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 2025
As of January 25, 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) |
$900,000 |
$620 |
3.7% |
|
Units (Brisbane) |
$659,728 |
$600 |
5.0% |
|
Houses (Rest of Queensland) |
$690,000 |
$620 |
4.9% |
|
Units (Rest of Queensland) |
$640,000 |
$560 |
4.7% |
Source: CoreLogic. CoreLogic. Data reported to the period ending January '25. Median values account for sales transactions over three months.
Compared to the other most populous states, Queensland rental yields tend to be pretty strong. In both Brisbane and Regional Queensland, yields are stronger than in New South Wales and Victoria across the board. Western Australia has Queensland covered for yields, while South Australia is an even split - Adelaide houses and regional SA units have slightly higher yields than the Queensland counterparts but Brisbane units and regional Queensland houses beat SA.
Read more: Highest rental yields in Australia
Highest rental yields in Queensland
Collinsville in the Whitsundays had the highest rental yield for houses at 11.7%. For units it was Bucasia in Mackay, with an average rent of 15.2%.
Houses
| Rank | Suburb (Postcode) | LGA | Median Price | Median Rent | Rental Yield |
|---|---|---|---|---|---|
| 1st | Collinsville (4804) | Whitsunday | $169,000 | $380 | 11.7% |
| 2nd | Pioneer (4825) | Mount Isa | $187,500 | $390 | 10.8% |
| 3rd | The Gap (4825) | Mount Isa | $215,000 | $440 | 10.6% |
| 4th | Dysart (4745) | Isaac | $210,000 | $400 | 9.9% |
| 5th | Moura (4718) | Banana | $204,000 | $385 | 9.8% |
| 6th | Parkside (4825) | Mount Isa | $262,500 | $480 | 9.5% |
| 7th | Sunset (4825) | Mount Isa | $256,500 | $465 | 9.4% |
| 8th | Wandoan (4419) | Western Downs | $200,000 | $360 | 9.4% |
| 9th | Menzies (4825) | Mount Isa | $228,500 | $410 | 9.3% |
| 10th | Moranbah (4744) | Isaac | $364,500 | $650 | 9.3% |
| 11th | Happy Valley (4825) | Mount Isa | $273,500 | $485 | 9.2% |
| 12th | Blackwater (4717) | Central Highlands (Qld) | $240,000 | $418 | 9.0% |
| 13th | Charleville (4470) | Murweh | $175,000 | $295 | 8.8% |
| 14th | Townview (4825) | Mount Isa | $267,500 | $440 | 8.6% |
| 15th | Mount Morgan (4714) | Rockhampton | $245,000 | $400 | 8.5% |
| 16th | Healy (4825) | Mount Isa | $370,000 | $600 | 8.4% |
| 17th | Winston (4825) | Mount Isa | $252,000 | $400 | 8.3% |
| 18th | Clermont (4721) | Isaac | $260,000 | $400 | 8.0% |
| 19th | Depot Hill (4700) | Rockhampton | $260,500 | $395 | 7.9% |
| 20th | Charters Towers City (4820) | Charters Towers | $249,000 | $365 | 7.6% |
| 21st | Soldiers Hill (4825) | Mount Isa | $327,500 | $480 | 7.6% |
| 22nd | Cairns City (4870) | Cairns | $430,000 | $630 | 7.6% |
| 23rd | St George (4487) | Balonne | $270,000 | $390 | 7.5% |
| 24th | East Innisfail (4860) | Cassowary Coast | $297,500 | $420 | 7.3% |
| 25th | Longreach (4730) | Longreach | $237,500 | $335 | 7.3% |
Source: CoreLogic. Data reported to the period ending January 2025. Median values account for sales transactions over 12 months.
While you might associate the Whitsunday region with beaches, reefs and islands, Collinsville is about 80 kms inland and sits in the Bowen Basin region of Central Queensland. The Bowen Basin has one of the largest coal deposits in Australia, and Collinsville is pretty close to the Collinsville and Sonoma coal mines.
Mining is pretty prominent throughout this list. The Isaac region, also in the Bowen Basin, features another mining town, while there's also several suburbs from Mount Isa.
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.
