Reid is a quiet locality in South Australia within the Gawler local government area (postcode 5118). With a population of 436, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $105K per year, with an average household size of 3 people. The most common occupations are technicians & trades, community & personal service, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Reid is $835,000, having increased 5% over the past year. The median weekly rent is $350 (Census 2021). This gives a gross rental yield of approximately 2.2%. 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.
From an investment perspective, Reid offers a gross rental yield of 2.2%, rated as low 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 +5.0% year-on-year.
Reid is a quiet locality in South Australia within the Gawler local government area (postcode 5118). With a population of 436, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $105K per year, with an average household size of 3 people. The most common occupations are technicians & trades, community & personal service, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Reid is $835,000, having increased 5% over the past year. The median weekly rent is $350 (Census 2021). This gives a gross rental yield of approximately 2.2%. 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.
From an investment perspective, Reid offers a gross rental yield of 2.2%, rated as low 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 +5.0% year-on-year.