Melbourne developer Spacious Group has completed Voyage Altona, one of the closest new apartment developments to Altona Beach.

Off the plan purchasers have started moving into the 49-apartment project on Pier Street, with the remaining move-in-ready one-, two- and three-bedroom apartments starting from just over $500,000.

Display apartments have now been fitted out, allowing prospective buyers to inspect the completed residences by appointment.

[smartcode_project:default project_id=112195 project_image_fid=372638]

The completed apartments feature open-plan living and dining areas which extend onto private balconies and terraces, while full-height glazing maximises natural light throughout the interiors.&nbsp;

Hybrid timber-look flooring, stone benchtops, Miele appliances, porcelain-tiled bathrooms and generous storage feature throughout the building which also features landscaped communal areas, expansive shared terraces, lift access and secure on-grade parking.

Drawing inspiration from its bayside setting, Voyage adopts a restrained palette of warm neutral tones and textured finishes. Many of the apartments take advantage of views across Port Phillip Bay, while the indoor-outdoor living spaces have been designed to make the most of the coastal outlook.

[smartcode_project:default project_id=112195 project_image_fid=3286]

Voyage was developed to address what Spacious Group identified as an undersupply of higher-quality apartment product in Altona, with a focus on owner-occupiers looking to remain within the bayside community.

"Voyage responds to very strong local buyer demand for quality, owner-occupier-focused product," says Barry Plant Projects Director Jarrod Farey, who has handled sales since the project's launch.

"The project delivers an elevated lifestyle proposition, with its design and quality of finish far exceeding anything previously produced in the area, as well as its proximity to Pier Street Village and the beach."

The majority of purchasers have been local downsizers and owner-occupiers looking to stay within the Altona community but who previously had limited opportunities to buy a brand-new apartment.

[smartcode_project_cta:default project_id=112195]

Joel Robinson

Spacious Group completes Voyage Altona in Altona's beachside precinct

Homecorp has secured approval for a $360 million apartment development at Budds Beach, paving the way for one of the Gold Coast's most amenity-rich residential projects to launch later this year.

Gold Coast City Council has approved Lýon Residences, a 32-level tower that will deliver 178 two and three-bedroom apartments across a prominent corner site at 8-10 Acacia Avenue and 25-27 Oak Avenue.

The approval comes as developers continue to invest in premium lifestyle-driven apartment projects on the Gold Coast, where owner occupiers are increasingly prioritising amenity as much as apartment size and location.

<a href="https://www.apartments.com.au/new-apartments/l-on-residences-25-27-oak-avenue-surfers-paradise-qld-4217">Lýon Residences</a> has been designed around a resort-style wellness offering, headlined by a Moroccan-inspired spa precinct featuring treatment rooms, a Nordic sauna and steam room, hot and cold plunge pools, a soaking pool and a residents-only juice bar.

The rooftop will include a heated infinity pool and spa, residents' lounge with private kitchen and bar, gymnasium, yoga and Pilates studio, outdoor entertaining areas and barbecue facilities overlooking the Surfers Paradise skyline.

<img alt="Lyon" data-entity-type="file" data-entity-uuid="2d3e29af-8793-486e-a684-52cef862241f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-15%20at%204.32.26%E2%80%AFPM.png?VersionId=ayG2zpLf3SS6Zy8XmKDcQods4kVWb0gm" />

Homecorp Founder and CEO Ron Bakir said Budds Beach provided the ideal location for the company's latest luxury apartment project.

"Budds Beach represents one of the most unique and sought-after pockets of the Gold Coast, and Lýon Residences has been designed to reflect that sense of rarity and refinement," Bakir said.

The project arrives as wellness continues to become a defining feature of new residential developments both in Australia and internationally.

The latest Global Wellness Institute figures show wellness real estate remains the fastest-growing segment of the global wellness economy and is forecast to exceed $1.8 trillion by 2030. Australia continues to rank among the world's 15 largest wellness real estate markets, with developers increasingly integrating health, recreation and community facilities into apartment projects.

Queensland is also experiencing strong population growth, with the Gold Coast continuing to outperform many other Australian cities as demand for new housing remains elevated ahead of the 2032 Olympic and Paralympic Games.

Bakir said the project had been designed to respond to that shift in buyer expectations.

"Strong population growth and sustained demand across the Gold Coast continue to highlight the need for well-designed new housing supply. Lýon Residences responds directly to this demand while setting a new benchmark for residential living," he said.

Each apartment has been designed to maximise views across the coastline, the Nerang River and the Gold Coast hinterland.

Located just minutes from Surfers Paradise beach and the Broadwater, the development also offers easy access to the light rail network, Broadbeach and Burleigh Heads.

Early site works are underway, with construction expected to commence later this year.

Homecorp approved for Budds Beach apartment tower, Lýon Residences

New apartment developments with uninterrupted, north-facing views over Perth's Swan River are exceptionally rare.

Recognising just how limited those opportunities are, <a href="https://www.apartments.com.au/developers/edge-visionary-living">Edge Visionary Living</a>, one of Perth's most respected builder-developers, targeted <a href="https://www.apartments.com.au/developments/applecross-wa-6153">Applecross</a>, assembling an unrepeatable 6,342 sqm riverfront site on the corner of Moreau Mews and Canning Beach Road to create one of Perth's only new north-facing apartment developments directly overlooking the Swan River.

Today, <a href="https://www.apartments.com.au/buildings/riviere-residences-applecross-59-canning-beach-road-applecross-wa-6153">Rivière Residences</a> offers buyers a unique opportunity to choose between completed residences ready to move into now and off-the-plan homes in the final stage, Rivière West.

