What's Reid's secret? Inside Canberra's most tightly-held 'forever' suburb

By
Karen Hardy
September 2, 2025
Close to the city and full of charm, buyers are drawn to the character homes in Reid. Photo: Nathan Darma

As one of Canberra’s oldest suburbs, Reid is a reminder of the origins of our city, as well as a reflection of where it is now.

Much of the suburb was built in the mid-1920s, providing homes for the pioneering public servants arriving in the new nation’s capital.

Some of these beautiful homes still stand, and most of the suburb is heritage-listed.

Now, due to its proximity to the city, you’ll also find new apartment developments, particularly along Cooyong Street, which is the city border on the west side.

Much of the suburb of Reid was built in the mid-1920s.

As well as the city, Reid is also close to Braddon, Ainslie and Campbell, and all those suburbs have to offer in terms of lifestyle, with their plethora of restaurants, bars and cafes.

Belle Property Canberra principal Louise Harget says Reid is a suburb where you can enjoy the best of two worlds.

“It’s just moments from the city, yet nestled in a tranquil, leafy setting that feels like a charming forest retreat,” she says.

“This is a suburb where people tend to settle for the long haul; it’s truly a forever home kind of place. Most residents stay for years … drawn by the beautiful, close-knit community.”

Reid's proximity to the city has seen new apartment developments pop up amongst heritage homes. Photo: Nathan Darma

That said, Reid attracts a range of buyers, from young families looking to secure a place within the sought-after Canberra Grammar School north catchment zone, to downsizing couples whose children have left home, but who still want space to host family gatherings and accommodate visiting grandchildren.

“Buyers with an appreciation for charm and character are drawn to the timeless appeal of a heritage-listed, single-level home,” Harget says.

While these heritage-listed homes don’t often sell overnight, she says buyers who value the rich history and character of the area are always looking.

“Many Canberrans really appreciate the suburb’s heritage, something that not all buyers from outside the ACT quite get,” Harget says.

Buyers who value the rich history and character of the area are always looking. Photo: Nathan Darma

“So, while turnover is low, demand remains strong, making it a sought-after area with quality buyers ready to invest in this unique part of Canberra.”

According to Domain, the media house price is $1.95 million and the median unit price is $580,000

 

My Local

With Louise Harget, Belle Property Canberra

Coffee fix

Just a short stroll from Reid across the lake, Curio Press or Margot Espresso are the perfect spots for a quick coffee fix. Super convenient when you’re out for a lake walk.

The Reid Tennis Club is a popular community spot. Photo: Nathan Darma

Favourite street

Elimatta Street is so full of charm and character. Tucked away in one of Canberra’s most historic neighbourhoods, it captures that perfect mix of old-world character and modern-day comfort and convenience.

Hidden gem

Dirrawan Gardens and the Reid Tennis Club are great spots to get involved with the community, have a fun family day playing sport, or just chill out with a picnic.

Prestige prices: The median for a home in Reid is now $1.95 million. Photo: Nathan Darma

 

Homes for sale in Reid

 

34 Currong Street South

Agent: Belle Property Canberra, Louise Harget 0412 997 894

Set on one of Reid’s largest blocks, this original 1926 cottage has been lovingly restored and extended.

Faithful reproductions of heritage touches, including a glass conservatory, sit alongside modern touches.

A highlight is a gourmet kitchen within the open-plan living area. Fully landscaped gardens and fruit trees add to this rare opportunity on the edge of the city.

Offers over $2,485,000
34 Currong Street South, Reid ACT 2612
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301/81 Cooyong Street

Agent: AM Property Agency, Luke Lindley 0488 380 033

With abundant natural light, quality finishes and a practical layout, this apartment on level three would suit investors or owner-occupiers looking for a vibrant city lifestyle.

The stylish kitchen and living space, along with the main bedroom, opens onto an east-facing balcony.

Resident amenities include rooftop gardens, al fresco dining, kitchen, pools and a play area.

Offers Over $529,000
301/81 Cooyong Street, Reid ACT 2612
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