Reid
Statistical Area - sa2

An assessment of population growth drivers in Reid reveals an overall ranking slightly below national averages considering recent, and medium term trends

Reid's population was 1,957 as of August 2025. This showed an increase of 413 people from the 2021 Census figure of 1,544, reflecting a growth rate of 26.7%. The change was inferred from ABS estimated resident population figures for June 2024 and address validation since the Census date. Population density in Reid stood at 2,081 persons per square kilometer, higher than the average across national locations assessed by AreaSearch. Reid's growth rate surpassed both the state's (5.7%) and SA4 region's averages, indicating it as a growth leader. Interstate migration contributed approximately 62.4% of overall population gains during recent periods, with all demographic drivers being positive factors.

AreaSearch adopted ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data and years post-2032, age group growth rates from the ACT Government's SA2 area projections were used, also based on 2022 figures. Projected demographic shifts indicate significant population increase in Reid, with an expected rise of 668 persons to 2041, representing a total increase of 34.1% over the 17-year period.

Residential development activity is lower than average in Reid according to AreaSearch's national comparison of local real estate markets

Reid has seen approximately 105 new homes approved annually. Development approval data is produced by the ABS on a financial year basis, with 528 homes approved over the past five financial years between FY-20 and FY-25, including zero approvals so far in FY-26. On average, 41.4 new residents are associated with each home built annually over these five years, indicating substantial demand outstripping supply, which typically leads to increased buyer competition and pricing pressures.

The average construction value of new homes is $1,200,000, reflecting a focus on the premium segment and upmarket properties. Compared to the Australian Capital Territory, Reid has significantly lower building activity, recording 93.0% below the regional average per person. This limited supply generally supports stronger demand and values for established homes. However, building activity has accelerated in recent years, although it remains under the national average, suggesting the area's established nature and potential planning limitations. Recent development in Reid has consisted entirely of standalone homes, maintaining its traditional suburban character with a focus on family homes appealing to those seeking space.

New construction favours detached housing more than current patterns suggest (36.0% at Census), indicating ongoing robust demand for family homes. With around 1212 people per dwelling approval, Reid reflects a highly mature market. Looking ahead, Reid is projected to grow by 668 residents through to 2041. Based on current development patterns, new housing supply should readily meet demand, offering good conditions for buyers and potentially facilitating population growth beyond current projections.

Reid has moderate levels of nearby infrastructure activity, ranking in the top 50% nationally

Changes in local infrastructure, major projects, and planning initiatives significantly impact an area's performance. AreaSearch has identified 19 such projects likely affecting the area. Notable ones include Academy Close Redevelopment - Campbell, Anzac Park East Redevelopment, Australian War Memorial Redevelopment, and The Foothills - Campbell (Former CSIRO Site). The following list details those expected to be most relevant.

Professional plan users can use the search below to filter and access additional projects.

The employment landscape in Reid shows performance that lags behind national averages across key labour market indicators

Reid has an educated workforce with strong professional services representation. Its unemployment rate was 4.5% in the past year.

Employment grew by 2.1%. As of June 2025, 1,159 residents are employed, with an unemployment rate of 4.6%, compared to Australian Capital Territory's 3.4%. Workforce participation is 64.6%, below ACT's 69.6%. Public administration & safety, professional & technical, and education & training dominate local employment.

Professional & technical jobs are particularly prevalent, at 1.4 times the regional level. Health care & social assistance has limited presence, at 6.9% compared to the regional 11.7%. Many residents commute elsewhere for work. Over June 2024 to June 2025, employment increased by 2.1%, labour force by 1.5%, reducing unemployment by 0.6 percentage points. ACT's employment grew by 1.9% over the same period. By Sep-25, ACT employment contracted by 0.33%, with a state unemployment rate of 4.2%. National forecasts suggest total employment will increase by 6.6% in five years and 13.7% in ten years. Applying these projections to Reid's industry mix suggests local growth of approximately 6.4% over five years and 13.1% over ten years.

Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch

According to AreaSearch's aggregation of the latest postcode level ATO data released for financial year 2022, Reid had a median income among taxpayers of $67,610. The average level stood at $86,994. Nationally, these figures are extremely high, with ACT levels being $68,678 and $83,634 respectively. Based on Wage Price Index growth of 10.78% since financial year 2022, current estimates as of March 2025 would be approximately $74,898 (median) and $96,372 (average). Census data reveals household, family and personal incomes all rank highly in Reid, between the 82nd and 95th percentiles nationally. Distribution data shows the largest segment comprises 31.9% earning $1,500 - 2,999 weekly, with 624 residents falling into this category, consistent with broader trends across regional levels showing 34.3% in the same category. The substantial proportion of high earners, at 38.0% above $3,000/week, indicates strong economic capacity throughout this suburb. Housing accounts for 14.0% of income, while strong earnings rank residents within the 83rd percentile for disposable income. The area's SEIFA income ranking places it in the 9th decile.

