Buying an investment property or looking to refinance? The table below features home loans with some of the lowest interest rates on the market for investors.

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LenderHome LoanInterest Rate Comparison Rate* Monthly Repayment Repayment type Rate Type Offset Redraw Ongoing Fees Upfront Fees LVR Lump Sum Repayment Additional Repayments Split Loan Option TagsFeaturesLinkCompare
6.19% p.a.
6.58% p.a.
$2,589
Principal & Interest
Variable
$0
$530
90%
Featured 90% LVR
  • You MUST already have Solar or a documented plan to install within 90 days to be eligible for this loan
  • Available for refinance or purchase
  • No monthly, annual or ongoing fees
6.29% p.a.
6.20% p.a.
$2,473
Principal & Interest
Variable
$0
$0
80%
Featured Apply In Minutes
  • A low-rate variable investment home loan from a 100% online lender. Backed by the Commonwealth Bank.
6.34% p.a.
6.36% p.a.
$2,486
Principal & Interest
Variable
$0
$350
60%
  • $0 application fee
  • Fast turnaround times
  • Estimate your borrowing power in as little as 1 minute
Important Information and Comparison Rate Warning

Base criteria of: a $400,000 loan amount, variable, fixed, principal and interest (P&I) home loans with an LVR (loan-to-value) ratio of at least 80%. However, the ‘Compare Home Loans’ table allows for calculations to be made on variables as selected and input by the user. Some products will be marked as promoted, featured or sponsored and may appear prominently in the tables regardless of their attributes. All products will list the LVR with the product and rate which are clearly published on the product provider’s website. Monthly repayments, once the base criteria are altered by the user, will be based on the selected products’ advertised rates and determined by the loan amount, repayment type, loan term and LVR as input by the user/you. *The Comparison rate is based on a $150,000 loan over 25 years. Warning: this comparison rate is true only for this example and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Rates correct as of . View disclaimer.

It's been a tough couple of years for Australian tenants. The twelve months to April 2023 saw an unprecedented increase to average rental rates across Australia, and while the pace of growth slowed towards the end of the year, 2024 saw this ramp back up again. January-March '24 saw the highest quarterly increase to rent for houses in 17 years according to Domain, with nearly every capital city at a record high. The 24/25 Federal Budget included a 10% boost to Commonwealth Rent Assistance in an attempt to arrest the situation, as well as putting $1.9 billion towards providers of social housing and affordable dwellings, but for now, it remains a very difficult time to be a renter.

The other side of the coin is increasing rental income for investment property owners. While some landlords face restrictions that limit their earning potential, rental yield - the percentage of a property's value it can earn in rent each year - has increased. According to Your Investment Property Magazine data, some Australian suburbs have even cracked 15% in annual rental yield. For investors prioritising cash flow, some of these high yield areas might represent a great opportunity for a positively geared rental property.

See the full list of suburbs

How important are rental yields to property investors?

For investors, rental yield is a useful way to assess annual income, but there are plenty of other things to take into account as well, like vacancy rates, planned investment and other factors that could suggest strong capital gains.

Simon Pressley of Propertyology says basing property investments primarily on rental yields is a "flawed strategy".

"At the end of the day, a few thousand dollars of income per year is nowhere near enough to retire on," Mr Pressley told Savings.com.au.

"But a property that produces strong capital growth means hundreds of thousands of dollars' equity, enabling the investor to repeat the process, plus the option of converting equity into cash during the retirement years."

He said the most important consideration should be selecting an area with good economic fundamentals as this is what drives capital growth.

"The next most important priority is buying a conventional asset - a standard house - in a central part of town. When it comes to sell, the conventional nature will attract a larger resale audience than other assets," Mr Pressley said.

"Apartments produce higher rental yields than a conventional house in the same location, but Propertyology's studies confirm that investing in asset types other than detached houses is surrendering half, or more, of your capital growth potential."

What gives a suburb a strong rental yield?

Rental yield is how much income a property generates relative to its value. It's calculated by dividing the annual rental income a property generates by its market value.

When the value of a property increases dramatically, the rental yield can decrease, because the rental income is smaller relative to the property value, but that doesn't mean the property is earning any less.

