Western Australia can seem a little detached from the rest of the nation. Several thousand kilometres and two time zones separate WA from the east coast cities - as most people have heard at a trivia evening somewhere, Perth is closer to Jakarta than it is to Canberra.
Nevertheless, in the post Covid era Western Australia developed into one of the hottest property markets in the country. For interstate investors and residents alike, demand for property in Perth and the rest of the state has been booming. From the end of 2020 to the end of 2025, Perth dwelling values grew 89% according to Cotality (formerly CoreLogic), more than any other capital, while property in Regional Western Australia became nearly 88.7% more expensive.
If you're considering investing in Western Australia, these are the suburbs the data suggests might have the highest rental yields.
Western Australia rental yields in 2026
Western Australia rental yields are among the strongest in Australia. For both houses and units, regional WA has a higher average yield than anywhere else in the nation except for regional Northern Territory. Perth is second to Darwin as the capital with the highest yields for both units and houses.
Per the most recent data the average sale price, asking rent and rental yield in WA were as follows:
Median price | Median rent | Median rental yield | |
|---|---|---|---|
Houses (Perth) | $875,000 | $690 | 4.3% |
Units (Perth) | $640,000 | $650 | 5.7% |
Houses (Rest of WA) | $600,000 | $650 | 6% |
Units (Rest of WA) | $415,000 | $600 | 8% |
Source: Cotality. Data reported to the period ending October 2025. Median values account for sales transactions over three months.
Highest rental yields in Western Australia
Tom Price, with an average yield of 13.2%, has the highest yields for houses in the nation, let alone WA. For units, Newman in East Pilbara took out top spot with a 12.4% average yield.
Western Australia typically dominates the top suburbs in the nation for yields. For example, with a yield of 8% for houses, Dampier ranks 25th in Western Australia. In our equivalent list for the whole country, Dampier ranks 46th.
The biggest reason for this is mining. Many of these suburbs are in regions like Pilbara, which sits atop one of the world's largest deposits of iron ore. Mining towns tend to have strong rental demand from workers moving temporarily to the area that often doesn't translate to an equivalent demand to buy. Hence the discrepancy between the two and subsequent higher than average yields.
With much more demand to buy, suburbs in and around major cities tend to have lower yields. No Perth suburbs made the top 25 for WA despite having a higher median yield than most of the other capitals.
Houses
| Rank | Suburb (Postcode) | LGA | Median Price | Median Rent | Rental Yield |
|---|---|---|---|---|---|
| 1st | Tom Price (6751) | Ashburton | $685,000 | $1,745 | 13.2% |
| 2nd | Coolgardie (6429) | Coolgardie | $167,500 | $400 | 12.4% |
| 3rd | Pegs Creek (6714) | Karratha | $550,000 | $1,200 | 11.3% |
| 4th | Kambalda East (6442) | Coolgardie | $165,000 | $360 | 11.3% |
| 5th | Millars Well (6714) | Karratha | $563,750 | $1,200 | 11.1% |
| 6th | Baynton (6714) | Karratha | $771,000 | $1,550 | 10.5% |
| 7th | Newman (6753) | East Pilbara | $355,000 | $700 | 10.3% |
