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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6.19% p.a.
6.58% p.a.
$2,589
Principal & Interest
Variable
$0
$530
90%
 Featured 90% LVR
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6.29% p.a.
6.20% p.a.
$2,473
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Variable
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$0
80%
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  • 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
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Variable
$0
$350
60%
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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

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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