[smartcode_project:default project_id=28384 project_image_fid=3823]

Across the completed East and Central buildings, residents are already enjoying the development's luxury amenity, while two of the precinct's hospitality venues are now open.

The completed component of the development gives buyers the advantage of experiencing the finished product firsthand, including its uninterrupted river views, while still having the opportunity to secure a residence in the final stage.

"People are wowed by the view and the quality of the apartments,"&nbsp;Edge Visionary Living Sales Executive, Holly McSweeney, says.

"They're looking for the convenience of lock-and-leave living, but they're not looking to downsize on quality."

[smartcode_project:default project_id=28384 project_image_fid=3826]

The rarity of the development hasn't been lost on prospective buyers, McSweeney says.

For McSweeney, it all comes back to a location that is becoming increasingly difficult to replicate.

"Location, location, location," she says. "We are nestled right on the front of the Swan River. You can never get built out, so wherever you are in Rivière Residences, you've got views of the river forever."

The unique waterfront position has resonated particularly strongly with local downsizers. McSweeney says many buyers are long-time Applecross residents looking to transition from large family homes into a luxury apartment without sacrificing space, quality or the lifestyle they've enjoyed for decades.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/N_FowNW0wu8?si=vb25XFq1wZ-iufAW" title="YouTube video player" width="560"></iframe>

A major focus for Edge in recent years has been resident amenity. Across its apartment portfolio, from beachfront developments in Scarborough to luxury towers in South Perth, the developer has increasingly invested in the spaces beyond the apartment itself.

The strategy has largely been shaped by downsizer demand. Many buyers are moving from large family homes with swimming pools and established gardens. While they're looking to leave the maintenance behind, they don't want to compromise on lifestyle.

At Rivière, <a href="https://www.apartments.com.au/architects/hillam-architects">Hillam Architects</a> designed the resident facilities as an extension of each apartment. A 25-metre heated swimming pool takes advantage of the north-facing river outlook, complemented by a large gym, sauna and steam rooms, private dining spaces, residents' lounges, a cinema, games room, and dedicated wine and whisky rooms.

[smartcode_project:default project_id=28384 project_image_fid=372542]

The waterfront location has also proved to be a major drawcard. Residents are within walking distance of the Raffles Hotel, South of Perth Yacht Club, the Heathcote Cultural Precinct and the cafés, restaurants and boutiques along Ardross Street.

Beyond the location and amenity, McSweeney says many buyers take confidence from Edge's fully integrated development model.

Having delivered apartments across Perth for decades, Edge now designs, develops and constructs its projects in-house, giving the company greater control over quality, delivery and the finished product.

"What I love is when people walk through their apartment for the first time and say, 'This is better than what we imagined,'" McSweeney says. "We hear that all the time."

Completed apartments in the East and Central buildings are now available to inspect by appointment, while Rivière West, the final stage of the precinct, is expected to be completed in the first quarter of 2027.

[smartcode_project_cta:default project_id=28384]

North-facing Swan River views drive demand at Rivière Residences in Applecross

Nearly 60 per cent of apartments at McNab Group's $220 million The Tannery development in Brisbane's West End have sold ahead of the project's public launch, including a suburb-record $2.57 million sale for a two-bedroom apartment.

The early sales campaign has secured buyers for 50 of the project's 87 apartments, highlighting continued demand for larger owner-occupier apartments that combine generous floorplans with premium lifestyle amenities in one of Brisbane's most tightly held inner-city suburbs.

[smartcode_project:default project_id=143337 project_image_fid=374768]

McNab Group Executive Chairman Michael McNab said selling more than half the project before launch reflected changing buyer expectations.

"Selling more than half the project before public sales open tells us buyers are actively seeking apartments that offer something genuinely different," McNab said.

"Today's buyers are looking beyond four walls. They want homes that genuinely enhance the way they live, with spaces that support health, connection and everyday wellbeing."

[smartcode_project:default project_id=143337 project_image_fid=374767]

A key point of difference for the project is the adaptive reuse of the heritage-listed Dixon's Tannery building, which will become The Retreat, a residents-only wellness precinct rather than being redeveloped into additional apartments.

The Retreat will feature a sauna and steam room, hot and cold plunge pools, a commercial-grade gym, Pilates studio, cinema, library, co-working spaces and private dining room. Rooftop amenities will include a swimming pool, landscaped gardens, outdoor entertaining areas and dog-friendly spaces.

[smartcode_project:default project_id=143337 project_image_fid=374760]

Designed by Cottee Parker Architects with interiors by Tom Mark Henry and landscape architecture by Aspect Studios, The Tannery comprises 87 two, three and four-bedroom apartments across 11 levels overlooking the Brisbane River.

Cottee Parker principal Dee Passenger said preserving the original tannery building had been central to the project's design.

"The easy option would have been to maximise the site's development potential with additional apartments. Instead, McNab has chosen to preserve the original tannery as a shared wellness retreat, ensuring this important piece of Brisbane's history remains at the heart of the community."

Passenger said sustainability also played a key role in the design, with materials from the original industrial site salvaged and repurposed throughout the development.

[smartcode_project:default project_id=143337 project_image_fid=374761]

Motiv CEO Carly Cottam said buyers had responded strongly to the combination of larger apartments, wellness facilities and the West End lifestyle.

"We are seeing more buyers looking for homes in the sky that provide the space and functionality of a traditional home, while benefiting from the convenience and lifestyle that apartment living brings," Cottam said.

She said purchasers included both owner occupiers and investors, with demand coming from local buyers as well as interstate purchasers.