Units
| Rank | Suburb (Postcode) | LGA | Median Price | Median Rent | Rental Yield |
|---|---|---|---|---|---|
| 1st | Bucasia (4750) | Mackay | $130,000 | $380 | 15.2% |
| 2nd | Moranbah (4744) | Isaac | $330,000 | $750 | 11.8% |
| 3rd | Brassall (4305) | Ipswich | $205,000 | $450 | 11.4% |
| 4th | Koongal (4701) | Rockhampton | $201,000 | $350 | 9.1% |
| 5th | Cardwell (4849) | Cassowary Coast | $230,000 | $370 | 8.4% |
| 6th | Cranbrook (4814) | Townsville | $238,000 | $380 | 8.3% |
| 7th | Miles (4415) | Western Downs | $222,500 | $353 | 8.2% |
| 8th | Deagon (4017) | Brisbane | $240,000 | $380 | 8.2% |
| 9th | Emerald (4720) | Central Highlands (Qld) | $256,500 | $400 | 8.1% |
| 10th | Edmonton (4869) | Cairns | $279,000 | $430 | 8.0% |
| 11th | Southside (4570) | Gympie | $234,000 | $360 | 8.0% |
| 12th | Manunda (4870) | Cairns | $250,000 | $380 | 7.9% |
| 13th | Jubilee Pocket (4802) | Whitsunday | $342,500 | $500 | 7.6% |
| 14th | Douglas (4814) | Townsville | $317,500 | $460 | 7.5% |
| 15th | Wongaling Beach (4852) | Cassowary Coast | $250,000 | $360 | 7.5% |
| 16th | West Mackay (4740) | Mackay | $340,000 | $480 | 7.3% |
| 17th | Freshwater (4870) | Cairns | $377,000 | $530 | 7.3% |
| 18th | South Gladstone (4680) | Gladstone | $235,000 | $330 | 7.3% |
| 19th | New Auckland (4680) | Gladstone | $261,250 | $365 | 7.3% |
| 20th | Hermit Park (4812) | Townsville | $265,000 | $370 | 7.3% |
| 21st | Chinchilla (4413) | Western Downs | $270,000 | $375 | 7.2% |
| 22nd | Mackay (4740) | Mackay | $330,000 | $450 | 7.1% |
| 23rd | Holloways Beach (4878) | Cairns | $330,200 | $450 | 7.1% |
| 24th | Cannonvale (4802) | Whitsunday | $379,000 | $510 | 7.0% |
| 25th | East Mackay (4740) | Mackay | $320,000 | $430 | 7.0% |
Source: CoreLogic. Data reported to the period ending January 2025. Median values account for sales transactions over 12 months.
The suburb with the highest yields for units was Bucasia in Mackay, with a median price of just $130,000 and a median rent of $380, leaving a huge 15.2% yield. That means Bucasia units have higher average yields than anywhere in Australia.
There's a couple of reasons that could explain this. Firstly, Bucasia is known for growing sugar cane and tropical fruit - agricultural hotspots often have high rental yields with farming workers coming and going, renting but not buying. Bucasia is also a popular holiday spot, so it's likely many of its properties are short term rentals, which may reduce long term rental supply.
Queensland's cities are much 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. Townsville pops up in this list three times, while Brisbane, Mackay, Gladstone, Cairns and Rockhampton all also feature.
Highest rental yields in Brisbane
Russell Island in Redland had the highest average rental yields in the Brisbane statistical division (5.6%). For units, Ipswich's Brassall took top spot at 11.4%.
Houses
| Rank | Suburb (Postcode) | LGA | Median Price | Median Rent | Rental Yield |
|---|---|---|---|---|---|
| 1st | Russell Island (4184) | Redland | $391,000 | $420 | 5.6% |
| 2nd | Macleay Island (4184) | Redland | $452,500 | $450 | 5.2% |
| 3rd | Windaroo (4207) | Logan | $895,000 | $850 | 4.9% |
| 4th | North Booval (4304) | Ipswich | $545,000 | $500 | 4.8% |
| 5th | Basin Pocket (4305) | Ipswich | $526,010 | $480 | 4.7% |
| 6th | Dinmore (4303) | Ipswich | $514,944 | $460 | 4.6% |
| 7th | Tivoli (4305) | Ipswich | $625,000 | $550 | 4.6% |
| 8th | Ellen Grove (4078) | Brisbane | $602,500 | $525 | 4.5% |
| 9th | Mount Warren Park (4207) | Logan | $755,000 | $650 | 4.5% |
| 10th | Brendale (4500) | Moreton Bay | $640,500 | $550 | 4.5% |
| 11th | Yarrabilba (4207) | Logan | $670,000 | $575 | 4.5% |
| 12th | Munruben (4125) | Logan | $1,110,000 | $953 | 4.5% |
| 13th | Churchill (4305) | Ipswich | $575,000 | $490 | 4.4% |
| 14th | East Ipswich (4305) | Ipswich | $593,500 | $500 | 4.4% |
| 15th | Riverview (4303) | Ipswich | $571,000 | $480 | 4.4% |
| 16th | Woodend (4305) | Ipswich | $655,000 | $550 | 4.4% |
| 17th | Leichhardt (4305) | Ipswich | $575,000 | $480 | 4.3% |
| 18th | Richlands (4077) | Brisbane | $755,500 | $630 | 4.3% |
| 19th | Redbank Plains (4301) | Ipswich | $660,000 | $550 | 4.3% |
| 20th | Waterford (4133) | Logan | $720,000 | $600 | 4.3% |
| 21st | Raceview (4305) | Ipswich | $650,000 | $540 | 4.3% |
| 22nd | Holmview (4207) | Logan | $722,500 | $600 | 4.3% |
| 23rd | Bahrs Scrub (4207) | Logan | $786,000 | $650 | 4.3% |
| 24th | Bundamba (4304) | Ipswich | $605,000 | $500 | 4.3% |
| 25th | Silkstone (4304) | Ipswich | $635,000 | $520 | 4.3% |
Source: CoreLogic. Data reported to the period ending January 2025. Median values account for sales transactions over 12 months.
