Question 1

Is Reid a nice place to live?

Accepted Answer

Reid is a quiet residential suburb on Adelaide’s northern fringe, made up mostly of single-storey homes on modest blocks with pockets of newer infill, established trees, small reserves and sporting ovals that create a suburban, family-oriented feel. It is a small community of 436 people with a median age of 33 and a typical household income of $2,026 a week, about $105,352 a year.

Everyday needs are served by a compact local shopping strip and community facilities, while arterial roads and regular bus services connect residents to the wider metropolitan area. Recent reserve work includes a new nature playground with a flying fox, slides, swings including a net swing, new paths, a shaded picnic spot and a half basketball court, plus a pedestrian bridge and other upgrades; the Gawler Urban Rivers Master Plan also points to parkland connections and a new footbridge in the river precinct. With around nine in ten dwellings owner-occupied (68.3% with a mortgage, 22.5% outright) and only 9.2% rented, Reid suits people after practical, low maintenance housing and straightforward access to schools, parks and neighbourhood amenities rather than inner-city intensity.

Question 2

Is it expensive to live in Reid?

Accepted Answer

There haven't been enough recent sales or rentals in Reid 5118 (SA) to publish reliable house or unit prices or rents. Without those current price and rent figures, it's not possible to say how expensive it is to live in Reid 5118 compared with local household incomes recorded at the most recent Census.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Reid a good place to invest?

Accepted Answer

There haven't been enough recent property sales in Reid (SA 5118) to publish reliable figures on how house or unit prices and rents have moved over the past year. Without those figures, there isn't a clear picture of how Reid has performed as an investment lately.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	N/A	N/A
Sold Past 3 months	1	N/A
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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