Coinciding with the public launch, McNab also announced a partnership with Queensland Ballet, whose neighbouring Thomas Dixon Centre shares historical ties with the original Dixon family.

Located on a 4,465 sqm site at 439 Montague Road, The Tannery overlooks the Brisbane River and is around 10 minutes from the CBD.

Construction is underway, with completion expected in the second half of 2027.

[smartcode_project_cta:default project_id=143337]

More than half of residences sold before public sales as McNab announces significant partnership with Queensland Ballet

McNab's The Tannery nears 60 per cent sold before public release, sets two-bedroom West End record

Iwan Sunito's vision for a landmark mixed-use precinct in Sydney's Inner West has taken a major step forward, with approval granted for the $1.9 billion Five Dock development first unveiled earlier this year.

The approved scheme by <a href="https://www.apartments.com.au/developers/one-global-capital">One Global Capital</a> will deliver an 80,500 sqm mixed-use precinct comprising 840 apartments, integrated hotel accommodation, commercial and retail space, alongside publicly accessible open space designed to create a new destination for the growing suburb.

"This is a significant milestone for One Global Capital and for the future of housing delivery in Sydney," Sunito said.

"The Housing Delivery Authority was established to identify major housing projects capable of delivering meaningful supply more efficiently, and we are delighted that Spencer Street has been recognised as one of those projects.”

He said the declaration reflected the rapid progress achieved since acquiring control of the site.

"In less than seven months we have progressed from taking control of the site to securing entry into one of the NSW Government's most important planning pathways. It reflects the experience of our team, the strength of our consultant group led by Urbis, and our long-term commitment to delivering transformational projects that contribute to Sydney's future."

When the project was revealed earlier this year, Sunito described the opportunity as one of the strongest development sites he had worked on.

"I probably hadn't appreciated the uniqueness of the site until more recently when putting together the concept plans," Sunito said.

"The proximity to the water, and the golf course opposite, is unlike any other part of Parramatta Road. We have a unique position and view corridors over the water that makes this one of the best sites I've worked on."

The development has evolved since its initial announcement, with the approved plans increasing the residential component from the originally proposed 750 apartments to 840 homes while retaining the project's focus on creating an integrated neighbourhood rather than a standalone residential development.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/a-city-within-a-city-iwan-sunito-flags-1-5-billion-mixed-use-precinct-in-five-dock">"A city within a city": Iwan Sunito flags $1.5 billion mixed-use precinct in Five Dock</a>

The precinct will combine apartments with hotel accommodation, commercial workplaces, retail offerings and public spaces, creating a mixed-use environment intended to serve both residents and the broader Five Dock community. The proposal also continues the collaboration between One Global Capital and internationally recognised architect <a href="https://www.apartments.com.au/architects/koichi-takada-architects">Koichi Takada</a>, whose previous work with Sunito includes Infinity, Arc and Skye North Sydney.

Takada previously said the design was driven by a philosophy of integrating nature into the built environment.

"The concept for this development is born from our design approach to naturalising architecture," Takada said.

"The public realm benefits from biophilic design that integrates generous landscaping, and the development is optimised for natural daylight, airflow and water views to foster wellbeing, sustainability and spaces that foster community interaction."

Sunito has consistently described the project as a "city within a city", with a strong emphasis on creating a destination that extends beyond housing.

"We want to create a development that's not only to be seen, but to be experienced by the whole local community," he said.

The approval comes as Five Dock continues its transformation ahead of the opening of the Sydney Metro West line, with the new Five Dock station set to significantly improve connections between the Inner West, Parramatta and the Sydney CBD.&nbsp;

The precinct will also benefit from its proximity to the Parramatta Road corridor, nearby waterfront parklands and established retail and dining offerings that have made Five Dock one of Sydney's most tightly held Inner West suburbs.

Iwan Sunito secures approval for $1.9 billion Five Dock mixed-use precinct

Rental Yield

<html><body>
CoreLogic RP Data has released a list of the top 10 rental yield suburbs, for houses, across the country.
Dominated by Western Australia, with six results, Queensland’s Miles and Western Australia’s Newman both achieved the top result at 9.8%.
Queensland had two suburbs make the top 10, while New South Wales and Tasmania achieved one result each.
Here’s CoreLogic RP Data’s top 10.
<ol>
<li>
<a href="/news">Miles</a>, Dalby, Darling Downs, Queensland 9.8% 
</li>
<li>
<a href="/news">Newman</a>, East Pilbara, Pilbara, Western Australia 9.8% 
</li>
<li>
<a href="/news">Kambalda East</a>, Coolgardie, South Eastern, Western Australia 8.9% 
</li>
<li>
<a href="/news">Queenstown</a>, West Coast, Mersey-Lyell, Tasmania 8.5% 
</li>
<li>
<a href="/news">Broken Hill</a>, Unincorporated New South Wales, Far West, New South Wales 8.5% 
</li>
<li>
<a href="/news">South Hedland</a>, Port Hedland, Pilbara, Western Australia 8.4% 
</li>
<li>
<a href="/news">Port Hedland</a>, Port Hedland, Pilbara, Western Australia 8.0% 
</li>
<li>
<a href="/news">Kambalda West</a>, Coolgardie, South Eastern, Western Australia 8.0% 
</li>
<li>
<a href="/news">Baynton</a>, Roebourne, Pilbara, Western Australia 8.0% 
</li>
<li>
<a href="/news">Cloncurry</a>, Cloncurry, North West, Queensland 7.0%</li>
</ol>
Source: CoreLogic RP Data.
</body></html>

