Rental riches: Top 10 Aussie yield hotspots revealed

1 week ago 19

With an ever-changing housing market, some of the best places to invest are in places you might not expect.

Property market analyst Hotspotting has uncovered Australia’s top 10 locations for high rental yields, strong growth potential, and affordability with locations spanning across NSW, VIC, QLD, WA and the NT.

Hotspotting Director Terry Ryder said investors are increasingly targeting property markets with strong rental returns alongside long-term growth prospects.

“Among the standout locations in our latest research are Cairns City, offering a 7.7 per cent rental yield for units, and Churchill in Victoria, where houses achieve a 6.5 per cent yield – driven by a thriving economy and affordable prices,” he said.

“Cloverdale in Perth recorded an impressive 7.3 per cent yield for units, buoyed by its strategic location near Perth and major infrastructure developments.”

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Hotspotting founder and property analyst Terry Ryder.


Hotspotting General Manager Tim Graham said the top 10 list offers prime real estate opportunities for investors seeking both cash flow and capital appreciation.

“Other notable locations include units in Darwin City with a 7.5 per cent yield, Mackay City on 7.2 per cent, and Melbourne City, where unit investors are seeing 7.7 per cent returns amid rising demand,” he said.

“Moree in regional NSW leads the ranking with a market-leading 8.3 per cent rental yield for houses, positioning itself as a growing hub for agribusiness and logistics.

“All of these locations have been selected based on a combination of affordability, strong local economies, infrastructure development, and increasing employment prospects.”

Hotspotting national Top 10 positive cash flow hotspots

Cairns City, Queensland (Units)

Median Unit Price: $470,000

12 Month Growth: -10%

Rental Yield: 7.7%

Vacancy Rate: 0.7%

Churchill, Victoria (Houses)

Median House Price: $370,000

12 Month Growth: 6%

Rental Yield: 6.5%

Vacancy Rate: 1.5%

Cloverdale, Western Australia (Units)

Median Unit Price: $490,000

12 Month Growth: 25%

Rental Yield: 7.3%

Vacancy Rate: 2.5%

Darwin City, Northern Territory (Units)

Median Unit Price: $395,000

12 Month Growth: -5%

Rental Yield: 7.5%

Vacancy Rate: 1.0%

Mackay City, Queensland (Units)

Median Unit Price: $345,000

12 Month Growth: 20%

Rental Yield: 7.2%

Vacancy Rate: 1.6%

Melbourne City, Victoria (Units)

Median Unit Price: $440,000

12 Month Growth: -4%

Rental Yield: 7.7%

Vacancy Rate: 2.1%

Moree, New South Wales (Houses)

Median House Price: $282,000

12 Month Growth: -15%

Rental Yield: 8.3%

Vacancy Rate: 1.5%

Notting Hill, Victoria (Units)

Median Unit Price: $350,000

12 Month Growth: -2%

Rental Yield: 7.7%

Vacancy Rate: 1.6%

Red Cliffs, Victoria (Houses)

Median House Price: $420,000

12 Month Growth: 17%

Rental Yield: 6.8%

Vacancy Rate: 2.0%

Zuccoli, Northern Territory (Houses)

Median House Price: $585,000

12 Month Growth: 11%

Rental Yield: 7.1%

Vacancy Rate: 1.0%

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