Therefore, rental yields tend to be higher in areas where the demand for rent is higher than the demand for owner occupied property. Take Tom Price in the Pilbara region of WA, where rental yields for houses were the highest in the nation. Pilbara is one of Australia's biggest mining regions, with huge deposits of minerals like iron ore. Demand for property is therefore more transient, as miners come and go. In February '24 the average rental yield of a house in Tom Price was 14.6%.

Karratha, Coolgardie and Mount Isa are some of the other LGAs with a heavy mining presence that feature prominently in the below lists.

The majority of the suburbs in the top 100 lists lie outside of the capital cities of the respective states. For houses, only Brisbane City (18th), Fortitude Valley (Brisbane, 35th), Glendalough (Perth, 58th), Darwin City (87th) and Gray (Darwin, 96th) made the cut from capital city statistical divisions. For units, as you'd probably expect, the capitals made a slightly better showing. There were 17 Greater Perth Suburbs, 14 from Darwin, three from Melbourne and two from Brisbane that made the list. That still means well over half of the top rental yield suburbs came from regional markets.

What will happen to rental yields in 2024?

Rental yields increase when the cost of renting becomes greater relative to property values. Throughout 2023, property prices increased, but at a lesser rate than rents. Here's how we were sitting as of February '24:

State

Area

Property Type

Median Price

Weekly Median Advertised Rent

Gross Rental Yield

ACT

Metro

Houses

$930,000

$675

3.7%

ACT

Metro

Units

$585,000

$560

4.9%

NSW

Metro

Houses

$1,330,500

$720

2.7%

NSW

Metro

Units

$762,750

$650

4.4%

NT

Metro

Houses

$565,000

$650

5.9%

NT

Metro

Units

$395,000

$520

7.0%

QLD

Metro

Houses

$834,000

$600

3.9%

QLD

Metro

Units

$565,000

$550

5.4%

SA

Metro

Houses

$762,500

$550

4.0%

SA

Metro

Units

$500,000

$460

5.1%

TAS

Metro

Houses

$700,000

$540

4.0%

TAS

Metro

Units

$510,500

$460

4.6%

VIC

Metro

Houses

$850,000

$530

3.2%

VIC

Metro

Units

$610,000

$520

4.4%

WA

Metro

Houses

$660,000

$600

5.0%

WA

Metro

Units

$460,000

$550

6.7%

NSW

Country

Houses

$720,000

$550

4.0%

NSW

Country

Units

$610,000

$450

3.9%

NT

Country

Houses

$475,000

$550

6.1%

NT

Country

Units

$309,500

$420

7.0%

QLD

Country

Houses

$600,000

$580

5.2%

QLD

Country

Units

$580,000

$500

4.7%

SA

Country

Houses

$415,000

$380

5.0%

SA

Country

Units

$293,750

$290

5.0%

TAS

Country

Houses

$520,000

$440

4.4%

TAS

Country

Units

$450,000

$380

4.7%

VIC

Country

Houses

$570,000

$450

4.1%

VIC

Country

Units

$420,000

$375

4.8%

WA

Country

Houses

$450,000

$570

6.6%

WA

Country

Units

$340,000

$520

8.5%

Source: CoreLogic. Data reported to the period ending February 2024. Median values account for sales transactions over three months.

The outlook for the remainder of 2024 is highly uncertain. Much will depend on the RBA cash rate, which is a significant variable contributing to both property prices and rental rates, since landlords typically pass the cost of higher interest rates on to tenants. Governor Michelle Bullock has been steadfast that the RBA will do "whatever is necessary" to combat inflation. Given the upside surprise in the Q1 inflation read, many analysts now expect that the cash rate will remain at 4.35% at least until next year. Some have even suggested the hiking cycle is not done yet.

Conventional wisdom is that the relationship between interest rates and property prices is inverse: as rates go up, prices go down since borrowing power is reduced. However, the Australian property market defied this in 2023, experiencing strong growth despite several interest rate rises, so there are certainly no guarantees.

As far as rental rates are concerned, Domain Chief of Research and Economics Dr Nicola Powell says a "tipping point" is likely at some stage this year.

"We are seeing the number of prospective tenants per rental listing ease, suggesting some pressure has been lifted," she said.

"This could be an early indicator of an increase in vacancy rates sometime this year."

