Reid
Suburb profile, market snapshot and recent listings for Reid, ACT 2612.
About Reid
Welcome to Reid
Reid sits immediately north-east of Canberra's City centre, one of the capital's original garden suburbs and now one of its most tightly held inner precincts. Bordered by Turner, Campbell, Parkes and the City itself, it's close enough to walk to Civic yet feels distinctly leafy and residential, with tree-lined streets and a strong sense of heritage character.
With a population of around 1,544 and a median age of 40, Reid attracts professionals, downsizers and public servants who want inner-city convenience without sacrificing quiet, established streetscapes. It suits buyers drawn to period charm and apartment living alike, and its proximity to the Parliamentary Triangle and Lake Burley Griffin adds to its appeal as one of Canberra's more prestigious inner addresses.
Lifestyle & dining
Reid's own streets are largely residential, but the suburb's location means the cafes, restaurants and bars of the City and nearby Braddon are only a short stroll or cycle away. Locals also drift into Campbell and Turner for neighbourhood coffee spots, while Lake Burley Griffin's foreshore paths offer an easy change of scenery for a morning walk or run.
The suburb's heritage-listed cottages and mature street plantings give it a distinct village feel that's unusual so close to a capital city centre, and the Ainslie and Braddon shopping and dining strips are within easy reach for those wanting a livelier night out.
Housing & architecture
Reid is known for its early Canberra garden-suburb architecture, with federation and inter-war cottages on generous blocks sitting alongside more recent apartment developments. Current listings reflect this mix, though apartments and units now dominate the market at around 80% of stock, with houses making up roughly 16% and townhouses and other dwelling types accounting for the remainder.
This blend gives buyers a genuine choice between low-maintenance apartment living close to the City and the character-home lifestyle Reid has long been known for, with many of the older homes protected under heritage overlays that preserve the suburb's distinctive streetscapes.
The property market
With apartments and units making up the bulk of current listings, Reid's median unit price sits at $555,000, reflecting strong demand for inner-north living close to Civic and the Parliamentary Triangle. The suburb's small population and limited housing stock help keep competition for available properties firm, particularly given its heritage character and walkable location.
Buyers are typically drawn by the combination of established gardens, architectural pedigree and proximity to Canberra's political and cultural precinct, factors that continue to underpin steady interest from professionals and investors alike.
Getting around
Reid's biggest drawcard is its location: the City is right on its doorstep, making commutes into Civic straightforward on foot, by bike or via regular bus services along nearby routes. Parkes and the Parliamentary Triangle, home to many public service workplaces, are also just a short drive or ride away.
Canberra's light rail network, which runs through the City, adds another option for those heading further afield to Gungahlin and the northern suburbs, while Reid's central position means arterial roads to the airport and southern Canberra are easily accessed without cutting through congested areas.
Parks & recreation
Reid enjoys leafy, well-established streets and easy access to some of Canberra's best-known open spaces. Lake Burley Griffin, with its walking and cycling paths, is a short trip away, as are the parklands surrounding Mount Ainslie and the war memorial precinct bordering Campbell.
Within the suburb itself, quiet tree-lined avenues and pocket parks provide a green, relaxed setting that contrasts nicely with the density of the neighbouring City centre.
Market snapshot
Reid property market
Median sale price
$555k
Unit · 2 bed
Median rent
$650
per week
Gross rental yield
6.1%
annual rent ÷ sale price
Typical price range
Entry
$470k
Median
$555k
Premium
$664k
Days on market
106
Auction clearance
0%
Sold this year
27
Median sold price trend · Unit 2 bed
Compound growth -1.9% / yr over 4 yrs
Median price by bedrooms · Unit
Property types on market
Share of current listings in Reid by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Reid, ACT 2612.
Population
1,544
residents (2021)
Median age
40
years
Household income
$2,272
median, per week
Median rent
$430
per week
Median mortgage
$2,300
per month
Mortgage / income
23%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Recent results
Recently sold in Reid
$459k
307/81 Cooyong Street
Sold ~July 2026
$355k
49/14 Boolee Street
Sold ~July 2026
$1.80m
8 Booroondara Street
Sold ~July 2026
$350k
4/43 Constitution Avenue
Sold ~June 2026
$500k
604/83 Cooyong Street
Sold ~June 2026
$480k
704/81 Cooyong Street
Sold ~June 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Reid
Compare the area
Price map around Reid
Every listing for sale near Reid, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Nearby suburbs
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Common questions
Reid suburb FAQ
What is the median property price in Reid?
The median unit price in Reid, ACT is $555k for a 2-bedroom home. Over the past year, median sold prices have fallen about 7.9%.
How much is rent in Reid?
The median weekly rent in Reid is around $650 per week.
Is Reid a good place to live?
Reid is a suburb of Canberra, Australian Capital Territory, Australia. Reid is an established residential suburb in ACT, with a population of around 1,544.
What is the population of Reid?
Reid has a population of 1,544 (ABS 2021 Census), with a median age of 40.
How long do homes take to sell in Reid?
Properties in Reid take around 106 days to sell on average, with an auction clearance rate of about 0%.
How much do you need to buy in Reid?
Entry-level properties in Reid start around $470k, while premium homes reach $664k.
What suburbs are near Reid?
Suburbs near Reid include City, Canberra, Parkes, Campbell and Turner.
Available now
Properties in Reid
Privately Positioned in One of Canberra's Most Coveted Inner North Enclaves
City Luxury with an Oversized Outdoor Terrace
