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Suburb Insights ยท VIC 3658

Reedy Creek 3658, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Reedy Creek is a regional centre in Victoria, Australia, with a population of approximately 157, making it a boutique locality. Located approximately 64 km from the Melbourne CBD, Reedy Creek is a regional area in Victoria. The median household income is $69,628 AUD per year (ABS 2021 Census).

Investment Score

35 / 100 Weak

Household earnings in Reedy Creek are below the state average, which may affect long-term capital growth. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Map shows Reedy Creek, Victoria, Australia.

Key Indicators

Postcode
3658

Official Australia Post postcode for Reedy Creek. A postcode may cover multiple suburbs.

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Population
157

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

ABS Census Data โ†’
Median Rent (weekly)
$450/wk

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

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Median Household Income
$69,628/yr

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

ABS Census Data โ†’
Distance to CBD
64 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)
$1,950/mo

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

ABS Census Data โ†’
Dwelling Type
74% 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

As a regional centre, Reedy Creek serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $450/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $1,950/month.

Investment Strategy

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Buy & Hold

A buy-and-hold approach in Reedy Creek could work well with careful property selection and a longer time horizon.

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Rental Yield

Reedy Creek's rental market favours investors seeking yield โ€” occupancy rates are typically strong in this area.

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Renovation / Flip

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

Risk Factors

Run the numbers on a Reedy Creek property

Full Property Analysis

30-year projections for Reedy Creek

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

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Price movement in Reedy Creek is expected to be flat to modest in 2026, reflecting broader regional market conditions. Landlords in Reedy Creek may face longer tenant search times; competitive pricing will be important. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Reedy Creek a good suburb for investment?

Reedy Creek is a regional area in Victoria with a population of 157. The median rent is $450/week and the median household income is $69,628/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 Reedy Creek?

Key demand drivers in Reedy Creek include regional employment hubs, lifestyle, and affordability. 74% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Reedy Creek?

According to the ABS 2021 Census, Reedy Creek has a population of approximately 157. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Reedy Creek from the Melbourne CBD?

Reedy Creek is approximately 64 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.

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