Read more:

    Top 100 rental yield suburbs in Australia for houses

    Rank

    Suburb (Postcode)

    LGA

    State

    Median Price

    Median Weekly Rent

    Gross Rental Yield

    1

    Tom Price (6751)

    Ashburton

    WA

    $640,000

    $1,800

    14.6%

    2

    Kambalda East (6442)

    Coolgardie

    WA

    $140,000

    $330

    12.3%

    3

    Scottville (4804)

    Whitsunday

    QLD

    $150,000

    $335

    11.6%

    4

    Nickol (6714)

    Karratha

    WA

    $562,000

    $1,250

    11.6%

    5

    Kambalda West (6442)

    Coolgardie

    WA

    $168,500

    $370

    11.4%

    6

    Collinsville (4804)

    Whitsunday

    QLD

    $160,000

    $350

    11.4%

    7

    Mornington (4825)

    Mount Isa

    QLD

    $230,000

    $480

    10.9%

    8

    Dysart (4745)

    Isaac

    QLD

    $185,000

    $380

    10.7%

    9

    South Boulder (6432)

    Kalgoorlie-Boulder

    WA

    $247,500

    $500

    10.5%

    10

    Port Hedland (6721)

    Port Hedland

    WA

    $694,948

    $1,400

    10.5%

    11

    Moora (6510)

    Moora

    WA

    $200,000

    $400

    10.4%

    12

    Newman (6753)

    East Pilbara

    WA

    $326,000

    $650

    10.4%

    13

    Baynton (6714)

    Karratha

    WA

    $705,000

    $1,400

    10.3%

    14

    Pegs Creek (6714)

    Karratha

    WA

    $480,000

    $950

    10.3%

    15

    Merredin (6415)

    Merredin

    WA

    $180,000

    $350

    10.1%

    16

    Millars Well (6714)

    Karratha

    WA

    $490,000

    $950

    10.1%

    17

    South Hedland (6722)

    Port Hedland

    WA

    $465,000

    $900

    10.1%

    18

    Brisbane City (4000)

    Brisbane

    QLD

    $380,000

    $730

    10.0%

    19

    Parkside (4825)

    Mount Isa

    QLD

    $222,500

    $425

    9.9%

    20

    Boulder (6432)

    Kalgoorlie-Boulder

    WA

    $285,000

    $540

    9.9%

    21

    Derby (6728)

    Derby-West Kimberley

    WA

    $205,000

    $380

    9.6%

    22

    Moranbah (4744)

    Isaac

    QLD

    $325,000

    $600

    9.6%

    23

    Monto (4630)

    North Burnett

    QLD

    $190,000

    $350

    9.6%

    24

    Pioneer (4825)

    Mount Isa

    QLD

    $220,000

    $405

    9.6%

    25

    Port Pirie West (5540)

    Port Pirie

    SA

    $175,000

    $320

    9.5%

    26

    Townview (4825)

    Mount Isa

    QLD

    $242,000

    $440

    9.5%

    27

    Depot Hill (4700)

    Rockhampton

    QLD

    $205,000

    $365

    9.3%

    28

    Cloncurry (4824)

    Cloncurry

    QLD

    $213,000

    $377.50

    9.2%

    29

    Rangeway (6530)

    Greater Geraldton

    WA

    $198,250

    $350

    9.2%

    30

    North Lismore (2480)

    Lismore

    NSW

    $285,000

    $500

    9.1%

    31

    Somerville (6430)

    Kalgoorlie-Boulder

    WA

    $458,000

    $800

    9.1%

    32

    Broken Hill (2880)

    Broken Hill

    NSW

    $190,000

    $330

    9.0%

    33

    South Kalgoorlie (6430)

    Kalgoorlie-Boulder

    WA

    $317,500

    $550

    9.0%

    34

    Bulgarra (6714)

    Karratha

    WA

    $520,000

    $900

    9.0%

    35

    Fortitude Valley (4006)

    Brisbane

    QLD

    $492,500

    $850

    9.0%

    36

    Peterborough (5422)

    Peterborough

    SA

    $145,000

    $250

    9.0%

    37

    Solomontown (5540)

    Port Pirie

    SA

    $183,500

    $315

    8.9%

    38

    Mount Morgan (4714)

    Rockhampton

    QLD

    $210,000

    $360

    8.9%

    39

    Rockhampton City (4700)

    Rockhampton

    QLD

    $235,000

    $400

    8.9%

    40

    Hannans (6430)

    Kalgoorlie-Boulder

    WA

    $445,000

    $750

    8.8%

    41

    Sunset (4825)