jduke-EHk3XBmHkn

Australia’s top 10 highest yielding house suburbs: CoreLogic

<html><body>
Some would assume that a mining town may top the lists of high yielding areas. However, this isn't always the case.
Miles, at 11.17% return, is the highest yielding area in Queensland and is a mining town.
However, offering a 10.35% gross rental yield, according to RP Data, with a median house price of $106,000 and weekly median advertised rent of $210, Mount Morgan is Queensland’s second highest yielding area for houses. In fact, with Miles, it’s the strongest yielding by far for Queensland’s house statistics – followed by 8.79% for Charleville, another remarkably low-priced location.
A double figure rental yield on a low price point undoubtedly makes many investors’ ears prick up, as does its 0.8% vacancy rate, according to SQM Research.
But why does Mount Morgan seem to offer such strong returns? And should you be rushing to put it on your cash flow radar?
The tiny town in central Queensland is approximately 40 kilometres south of Rockhampton with 2,115 people at the 2011 Census, and 1,078 private dwellings.
In the 1800s it was a gold mining town, but today the regional area is a little different.
The employment base is split; 18.7% are labourers; 17.2% community and personal service workers; 15.2% technicians and trades workers; 12.1% machinery operators and drivers; and 10.7% clerical and administrative workers. The rest of the town’s workforce includes managers, professionals and sales workers.
There is a 14% unemployment rate and 53.7% of residents work full-time.
The median age is 46 years and there are higher numbers of those in the older age brackets.
There is an interesting mix of properties currently on the market.
A house at 3 Little James Street is currently on the market for $135,000. The three bedroom, one bathroom home rents at $170 per week, or around 6.55% yield. To get to our headlining figure, rent would need to be almost $100 more per week.
Another is on the market at $155,000, rented at $175 per week, and has been advertised as rented “lower than market value”.
The highest price opportunity is $749,000 49 James Street (pictured above). For the price of a house somewhere in Brisbane’s inner suburbs, you can buy eight strata titled units.
It’s advertised offering $61,000 return per annum. That’s a substantial return – grossing 8.14% according to our calculations – but still not quite at the 10% plus noted.
Properties can be as cheap as a $60,000 doer-upper at 90 Darcy Street. Blocks of vacant land are available, though not particularly helpful in calculating rental yields.
Looking at sales over the past six months, many have fallen under the $150,000 bracket, including around the $50,000 mark. These sales regularly include “detonators” – homes that need to be knocked down and rebuilt, or completely remodelled, to be habitable. This suggests that while the sales would have been recorded as figures for houses, they were actually recording cut-price homes wanted for their land component only. Unsurprisingly, this can be expected to skew the median price south.
One property’s historical listings details note that while there is a house-like shack on the property, it was sold for “land price only”.
Perhaps this is why the rental yield is recorded so high.
This seems to be backed up when looking at rental listings, which show strong rent prices achievable on well-priced properties, like the three bedroom, one bathroom home on a quarter acre block on 25 Gordon Street. It’s asking $275 per week.
However, while this home is achieving more than the area’s suggested indicative rent, it also sold for more. Last year in September, it transacted for $205,000. This puts the rental yield at 6.98%, if this rent is achieved - not a figure to be sniffed at, but not quite our headlining figure.
Strong yields are available in Mount Morgan, usually around the 6% to 7% mark, but getting to double figures remains elusive.
Tomorrow, we'll look closely at our number one suburb, the mining town of Miles to find out whether being in a strong resources town can actually produce double figure rental yields.
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Can you really get a double-digit rental return in Queensland's Mount Morgan?

