If you're on the hunt for an investment property, there are worse places to look than Queensland. Along with Adelaide and Perth, Brisbane property values have been among the fastest growing in the nation over the past couple of years, with Regional Queensland also a strong performer.
The capital growth history is well documented, but information on rental yields tends to be less readily available. Most investors tend to focus on the growth prospects after all. However, a strong rental yield might give you a positively geared property, which could mean a few thousand dollars each year in passive income.
These are the Queensland suburbs and towns producing some of the state's strongest rental yields.
Queensland rental yields in 2026
Per most recent data these were the median sale prices and asking rents for houses and units in Brisbane and the rest of Queensland.
Median price | Median rent | Median rental yield | |
|---|---|---|---|
Houses (Brisbane) | $1,050,000 | $650 | 3.5% |
Units (Brisbane) | $762,500 | $620 | 4.5% |
Houses (Rest of Queensland) | $800,000 | $650 | 4.5% |
Units (Rest of Queensland) | $730,000 | $590 | 4.4% |
Source: CoreLogic. CoreLogic. Data reported to the period ending October '25. Median values account for sales transactions over three months.
Rental yields in Queensland have gone down significantly in the recent past, mainly because of how much property values in Brisbane and the rest of the state have appreciated. As of October 2025, Brisbane houses had an average rental yield of 3.5%, level with Canberra and Melbourne and above only Sydney. Regional Queensland had an average 4.5% yield for houses, below regional NT, South Australia, and Western Australia.
Read more: Highest rental yields in Australia
Highest rental yields in Queensland
Pioneer in Mount Isa had the highest rental yield for houses at 12%. For units it was Bucasia in Mackay, with an average rent of 11%.
Houses
| Rank | Suburb (Postcode) | LGA | Median Price | Median Rent | Rental Yield |
|---|---|---|---|---|---|
| 1st | Pioneer (4825) | Mount Isa | $190,000 | $440 | 12.0% |
| 2nd | Menzies (4825) | Mount Isa | $210,000 | $450 | 11.1% |
| 3rd | Collinsville (4804) | Whitsunday | $200,000 | $420 | 10.9% |
| 4th | Townview (4825) | Mount Isa | $241,000 | $460 | 9.9% |
| 5th | Dysart (4745) | Isaac | $240,000 | $450 | 9.8% |
| 6th | Moranbah (4744) | Isaac | $380,000 | $700 | 9.6% |
| 7th | Sunset (4825) | Mount Isa | $272,000 | $500 | 9.6% |
| 8th | Happy Valley (4825) | Mount Isa | $280,750 | $500 | 9.3% |
| 9th | Mornington (4825) | Mount Isa | $237,500 | $400 | 8.8% |
| 10th | Soldiers Hill (4825) | Mount Isa | $299,000 | $500 | 8.7% |
| 11th | Parkside (4825) | Mount Isa | $277,500 | $460 | 8.6% |
| 12th | Blackwater (4717) | Central Highlands | $270,000 | $440 | 8.5% |
| 13th | Barcaldine (4725) | Barcaldine | $200,000 | $320 | 8.3% |
| 14th | Healy (4825) | Mount Isa | $376,250 | $600 | 8.3% |
| 15th | Clermont (4721) | Isaac | $278,000 | $420 | 7.9% |
| 16th | Winston (4825) | Mount Isa | $305,000 | $445 | 7.6% |
| 17th | Moura (4718) | Banana | $275,000 | $400 | 7.6% |
| 18th | Wandoan (4419) | Western Downs | $245,000 | $350 | 7.4% |
| 19th | Charters Towers City (4820) | Charters Towers | $285,000 | $400 | 7.3% |
| 20th | Nebo (4742) | Isaac | $313,500 | $430 | 7.1% |
| 21st | Mount Morgan (4714) | Rockhampton | $310,000 | $420 | 7.0% |
| 22nd | Biloela (4715) | Banana | $365,000 | $485 | 6.9% |
| 23rd | Depot Hill (4700) | Rockhampton | $327,500 | $425 | 6.7% |
| 24th | Ingham (4850) | Hinchinbrook | $307,500 | $398 | 6.7% |
| 25th | St George (4487) | Balonne | $300,000 | $388 | 6.7% |
Source: CoreLogic. Data reported to the period ending October 2025. Median values account for sales transactions over 12 months.
Mining is by far the dominant theme of this list. All of the top ten suburbs are either in Mount Isa (one of the most productive mining regions in Australia) or the Bowen Basin, home to one of the largest coal deposits in Australia. Even Collinsville, in the Whitsunday region most people would associate with beaches and islands, is about 80kms inland and in the Bowen Basin.
