When it comes to property investment, one of the most important things to consider is the rental yield the property can potentially generate. If you’re thinking of taking advantage of the record-low interest rates and invest in property, here’re the areas in Southeast Queensland with the highest rental yield return.

Basically, what rental yield is, it’s the annual income generated from rent as the percentage of the property’s value. This means the higher the rental yield the better cash flow the property has. Some factors that can contribute to the rental return are the location of the property, type of property, condition it is in, and the demand for the area vs. the supply available on the market.

HOUSES

Russell Island - median sale price $255,000, median weekly rent $265, rental yield 6.69%
Kingston - median sale price $284,000, median weekly rent $330, rental yield 6.44%
Logan Central - median sale price $280,000, median weekly rent $318, rental yield 6.38%
Woodridge - median sale price $297,000, median weekly rent $325, rental yield 6.34%
Macleay Island - median sale price $229,000, median weekly rent $300, rental yield 6.12%

Source: Open Agent

With Russell Island, located in Redland, its affordable median house sale price of $255,000 and median weekly rent of $265, the area generates the highest rental yield of 6.69% among the top 5 areas listed above.

UNITS

Eden Landing - median sale price $223,000, median weekly rent $295, rental yield 8.05%
Hillcrest - median sale price $260,000, median weekly rent $310, rental yield 7.83%
Browns Plains - median sale price $246,000, median weekly rent $335, rental yield 7.83%
Daisy Hill - median sale price $302,000, median weekly rent $358, rental yield 7.67%
Waterford West - median sale price $201,500, median weekly rent $280, rental yield 7.60%

Source: Open Agent 

For units, Eden Landing located in Logan is the top area for rental yield reaching 8.05%. The median sale price for a unit in the area is $223,000 with a median weekly rent of $295.

How much rental yield is your property generating? Speak to your property manager to find out how your investment is performing and what strategies can be applied.