<html><body>
An interesting picture emerges from the list of top yielding suburbs across Western Australia and Queensland.
With a total of 33 suburbs at 7.00% or above, or 17 in Queensland and 16 in Western Australia according to RP Data, Property Observer decided to look at which areas are influenced by mining.
Using a combination of 2011 Census Data employment statistics, and local government details to notify when a mine is nearby, each town in the list below has been tagged with ‘resources influence’ if mining or associated industries affect the area in a significant way. That’s not to say, of course, that mining is the only driver in some of these towns, nor that those without this tag have not been affected at all by the mining boom.
In total, 23 of the locations on our list were given a ‘resources influence’ tag. Their rental yields range from 11.7% to 7.00%.
Interestingly, some of the much discussed and atypical mining towns did not make the top yielding house list. Moranbah’s average gross rental yield for a house sits at 6.30%. However, when yields for units area strong 8.32%.
23 suburbs emerge with unit yields recorded at or above 7.00%, some doubling up on the list below. For instance, South Hedland units recorded 7.77% average gross rental yield.
One mining area that also managed to get onto the unit list was Queensland’s North Mackay, with units offering a 7.25% yield. Western Australia’s Kalgoorlie also made the list, offering 7.00%.
With mining town rental yields in the past pushing into low double figures, it's interesting to note that just two of those on this list surpassed the 10% mark. When looking at units just one suburb managed to attain this same strength, with the Sunshine Coast's Peregian Springs boasting a 10.53% gross rental yield.
Click over the page to see the full list of suburbs.
<hr class="system-pagebreak">
These statistics are based on the latest available house information from RP Data:
<ul>
<li><a href="/news">Miles</a>, Qld</li>
</ul>
11.7%
Resources influence
<ul>
<li><a href="/news">Mount Morgan</a>, Qld</li>
</ul>
10.35%
Resources influence
<ul>
<li><a href="/news">Kambalda West</a>, WA</li>
</ul>
9.84%
Resources influence
<ul>
<li><a href="/news">Port Hedland</a>, WA</li>
</ul>
9.00%
Resources influence
<ul>
<li><a href="/news">South Hedland</a>, WA</li>
</ul>
8.89%
Resources influence
<ul>
<li><a href="/news">Charleville</a>, Qld</li>
</ul>
8.79%
<ul>
<li><a href="/news">Dysart</a>, Qld</li>
</ul>
8.67%
Resources influence
<ul>
<li><a href="/news">Cloncurry</a>, Qld</li>
</ul>
8.45%
<ul>
<li><a href="/news">Nickol</a>, WA</li>
</ul>
8.40%
Resources influence
<ul>
<li><a href="/news">Newman</a>, WA</li>
</ul>
8.32%
Resources influence
<ul>
<li><a href="/news">Depot Hill</a>, Qld</li>
</ul>
8.25%
<ul>
<li><a href="/news">Soldiers Hill</a>, Qld</li>
</ul>
8.14%
Resources influence
<ul>
<li><a href="/news">Clermont</a>, Qld</li>
</ul>
8.13%
Resources influence
<ul>
<li><a href="/news">Yarloop</a>, WA</li>
</ul>
8.13%
<ul>
<li><a href="/news">South Boulder</a>, WA</li>
</ul>
8.03%
Resources influence
<ul>
<li><a href="/news">Pegs Creek</a>, WA</li>
</ul>
8.00%
Resources influence
<ul>
<li><a href="/news">Sunset</a>, Qld</li>
</ul>
7.73%
Resources influence
<ul>
<li><a href="/news">Mornington</a>, Qld</li>
</ul>
7.72%
Resources influence
<ul>
<li><a href="/news">Baynton</a>, WA</li>
</ul>
7.70%
Resources influence
<ul>
<li><a href="/news">Coolgardie</a>, WA</li>
</ul>
7.65%
Resources influence
<ul>
<li><a href="/news">Dinmore</a>, Qld</li>
</ul>
7.58%
<ul>
<li><a href="/news">Victory Heights</a>, WA</li>
</ul>
7.55%
<ul>
<li><a href="/news">Kambalda East</a>, WA</li>
</ul>
7.48%
Resources influence
<ul>
<li><a href="/news">Parkside</a>, Qld</li>
</ul>
7.31%
Resources influence
<ul>
<li><a href="/news">Healy</a>, Qld</li>
</ul>
7.23%
Resources influence
<ul>
<li><a href="/news">Jandowae</a>, Qld</li>
</ul>
7.21%
<ul>
<li><a href="/news">Derby</a>, WA</li>
</ul>
7.18%
Resources influence
<ul>
<li><a href="/news">Murgon</a>, Qld</li>
</ul>
7.17%
<ul>
<li><a href="/news">Roma</a>, Qld</li>
</ul>
7.09%
Resources influence
<ul>
<li><a href="/news">Bulgarra</a>, WA</li>
</ul>
7.06%
Resources influence
<ul>
<li><a href="/news">Bundaberg South</a>, Qld</li>
</ul>
7.03%
<a href="/news">Narrogin</a>, WA
7.02
<ul>
<li><a href="/news">Brockman</a>, WA</li>
</ul>
7.00%
Resources influence
</body></html>

Mining a clear winner for top yielding Queensland, Western Australia areas

<html><body>
Darwin investors are earning higher rental yields than landlords in any other Australian capital city, according to RP Data.
The Northern Territory city stands apart from most other capitals, where home values have outperformed rental growth, says RP Data head of research Tim Lawless.
"With rents being substantially outpaced by dwelling values, the rental yield scenario is slimmest Melbourne where the typical house is achieving gross yield of just 3.3% while Sydney's average yields aren't a great deal higher at 3.7%," Lawless says.
"Darwin and Hobart are showing a much healthier yield profile with the typical dwelling providing gross yield of 5.4% and 5.9% respectively."
House rental yields by capital city:
<ol>
<li>Darwin: 5.9% Median price: $570,000 
</li>
<li>Hobart: 5.4% Median price: $330,000 
</li>
<li>Brisbane: 4.5% Median price: $470,000 
</li>
<li>Canberra: 4.2% Median price: $566,000 
</li>
<li>Adelaide: 4.2% Median price: $415,000 
</li>
<li>Perth: 4.1% Median price: $540,000 
</li>
<li>Sydney: 3.6% Median price: $792,000 
</li>
<li>Melbourne: 3.2% Median price: $615,000</li>
</ol>
Rental yields for units are on the next page. Please click below. 
<hr class="system-pagebreak">
Unit rental yields by capital city:
<ol>
<li>Darwin: 6.0% Median price: $536,200 
</li>
<li>Hobart: 5.4% Median price: $250,000 
</li>
<li>Brisbane: 5.4% Median price: $380,000 
</li>
<li>Canberra: 4.9% Median price: $398,500 
</li>
<li>Adelaide: 4.7% Median price: $333,000 
</li>
<li>Perth: 4.7% Median price: $450,000 
</li>
<li>Sydney: 4.5% Median price: $590,000 
</li>
<li>Melbourne: 4.1% Median price: $472,000</li>
</ol>
</body></html>

jrichardson-uRX5hFdKfN

Which capital cities have the highest (and lowest) rental yields?