    Mount Isa

    QLD

    $279,000

    $470

    8.8%

    42

    Katanning (6317)

    Katanning

    WA

    $237,500

    $400

    8.8%

    43

    Piccadilly (6430)

    Kalgoorlie-Boulder

    WA

    $360,000

    $600

    8.7%

    44

    Charters Towers City (4820)

    Charters Towers

    QLD

    $211,000

    $345

    8.5%

    45

    Girards Hill (2480)

    Lismore

    NSW

    $312,500

    $510

    8.5%

    46

    Tennant Creek (860)

    Barkly

    NT

    $270,000

    $440

    8.5%

    47

    Blackwater (4717)

    Central Highlands (Qld)

    QLD

    $217,000

    $350

    8.4%

    48

    Cable Beach (6726)

    Broome

    WA

    $622,500

    $1,000

    8.4%

    49

    Charleville (4470)

    Murweh

    QLD

    $165,000

    $265

    8.4%

    50

    Brandon (4808)

    Burdekin

    QLD

    $195,000

    $310

    8.3%

    51

    Kalgoorlie (6430)

    Kalgoorlie-Boulder

    WA

    $347,000

    $550

    8.2%

    52

    Soldiers Hill (4825)

    Mount Isa

    QLD

    $310,000

    $490

    8.2%

    53

    Lamington (6430)

    Kalgoorlie-Boulder

    WA

    $417,500

    $650

    8.1%

    54

    Moura (4718)

    Banana

    QLD

    $225,000

    $350

    8.1%

    55

    Healy (4825)

    Mount Isa

    QLD

    $386,000

    $600

    8.1%

    56

    Blackall (4472)

    Blackall Tambo

    QLD

    $177,500

    $275

    8.1%

    57

    Happy Valley (4825)

    Mount Isa

    QLD

    $310,000

    $480

    8.1%

    58

    Glendalough (6016)

    Stirling

    WA

    $507,000

    $785

    8.1%

    59

    Longreach (4730)

    Longreach

    QLD

    $220,000

    $340

    8.0%

    60

    Ingham (4850)

    Hinchinbrook

    QLD

    $222,500

    $340

    7.9%

    61

    Capella (4723)

    Central Highlands (Qld)

    QLD

    $250,000

    $380

    7.9%

    62

    Lismore (2480)

    Lismore

    NSW

    $330,000

    $500

    7.9%

    63

    West Lamington (6430)

    Kalgoorlie-Boulder

    WA

    $382,500

    $575

    7.8%

    64

    Home Hill (4806)

    Burdekin

    QLD

    $210,000

    $315

    7.8%

    65

    Whyalla Norrie (5608)

    Whyalla

    SA

    $200,000

    $300

    7.8%

    66

    Wahgunyah (3687)

    Indigo

    VIC

    $307,500

    $460

    7.8%

    67

    Boddington (6390)

    Boddington

    WA

    $301,250

    $450

    7.8%

    68

    Djugun (6725)

    Broome

    WA

    $670,000

    $1,000

    7.8%

    69

    East Innisfail (4860)

    Cassowary Coast

    QLD

    $256,255

    $380

    7.7%

    70

    Queenstown (7467)

    West Coast

    TAS

    $187,500

    $277.50

    7.7%

    71

    Wagin (6315)

    Wagin

    WA

    $210,000

    $310

    7.7%

    72

    Broome (6725)

    Broome

    WA

    $610,000

    $900

    7.7%

    73

    Collie (6225)

    Collie

    WA

    $300,000

    $440

    7.6%

    74

    Port Augusta (5700)

    Port Augusta

    SA

    $220,000

    $322.50

    7.6%

    75

    Stapylton (4207)

    Gold Coast

    QLD

    $284,250

    $412.50

    7.5%

    76

    Clermont (4721)

    Isaac

    QLD

    $263,000

    $377.50

    7.5%

    77

    Barney Point (4680)

    Gladstone

    QLD

    $273,500

    $392.50

    7.5%

    78

    Nebo (4742)

    Isaac

    QLD

    $255,000

    $365

    7.4%

    79

    Cobar (2835)

    Cobar

    NSW

    $210,000

    $300

    7.4%

    80

    Narrogin (6312)

    Narrogin

    WA

    $245,000

    $350

    7.4%

    81

    Berrigan (2712)