Reid features a more urban dwelling mix with significant apartment living, with above-average rates of outright home ownership

Reid's dwelling structures, as per the latest Census, consisted of 36.4% houses and 63.7% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Australian Capital Territory's 39.3% houses and 60.7% other dwellings. Home ownership in Reid was at 31.2%, with mortgaged dwellings at 22.1% and rented ones at 46.7%. The median monthly mortgage repayment was $2,300, above the Australian Capital Territory average of $2,080. Median weekly rent was $430, compared to Australian Capital Territory's $476. Nationally, Reid's mortgage repayments were significantly higher than the Australian average of $1,863, and rents substantially above the national figure of $375.

Reid features high concentrations of group households and lone person households, with a lower-than-average median household size

Family households account for 47.9% of all households, including 15.2% couples with children, 27.4% couples without children, and 4.4% single parent families. Non-family households make up the remaining 52.1%, composed of 40.9% lone person households and 10.8% group households. The median household size is 2.0 people, which is smaller than the Australian Capital Territory average of 2.2.

Reid performs slightly above the national average for education, showing competitive qualification levels and steady academic outcomes

Reid's educational attainment is notably high, with 61.5% of residents aged 15+ possessing university qualifications, compared to Australia's 30.4% and the SA4 region's 46.8%. Bachelor degrees are most common at 31.5%, followed by postgraduate qualifications (23.1%) and graduate diplomas (6.9%). Vocational pathways make up 16.0% of qualifications, with advanced diplomas at 8.5% and certificates at 7.5%. Educational participation is high, with 30.6% of residents currently enrolled in formal education, including 15.0% in tertiary, 4.2% in primary, and 4.0% in secondary education.

Schools appear to be located outside Reid's immediate boundaries, requiring families to access educational facilities in neighboring areas.

Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Transport analysis shows 15 active stops operating in Reid. These are buses serviced by 12 routes providing 1,573 weekly passenger trips. Accessibility is excellent with residents typically 168 meters from the nearest stop.

Service frequency averages 224 trips per day across all routes, equating to approximately 104 weekly trips per individual stop.

Reid's residents are healthier than average in comparison to broader Australia with a fairly standard level of common health conditions seen across both young and old age cohorts

Reid residents show relatively positive health outcomes with common conditions seen across young and old age groups. Private health cover is exceptionally high at approximately 64% of the total population (1,248 people), compared to the national average of 55.3%.

The most common medical conditions are mental health issues affecting 11.6% of residents and arthritis impacting 8.1%, while 65.7% report being completely clear of medical ailments, compared to 70.8% in Australian Capital Territory. Reid has 16.5% of residents aged 65 and over (322 people), higher than the 11.4% in Australian Capital Territory. Health outcomes among seniors are strong, performing better than the general population in health metrics.

Reid was found to be more culturally diverse than the vast majority of local markets in Australia, upon assessment of a range of language and cultural background related metrics

Reid's population shows higher linguistic diversity, with 20.2% speaking a language other than English at home, compared to most local markets. Born overseas, 31.7% of Reid's residents reflect this diversity. Christianity is the dominant religion in Reid, comprising 36.7%.

While Judaism represents only 0.6%, it is higher than the Australian Capital Territory average of 0.5%. In terms of ancestry, English (25.4%), Australian (20.6%), and Other (11.5%) are the top three groups in Reid. Notably, Polish (1.3% vs regional 0.9%), French (1.0% vs 0.7%), and Hungarian (0.5% vs 0.3%) ethnicities are overrepresented.

Reid's population is slightly older than the national pattern

Reid has a median age of 39, which is higher than the Australian Capital Territory figure of 35 and comparable to Australia's median age of 38. The 25-34 age group comprises 23% of Reid's population, compared to the Australian Capital Territory figure, while the 5-14 cohort makes up 4.9%. This concentration in the 25-34 age group is significantly higher than the national average of 14.5%. Between 2021 and present, Reid's median age has decreased by 1.3 years, from 40 to 39, indicating a shift towards a younger demographic. During this period, the 25-34 age group grew from 19.8% to 23% of the population, while the 55-64 cohort declined from 14.9% to 13.2%, and the 65-74 group dropped from 11.5% to 10.1%. By 2041, demographic modeling suggests significant changes in Reid's age profile. The 65-74 age group is projected to grow by 56%, adding 110 people and reaching a total of 307 from its current figure of 196.