This tends to be the case for high rental yield suburbs - there's a high demand for rental property as workers come for an extended period, but this doesn't translate into demand to buy since there isn't much else in these areas other than the mines.
As also tends to be the case, there are hardly any city suburbs in the top yields list. Only Depot Hill in Rockhampton at 23rd comes from one of Queensland's cities.
Units
| Rank | Suburb (Postcode) | LGA | Median Price | Median Rent | Rental Yield |
|---|---|---|---|---|---|
| 1st | Bucasia (4750) | Mackay | $185,000 | $390 | 11.0% |
| 2nd | Moranbah (4744) | Isaac | $383,500 | $690 | 9.4% |
| 3rd | Port Douglas (4877) | Douglas | $390,000 | $580 | 7.7% |
| 4th | Cardwell (4849) | Cassowary Coast | $252,000 | $370 | 7.6% |
| 5th | Edge Hill (4870) | Cairns | $318,000 | $460 | 7.5% |
| 6th | Edmonton (4869) | Cairns | $317,500 | $455 | 7.5% |
| 7th | Emerald (4720) | Central Highlands | $295,000 | $420 | 7.4% |
| 8th | Woree (4868) | Cairns | $295,000 | $415 | 7.3% |
| 9th | Blacks Beach (4740) | Mackay | $375,000 | $525 | 7.3% |
| 10th | Cranbrook (4814) | Townsville | $265,000 | $370 | 7.3% |
| 11th | Manunda (4870) | Cairns | $310,000 | $423 | 7.1% |
| 12th | Bungalow (4870) | Cairns | $322,000 | $430 | 6.9% |
| 13th | Jubilee Pocket (4802) | Whitsunday | $400,000 | $530 | 6.9% |
| 14th | Earlville (4870) | Cairns | $340,000 | $450 | 6.9% |
| 15th | West Mackay (4740) | Mackay | $380,000 | $500 | 6.8% |
| 16th | South Gladstone (4680) | Gladstone | $285,000 | $375 | 6.8% |
| 17th | Bowen (4805) | Whitsunday | $349,000 | $450 | 6.7% |
| 18th | Douglas (4814) | Townsville | $376,000 | $480 | 6.6% |
| 19th | Clifton Beach (4879) | Cairns | $462,750 | $590 | 6.6% |
| 20th | Mackay (4740) | Mackay | $357,000 | $455 | 6.6% |
| 21st | Palm Cove (4879) | Cairns | $422,000 | $530 | 6.5% |
| 22nd | Wongaling Beach (4852) | Cassowary Coast | $325,000 | $408 | 6.5% |
| 23rd | Ingham (4850) | Hinchinbrook | $260,000 | $325 | 6.5% |
| 24th | East Mackay (4740) | Mackay | $345,750 | $430 | 6.5% |
| 25th | Cairns North (4870) | Cairns | $395,000 | $490 | 6.5% |
Source: CoreLogic. Data reported to the period ending October 2025. Median values account for sales transactions over 12 months.
Again, mining is a recurring theme at the top of the list, with Moranbah and Emerald both mining hotspots.
Queensland’s cities are better represented in the highest rental yields for units. This is unsurprising to anyone who has ever been to rural Queensland - the state is more than 1.85 million kilometres squared, so units aren’t exactly commonplace. Outside of the cities, there’s enough room to build houses. Suburbs from Townsville, Mackay, Gladstone, Cairns and Rockhampton all feature in the top 25 for units.
Highest rental yields in Brisbane
Russell Island in Redland had the highest average rental yields in the Brisbane statistical division (5.3%). For units, South Brisbane took top spot at 5.9%.
