High rental yields can increase an investor's chances of having a positively geared property. This means the property generates more income (i.e. rent) each year than it costs in interest payments and other expenses. According to the data, these suburbs are where you can expect to find the Australian properties with the highest rental yields at the moment.

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 our 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.

If the value of a property increases dramatically but the rental yield stays the same, the rental yield decreases. This doesn't mean the property is generating any less income, just that the income is smaller relative to the property value.

Rental yields tend to be higher in areas where the demand for rent is higher than the demand for owner-occupied property.

For example, in October 2025, eleven of the top twenty suburbs by rental yield for houses were in rural Western Australia. If you’ve heard of areas like the Coolgardie or Pilbara regions, it was likely in relation to mining. Pilbara sits on top of one of the biggest iron ore deposits in the world, while towns like Kambalda in Coolgardie are also mining hotspots for minerals like gold and nickel.

Demand for property can therefore be more transient, as miners come and go. Other mining centres like Mount Isa in Queensland feature prominently in both lists.

The vast majority of the suburbs in the top 100 lists are outside of the capital cities of the respective states. In the list for houses there isn't a single suburb within the Statistical Division of any of the eight capital cities.

Perhaps unsurprisingly, the capitals fare a little better for units. There were 22 suburbs from Darwin, eight from Perth, seven from Melbourne, and one from Canberra - but that still leaves more than 50% of the top suburbs for rental yield outside of the major cities.

Australia rental yields in 2026

Rental yields increase when the cost of renting becomes greater relative to property values. These are the most recent stats for all eight capital cities and the regional areas of each respective state:

StateAreaProperty TypeMedian PriceWeekly Median Advertised RentGross Rental Yield
ACTMetroHouses$995,000$6503.5%
ACTMetroUnits$605,000$5755.0%
NSWMetroHouses$1,560,000$7502.6%
NSWMetroUnits$835,000$7154.5%
NTMetroHouses$666,500$6805.8%
NTMetroUnits$415,000$5607.5%
QLDMetroHouses$1,050,000$6503.5%
QLDMetroUnits$762,500$6204.5%
SAMetroHouses$880,250$6003.7%
SAMetroUnits$650,000$5504.7%
TASMetroHouses$736,400$5604.0%
TASMetroUnits$585,000$5004.8%
VICMetroHouses$890,000$5753.5%
VICMetroUnits$640,000$5704.8%
WAMetroHouses$875,000$6904.3%
WAMetroUnits$640,000$6505.7%
NSWCountryHouses$790,000$5904.0%
NSWCountryUnits$680,000$5204.1%
NTCountryHouses$437,500$5706.7%
NTCountryUnits$300,000$4508.0%
QLDCountryHouses$800,000$6504.5%
QLDCountryUnits$730,000$5904.4%
SACountryHouses$525,000$4304.6%
SACountryUnits$420,500$3104.1%
TASCountryHouses$580,000$4604.3%
TASCountryUnits$420,000$4205.1%
VICCountryHouses$595,000$4904.4%
VICCountryUnits$440,000$4105.0%
WACountryHouses$600,000$6506.0%
WACountryUnits$415,000$6008.0%

Source: CoreLogic. Data reported to the period ending October 2025. Median values account for sales transactions over three months.

The latest data on rental yields (up to October last year) suggests the highest rental yields in Australia are to be found in regional Western Australia and the Northern Territory. The average house in country NT has a rental yield of 6.7%, while investors could expect a 8% annual return on units in rural WA.

For cities, Darwin had the highest average yield for both houses (5.8%) and units (7.5%).

Read more:

Interested in an investment property? Here are some of the top options in Australia at the moment