Units
| Rank | Suburb (Postcode) | LGA | Median Price | Median Rent | Rental Yield |
|---|---|---|---|---|---|
| 1st | Brassall (4305) | Ipswich | $205,000 | $450 | 11.4% |
| 2nd | Deagon (4017) | Brisbane | $240,000 | $380 | 8.2% |
| 3rd | South Brisbane (4101) | Brisbane | $615,000 | $750 | 6.3% |
| 4th | Brisbane City (4000) | Brisbane | $600,000 | $725 | 6.3% |
| 5th | Fortitude Valley (4006) | Brisbane | $511,800 | $600 | 6.1% |
| 6th | Spring Hill (4000) | Brisbane | $515,000 | $600 | 6.1% |
| 7th | Bowen Hills (4006) | Brisbane | $523,000 | $600 | 6.0% |
| 8th | Goodna (4300) | Ipswich | $410,000 | $470 | 6.0% |
| 9th | Caboolture (4510) | Moreton Bay | $378,575 | $425 | 5.8% |
| 10th | Algester (4115) | Brisbane | $650,000 | $700 | 5.6% |
| 11th | Newstead (4006) | Brisbane | $700,000 | $750 | 5.6% |
| 12th | Mcdowall (4053) | Brisbane | $672,500 | $720 | 5.6% |
| 13th | Milton (4064) | Brisbane | $612,500 | $650 | 5.5% |
| 14th | Daisy Hill (4127) | Logan | $510,000 | $540 | 5.5% |
| 15th | Birkdale (4159) | Redland | $600,000 | $630 | 5.5% |
| 16th | Woolloongabba (4102) | Brisbane | $650,000 | $680 | 5.4% |
| 17th | Mount Warren Park (4207) | Logan | $412,500 | $430 | 5.4% |
| 18th | Upper Mount Gravatt (4122) | Brisbane | $619,900 | $640 | 5.4% |
| 19th | Lawnton (4501) | Moreton Bay | $515,000 | $530 | 5.4% |
| 20th | Thornlands (4164) | Redland | $610,000 | $625 | 5.3% |
| 21st | Stafford (4053) | Brisbane | $573,000 | $585 | 5.3% |
| 22nd | Waterford (4133) | Logan | $492,500 | $500 | 5.3% |
| 23rd | Hillcrest (4118) | Logan | $503,000 | $510 | 5.3% |
| 24th | Waterford West (4133) | Logan | $424,500 | $430 | 5.3% |
| 25th | Springfield (4300) | Ipswich | $560,000 | $565 | 5.2% |
Source: CoreLogic. Data reported to the period ending January 2025. Median values account for sales transactions over 12 months.
Looking for an investment property? Here are some of the top investment home loans available on the Australian market right now
| Lender | Home Loan | Interest Rate | Comparison Rate* | Monthly Repayment | Repayment type | Rate Type | Offset | Redraw | Ongoing Fees | Upfront Fees | Max LVR | Lump Sum Repayment | Additional Repayments | Split Loan Option | Tags | Row Tags | Features | Link | Compare | Promoted Product | Disclosure |
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5.94% p.a. | 6.28% p.a. | $2,978 | Principal & Interest | Variable | $0 | $530 | 90% |
| Disclosure | ||||||||||||
5.99% p.a. | 6.01% p.a. | $2,995 | Principal & Interest | Variable | $0 | $250 | 60% |
| Promoted | Disclosure | |||||||||||
6.04% p.a. | 5.95% p.a. | $3,011 | Principal & Interest | Variable | $0 | $0 | 80% |
| Promoted | Disclosure | |||||||||||
6.09% p.a. | 6.13% p.a. | $3,027 | Principal & Interest | Variable | $0 | $530 | 90% |
| Promoted | Disclosure | |||||||||||
6.09% p.a. | 6.11% p.a. | $3,027 | Principal & Interest | Variable | $0 | $350 | 60% |
| Disclosure |
First published on April 2024
Picture by David Goulding on Unsplash
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