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The ACT’s suburb rental yields for apartments range from as low as Deakin’s 2.75%, but where are the best performing?
Here are the top 10 gross rental yields, as recorded by RP Data, for unit suburbs across the ACT.
<a href="/news"><img src="/images/2014/07/04/yellow-one.jpg" alt="">Scullin</a>
<ul>
<li>Gross rental yield: 7.13%</li>
<li>Median price: $270,000</li>
</ul>
<a href="/news"><img src="/images/2014/07/04/yellow-two.jpg" width="32" height="31">Franklin</a>
<ul>
<li>Gross rental yield: 6.34%</li>
<li>Median price: $308,000</li>
</ul>
<a href="/news"><img src="/images/2014/07/04/yellow-three.jpg" width="31" height="32">City</a>
<ul>
<li>Gross rental yield: 6.08%</li>
<li>Median price: $428,000</li>
</ul>
<a href="/news"><img src="/images/2014/07/04/yellow-four.jpg" width="32" height="32">Curtin</a>
<ol>
<li>Gross rental yield: 5.88%</li>
<li>Median price: $292,000</li>
</ol>
<a href="/news"><img src="/images/2014/07/04/yellow-five.jpg" width="31" height="31">Ngunnawal</a>
<ul>
<li>Gross rental yield: 5.79%</li>
<li>Median price: $350,000</li>
</ul>
<a href="/news"><img src="/images/2014/07/04/yellow-six.jpg" width="34" height="33">Melba</a>
<ul>
<li>Gross rental yield: 5.67%</li>
<li>Median price: $330,000</li>
</ul>
<a href="/news"><img src="/images/2014/07/04/yellow-seven.jpg" width="32" height="32">Theodore</a>
<ul>
<li>Gross rental yield: 5.57%</li>
<li>Median price: $362,000</li>
</ul>
<a href="/news"><img src="/images/2014/07/04/yellow-eight.jpg" width="31" height="30">Banks</a>
<ul>
<li>Gross rental yield: 5.55%</li>
<li>Median price: $375,000</li>
</ul>
<a href="/news"><img src="/images/2014/07/04/yellow-nine.jpg" width="33" height="31">Isabella Plains</a>
<ul>
<li>Gross rental yield: 5.48%</li>
<li>Median price: $375,000</li>
</ul>
<a href="/news"><img src="/images/2014/07/04/yellow-ten.jpg" width="32" height="31">Florey</a>
<ul>
<li>Gross rental yield: 5.47%</li>
<li>Median price: $380,000</li>
</ul>
<a href="/news"><img src="/images/2014/07/04/yellow-ten.jpg" width="32" height="31">Page</a>
<ul>
<li>Gross rental yield: 5.47%</li>
<li>Median price: $380,000</li>
</ul>
</body></html>

The ACT's top 10 yielding unit suburbs

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With confidence growing up north, it’s unsurprising that investors are looking towards Queensland.
Queensland has hit investors’ radars, particularly so now that <a href="/expert-insights/buying/the-factors-that-could-trigger-sydney-and-melbourne-s-price-growth-slowdown-rp-data">debate is out on whether Sydney and Melbourne’s growth will be sustained</a> and yields are softening as a result of strong price growth.
Property Observer looked to RP Data’s latest rental yield statistics for houses to find the 18 suburbs recording 7% and above gross rental yields, and the suburbs’ median prices.
If you’re looking for <a href="/news/qld/queensland-s-highest-yielding-apartment-suburbs">Queensland’s highest yielding unit suburbs, you can see our most recent round up here</a>.
Queensland's highest yielding house suburbs
<ul>
<li><a href="/news">Miles</a></li>
</ul>
Rental yield: 10.06%
Median price: $388,000
<ul>
<li><a href="/news">Depot Hill</a></li>
</ul>
Rental yield: 8.79%
Median price: $160,000
<ul>
<li><a href="/news">Mount Morgan</a></li>
</ul>
Rental yield: 8.53%
Median price: $131,000
<ul>
<li><a href="/news">Charleville</a></li>
</ul>
Rental yield: 8.39%
Median price: $143,000
<ul>
<li><a href="/news">Dysart</a></li>
</ul>
Rental yield: 8.33%
Median price: $156,000
<ul>
<li><a href="/news">Cloncurry</a></li>
</ul>
Rental yield: 8.13%
Median price: $275,000
<ul>
<li><a href="/news">Clermont</a></li>
</ul>
Rental yield: 8.06%
Median price: $250,000
<ul>
<li><a href="/news">Parkside</a></li>
</ul>
Rental yield: 7.74%
Median price: $336,000
<ul>
<li><a href="/news">Dinmore</a></li>
</ul>
Rental yield: 7.66%
Median price: $180,000
See over page for the final nine suburbs, including Bundaberg South and Mornington
<hr class="system-pagebreak">
<ul>
<li><a href="/news">Soldiers Hill</a></li>
</ul>
Rental yield: 7.60%
Median price: $363,000
<ul>
<li><a href="/news">Killarney</a></li>
</ul>
Rental yield: 7.13%
Median price: $175,000
<ul>
<li><a href="/news">Sunset</a></li>
</ul>
Rental yield: 7.12%
Median price: $365,000
<ul>
<li><a href="/news">Roma</a></li>
</ul>
Rental yield: 7.12%
Median price: $329,000
<ul>
<li><a href="/news">Mornington</a></li>
</ul>
Rental yield: 7.12%
Median price: $365,000
<ul>
<li><a href="/news">Jandowae</a></li>
</ul>
Rental yield: 7.11%
Median price: $161,000
<ul>
<li><a href="/news">Bundaberg South</a></li>
</ul>
Rental yield: 7.10%
Median price: $205,000
<ul>
<li><a href="/news">Hope Island</a></li>
</ul>
Rental yield: 7.04%
Median price: $170,000
<ul>
<li><a href="/news">Healy</a></li>
</ul>
Rental yield: 7.00%
Median price: $420,000
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Queensland’s top yielding suburbs for houses: How much will it cost to buy?

