Reid vs Braddon

Braddon (median $1,720,000) is roughly 27% cheaper to buy into than Reid ($2,350,000).

Buying in Reid or Braddon?

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Reid and Braddon side by side

MeasureReidBraddon
Price and market
Median house$2,350,000$1,720,000
Median unit$580,000$570,000
Renting
House rent$490/wk$490/wk
Unit rent$430/wk$495/wk
Owner occupied52.0%38.0%
Renter occupied46.0%60.0%
Schools
Schools nearby2020
Average ICSEA11361135
Lifestyle and people
Walk score100100
Transit score50100
Bike score100100
Population1,5446,383
Median age4030
Climate
Annual rainfall608 mm624 mm
Mean max, January29.4°C29.2°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

On school quality, the average ICSEA across schools serving Reid (1136) sits above Braddon (1135). Reid skews owner-occupied (52%), Braddon runs more rental-dense (38% owner).

For buyers
Braddon is the lower entry point at $1,720,000 median, 27% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Braddon offers the higher gross rental yield (1.48% vs 1.08%), favouring cash-flow investors.
For families
Reid edges out on average school ICSEA (1136 vs 1135).

Reid vs Braddon: common questions

Is Reid or Braddon cheaper to buy in?

Braddon has the lower median house price at $1,720,000, roughly 27% below Reid ($2,350,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Reid or Braddon have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Reid scores 1136 vs 1135 in Braddon. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which suburb has higher rental yield, Reid or Braddon?

Gross rental yield on houses is 1.48% in Braddon vs 1.08% in Reid. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.