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Real Estate Business Awards 2021

The REB Awards is the benchmark of success in the Australian real estate industry. It reflects not only the business astuteness of the country’s leading real estate operators and networks..

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top 10 agents

Alexander Phillips

Top 1

Year of Experience: 21

Support Staff: 3

Residential Property Listings Secured: 241

Total Value of Residential Properties Sold: $ 706,737,500

VIEW COMPLETE REPORT
1/10
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top suburbs

12 month growth
Manyana
70.61%
Tamarama
70.55%
Box Hill
64.95%
Goodwood
64.38%
Bawley Point
63.64%
Lennox Head
62.11%
Casuarina
62.08%
Queenstown
61.31%
Warana
60%
Cooroibah
59.43%
SEE AREA REPORTS ON SMART PROPERTY INVESTMENT WEBSITE
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rpm logo latest

Top rent yielding locations revealed

By Staff Reporter
01 December 2014 | 1 minute read

New figures have disclosed the top 10 highest yielding locations for houses across the country, with six hailing from one state.

CoreLogic RP Data’s November 'Top 10 special edition' focused on rents for houses, using an automated valuation model (AVM) to find the highest yields. 

Resources hot spots dominate, and taking out the top spot was Miles in southern Queensland, reported to have an AVM rental yield of 9.8 per cent. The town, around 340 kilometres west of Brisbane on the Warrego Highway, has a growing prevalence of liquefied natural gas (LNG) projects, according to CoreLogic RP Data. 2011 census data recorded its population as just 1,856.

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Also offering returns of 9.8 per cent is Newman in WA's Pilbara region. Several other towns in the Pilbara appear on the list, including South Hedland, Port Hedland and Baynton. 

After WA, which boasts six of the top 10, Queensland is the closest competitor, with two towns (Miles and Cloncurry), while Tasmania and NSW each make one appearance (Queenstown and Broken Hill).

Full list below.

Top 10 highest yielding locations for houses in Australia ranked by AVM rental yield 

1. Miles, Qld: 9.8%

2. Newman, WA: 9.8%

3. Kambalda East, WA: 8.9%

4. Queenstown, Tas: 8.5%

5. Broken Hill, NSW: 8.5%

6. South Hedland, WA: 8.4%

7. Port Hedland, WA: 8.0%

8. Kambalda West, WA: 8.0%

9. Baynton, WA: 8.0%

10. Cloncurry, Qld: 7.9% 

Source: CoreLogic RP Data

Top rent yielding locations revealed
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Listen to other installment of the Real Estate Business Podcast
top 10 agents

Alexander Phillips

Top 1

Year of Experience: 21

Support Staff: 3

Residential Property Listings Secured: 241

Total Value of Residential Properties Sold: $ 706,737,500

VIEW COMPLETE REPORT
1/10
Do you have an industry update?

top suburbs

12 month growth
Manyana
70.61%
Tamarama
70.55%
Box Hill
64.95%
Goodwood
64.38%
Bawley Point
63.64%
Lennox Head
62.11%
Casuarina
62.08%
Queenstown
61.31%
Warana
60%
Cooroibah
59.43%
SEE AREA REPORTS ON SMART PROPERTY INVESTMENT WEBSITE
Subscribe to Newsletter

Ensure you never miss an issue of the Real Estate Business Bulletin.
Enter your email to receive the latest real estate advice and tools to help you sell.