcare. The top ancestries reported are English, Australian, Scottish.
Reid has a median house price of $835,000, which has climbed sharply by 15.8% year-on-year. The current median weekly rent is $650. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,545.
The crime rate in the Gawler LGA is below average at 2,294 incidents per 100,000 population.
Looking at the investment signals, Reid shows a gross rental yield of approximately 4.0%, rated as moderate yield. Property prices are near the state median ($835K/$950K). The price-to-income ratio of 7.9x is considered moderate. House prices have moved +15.8% year-on-year. Population growth of +1.3% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.