This is an oddly narrow list. Eight of the ten suburbs are in WA. Two are in regional Queensland. That is not a claim that the rest of Australia has nothing to offer. It is what was left after we stopped treating every attractive yield or growth figure as equally believable.
There are plenty of suburb lists that look more exciting than this one. They also tend to mix a handful of recent sales with an aggressive rent estimate, call the result a trend, and move on. We took the less glamorous route: check whether the underlying records agree, whether enough houses actually changed hands, and whether the recent-growth number has enough support to mean anything.
Ten suburbs made it through. Some are resource-market towns. A few share the same local economy. None of them should be bought because they appear in a table below. They are simply places where the current evidence is strong enough to justify opening the next tab and doing the real work.
One important distinction: one-year growth here is a rear-view measure, not a forecast. We use it to check that a reported price move is supported by real transactions and more than one source—not to suggest that last year’s gain will happen again. It may not. Chasing a suburb because it has just had a big run is usually a poor investment case.
- A data-quality score of 80 or higher, with no current data-quality flags.
- At least 50 recorded house sales in the previous 12 months. A large growth number based on a very small market is not enough.
- House price, gross yield and one-year growth that held up across independent source families and our confidence checks. Recent growth is evidence about the past, not an estimate of next year’s return.
- No five-year-growth ranking. The long-term series is useful context, but its coverage was not equally strong for every candidate, so it does not get to decide the order.
The 10 suburbs where the evidence held up
These are house figures from PropRadar’s verified 7 August 2026 snapshot. The sales column matters as much as the yield column: it gives you a sense of how much recent market activity is sitting behind the result.
| Suburb | State | Median house price | Gross yield | 1-year growth | House sales, 12 months | Data quality |
|---|---|---|---|---|---|---|
| Bulgarra | WA | $680,000 | 9.60% | +17.8% | 93 | 82 |
| Hannans | WA | $565,000 | 7.30% | +15.3% | 86 | 82 |
| Moranbah | QLD | $410,000 | 8.15% | +6.5% | 250 | 82 |
| Sun Valley | QLD | $570,000 | 5.00% | +21.1% | 52 | 82 |
| Boulder | WA | $390,000 | 8.45% | +14.9% | 158 | 82 |
| South Kalgoorlie | WA | $420,000 | 7.85% | +13.5% | 141 | 80 |
| Kalgoorlie | WA | $425,000 | 8.38% | +34.3% | 114 | 80 |
| Djugun | WA | $875,000 | 7.46% | +12.2% | 98 | 80 |
| Piccadilly | WA | $450,000 | 7.40% | +11.8% | 85 | 80 |
| Millars Well | WA | $685,000 | 9.60% | +25.2% | 72 | 80 |
The table is a starting point, not a ranking of “safest” to “riskiest”. Nor is the growth column a bet on the next 12 months. It tells us that a recent price move was recorded with enough underlying evidence to use as context. Bulgarra’s 9.60% gross yield is worth noticing; it does not tell you what insurance, maintenance, vacancy or a future sale will look like. That distinction is the whole point of using a quality screen in the first place.
A few observations that get lost in a national top-10 list
Karratha: strong income, concentrated exposure
Bulgarra and Millars Well are the obvious eye-catchers. Both sit around a $680,000 median and both show a 9.60% gross yield. The recent sales counts are respectable for markets of their size: 93 and 72 respectively.
That is enough evidence to take their numbers seriously. It is not enough to assume the income will stay there. These are markets where local industry, project pipelines and vacancy can matter more than a national property headline. A buyer should look at new rental supply, days on market and the condition of comparable homes before getting attached to the yield.
The Goldfields group is not five separate diversifiers
Hannans, Boulder, South Kalgoorlie, Kalgoorlie and Piccadilly account for half of this list. Their prices sit between $390,000 and $565,000, yields are high, and the recent sales counts give the figures a better footing than a thinly traded outlier.
They are still closely related bets. A portfolio that bought across several of these suburbs would not suddenly be diversified just because the street names changed. That is a useful thing to remember when a screen throws up several nearby locations at once.
Moranbah has the deepest recent sales base here
Moranbah recorded 250 house sales in the period used for this snapshot—more than any other suburb in the table. Its 8.15% gross yield and $410,000 median make the result worth investigating, particularly for someone whose budget makes the larger WA entry prices a stretch.
The trade-off is familiar: a market can have a solid data trail and still have a concentrated employer base. Before making an offer, check who is actually renting homes now, not just what a listing says the rent could be.
Sun Valley and Djugun need a different comparison
Sun Valley is the least extreme yield story here at 5.0%. Its $570,000 median is more conventional, but the 52-sale count is right on the evidence threshold. That does not disqualify it; it does mean the +21.1% annual move deserves a closer look at the individual transactions behind it.
Djugun’s 98 sales and 7.46% gross yield make for a stronger recent sample. It belongs in the same research process, not in the same mental bucket, as the Karratha or Goldfields entries. Price, local demand and resale conditions all need their own comparison set.
What we removed before making this list
The first pass produced more names. Some had a headline yield, some had a big growth figure, and some looked good only until the quality checks were applied. We removed candidates where a core metric carried a flag, where recent growth had limited confidence, or where there were too few sales to treat a percentage move as a market signal.
That is deliberately conservative. A screen should be allowed to say “we do not know enough yet”. The alternative is to give a suburb a false sense of precision because the numbers happen to fit a nice-looking formula.
Four tabs to open before you speak to an agent
- Recent comparable sales. Pull up the last 10 to 15 house sales, then ask whether the median is being held up by a few unusually good results. This matters most where the annual sales count is closer to 50 than 250.
- The rental market today. Ask a local property manager about enquiry volume, days on market and concessions. An advertised rent is not the same thing as a rent achieved after a tenant has left.
- Your holding-cost model. Gross yield is rent divided by the property value before expenses. Use a vacant month, rates, insurance, repairs and a higher interest-rate case. The RBA cash rate is currently 4.35%; your loan rate will be higher.
- The exit. Look at how long comparable houses are taking to sell and how many buyers are likely to exist when you need to leave. A high yield does not fix a thin resale market.
Start with the evidence, then make your own call
Compare the suburbs against your budget and risk tolerance
Use PropRadar to check the current price, yield, growth, sales and risk signals, then drill into the listings and recent transactions behind a suburb-level number.
Explore the live dataThe useful takeaway
The point of a shortlist is not to hand you a property decision. It is to cut down the number of places where your research time may be worth something.
Right now, the cleanest combination of entry price, gross yield and usable sales evidence is clustering in a few WA and regional Queensland markets. The recent-growth figure tells you what has happened, not what will happen next. That may change next quarter. For now, the sensible move is to take one or two of these suburbs, inspect the actual sales and rentals, and see whether the numbers still make sense for the kind of property you would buy.
For more detail on the holding-cost side, read our guide to positive-cashflow properties under $500k. If you are deciding between property types rather than locations, see what roughly 40,000 sales show about houses and units.
Data: PropRadar suburb statistics database, snapshot verified 7 August 2026. Inclusion required a data-quality score of at least 80, no active data-quality flags, 50+ recent house sales, corroborated house-median and yield data, and high or medium confidence for the reported one-year house-growth figure. That figure describes a past period only and is not a forecast. Gross yield is annual rent divided by property value before expenses. This article is general information, not financial, tax or legal advice.
Not sure where to invest? Take the 2-min quiz and we'll rank your top 10 suburbs.
Take the 2-min quizTurn market context into a shortlist
Compare live listings, suburb fundamentals, yield, cashflow and valuation signals before you inspect.