Houses
| Rank | Suburb (Postcode) | LGA | Median Price | Median Rent | Rental Yield |
|---|---|---|---|---|---|
| 1st | Russell Island (4184) | Redland | $430,000 | $440 | 5.3% |
| 2nd | Dinmore (4303) | Ipswich | $550,000 | $500 | 4.7% |
| 3rd | Macleay Island (4184) | Redland | $510,000 | $460 | 4.7% |
| 4th | Belivah (4207) | Logan | $900,000 | $785 | 4.5% |
| 5th | Churchill (4305) | Ipswich | $660,000 | $550 | 4.3% |
| 6th | Windaroo (4207) | Logan | $1,000,000 | $830 | 4.3% |
| 7th | D'Aguilar (4514) | Moreton Bay | $838,000 | $695 | 4.3% |
| 8th | Munruben (4125) | Logan | $1,210,000 | $988 | 4.2% |
| 9th | Caboolture South (4510) | Moreton Bay | $735,000 | $595 | 4.2% |
| 10th | Donnybrook (4510) | Moreton Bay | $745,000 | $600 | 4.2% |
| 11th | Waterford (4133) | Logan | $785,000 | $630 | 4.2% |
| 12th | Holmview (4207) | Logan | $775,000 | $620 | 4.2% |
| 13th | Yarrabilba (4207) | Logan | $750,000 | $600 | 4.2% |
| 14th | Ebbw Vale (4304) | Ipswich | $645,000 | $515 | 4.2% |
| 15th | Basin Pocket (4305) | Ipswich | $615,000 | $490 | 4.1% |
| 16th | Raceview (4305) | Ipswich | $715,000 | $568 | 4.1% |
| 17th | Gailes (4300) | Ipswich | $642,000 | $510 | 4.1% |
| 18th | North Booval (4304) | Ipswich | $655,000 | $520 | 4.1% |
| 19th | Blackstone (4304) | Ipswich | $712,500 | $560 | 4.1% |
| 20th | Mount Warren Park (4207) | Logan | $820,000 | $650 | 4.1% |
| 21st | Loganholme (4129) | Logan | $821,250 | $650 | 4.1% |
| 22nd | Eagleby (4207) | Logan | $700,000 | $550 | 4.1% |
| 23rd | Woodford (4514) | Moreton Bay | $853,000 | $670 | 4.1% |
| 24th | East Ipswich (4305) | Ipswich | $650,000 | $510 | 4.1% |
| 25th | Forestdale (4118) | Logan | $1,658,500 | $1,300 | 4.1% |
Source: CoreLogic. Data reported to the period ending October 2025. Median values account for sales transactions over 12 months.
Units
| Rank | Suburb (Postcode) | LGA | Median Price | Median Rent | Rental Yield |
|---|---|---|---|---|---|
| 1st | South Brisbane (4101) | Brisbane | $699,000 | $795 | 5.9% |
| 2nd | Bowen Hills (4006) | Brisbane | $568,500 | $625 | 5.7% |
| 3rd | Spring Hill (4000) | Brisbane | $580,000 | $620 | 5.6% |
| 4th | Brisbane City (4000) | Brisbane | $717,500 | $750 | 5.4% |
| 5th | Fortitude Valley (4006) | Brisbane | $598,750 | $610 | 5.3% |
| 6th | Milton (4064) | Brisbane | $660,000 | $660 | 5.2% |
| 7th | Woolloongabba (4102) | Brisbane | $715,000 | $700 | 5.1% |
| 8th | Caboolture (4510) | Moreton Bay | $460,000 | $450 | 5.1% |
| 9th | Hamilton (4007) | Brisbane | $697,000 | $680 | 5.1% |
| 10th | Dutton Park (4102) | Brisbane | $590,000 | $573 | 5.1% |
| 11th | Brendale (4500) | Moreton Bay | $610,000 | $590 | 5.0% |
| 12th | Hillcrest (4118) | Logan | $540,000 | $520 | 5.0% |
| 13th | Herston (4006) | Brisbane | $676,000 | $650 | 5.0% |
| 14th | Yarrabilba (4207) | Logan | $567,500 | $545 | 5.0% |
| 15th | Mansfield (4122) | Brisbane | $626,000 | $600 | 5.0% |
| 16th | Waterford West (4133) | Logan | $495,000 | $470 | 4.9% |
| 17th | Narangba (4504) | Moreton Bay | $615,000 | $580 | 4.9% |
| 18th | Newstead (4006) | Brisbane | $830,000 | $775 | 4.9% |
| 19th | Woodridge (4114) | Logan | $450,000 | $420 | 4.9% |
| 20th | Deception Bay (4508) | Moreton Bay | $590,000 | $550 | 4.8% |
| 21st | Doolandella (4077) | Brisbane | $633,000 | $590 | 4.8% |
| 22nd | Forest Lake (4078) | Brisbane | $559,000 | $520 | 4.8% |
| 23rd | Kangaroo Point (4169) | Brisbane | $800,000 | $740 | 4.8% |
| 24th | Kelvin Grove (4059) | Brisbane | $660,000 | $610 | 4.8% |
| 25th | Corinda (4075) | Brisbane | $705,000 | $650 | 4.8% |
Source: CoreLogic. Data reported to the period ending October 2025. Median values account for sales transactions over 12 months.
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