| 8th | South Boulder (6432) | Kalgoorlie-Boulder | $300,000 | $575 | 10.0% |
| 9th | Kambalda West (6442) | Coolgardie | $210,500 | $400 | 9.9% |
| 10th | South Hedland (6722) | Port Hedland | $481,500 | $900 | 9.7% |
| 11th | Brockman (6701) | Carnarvon | $322,500 | $600 | 9.7% |
| 12th | Kalgoorlie (6430) | Kalgoorlie-Boulder | $369,000 | $673 | 9.5% |
| 13th | Nickol (6714) | Karratha | $662,500 | $1,200 | 9.4% |
| 14th | Port Hedland (6721) | Port Hedland | $791,500 | $1,400 | 9.2% |
| 15th | Ravensthorpe (6346) | Ravensthorpe | $215,000 | $375 | 9.1% |
| 16th | Bulgarra (6714) | Karratha | $577,500 | $1,000 | 9.0% |
| 17th | Djugun (6725) | Broome | $780,000 | $1,300 | 8.7% |
| 18th | Boulder (6432) | Kalgoorlie-Boulder | $345,000 | $575 | 8.7% |
| 19th | South Kalgoorlie (6430) | Kalgoorlie-Boulder | $380,000 | $630 | 8.6% |
| 20th | Piccadilly (6430) | Kalgoorlie-Boulder | $396,500 | $650 | 8.5% |
| 21st | Lamington (6430) | Kalgoorlie-Boulder | $420,000 | $680 | 8.4% |
| 22nd | Bilingurr (6725) | Broome | $760,500 | $1,200 | 8.2% |
| 23rd | Victory Heights (6432) | Kalgoorlie-Boulder | $370,000 | $580 | 8.2% |
| 24th | West Lamington (6430) | Kalgoorlie-Boulder | $440,000 | $680 | 8.0% |
| 25th | Dampier (6713) | Karratha | $842,500 | $1,300 | 8.0% |
Source: Cotality. 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 | Newman (6753) | East Pilbara | $210,000 | $500 | 12.4% |
| 2nd | South Hedland (6722) | Port Hedland | $299,000 | $700 | 12.2% |
| 3rd | Bulgarra (6714) | Karratha | $305,000 | $650 | 11.1% |
| 4th | Millars Well (6714) | Karratha | $407,500 | $850 | 10.8% |
| 5th | Manjimup (6258) | Manjimup | $217,500 | $450 | 10.8% |
| 6th | Pegs Creek (6714) | Karratha | $500,000 | $978 | 10.2% |
| 7th | Broome (6725) | Broome | $410,000 | $775 | 9.8% |
| 8th | Port Hedland (6721) | Port Hedland | $441,901 | $825 | 9.7% |
| 9th | Cable Beach (6726) | Broome | $360,000 | $650 | 9.4% |
| 10th | Beresford (6530) | Greater Geraldton | $240,000 | $425 | 9.2% |
| 11th | Somerville (6430) | Kalgoorlie-Boulder | $334,500 | $580 | 9.0% |
| 12th | Boulder (6432) | Kalgoorlie-Boulder | $275,000 | $470 | 8.9% |
| 13th | Kalgoorlie (6430) | Kalgoorlie-Boulder | $327,000 | $550 | 8.7% |
| 14th | Piccadilly (6430) | Kalgoorlie-Boulder | $320,000 | $500 | 8.1% |
| 15th | Geraldton (6530) | Greater Geraldton | $260,000 | $390 | 7.8% |
| 16th | Withers (6230) | Bunbury | $267,500 | $385 | 7.5% |
| 17th | Orelia (6167) | Kwinana | $325,000 | $450 | 7.2% |
| 18th | South Kalgoorlie (6430) | Kalgoorlie-Boulder | $352,000 | $480 | 7.1% |
| 19th | Erskine (6210) | Mandurah | $369,000 | $500 | 7.0% |
| 20th | Glendalough (6016) | Stirling | $428,750 | $580 | 7.0% |
| 21st | Perth (6000) | Perth | $545,000 | $720 | 6.9% |
| 22nd | Northbridge (6003) | Perth | $535,000 | $700 | 6.8% |
| 23rd | East Perth (6004) | Perth | $570,000 | $720 | 6.6% |
| 24th | Wembley (6014) | Cambridge | $438,000 | $550 | 6.5% |
| 25th | Redcliffe (6104) | Belmont | $479,000 | $600 | 6.5% |
Source: Cotality. Data reported to the period ending October 2025. Median values account for sales transactions over 12 months.
Highest rental yields in Perth
The suburb with the highest yields for houses in the Perth statistical division as of April was Midvale at 5.6%. For units it was Orelia at 7.2%.
