Top Yielding Rental Suburbs in SEQ
Southeast Queensland is a growing investor property market with Brisbane showing some of the highest rental yield nationally, averaging four to five percent.
New data now shows that the Queensland capital has now been surpassed by Ipswich and Logan when it comes to rental yield.
These include Bellbird Park, Bundamba and Logan Central which show a yield of up to 7.8 per cent.
Because buyer demand for units is relatively low in Logan suburbs, apartments are available to investors at under $180,000 and can be rented for up to $260 a week.
High demand in such affordable suburbs within half an hour from the city has resulted in low vacancy rates and therefore becoming more and more appealing for investors.
The proximity between Brisbane and the Gold Coast is recognised by interstate investors, who see the potential and value of the growing property market.
Want to see the rental return on your suburb or property? Download your free rental estimate today.