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With yields dropping across Sydney and Melbourne due to the recent rise in prices, it comes as little surprise that those who chase strong cash flow may be considering other areas.
In fact, RP Data recently suggested that investors look to the “smaller” capital cities for future growth and sustainable yields as well, meaning that investors may just be right to look interstate.
Property Observer looked at RP Data’s latest statistics to find suburbs across Queensland with strong gross yields – considering anything at 7% and above. This returned 28 suburbs, from a flat 7% to 10.99%.
Some of the areas are mining oriented, while some are small regional towns and many come with a substantial degree of risk (Moranbah, for instance, is an area that <a href="/expert-insights/buying/busted-suburb-again-labeled-hotspot-the-moranbah-debate">regularly gets labelled a hotspot but has suffered a huge downturn</a>). Gladstone also makes the list, and has been under <a href="/news/qld/the-worst-is-yet-to-come-for-gladstone">Terry Ryder's microscope in August, where he said the worst is yet to come</a>.
Investors are encouraged to do their due diligence. We have listed the high yielding suburbs below, with their median prices.
Suburbs in and around Brisbane:
 <img src="/images/2014/09/04/brisbane%20sept%204%20one.jpg" alt="">
Source: Google Maps 2014
Suburbs in and around Cairns:
 <img src="/images/2014/09/04/cairns-sept-4-two.jpg" alt="">
Source: Google Maps 2014
Here are the top yielding suburbs: 
<ul>
<li><a href="/news">Booval</a></li>
</ul>
7%
$186,000
<ul>
<li><a href="/news">Coral Cove</a></li>
</ul>
7%
$260,000
<ul>
<li><a href="/news">Molendinar</a></li>
</ul>
7.08%
$272,000
<ul>
<li>Gladstone City</li>
</ul>
7.11%
$307,000
<ul>
<li><a href="/news">Jacobs Well</a></li>
</ul>
7.12%
$475,000
<ul>
<li><a href="/news">Edmonton</a></li>
</ul>
7.15%
$160,000
<ul>
<li><a href="/news">North Mackay</a></li>
</ul>
7.15%
<ul>
<li><a href="/news">Mooroobool</a></li>
</ul>
7.17%
$181,000
<ul>
<li><a href="/news">Brookwater</a></li>
</ul>
7.28%
$375,000
<ul>
<li><a href="/news">Chinchilla</a></li>
</ul>
7.28%
$357,000
<ul>
<li><a href="/news">Edens Landing</a></li>
</ul>
7.28%
$200,000
<ul>
<li><a href="/news">Edge Hill</a></li>
</ul>
7.29%
$164,000
<ul>
<li><a href="/news">Hermit Park</a></li>
</ul>
7.29%
$189,000
<ul>
<li><a href="/news">Mackay Harbour</a></li>
</ul>
7.42%
$498,000
<ul>
<li><a href="/news">Cairns North</a></li>
</ul>
7.5%
$215,000
<ul>
<li><a href="/news">Holloways Beach</a></li>
</ul>
7.56%
$172,000
<ul>
<li><a href="/news">Manunda</a></li>
</ul>
7.66%
$146,000
<ul>
<li><a href="/news">Slacks Creek</a></li>
</ul>
7.75%
$191,000
<ul>
<li><a href="/news">Beenleigh</a></li>
</ul>
7.87%
$175,000
<ul>
<li><a href="/news">Kingston</a></li>
</ul>
8.11%
$212,000
<ul>
<li><a href="/news">Hillcrest</a></li>
</ul>
8.12%
$218,000
<ul>
<li><a href="/news">Logan Central</a></li>
</ul>
8.14%
$166,000
<ul>
<li><a href="/news">Manoora</a></li>
</ul>
8.31%
$144,000
<ul>
<li><a href="/news">Garbutt</a></li>
</ul>
8.46%
$185,000
<ul>
<li><a href="/news">Bungalow</a></li>
</ul>
8.71%
$131,000
<ul>
<li><a href="/news">Moranbah</a></li>
</ul>
9.53%
$255,000
<ul>
<li><a href="/news">Peregian Springs</a></li>
</ul>
10.78%
$240,000
<ul>
<li><a href="/news">Smithfield</a></li>
</ul>
10.99%
$144,000
</body></html>

Queensland’s highest yielding apartment suburbs

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Sydney’s house prices are rising so much that yields will soon fall below those in Melbourne, according to RP Data’s latest statistics.
With 16.2% growth recorded for Sydney over the past 12 months, of which 1.8% was seen over the past month pushing it to 5% over the quarter, the RP Data Core Logic Home Value Index for August notes that Sydney’s yields are falling proportionately.
RP Data’s research director Tim Lawless said that given the rate of value growth and moderate rental growth, it won’t be long until the yields are below Melbourne’s.
“Over the past year we have seen Sydney’s gross rental yields fall from by 47 basis points, from 4.1% to 3.6%,” said Lawless.
“With yields so low in the cities where values are seeing the largest capital gains, it is clear that investors remain very much focussed on value growth rather than yield,” he said.
Sydney’s house yields are currently recorded at 3.6%, with units at 4.5%. Meanwhile, Melbourne houses were recorded at 3.2% and units at 4.2% representing a subtler drop and some 0.4% and 0.3% difference to Sydney respectively.
</body></html>

