East coast Australia's top 40 highest rental yield suburbs: From Moranbah to Tregear

East coast Australia's top 40 highest rental yield suburbs: From Moranbah to Tregear
Nicola TrotmanDecember 8, 2020

Moranbah tops the latest list of 40 localities with the highest rental yields for houses, according to information provided by RP Data.

Queensland localities top the list, with 18 suburbs.

New South Wales is second with 17 high rental yield suburbs.

Victoria comes in third place with five localities.

SUBURB

POSTCODE

MEDIAN PRICE

GROSS RENTAL YIELD

Moranbah

4744

$723,950

12.9%

Boggabri

2382

$156,000

11.7%

Blackwater

4717

$414,000

11.3%

Collinsville

4804

$220,000

10.6%

Dimboola

3414

$83,500

10%

Broken Hill

2880

$110,000

9.5%

Condobolin

2877

$131,500

8.3%

Roma

4455

$320,000

8.1%

Townview

4825

$335,000

8.1%

Nhill

3418

$110,000

8%

Batlow

2730

$107,500

7.9%

Clermont

4721

$317,500

7.8%

Sunset

4825

$350,000

7.7%

Depot Hill

4700

$170,000

7.6%

Cobar

2835

$195,000

7.6%

Terang

3264

$155,000

7.5%

Werris Creek

2341

$125,000

7.5%

Charleville

4470

$160,000

7.3%

Mount Morgan

4714

$125,500

7.3%

East Bairnsdale

3875

$178,000

7.3%

Deniliquin

2710

$152,500

7.3%

Windale

2306

$228,750

7.3%

Cloncurry

4824

$252,500

7.2%

Moura

4718

$253,000

7.2%

North Booval

4305

$200,000

7.2%

Sarina Beach

4737

$370,000

7.2%

Cooma

2590

$172,250

7.2%

Merbein

3505

$145,500

7.1%

Narrabri

2390

$263,500

7.1%

South Grafton

2460

$193,500

7.1%

Cardwell

4849

$231,000

7%

Marburg

4346

$237,500

7%

Rockhampton City

4700

$200,000

7%

Winston

4825

$379,000

7%

Blackett

2770

$229,500

7%

Bolton Point

2283

$260,250

7%

North Albury

2640

$185,000

7%

Tolland

2650

$190,000

7%

Willmot

2770

$224,250

7%

Tregear2770$231,5007%

Source RP Data

For more on investing in mining towns like Moranbah and Gladstone, download our free eBook.

Nicola Trotman

With a penchant for the written word, Nicola has built a career doing just this – now Creative Director at thriving Melbourne-based PR agency, Greenpoint Media.

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