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ABS 2021 Census · Updated 21 May 2026
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 per year.
Reid benefits from a high-income resident base, supporting premium property pricing. The short commute to the city centre is a key demand driver.
Official Australia Post postcode for Reid. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at the most recent census.
Weekly median rent for occupied homes. Live rental data integration coming soon.
Annual median household income (before tax) across all households.
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb.
Find schools near Reid on My School →Estimated 1 park and green spaces near this suburb.
Monthly median mortgage repayment for households currently paying off a mortgage.
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
Reid is a smaller community of 1,544 — about 41% of the Australian Capital Territory suburb median (3,808) — so investors should factor in the narrower buyer pool and longer average time-on-market. At $118,144/year, household income in Reid is within 5% of the Australian Capital Territory median ($123,916), placing the suburb firmly in the state's mainstream demographic band. Rent of $430/week (81% coverage of the $2,300/month median mortgage) leaves a gap of roughly $437/month that a typical investor bridges with negative gearing, depreciation and capital growth. At 1 km from the Canberra CBD, Reid sits inside the high-demand inner ring — properties here compete directly with the city's employment, transport and amenity networks. Only 29% of dwellings are separate houses (vs 71% state median), so this is a unit-heavy market where body-corporate decisions and strata supply meaningfully shape investor returns.
How Reid stacks up against the median of all Australian Capital Territory suburbs in our dataset. Positive values mean Reid sits above the state median; negative means below.
| Metric | Reid | ACT median | Δ vs state |
|---|---|---|---|
| Population | 1,544 | 3,808 | -59% |
| Median household income | $118,144/yr | $123,916/yr | -5% |
| Median rent (weekly) | $430 | $450 | -4% |
| Median mortgage (monthly) | $2,300 | $2,144 | +7% |
| Distance to CBD | 1 km | 10 km | -90% |
| Separate houses | 29% | 71% | -42pp |
Pre-inspection briefing for Reid — every item is derived from public datasets, with full citations in our data sources page.
Limited buy-and-hold upside: a small population of 1,544 means liquidity is thin and capital growth tends to lag the wider Australian Capital Territory market over full cycles.
Moderate rental coverage: rent of $430/week covers 81% of a $2,300/month mortgage, leaving a $437/month gap that an investor bridges with equity, depreciation and tax benefits.
Only 29% of dwellings are separate houses (vs 71% ACT median) — this is a unit and townhouse market, where cosmetic flips struggle against body-corporate restrictions, thinner after-reno uplift and competing new supply.
Run the numbers on a Reid property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Capital-growth expectations for Reid are modest for 2026 — incomes 5% below the ACT median of $123,916 and a population of 1,544 suggest gains will lag headline metro markets. Rental coverage runs at ~81% of the typical mortgage ($1,863/month rent vs $2,300/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 78/100 places Reid in the upper-middle tier of Australian suburbs we profile, and overall investor sentiment is constructive heading into the second half of 2026.
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Reid scores 78/100 on our EquitySight investment framework — a good rating. That score is driven by a population of 1,544, median household income of $118,144/year and median weekly rent of $430. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.
The main demand drivers in Reid are proximity to Canberra (1 km), a median household income of $118,144/year, a dwelling mix that is 29% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.
Reid has a usual resident population of approximately 1,544, compared with a Australian Capital Territory suburb median of 3,808 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.
Reid sits 1 km straight-line from the Canberra CBD. This is inner-ring territory — pricing competes directly with established Canberra employment nodes.
The most recent census recorded a median weekly rent of $430 in Reid, equating to approximately $22,360/year in gross rental income (state median $450/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.
The median monthly mortgage repayment in Reid is $2,300, or approximately $27,600/year (vs $2,144/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.
A median weekly rent of $430 works out to $1,863/month, covering 81% of the median mortgage repayment of $2,300/month. That leaves a $437/month shortfall (around $5,244/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.
The main risks are a thin buyer pool (1,544 residents), interest-rate sensitivity on the $2,300 median mortgage, a unit-heavy dwelling mix (29% houses) where body-corporate costs and apartment supply affect resale, the broader Australian Capital Territory market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.
Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.