Thinking about buying in Reedy Creek? Now could not be a better time, with just 145 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,074,000 with prices in this suburb ranging from $115,000 to $7,783,000. Reedy Creek is located fairly close to the coast at just 7Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
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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.
742 BOWAKA RD, REEDY CREEK, SA, 5275 | 1 | 1 | $2,399,000 |
None within suburb boundary
(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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