    Berrigan

    NSW

    $252,500

    $360

    7.4%

    82

    Innisfail (4860)

    Cassowary Coast

    QLD

    $252,500

    $360

    7.4%

    83

    Cooktown (4895)

    Cook

    QLD

    $345,000

    $490

    7.4%

    84

    Lochinvar (2321)

    Maitland

    NSW

    $480,000

    $680

    7.4%

    85

    South Carnarvon (6701)

    Carnarvon

    WA

    $237,500

    $335

    7.3%

    86

    Boggabri (2382)

    Narrabri

    NSW

    $302,500

    $425

    7.3%

    87

    Darwin City (800)

    Darwin

    NT

    $435,000

    $610

    7.3%

    88

    Berserker (4701)

    Rockhampton

    QLD

    $300,000

    $420

    7.3%

    89

    Risdon Park (5540)

    Port Pirie

    SA

    $250,000

    $350

    7.3%

    90

    Warracknabeal (3393)

    Yarriambiack

    VIC

    $240,000

    $335

    7.3%

    91

    Melbourne (3000)

    Melbourne

    VIC

    $395,000

    $550

    7.2%

    92

    Dampier (6713)

    Karratha

    WA

    $827,500

    $1,150

    7.2%

    93

    Onslow (6710)

    Ashburton

    WA

    $540,000

    $750

    7.2%

    94

    Whyalla Stuart (5608)

    Whyalla

    SA

    $202,000

    $280

    7.2%

    95

    Utakarra (6530)

    Greater Geraldton

    WA

    $275,000

    $380

    7.2%

    96

    Gray (830)

    Palmerston

    NT

    $370,000

    $510

    7.2%

    97

    Larapinta (875)

    Alice Springs

    NT

    $425,000

    $580

    7.1%

    98

    Pimlico (4812)

    Townsville

    QLD

    $330,000

    $450

    7.1%

    99

    Zeehan (7469)

    West Coast

    TAS

    $220,000

    $300

    7.1%

    100

    Gilgandra (2827)

    Gilgandra

    NSW

    $257,500

    $350

    7.1%

    Source: CoreLogic. Data reported to the period ending February 2024. Median values account for sales transactions over 12 months.

    Top 100 rental yield suburbs in Australia for units

    Rank

    Suburb (Postcode)

    LGA

    State

    Median Price

    Median Weekly Rent

    Gross Rental Yield

    1

    Baynton (6714)

    Karratha

    WA

    $415,000

    $1,300

    16.3%

    2

    Moranbah (4744)

    Isaac

    QLD

    $265,000

    $600

    11.8%

    3

    Newman (6753)

    East Pilbara

    WA

    $193,500

    $437.50

    11.8%

    4

    Koongal (4701)

    Rockhampton

    QLD

    $152,500

    $340

    11.6%

    5

    South Hedland (6722)

    Port Hedland

    WA

    $320,000

    $700

    11.4%

    6

    Piccadilly (6430)

    Kalgoorlie-Boulder

    WA

    $237,500

    $510

    11.2%

    7

    Bulgarra (6714)

    Karratha

    WA

    $282,500

    $595

    11.0%

    8

    Boulder (6432)

    Kalgoorlie-Boulder

    WA

    $214,150

    $450

    10.9%

    9

    Roxby Downs (5725)

    Roxby Downs

    SA

    $151,000

    $310

    10.7%

    10

    Somerville (6430)

    Kalgoorlie-Boulder

    WA

    $279,000

    $560

    10.4%

    11

    Port Hedland (6721)

    Port Hedland

    WA

    $409,258.50

    $800

    10.2%

    12

    Wembley Downs (6019)

    Stirling

    WA

    $366,000

    $692.50

    9.8%

    13

    Cable Beach (6726)

    Broome

    WA

    $332,000

    $625

    9.8%

    14

    Deagon (4017)

    Brisbane

    QLD

    $200,000

    $375

    9.8%

    15

    Cranbrook (4814)

    Townsville

    QLD

    $182,000

    $340

    9.7%

    16

    Cardwell (4849)

    Cassowary Coast

    QLD

    $205,000

    $380

    9.6%

    17

    Kalgoorlie (6430)

    Kalgoorlie-Boulder

    WA

    $275,000

    $500

    9.5%

    18

    Orelia (6167)

    Kwinana

    WA

    $212,000

    $380

    9.3%

    19

    Pegs Creek (6714)

