Thinking about buying in Reedy Swamp? Now could not be a better time, with just 41 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,161,000 with prices in this suburb ranging from $500,000 to $1,290,000. Reedy Swamp is located fairly close to the coast at just 4Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Reedy Swamp Real Estate Market Outlook

In Reedy Swamp 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 Swamp 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 Swamp 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Reedy Swamp 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.

Houses for sale Reedy Swamp

732 REEDY SWAMP RD, REEDY SWAMP, NSW, 2550

3

1

1

$1,890,000

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Recently Sold Properties / House Prices

10-01-2022	$2,900,000	65 EMMA RD
14-12-2021	$780,000	40 VIMY RIDGE RD
17-12-2020	$550,000	355 REEDY SWAMP RD
02-11-2020	$112,857	360 REEDY SWAMP RD
20-01-2020	$560,000	587 REEDY SWAMP RD
30-07-2018	$450,000	631 REEDY SWAMP RD
02-05-2016	$350,000	556 REEDY SWAMP RD
01-09-2015	$425,000	313 REEDY SWAMP RD
24-06-2015	$180,000	383 REEDY SWAMP RD
05-03-2014	$1,100,000	65 EMMA RD
05-11-2013	$335,000	40 VIMY RIDGE RD
04-10-2013	$315,000	425 REEDY SWAMP RD
28-11-2012	$302,500	631 REEDY SWAMP RD
17-04-2009	$325,000	580 REEDY SWAMP RD
17-12-2007	$355,000	19 EMMA RD
07-08-2007	$475,000	329 REEDY SWAMP RD
05-09-2006	$352,500	315 REEDY SWAMP RD
09-12-2005	$440,000	359 REEDY SWAMP RD
14-04-2005	$260,000	313 REEDY SWAMP RD

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Internet Speed

Download 25 Mbps / Upload 5 Mbps

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Nearby Suburbs

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General Points of Interest

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