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Suburb Insights ยท ACT 2612

Reid 2612, Australian Capital Territory

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Reid is a well-established middle-ring suburb of Canberra, Australia, with a population of approximately 1,544, making it a boutique locality. Located 1 km from the Canberra CBD, Reid is a middle ring area in Australian Capital Territory. The median household income is $118,144 AUD per year (ABS 2021 Census).

Investment Score

78 / 100 Good

Reid benefits from a high-income resident base, supporting premium property pricing. The short commute to the city centre is a key demand driver.

Location

Map shows Reid, Australian Capital Territory, Australia.

Key Indicators

Postcode
2612

Official Australia Post postcode for Reid. A postcode may cover multiple suburbs.

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Population
1,544

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$430/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

State Rental Authority โ†’
Median Household Income
$118,144/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
1 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,300/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
29% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Reid's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $430/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,300/month. A median household income of $118,144/year supports premium property values and indicates a well-employed resident base. With only 29% separate houses, Reid has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

With robust local demand and income levels, Reid is a natural candidate for patient investors.

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Rental Yield

Expect competitive but not exceptional rental returns in Reid's current market.

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Renovation / Flip

Limited buyer depth in Reid makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a Reid property

Full Property Analysis

30-year projections for Reid

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Strong

Reid is well-positioned for continued price appreciation through 2026, underpinned by high household incomes and location appeal. Tenants in Reid have options โ€” presenting well-maintained properties is key to minimising vacancy. Confidence in Reid's medium-term prospects is reflected in sustained buyer interest.

Frequently Asked Questions

Is Reid a good suburb for investment?

Reid is a middle ring area in Australian Capital Territory with a population of 1,544. The median rent is $430/week and the median household income is $118,144/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Reid?

Key demand drivers in Reid include established amenities and transport access. 29% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Reid?

According to the ABS 2021 Census, Reid has a population of approximately 1,544. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Reid from the Canberra CBD?

Reid is approximately 1 km straight-line distance from the Canberra CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.

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