    Karratha

    WA

    $420,000

    $750

    9.3%

    20

    Currajong (4812)

    Townsville

    QLD

    $175,000

    $310

    9.2%

    21

    Karama (812)

    Darwin

    NT

    $255,000

    $450

    9.2%

    22

    Sadadeen (870)

    Alice Springs

    NT

    $247,500

    $435

    9.1%

    23

    Gray (830)

    Palmerston

    NT

    $252,500

    $440

    9.1%

    24

    Driver (830)

    Palmerston

    NT

    $256,000

    $445

    9.0%

    25

    Emerald (4720)

    Central Highlands (Qld)

    QLD

    $202,500

    $350

    9.0%

    26

    New Auckland (4680)

    Gladstone

    QLD

    $191,750

    $330

    8.9%

    27

    Bungalow (4870)

    Cairns

    QLD

    $212,000

    $360

    8.8%

    28

    Hyde Park (4812)

    Townsville

    QLD

    $195,250

    $330

    8.8%

    29

    Sorrento (6020)

    Joondalup

    WA

    $290,000

    $490

    8.8%

    30

    Glendalough (6016)

    Stirling

    WA

    $312,500

    $525

    8.7%

    31

    Margaret River (6285)

    Augusta Margaret River

    WA

    $301,500

    $500

    8.6%

    32

    Jubilee Pocket (4802)

    Whitsunday

    QLD

    $300,000

    $497.50

    8.6%

    33

    Millner (810)

    Darwin

    NT

    $292,000

    $480

    8.5%

    34

    Withers (6230)

    Bunbury

    WA

    $195,500

    $320

    8.5%

    35

    Earlville (4870)

    Cairns

    QLD

    $263,500

    $430

    8.5%

    36

    Idalia (4811)

    Townsville

    QLD

    $270,000

    $440

    8.5%

    37

    Manunda (4870)

    Cairns

    QLD

    $215,000

    $350

    8.5%

    38

    Darwin (800)

    Darwin

    NT

    $393,750

    $637.50

    8.4%

    39

    Rosslea (4812)

    Townsville

    QLD

    $225,000

    $360

    8.3%

    40

    Lockridge (6054)

    Swan

    WA

    $270,000

    $430

    8.3%

    41

    Heatley (4814)

    Townsville

    QLD

    $190,000

    $300

    8.2%

    42

    Bayswater (6053)

    Bayswater

    WA

    $335,000

    $527.50

    8.2%

    43

    Railway Estate (4810)

    Townsville

    QLD

    $230,000

    $360

    8.1%

    44

    Bakewell (832)

    Palmerston

    NT

    $288,000

    $450

    8.1%

    45

    Hamilton Hill (6163)

    Cockburn

    WA

    $336,000

    $525

    8.1%

    46

    Pimlico (4812)

    Townsville

    QLD

    $219,500

    $340

    8.1%

    47

    Broome (6725)

    Broome

    WA

    $387,500

    $600

    8.1%

    48

    Hermit Park (4812)

    Townsville

    QLD

    $213,130

    $330

    8.1%

    49

    South Gladstone (4680)

    Gladstone

    QLD

    $187,375

    $290

    8.0%

    50

    Douglas (4814)

    Townsville

    QLD

    $272,000

    $420

    8.0%

    51

    Moree (2400)

    Moree Plains

    NSW

    $175,000

    $270

    8.0%

    52

    Blacks Beach (4740)

    Mackay

    QLD

    $295,000

    $450

    7.9%

    53

    Rosebery (832)

    Palmerston

    NT

    $330,000

    $500

    7.9%

    54

    Geraldton (6530)

    Greater Geraldton

    WA

    $199,000

    $300

    7.8%

    55

    Melbourne (3000)

    Melbourne

    VIC

    $412,375

    $620

    7.8%

    56

    Wellard (6170)

    Kwinana

    WA

    $327,250

    $490

    7.8%

    57

    Beresford (6530)

    Greater Geraldton

    WA

    $215,000

    $320

    7.7%

    58

    South Mackay (4740)

    Mackay

    QLD

    $269,000

    $400

    7.7%

    59

    Parap (820)

    Darwin

    NT

    $370,000

    $550

    7.7%

    60

    Garbutt (4814)

    Townsville

    QLD

    $239,000

    $355

    7.7%

    61

    Johnston (832)

