706/83 Cooyong Street

Reid ACT 2612

The size of Reid is approximately 1 square kilometres. It has 7 parks covering nearly 16.5% of total area. The population of Reid in 2011 was 1,582 people. By 2016 the population was 1,645 showing a population growth of 4.0% in the area during that time. The predominant age group in Reid is 20-29 years. Households in Reid are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Reid work in a professional occupation. In 2011, 41% of the homes in Reid were owner-occupied compared with 38.2% in 2016.

Reid has 1,510 properties. Over the last 5 years, Houses in Reid have seen a 41.13% increase in median value, while Units have seen a 39.34% increase. As at 31 October 2024:

• The median value for Houses in Reid is $2,208,920 while the median value for Units is $524,617.
• Houses have a median rent of $600 while Units have a median rent of $575.