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

Update resultsUpdate
LenderHome LoanInterest 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 TagsRow TagsFeaturesLinkComparePromoted ProductDisclosure
5.94% p.a.
6.28% p.a.
$2,978
Principal & Interest
Variable
$0
$530
90%
  • Investor
  • Variable
  • Principal & Interest
  • 10% Min Deposit
  • Redraw
  • Extra Repayments
  • More details
  • Discounted interest rate for 5 years for homes with an eligible solar system
  • Available for refinance or purchase
  • No monthly, annual or ongoing fees
Disclosure
5.99% p.a.
6.01% p.a.
$2,995
Principal & Interest
Variable
$0
$250
60%
  • Investor
  • Variable
  • Principal & Interest
  • 40% Min Deposit
  • Redraw
  • More details
  • Easy application. Fast approval. No annual fee.
  • Unlimited additional repayments free of charge.
  • Redraw freely - Access your additional payments.
Disclosure
6.04% p.a.
5.95% p.a.
$3,011
Principal & Interest
Variable
$0
$0
80%
  • 100% owned by Commbank
  • Investor
  • Variable
  • Principal & Interest
  • 20% Min Deposit
  • Redraw
  • More details
  • A low-rate variable investment home loan from a 100% online lender.
  • Backed by the Commonwealth Bank.
Disclosure
6.09% p.a.
6.13% p.a.
$3,027
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.
  • Flexibility to split your loan with both fixed and variable rates
Disclosure
6.09% p.a.
6.11% p.a.
$3,027
Principal & Interest
Variable
$0
$350
60%
  • Investor
  • Variable
  • Principal & Interest
  • 40% Min Deposit
  • Redraw
  • More details
  • Check your eligibility in 1 minute
  • Start your home loan journey online, with expert assistance when you need it
Disclosure
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.

Important Information and Comparison Rate Warning

First published on April 2024

Picture by David Goulding on Unsplash





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