    Palmerston

    NT

    $347,500

    $515

    7.7%

    62

    Langford (6147)

    Gosnells

    WA

    $325,000

    $480

    7.7%

    63

    The Gap (870)

    Alice Springs

    NT

    $254,500

    $375

    7.7%

    64

    Holloways Beach (4878)

    Cairns

    QLD

    $271,750

    $400

    7.7%

    65

    Condon (4815)

    Townsville

    QLD

    $272,500

    $400

    7.6%

    66

    Cannonvale (4802)

    Whitsunday

    QLD

    $342,500

    $500

    7.6%

    67

    West End (4810)

    Townsville

    QLD

    $240,000

    $350

    7.6%

    68

    Mundingburra (4812)

    Townsville

    QLD

    $240,000

    $350

    7.6%

    69

    North Mackay (4740)

    Mackay

    QLD

    $255,750

    $372.50

    7.6%

    70

    Araluen (870)

    Alice Springs

    NT

    $309,000

    $450

    7.6%

    71

    Leanyer (812)

    Darwin

    NT

    $330,000

    $480

    7.6%

    72

    Goodna (4300)

    Ipswich

    QLD

    $275,000

    $400

    7.6%

    73

    Edmonton (4869)

    Cairns

    QLD

    $261,250

    $380

    7.6%

    74

    The Gardens (820)

    Darwin

    NT

    $400,000

    $580

    7.5%

    75

    Bellamack (832)

    Palmerston

    NT

    $345,000

    $500

    7.5%

    76

    Carlton (3053)

    Melbourne

    VIC

    $347,500

    $500

    7.5%

    77

    Coolalinga (839)

    Litchfield

    NT

    $310,000

    $445

    7.5%

    78

    Chinchilla (4413)

    Western Downs

    QLD

    $245,000

    $350

    7.4%

    79

    Edge Hill (4870)

    Cairns

    QLD

    $266,000

    $380

    7.4%

    80

    Wongaling Beach (4852)

    Cassowary Coast

    QLD

    $245,000

    $350

    7.4%

    81

    Bowen (4805)

    Whitsunday

    QLD

    $280,000

    $400

    7.4%

    82

    Aitkenvale (4814)

    Townsville

    QLD

    $245,000

    $350

    7.4%

    83

    Cannington (6107)

    Canning

    WA

    $364,000

    $520

    7.4%

    84

    Gillen (870)

    Alice Springs

    NT

    $310,000

    $440

    7.4%

    85

    Kelmscott (6111)

    Armadale

    WA

    $331,250

    $470

    7.4%

    86

    Glen Eden (4680)

    Gladstone

    QLD

    $275,000

    $390

    7.4%

    87

    Travancore (3032)

    Moonee Valley

    VIC

    $340,000

    $480

    7.3%

    88

    Redcliffe (6104)

    Belmont

    WA

    $390,000

    $550

    7.3%

    89

    Girrawheen (6064)

    Wanneroo

    WA

    $341,000

    $480

    7.3%

    90

    Kewarra Beach (4879)

    Cairns

    QLD

    $375,000

    $527.50

    7.3%

    91

    Thornlie (6108)

    Gosnells

    WA

    $320,000

    $450

    7.3%

    92

    Mandurah (6210)

    Mandurah

    WA

    $320,000

    $450

    7.3%

    93

    Kingaroy (4610)

    South Burnett

    QLD

    $242,500

    $340

    7.3%

    94

    Yangebup (6164)

    Cockburn

    WA

    $366,000

    $512.50

    7.3%

    95

    Bedford (6052)

    Bayswater

    WA

    $429,000

    $600

    7.3%

    96

    Wembley (6014)

    Cambridge

    WA

    $322,000

    $450

    7.3%

    97

    Mackay (4740)

    Mackay

    QLD

    $288,500

    $400

    7.2%

    98

    Stuart Park (820)

    Darwin

    NT

    $415,000

    $575

    7.2%

    99

    Cooee Bay (4703)

    Livingstone

    QLD

    $311,000

    $429.75

    7.2%

    100

    Cairns North (4870)

    Cairns

    QLD

    $326,500

    $450

    7.2%

    Source: CoreLogic. Data reported to the period ending February 2024. Median values account for sales transactions over 12 months.

    Image by Jorge Láscar on Flickr





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