Reid River in Charters Towers, Queensland, is a rural locality that offers a peaceful, laid-back lifestyle for those looking to escape the hustle and bustle of city living. The housing market here is characterized by spacious properties, often set on large parcels of land, providing ample room for outdoor activities and gardening. With a range of residences from modest homes to more substantial properties, the area caters primarily to individuals and families seeking tranquility and a connection to nature. The affordability of housing in Reid River is another appealing aspect, often attracting buyers who are priced out of larger urban markets. While real estate transactions may not occur as frequently as in bustling cities, the market maintains a steady interest from those seeking a rural lifestyle.
Living in Reid River offers residents a strong sense of community and a slower pace of life. The wide-open spaces and natural surroundings make it an ideal location for outdoor enthusiasts and those who enjoy agricultural activities. While the locality provides a sense of seclusion, it is still within a reasonable driving distance to Charters Towers, where residents can access essential services, shopping, and educational facilities. Additionally, the friendly local community often comes together for events and gatherings, reinforcing a welcoming atmosphere. While entertainment options may be limited compared to urban areas, the lifestyle in Reid River is enriched by its natural beauty, creating a serene and fulfilling living environment.
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Housing Stock
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Thinking about buying in Reid River? Now could not be a better time, with just 137 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $620,000 with prices in this suburb ranging from $140,000 to $856,000. The aproximate distance to the coast is 34 Km.
In Reid River 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 Reid River 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. The slightly lower than average earnings from occupations in Reid River changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Reid River necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Reid River we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Reid River a better buying opportunity than it may have been in the past.
Instant Property ValuationNone within suburb boundary
(While the above schools are located with the suburb of Reid River 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 | |
|---|---|---|---|---|---|---|---|
| Jan | 3.4 | 21.9 | 33.6 | 41.7 | 92.3 | 2.4 | 23.4 |
| Feb | 8.3 | 21.9 | 32.4 | 50.4 | 94.9 | 1.9 | 22.1 |
| Mar | 3 | 20.6 | 30.9 | 52.3 | 97.4 | 1.8 | 21.6 |
| Apr | 0.5 | 18.1 | 30.3 | 46.3 | 97 | 1.8 | 19.4 |
| May | 1.4 | 14.5 | 26.2 | 46.4 | 92.4 | 1.7 | 15.8 |
| Jun | 0.9 | 12.7 | 25.1 | 44.2 | 91.8 | 1.5 | 15.3 |
| Jul | 0.5 | 12.2 | 25.8 | 37 | 90.8 | 1.6 | 16.7 |
| Aug | 0.4 | 13.0 | 27.4 | 30.9 | 90.4 | 1.8 | 19 |
| Sept | 0.1 | 14.6 | 29.5 | 29.6 | 90.8 | 2.2 | 22.2 |
| Oct | 0.8 | 17.8 | 32.6 | 30.9 | 92.0 | 2.4 | 25.0 |
| Nov | 0.4 | 19.7 | 33.7 | 32.8 | 89.3 | 2.6 | 26.3 |
| Dec | 1.2 | 21.3 | 35.2 | 32.8 | 91.7 | 2.3 | 26.7 |
source: Australian Government Bureau of Meteorology
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