Update resultsUpdate
LenderHome LoanInterest Rate Comparison Rate* Monthly Repayment Repayment type Rate Type Offset Redraw Ongoing Fees Upfront Fees Max LVR Lump Sum Repayment Extra Repayments Split Loan Option TagsFeaturesLinkComparePromoted ProductDisclosure
6.24% p.a.
6.28% p.a.
$3,075
Principal & Interest
Variable
$0
$530
90%
  • Investor
  • Variable
  • Principal & Interest
  • 10% Min Deposit
  • Redraw
  • Extra Repayments
  • More details
  • Minimum 10% deposit needed to qualify. Available for purchase or refinance
  • No application, ongoing monthly or annual fees.
Disclosure
6.04% p.a.
5.95% p.a.
$3,011
Principal & Interest
Variable
$0
$0
80%
  • Built and funded by CommBank
  • Investor
  • Variable
  • Principal & Interest
  • 20% Min Deposit
  • Redraw
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  • A low-rate variable investment home loan from a 100% online lender.
  • Backed by the Commonwealth Bank.
Disclosure
6.14% p.a.
6.16% p.a.
$3,043
Principal & Interest
Variable
$0
$350
60%
  • Investor
  • Variable
  • Principal & Interest
  • 40% Min Deposit
  • Redraw
  • More details
Important Information and Comparison Rate Warning
Important Information and Comparison Rate Warning

