Reedy Lake Suburb Profile

Victoria 3579

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 30 November 2024:

• The median value for Houses in Reedy Lake is $505,223.

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..