Houses
| Rank | Suburb (Postcode) | LGA | Median Price | Median Rent | Rental Yield |
|---|---|---|---|---|---|
| 1st | Midvale (6056) | Swan | $613,775 | $660 | 5.6% |
| 2nd | Stratton (6056) | Swan | $615,000 | $650 | 5.5% |
| 3rd | Bellevue (6056) | Swan | $635,000 | $660 | 5.4% |
| 4th | Brabham (6055) | Swan | $727,364 | $750 | 5.4% |
| 5th | Maddington (6109) | Gosnells | $640,500 | $650 | 5.3% |
| 6th | Midland (6056) | Swan | $595,000 | $600 | 5.2% |
| 7th | Dayton (6055) | Swan | $747,500 | $750 | 5.2% |
| 8th | Hilbert (6112) | Armadale | $670,000 | $670 | 5.2% |
| 9th | Westminster (6061) | Stirling | $700,000 | $700 | 5.2% |
| 10th | Middle Swan (6056) | Swan | $625,000 | $625 | 5.2% |
| 11th | Brookdale (6112) | Armadale | $620,000 | $615 | 5.2% |
| 12th | Kwinana Town Centre (6167) | Kwinana | $605,000 | $600 | 5.2% |
| 13th | Armadale (6112) | Armadale | $590,000 | $583 | 5.1% |
| 14th | Nollamara (6061) | Stirling | $708,500 | $700 | 5.1% |
| 15th | Balga (6061) | Stirling | $658,000 | $650 | 5.1% |
| 16th | Camillo (6111) | Armadale | $610,000 | $600 | 5.1% |
| 17th | Bentley (6102) | Canning | $745,000 | $730 | 5.1% |
| 18th | Sinagra (6065) | Wanneroo | $768,750 | $750 | 5.1% |
| 19th | Whitby (6123) | Serpentine-Jarrahdale | $700,000 | $680 | 5.1% |
| 20th | Banksia Grove (6031) | Wanneroo | $716,000 | $695 | 5.0% |
| 21st | Orelia (6167) | Kwinana | $600,000 | $580 | 5.0% |
| 22nd | Beckenham (6107) | Gosnells | $725,000 | $700 | 5.0% |
| 23rd | Seville Grove (6112) | Armadale | $669,800 | $645 | 5.0% |
| 24th | Upper Swan (6069) | Swan | $730,000 | $700 | 5.0% |
| 25th | Huntingdale (6110) | Gosnells | $732,000 | $700 | 5.0% |
Source: Cotality. 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 | Orelia (6167) | Kwinana | $325,000 | $450 | 7.2% |
| 2nd | Glendalough (6016) | Stirling | $428,750 | $580 | 7.0% |
| 3rd | Perth (6000) | Perth | $545,000 | $720 | 6.9% |
| 4th | Northbridge (6003) | Perth | $535,000 | $700 | 6.8% |
| 5th | East Perth (6004) | Perth | $570,000 | $720 | 6.6% |
| 6th | Wembley (6014) | Cambridge | $438,000 | $550 | 6.5% |
| 7th | Redcliffe (6104) | Belmont | $479,000 | $600 | 6.5% |
| 8th | Ascot (6104) | Belmont | $555,000 | $690 | 6.5% |
| 9th | West Perth (6005) | Perth | $570,000 | $700 | 6.4% |
| 10th | Kewdale (6105) | Belmont | $515,000 | $630 | 6.4% |
| 11th | Lathlain (6100) | Victoria Park | $505,000 | $610 | 6.3% |
| 12th | Highgate (6003) | Vincent | $540,000 | $650 | 6.3% |
| 13th | Cloverdale (6105) | Belmont | $534,000 | $640 | 6.2% |
| 14th | Beckenham (6107) | Gosnells | $490,000 | $585 | 6.2% |
| 15th | Rivervale (6103) | Belmont | $558,500 | $665 | 6.2% |
| 16th | Success (6164) | Cockburn | $500,000 | $590 | 6.1% |
| 17th | Cannington (6107) | Canning | $540,000 | $630 | 6.1% |
| 18th | Victoria Park (6100) | Victoria Park | $515,000 | $600 | 6.1% |
| 19th | Cockburn Central (6164) | Cockburn | $516,500 | $600 | 6.0% |
| 20th | Wellard (6170) | Kwinana | $475,000 | $550 | 6.0% |
| 21st | Langford (6147) | Gosnells | $520,000 | $600 | 6.0% |
| 22nd | Bayswater (6053) | Bayswater | $507,000 | $580 | 5.9% |
| 23rd | Burswood (6100) | Victoria Park | $659,500 | $750 | 5.9% |
| 24th | Spearwood (6163) | Cockburn | $526,722 | $595 | 5.9% |
| 25th | East Cannington (6107) | Canning | $571,000 | $645 | 5.9% |
Source: Cotality. Data reported to the period ending October 2025. Median values account for sales transactions over 12 months.
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