Top 100 rental yield suburbs in Australia for houses

RankSuburb (Postcode)LGA, StateMedian PriceWeekly Median RentGross Rental Yield
1stTom Price (6751)Ashburton, WA$685,000$1,74513.2%
2ndCoolgardie (6429)Coolgardie, WA$167,500$40012.4%
3rdPioneer (4825)Mount Isa, QLD$190,000$44012.0%
4thPegs Creek (6714)Karratha, WA$550,000$1,20011.3%
5thKambalda East (6442)Coolgardie, WA$165,000$36011.3%
6thMenzies (4825)Mount Isa, QLD$210,000$45011.1%
7thMillars Well (6714)Karratha, WA$563,750$1,20011.1%
8thCollinsville (4804)Whitsunday, QLD$200,000$42010.9%
9thEchuca (3564)Campaspe, VIC$578,000$1,17810.6%
10thBaynton (6714)Karratha, WA$771,000$1,55010.5%
11thNewman (6753)East Pilbara, WA$355,000$70010.3%
12thSouth Boulder (6432)Kalgoorlie-Boulder, WA$300,000$57510.0%
13thTownview (4825)Mount Isa, QLD$241,000$4609.9%
14thKambalda West (6442)Coolgardie, WA$210,500$4009.9%
15thDysart (4745)Isaac, QLD$240,000$4509.8%
16thSouth Hedland (6722)Port Hedland, WA$481,500$9009.7%
17thBrockman (6701)Carnarvon, WA$322,500$6009.7%
18thMoranbah (4744)Isaac, QLD$380,000$7009.6%
19thSunset (4825)Mount Isa, QLD$272,000$5009.6%
20thKalgoorlie (6430)Kalgoorlie-Boulder, WA$369,000$6739.5%
21stNickol (6714)Karratha, WA$662,500$1,2009.4%
22ndHappy Valley (4825)Mount Isa, QLD$280,750$5009.3%
23rdPort Hedland (6721)Port Hedland, WA$791,500$1,4009.2%
24thRavensthorpe (6346)Ravensthorpe, WA$215,000$3759.1%
25thBulgarra (6714)Karratha, WA$577,500$1,0009.0%
26thZeehan (7469)West Coast, TAS$175,000$3008.9%
27thBroken Hill (2880)Broken Hill, NSW$205,000$3508.9%
28thMornington (4825)Mount Isa, QLD$237,500$4008.8%
29thSoldiers Hill (4825)Mount Isa, QLD$299,000$5008.7%
30thCoonamble (2829)Coonamble, NSW$180,000$3008.7%
31stDjugun (6725)Broome, WA$780,000$1,3008.7%
32ndBoulder (6432)Kalgoorlie-Boulder, WA$345,000$5758.7%
33rdSouth Kalgoorlie (6430)Kalgoorlie-Boulder, WA$380,000$6308.6%
34thParkside (4825)Mount Isa, QLD$277,500$4608.6%
35thPeterborough (5422)Peterborough, SA$180,000$2988.6%
36thKatherine South (0850)Katherine, NT$275,000$4558.6%
37thPiccadilly (6430)Kalgoorlie-Boulder, WA$396,500$6508.5%
38thBlackwater (4717)Central Highlands, QLD$270,000$4408.5%
39thLamington (6430)Kalgoorlie-Boulder, WA$420,000$6808.4%
40thKatherine East (0850)Katherine, NT$336,000$5408.4%
41stBarcaldine (4725)Barcaldine, QLD$200,000$3208.3%
42ndHealy (4825)Mount Isa, QLD$376,250$6008.3%
43rdBilingurr (6725)Broome, WA$760,500$1,2008.2%
44thVictory Heights (6432)Kalgoorlie-Boulder, WA$370,000$5808.2%
45thWest Lamington (6430)Kalgoorlie-Boulder, WA$440,000$6808.0%
46thDampier (6713)Karratha, WA$842,500$1,3008.0%
47thNyngan (2825)Bogan, NSW$260,000$4008.0%
48thCable Beach (6726)Broome, WA$720,000$1,1007.9%
49thPort Pirie West (5540)Port Pirie, SA$240,000$3637.9%
50thWarracknabeal (3393)Yarriambiack, VIC$225,000$3407.9%
