Reedy Lake Suburb Profile
Victoria 3579

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Reedy Lake has 29 properties. Over the last 5 years, Houses in Reedy Lake have seen a 43.71% increase in median value. As at 31 August 2024:

  • The median value for Houses in Reedy Lake is $350,901.
There are currently 2 properties listed for sale, and no properties listed for rent in Reedy lake on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Reedy lake.

The size of Reedy Lake is approximately 30.5 square kilometres. It has 1 park covering nearly 0.6% of total area. The population of Reedy Lake in 2011 was 311 people. By 2016 the population was 19 showing a population decline of 93.9% in the area during that time. The predominant age group in Reedy Lake is 60-69 years. Households in Reedy Lake are primarily couples with children and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Reedy Lake work in a professional occupation. In 2011, 75.3% of the homes in Reedy Lake were owner-occupied compared with 91.6% in 2016..

Suburb Insights for REEDY LAKE 3579

Market Insights
Reedy Lake Trends for Houses
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Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Reedy Lake Trends for Units
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Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age

Population 19

0-9

 

12%

10-19

 

12%

30-39

 

12%

50-59

 

12%

60-69

 

27%

Household Structure
Occupancy

Last Updated: 20/09/2024

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.