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Reesville, QLD 4552

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Reesville, QLD 4552 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Reesville, QLD 4552”

  1. The total adult population (15 years or older) of Reesville 4552 QLD is 500, with a median age of 57. Of those, 59.00% are married, 12.60% are divorced or separated, 24.40% are single and 3.20% are widowed.

    The average household size is 2.3 people per dwelling, and the median household monthly income is estimated to be $6,640. The median monthly mortgage repayment for households in this suburb is $2,000 which is 30.12% of their earnings.

    Source: ABS Census Data (2021)

  2. Nestled within Queensland, the suburb of Reesville is home to an estimated 296 households, offering a cosy community atmosphere. As we venture into the third quarter of 2023, the typical house price in Reesville is recorded at an impressive $1,337,200. Meanwhile, the median weekly rent stands at $508, resulting in an indicative yield of approximately 1.98%. This yield, scarce on the ground, may not be immediately attractive to cashflow-centered property investors.

    From a socio-economic perspective, Reesville holds a decent IRSAD score of 1021 out of 1217, signalling a strong socio-economic status within the area’s population. The renter to owner ratio, hovering at 10%, is testament to a market favourable to owners and not oversaturated with rentals. Complementarily, the unit to house ratio in Reesville is a meagre 1%, suggesting a substantial preference for houses over units and significantly less competition among landlords.

    On the subject of affordability, the index racks up to 79 years signifying a market skewed towards the higher price range. This could potentially deter those looking for more affordable options in the property market, nonetheless, higher values can be of interest to affluent investors eyeing long-term investment strategy.

    Examining the supply metrics, the stock on market Percentage for houses clocks in at 0.68%. This figure falls in the neutral range, suggesting a balanced property market. Additionally, the inventory level for houses is 2.4 months, an indicator which also suggests a relatively stable market. The building approvals Ratio for houses stands at 0.0%, indicating no new over-supply issues.

    Taking into account demand metrics, the Average days on market for houses stretches up to 137, indicating a relatively low demand situation. Moreover, the elevated vacancy rate of 6.67% reinforces this low demand sentiment. However, it’s worth noting the buy search index of 7, which signifies high demand relative to the city or state average, providing a favourable outlook.

    Considering these statistics, it’s important not only to observe the numbers but also keep an eye on the trends. Eventhough few metrics such as indicative yields and affordability index are less favourable, a high buy search index and very favourable renter to owner as well as units to houses ratio, make for a generally favourable perspective for investors considering Reesville 4552. Moreover, the Relative Composite Score (RCS) metric by HtAG Analytics, built upon over 80 metrics, can be instrumental in automating and streamlining your property investment research.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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