51stClermont (4721)Isaac, QLD$278,000$4207.9%
52ndLarapinta (0875)Alice Springs, NT$397,500$6007.8%
53rdHannans (6430)Kalgoorlie-Boulder, WA$500,000$7507.8%
54thSomerville (6430)Kalgoorlie-Boulder, WA$537,000$8007.7%
55thWinston (4825)Mount Isa, QLD$305,000$4457.6%
56thDesert Springs (0870)Alice Springs, NT$720,000$1,0507.6%
57thMoura (4718)Banana, QLD$275,000$4007.6%
58thBroome (6725)Broome, WA$625,000$9007.5%
59thQueenstown (7467)West Coast, TAS$202,500$2907.4%
60thWandoan (4419)Western Downs, QLD$245,000$3507.4%
61stKatanning (6317)Katanning, WA$284,000$4007.3%
62ndthe Gap (0870)Alice Springs, NT$370,000$5207.3%
63rdRoxby Downs (5725)Roxby Downs, SA$260,000$3657.3%
64thCharters Towers City (4820)Charters Towers, QLD$285,000$4007.3%
65thMerredin (6415)Merredin, WA$290,000$4007.2%
66thGillen (0870)Alice Springs, NT$432,500$5957.2%
67thNebo (4742)Isaac, QLD$313,500$4307.1%
68thSolomontown (5540)Port Pirie, SA$300,000$4107.1%
69thUtakarra (6530)Greater Geraldton, WA$362,500$4957.1%
70thCleve (5640)Cleve, SA$249,000$3407.1%
71stKununurra (6743)Wyndham–East Kimberley, WA$460,000$6257.1%
72ndSouth Lismore (2480)Lismore, NSW$367,500$4987.0%
73rdMount Morgan (4714)Rockhampton, QLD$310,000$4207.0%
74thKatherine (0850)Katherine, NT$385,000$5157.0%
75thOuyen (3490)Mildura, VIC$255,000$3406.9%
76thBiloela (4715)Banana, QLD$365,000$4856.9%
77thCoonabarabran (2357)Warrumbungle, NSW$288,750$3806.8%
78thDepot Hill (4700)Rockhampton, QLD$327,500$4256.7%
79thDerby (6728)Derby–West Kimberley, WA$362,500$4706.7%
80thNarrogin (6312)Narrogin, WA$347,500$4506.7%
81stIngham (4850)Hinchinbrook, QLD$307,500$3986.7%
82ndSt George (4487)Balonne, QLD$300,000$3886.7%
83rdPort Augusta (5700)Port Augusta, SA$272,000$3506.7%
84thWest Wyalong (2671)Bland, NSW$385,000$4956.7%
85thLongreach (4730)Longreach, QLD$275,000$3506.6%
86thSadadeen (0870)Alice Springs, NT$458,000$5806.6%
87thInnisfail (4860)Cassowary Coast, QLD$320,000$4056.6%
88thBlackall (4472)Blackall Tambo, QLD$237,500$3006.6%
89thCapella (4723)Central Highlands, QLD$332,500$4206.6%
90thBordertown (5268)Tatiara, SA$325,000$4106.6%
91stDongara (6525)Irwin, WA$397,500$5006.5%
92ndBraitling (0870)Alice Springs, NT$470,000$5906.5%
93rdEast Bairnsdale (3875)East Gippsland, VIC$375,000$4706.5%
94thForrest Beach (4850)Hinchinbrook, QLD$385,000$4806.5%
95thRangeway (6530)Greater Geraldton, WA$345,000$4306.5%
96thWhyalla Stuart (5608)Whyalla, SA$225,000$2806.5%
97thRichmond Hill (4820)Charters Towers, QLD$330,000$4106.5%
98thGolden Beach (3851)Wellington, VIC$310,000$3856.5%
99thRockhampton City (4700)Rockhampton, QLD$380,000$4706.4%
100thJurien Bay (6516)Dandaragan, WA$517,500$6406.4%

Source: CoreLogic. Data reported to the period ending October 2025. Median values account for sales transactions over 12 months.

