Reedy Lake is in Gannawarra LGA, VIC, postcode 3579, with population 26.
The page is still useful for local context, but the evidence stack is too thin for a clean one-page call. Use nearby stronger suburbs or compare mode before treating it as a serious shortlist decision.
The page is thin enough that nearby alternatives should be checked before shortlisting. Small local population makes the signal set more fragile.
Price series isn't recorded for this suburb. Census housing data is shown instead.
Owners with a mortgage repay a median of $1,508/mo, while renters pay about $1,400/mo — owning runs $108/mo higher on these medians.
LGA-level official projection (Victoria in Future 2023, DTP). Indicative of the wider council area, not a suburb-level forecast.
Reedy Lake is a quiet locality in Victoria within the Gannawarra local government area (postcode 3579). It is home to about 26 residents, with an older-leaning population and a median age of 49. Households earn a median income of $85K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at -0.3% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 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, professionals, clerical & administrative. Employment in the area leans toward public admin & safety and agriculture. The top ancestries reported are English, Australian, Scottish.
The current median weekly rent is $323. The median monthly mortgage repayment is $1,508.
The crime rate in the Gannawarra LGA is higher than average at 8,294 incidents per 100,000 population.
Looking at the investment signals, Population growth of -0.3% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.
Save suburbs here while you browse. Once the shortlist has two or more names, hand it straight into compare.
No saved AU suburbs yet.
No saved suburbs yet. Start with one ranking or suburb page, then compare once you have two candidates.
Open rankings to save the first candidates.
Reedy Lake is usable, but it still needs cross-checking.
QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.
DataVic-discovered annual suburb price workbooks parsed into suburb prices. Quarterly VIC resources are discovered and cached, but not yet used as current-price anchors.
Use current rent as a starting signal, not as a fixed underwriting truth.
Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.
This page stays indexable because Reedy Lake is a real locality with enough context to be directionally useful. The tradeoff is that coverage is lighter than a stronger suburb profile, so the read should stay cautious.
Small-population localities can still be worth checking, but rankings, comparisons, and broad suburb assumptions become noisier faster.
Coverage is thinner on school matches, hospital coverage, and transport stops; lean less on this one page and confirm those gaps elsewhere.
Begin here, but pressure-test the read in compare, against the state hub, or a bigger nearby suburb before deciding.
This page remains visible, but it should be read as a locality brief rather than a full-confidence suburb profile.
This page is useful for direction-setting, not closure. Use it to frame the locality, then confirm the story with compare, stronger nearby suburbs, and the state hub.
If Reedy Lake feels too thin on its own, use these nearby suburbs as stronger local reads before making a shortlist decision.
pop same · rent -$123/wk
Similar local read: useful for context, but still compare the actual market signals.
pop same · rent -$173/wk
Similar local read: useful for context, but still compare the actual market signals.
Reedy Lake is in the Gannawarra Local Government Area, VIC, postcode 3579. Council-level context for Gannawarra LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.
The median weekly rent in Reedy Lake is $323/wk, based on the current market rent dataset. The current rent signal is rent context available.
Rent context available: Reedy Lake has usable rent context. Use this as a suburb screening signal before comparing candidates or modelling a purchase; the matching rent ranking can provide broader market context.
QuickProperty's investment signals for Reedy Lake show: Declining, Steady. These are computed from price, rent, income, and population data — not an opaque score.
Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.
Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.