Reedy Creek, located in the southern part of the Gold Coast, Queensland, has seen a dynamic and evolving housing market, reflective of the broader trends in this region. Over recent years, property values in Reedy Creek have experienced moderate appreciation, largely due to its desirable location and the increasing demand for suburban living. The suburb offers a mix of housing options, from contemporary townhouses and modern family homes to sprawling acreage properties, catering to a diverse range of buyers. The area's rising popularity is also driven by its proximity to key amenities, including reputable schools, shopping centers, and beautiful natural attractions such as the hinterland and pristine beaches. Consequently, Reedy Creek appeals to both families looking for spacious living environments and investors seeking potential rental returns in a growing market.
Living in Reedy Creek is characterized by a blend of tranquility and convenience, offering residents the best of suburban life with easy access to urban amenities. The community is renowned for its family-friendly environment, underscored by numerous parks, green spaces, and a strong sense of community spirit. Residents enjoy a comfortable lifestyle with access to high-quality educational institutions, such as some of the Gold Coast's top private and public schools. Furthermore, Reedy Creek provides excellent connectivity to major employment hubs due to its strategic location near the Pacific Motorway, making commuting relatively straightforward. The balance of peaceful residential areas with the convenience of nearby shopping, dining, and entertainment options makes Reedy Creek an attractive choice for those looking to enjoy a harmonious and fulfilling lifestyle on the Gold Coast.
Median Weekly Rent | $568.54 |
Median Monthly Mortgage | $1955.15 |
Median Persons Per bed houseroom | 0.81 |
Average Household Size | 2.77 |
Average Age | 38.08 |
Average Income | $824.00 |
Average Cars Per Dwelling | 2.00 |
Average Properties Within 50M | 14 |
Typical 2 bed house | $758,000 |
Typical 3 bed house | $991,000 |
Typical 4 bed house | $1,342,000 |
Typical 5 bed house | $1,625,000 |
Typical 6 bed+ house | $1,410,000 |
Housing Stock
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Thinking about buying in Reedy Creek? Now could not be a better time, with 3133 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,113,000 with prices in this suburb ranging from $316,000 to $3,480,000. Reedy Creek is located fairly close to the coast at just 4Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
In Reedy Creek there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Reedy Creek is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Reedy Creek leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in Reedy Creek to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Reedy Creek the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Instant Property Valuation742 Bowaka Road, Reedy Creek, SA, 5275 | 1 | 1 | $2,399,000 |
King's Christian College
Hillcrest Christian College
Gold Coast Christian College
Australian Industry Trade College
Clover Hill State School
Varsity College
Somerset College
(While the above schools are located with the suburb of Reedy Creek there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Dec | 0.8 | 12.8 | 23.3 | 44.7 | 84.9 | 6.1 | 27.7 |
Jan | 0.5 | 14.0 | 25.1 | 44.4 | 84.9 | 6.3 | 27.5 |
Feb | 0.8 | 14.0 | 24.2 | 48.4 | 86.7 | 5.9 | 23.1 |
Mar | 0.8 | 12.7 | 22.3 | 51.7 | 88.6 | 5.4 | 18.3 |
Apr | 1.2 | 11.1 | 20.2 | 53.4 | 89.1 | 5.4 | 13.6 |
May | 1.9 | 9.5 | 16.7 | 62.5 | 90.2 | 5.5 | 9.4 |
Jun | 2.4 | 7.5 | 14.6 | 66.9 | 90.6 | 5.2 | 8.0 |
Jul | 2.9 | 7.8 | 14.1 | 65.9 | 90.0 | 6.0 | 8.0 |
Aug | 2.2 | 7.5 | 14.5 | 62.7 | 88.5 | 5.9 | 10.9 |
Sept | 1.6 | 8.7 | 16.6 | 59.6 | 88.7 | 6.0 | 15.6 |
Oct | 1.0 | 9.6 | 19.4 | 52.3 | 87.5 | 5.6 | 20.2 |
Nov | 0.9 | 10.8 | 20.9 | 49.2 | 86.9 | 5.8 | 25.4 |
source: Australian Government Bureau of Meteorology
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