Top 100 rental yield suburbs in Australia for units

RankSuburb (Postcode)State, LGAMedian PriceWeekly Median RentGross Rental Yield
1stNewman (6753)East Pilbara, WA$210,000$50012.4%
2ndSouth Hedland (6722)Port Hedland, WA$299,000$70012.2%
3rdPort Augusta (5700)Port Augusta, SA$122,490$28011.9%
4thBulgarra (6714)Karratha, WA$305,000$65011.1%
5thBucasia (4750)Mackay, QLD$185,000$39011.0%
6thMillars Well (6714)Karratha, WA$407,500$85010.8%
7thManjimup (6258)Manjimup, WA$217,500$45010.8%
8thPegs Creek (6714)Karratha, WA$500,000$97810.2%
9thBroome (6725)Broome, WA$410,000$7759.8%
10thPort Hedland (6721)Port Hedland, WA$441,901$8259.7%
11thCable Beach (6726)Broome, WA$360,000$6509.4%
12thMoranbah (4744)Isaac, QLD$383,500$6909.4%
13thBellamack (0832)Palmerston, NT$308,750$5509.3%
14thBeresford (6530)Greater Geraldton, WA$240,000$4259.2%
15thSadadeen (0870)Alice Springs, NT$284,500$5009.1%
16thSomerville (6430)Kalgoorlie-Boulder, WA$334,500$5809.0%
17thBoulder (6432)Kalgoorlie-Boulder, WA$275,000$4708.9%
18thKarama (0812)Darwin, NT$283,500$4808.8%
19thKalgoorlie (6430)Kalgoorlie-Boulder, WA$327,000$5508.7%
20thParap (0820)Darwin, NT$365,000$6008.5%
21stCoolalinga (0839)Litchfield, NT$300,000$4908.5%
22ndGray (0830)Palmerston, NT$307,000$5008.5%
23rdDriver (0830)Palmerston, NT$310,000$5008.4%
24thMelbourne (3000)Melbourne, VIC$409,444$6508.3%
25thLarapinta (0875)Alice Springs, NT$267,500$4208.2%
26thGillen (0870)Alice Springs, NT$275,000$4308.1%
27thPiccadilly (6430)Kalgoorlie-Boulder, WA$320,000$5008.1%
28ththe Gap (0870)Alice Springs, NT$273,000$4258.1%
29thSeymour (3660)Mitchell, VIC$233,000$3608.0%
30thCarlton (3053)Melbourne, VIC$360,000$5507.9%
31stDarwin City (0800)Darwin, NT$410,000$6207.9%
32ndMillner (0810)Darwin, NT$325,000$4907.8%
33rdMarrara (0812)Darwin, NT$340,000$5107.8%
34thGeraldton (6530)Greater Geraldton, WA$260,000$3907.8%
35thPort Douglas (4877)Douglas, QLD$390,000$5807.7%
36thCardwell (4849)Cassowary Coast, QLD$252,000$3707.6%
37thSapphire Beach (2450)Coffs Harbour, NSW$380,000$5557.6%
38thCoconut Grove (0810)Darwin, NT$375,000$5457.6%
39thEdge Hill (4870)Cairns, QLD$318,000$4607.5%
40thTravancore (3032)Moonee Valley, VIC$360,000$5207.5%
41stWithers (6230)Bunbury, WA$267,500$3857.5%
42ndEdmonton (4869)Cairns, QLD$317,500$4557.5%
43rdEmerald (4720)Central Highlands, QLD$295,000$4207.4%
44thWoree (4868)Cairns, QLD$295,000$4157.3%
45thLeanyer (0812)Darwin, NT$370,000$5207.3%
46thBlacks Beach (4740)Mackay, QLD$375,000$5257.3%
47thCranbrook (4814)Townsville, QLD$265,000$3707.3%
48thNightcliff (0810)Darwin, NT$356,000$4957.2%
49thBrinkin (0810)Darwin, NT$360,000$5007.2%
50thLudmilla (0820)Darwin, NT$360,000$5007.2%
51stSouthbank (3006)Melbourne, VIC$490,000$6807.2%
52ndStuart Park (0820)Darwin, NT$432,500$6007.2%
53rdOrelia (6167)Kwinana, WA$325,000$4507.2%
54thBakewell (0832)Palmerston, NT$376,850$5207.2%
55thManunda (4870)Cairns, QLD$310,000$4237.1%
56thSouth Kalgoorlie (6430)Kalgoorlie-Boulder, WA$352,000$4807.1%
57thWoolner (0820)Darwin, NT$439,000$5957.0%
58thErskine (6210)Mandurah, WA$369,000$5007.0%
59thGlendalough (6016)Stirling, WA$428,750$5807.0%
60thMoree (2400)Moree Plains, NSW$207,500$2807.0%
61stLismore (2480)Lismore, NSW$290,000$3907.0%
62ndAraluen (0870)Alice Springs, NT$352,500$4737.0%
63rdAlbion (3020)Brimbank, VIC$287,500$3857.0%
64thBungalow (4870)Cairns, QLD$322,000$4306.9%
65thWest Melbourne (3003)Melbourne, VIC$450,000$6006.9%
66thCurtin (2605)Canberra, ACT$372,000$4936.9%
67thJubilee Pocket (4802)Whitsunday, QLD$400,000$5306.9%
68thEarlville (4870)Cairns, QLD$340,000$4506.9%
69thEast Side (0870)Alice Springs, NT$348,000$4606.9%
70thRosebery (0832)Palmerston, NT$416,100$5506.9%
71stPerth (6000)Perth, WA$545,000$7206.9%
72ndSouth Gladstone (4680)Gladstone, QLD$285,000$3756.8%
73rdWest Mackay (4740)Mackay, QLD$380,000$5006.8%
74thNotting Hill (3168)Monash, VIC$420,000$5506.8%
75thNorthbridge (6003)Perth, WA$535,000$7006.8%
76thLarrakeyah (0820)Darwin, NT$460,000$6006.8%
77thFannie Bay (0820)Darwin, NT$461,000$6006.8%
78thBowen (4805)Whitsunday, QLD$349,000$4506.7%
79thLyons (2606)Canberra, ACT$382,500$4906.7%
80thHaymarket (2000)Sydney, NSW$938,000$1,2006.7%
81stJohnston (0832)Palmerston, NT$430,500$5506.6%
82ndCrace (2911)Canberra, ACT$454,000$5806.6%
83rdDouglas (4814)Townsville, QLD$376,000$4806.6%
84thClifton Beach (4879)Cairns, QLD$462,750$5906.6%
85thMackay (4740)Mackay, QLD$357,000$4556.6%
86thEast Perth (6004)Perth, WA$570,000$7206.6%
87thPalm Cove (4879)Cairns, QLD$422,000$5306.5%
88thWembley (6014)Cambridge, WA$438,000$5506.5%
89thWongaling Beach (4852)Cassowary Coast, QLD$325,000$4086.5%
90thRedcliffe (6104)Belmont, WA$479,000$6006.5%
91stHawker (2614)Canberra, ACT$400,000$5006.5%
92ndIngham (4850)Hinchinbrook, QLD$260,000$3256.5%
93rdSouth Tamworth (2340)Tamworth, NSW$265,000$3306.5%
94ththe Gardens (0820)Darwin, NT$482,000$6006.5%
95thEast Mackay (4740)Mackay, QLD$345,750$4306.5%
96thAscot (6104)Belmont, WA$555,000$6906.5%
97thCairns North (4870)Cairns, QLD$395,000$4906.5%
98thArarat (3377)Ararat, VIC$274,250$3406.4%
99thGladstone Central (4680)Gladstone, QLD$340,000$4206.4%
100thCairnlea (3023)Brimbank, VIC$413,650$5106.4%

Source: CoreLogic. Data reported to the period ending October 2025. Median values account for sales transactions over 12 months.