Sydney's 16.2% year on year growth straining yields: RP Data

<html><body>
Which capital cities across Australia offer the best gross rental yields for houses and units?
The latest RP Data Core Logic Home Value Index has revealed that while yields are tracking down in the majority of areas, there are still some good opportunities for investors willing to look further afield than Sydney and Melbourne.
HOUSES
<ol>
<li>
Darwin - 5.9%
</li>
<li>
Hobart - 5.2%
</li>
<li>
Brisbane - 4.5%
</li>
<li>
Adelaide - 4.2%
</li>
<li>
Perth - 4.1%
</li>
<li>
Canberra - 4.1%
</li>
<li>
Sydney - 3.6%
</li>
<li>
Melbourne - 3.2%
</li>
</ol>
See over page for each state and territory’s gross rental yields for units
<hr class="system-pagebreak">
UNITS
<ol>
<li>
Darwin - 5.8%
</li>
<li>
Brisbane - 5.4%
</li>
<li>
Hobart - 5.2%
</li>
<li>
Canberra - 5.0%
</li>
<li>
Adelaide - 4.8%
</li>
<li>
Perth - 4.6%
</li>
<li>
Sydney - 4.5%
</li>
<li>
Melbourne - 4.2%
</li>
</ol>
</body></html>

Which capital city offers the best rental yield? RP Data’s state by state round up

<html><body>
Rental yields are an important aspect to the investment equation.
While some investors are strict ‘yield chasers’ and others consider it the cherry on top of their capital gain, it’s worth remembering that yield does affect holding cost.
The yield is affected by many things and it’s crucial to be aware of what it is recording before diving in. Here’s a quick refresher on <a href="/expert-insights/your-weekly-how-to-calculating-rental-yield">what the rental yield is</a>, and <a href="/expert-insights/how-to-use-the-rental-yield-statistic">how to use it</a>.
If you think your current property could do with a boost – here are <a href="/expert-insights/investing/how-to-boost-your-rental-yield">some ways to up this figure</a>.
The following statistics were taken from the most recently available RP Data information.
For this article, we’re focusing on the lowest yielding suburbs based on house data for New South Wales.
THE LOWEST 10 RENTAL YIELDS
Firstly, looking at the lowest yields across Australia it’s not surprising that they’re present in our multi-million dollar suburbs, mainly near to Sydney CBD.
Narrowly missing the top 10 list included <a href="/news">Rodd Point</a>, <a href="/news">Sandringham </a>and <a href="/news">McMahons Point</a>, where yields were recorded under 2.50%, as well as <a href="/news">Bellevue Hill</a>, <a href="/news">Blakehurst </a>and <a href="/news">Hurstville </a>where yields were recorded under 2.75%.
<ol>
<li>
1.74% <a href="/news">Palm Beach </a>Median price: $2,535,000 
</li>
<li>
1.97% <a href="/news">Austral </a>Median price: $1,080,000 
</li>
<li>
2.00% <a href="/news">Box Hill </a>Median price: $1,625,000 
</li>
<li>
2.05% <a href="/news">Chiswick </a>Median price: $1,749,000 
</li>
<li>
2.23% <a href="/news">Glenorie </a>Median price: $1,095,000 
</li>
<li>
2.25% <a href="/news">Balmain East </a>Median price: $2,020,000 
</li>
<li>
2.27% <a href="/news">Waverton </a>Median price: $2,200,000 
</li>
<li>
2.27% <a href="/news">Strathfield </a>Median price: $1,558,000 
</li>
<li>
2.32% <a href="/news">Kenthurst </a>Median price: $1,343,000 
</li>
<li>
2.38% <a href="/news">Longueville </a>Median price: $2,510,000
</li>
</ol>
Turn page for the highest yielding house suburbs across New South Wales.
<hr class="system-pagebreak">
THE HIGHEST 10 RENTAL YIELDS
Again using RP Data’s statistics, we collected the 10 highest yielding house suburbs. These presented a fascinating list of mixed results – from higher priced suburbs just under the $1 million mark to just over $110,000, it’s understandable that some will be confused.
As explained in this <a href="/news/minings-clean-sweep-on-rp-datas-10-top-rental-yield-locations">top 10 rental yield areas around the country</a>, previously supplied by RP Data, mining towns are often present on these sorts of lists – as are country towns and very regional areas.
For this reason, and the common saying that high returns come from high risk, it’s understandable that there’s a mix of opportunities in the market. You would be wise to treat these suburbs with the utmost diligence.
<ol>
<li>
16.40% <a href="/news">Killcare</a> Median price: $825,000  
</li>
<li>
11.57% <a href="/news">Mossy Point</a> Median price: $580,000  
</li>
<li>
11.56% <a href="/news">Broulee</a> Median price: $371,000  
</li>
<li>
10.89% <a href="/news">Hardys Bay</a> Median price: $955,000  
</li>
<li>
10.49% <a href="/news">Coonamble</a> Median price: $114,000  
</li>
<li>
10.40% <a href="/news">Condobolin</a> Median price: $115,000  
</li>
<li>
10.26% <a href="/news">Malua Bay</a> Median price: $380,000  
</li>
<li>
9.75% <a href="/news">Broken Hill</a> Median price: $120,000  
</li>
<li>
9.53% <a href="/news">Manyana</a> Median price: $328,000  
</li>
<li>
8.79% <a href="/news">Berrara</a> Median price: $340,000
</li>
</ol>
YOU MAY ALSO WANT TO READ:
<a href="/news/property-rental-yields-fall-across-all-capital-cities">Property rental yields fall across all capital cities</a>
<a href="/expert-insights/investing/commercial-property-offers-yields-as-high-as-11-but-comes-with-risk-colliers">Commercial property offers yields as high as 11% but comes with risk: Colliers</a>
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