Highest rental yield suburbs in Gold Coast
The top 25 suburbs in Gold Coast by gross rental yield, ranked separately for houses and units. Gross yield is a year's median rent as a share of the median price. A suburb is ranked only when it has at least 10 sales of that dwelling type in the past year and a median price and rent that independent evidence agrees on, so a figure built from a handful of listings cannot top the table.
Highest rental yield suburbs in Gold Coast: houses
Gross yield on the median house price and median weekly house rent.
| # | Suburb | Gross yield | Median price | Median rent |
|---|---|---|---|---|
| 1 | MerrimacQLD 4226 | 4.1% | $1,195,000 | $900/wk |
| 2 | ElanoraQLD 4221 | 4.1% | $1,570,000 | $1,200/wk |
| 3 | BenowaQLD 4217 | 4.0% | $1,815,000 | $1,380/wk |
| 4 | MolendinarQLD 4214 | 4.0% | $1,255,000 | $965/wk |
| 5 | Reedy CreekQLD 4227 | 4.0% | $1,700,000 | $1,300/wk |
| 6 | Jacobs WellQLD 4208 | 4.0% | $1,355,000 | $1,200/wk |
| 7 | YarrabilbaQLD 4207 | 4.0% | $850,000 | $630/wk |
| 8 | HelensvaleQLD 4212 | 4.0% | $1,395,000 | $1,200/wk |
| 9 | WindarooQLD 4207 | 4.0% | $1,090,000 | $830/wk |
| 10 | Mount Warren ParkQLD 4207 | 3.9% | $960,000 | $700/wk |
| 11 | HolmviewQLD 4207 | 3.8% | $900,000 | $650/wk |
| 12 | Varsity LakesQLD 4227 | 3.8% | $1,325,000 | $960/wk |
| 13 | GilstonQLD 4211 | 3.8% | $1,450,000 | $1,025/wk |
| 14 | CarraraQLD 4211 | 3.8% | $1,335,000 | $975/wk |
| 15 | OrmeauQLD 4208 | 3.8% | $1,130,000 | $800/wk |
| 16 | Lower BeechmontQLD 4211 | 3.8% | $1,050,000 | $845/wk |
| 17 | EaglebyQLD 4207 | 3.8% | $845,000 | $580/wk |
| 18 | Edens LandingQLD 4207 | 3.8% | $910,000 | $650/wk |
| 19 | AshmoreQLD 4214 | 3.7% | $1,325,000 | $900/wk |
| 20 | MudgeerabaQLD 4213 | 3.7% | $1,370,000 | $995/wk |
| 21 | BeenleighQLD 4207 | 3.7% | $865,000 | $610/wk |
| 22 | MaudslandQLD 4210 | 3.7% | $1,360,000 | $950/wk |
| 23 | Burleigh HeadsQLD 4220 | 3.5% | $1,900,000 | $1,300/wk |
| 24 | HollywellQLD 4216 | 3.4% | $1,500,000 | $995/wk |
| 25 | BundallQLD 4217 | 3.3% | $2,450,000 | $1,450/wk |
Highest rental yield suburbs in Gold Coast: units
Gross yield on the median unit price and median weekly unit rent.
| # | Suburb | Gross yield | Median price | Median rent |
|---|---|---|---|---|
| 1 | BundallQLD 4217 | 5.6% | $785,000 | $820/wk |
| 2 | SouthportQLD 4215 | 5.0% | $810,000 | $745/wk |
| 3 | AshmoreQLD 4214 | 5.0% | $780,000 | $735/wk |
| 4 | HelensvaleQLD 4212 | 4.9% | $800,000 | $780/wk |
| 5 | Biggera WatersQLD 4216 | 4.8% | $850,000 | $750/wk |
| 6 | CoombabahQLD 4216 | 4.8% | $820,000 | $760/wk |
| 7 | NerangQLD 4211 | 4.8% | $790,000 | $700/wk |
| 8 | Hope IslandQLD 4212 | 4.7% | $975,000 | $870/wk |
| 9 | OxenfordQLD 4210 | 4.7% | $780,000 | $685/wk |
| 10 | RobinaQLD 4226 | 4.7% | $930,000 | $850/wk |
| 11 | Highland ParkQLD 4211 | 4.7% | $830,000 | $750/wk |
| 12 | Pacific PinesQLD 4211 | 4.7% | $860,000 | $760/wk |
| 13 | BenowaQLD 4217 | 4.7% | $1,010,000 | $900/wk |
| 14 | ArundelQLD 4214 | 4.7% | $860,000 | $760/wk |
| 15 | LabradorQLD 4215 | 4.7% | $830,000 | $720/wk |
| 16 | Varsity LakesQLD 4227 | 4.7% | $925,000 | $830/wk |
| 17 | Upper CoomeraQLD 4209 | 4.6% | $840,000 | $750/wk |
| 18 | MudgeerabaQLD 4213 | 4.6% | $955,000 | $850/wk |
| 19 | Mermaid WatersQLD 4218 | 4.6% | $950,000 | $845/wk |
| 20 | CoomeraQLD 4209 | 4.6% | $805,000 | $700/wk |
| 21 | Reedy CreekQLD 4227 | 4.6% | $880,000 | $800/wk |
| 22 | EaglebyQLD 4207 | 4.3% | $655,000 | $550/wk |
| 23 | PimpamaQLD 4209 | 4.3% | $840,000 | $680/wk |
| 24 | TugunQLD 4224 | 4.2% | $1,100,000 | $875/wk |
| 25 | Mermaid BeachQLD 4218 | 4.2% | $1,070,000 | $855/wk |
How this ranking works
- Gross yield is the median weekly rent x 52, divided by the median sale price, for each dwelling type.
- A suburb is ranked only with at least 10 sales of that dwelling type in the past 12 months, at least 1,000 residents, and a median price that independent evidence agrees on.
- Yields outside 3% to 9.5% are left out: figures beyond that range usually describe a wider area than the suburb, not the suburb itself.
- Where several suburbs share one postcode's figures, only the largest is listed. A rent shown as a dash is not yet well enough supported to publish.
- Suburb figures are refreshed as new market data arrives, at most about once a fortnight. Gross yield is before costs; use the rental yield calculator for net yield and cashflow on a specific property.
Rental yields in other states and cities
Growth outlook
Gold Coast suburbs by 12-month outlook
Where prices are expected to rise or ease, ranked within each state.
Investment guide
Where to invest in Gold Coast
Yield, growth, affordability and tight rental markets in one guide.
Calculator
Rental yield calculator
Gross and net yield, cashflow after interest and DSCR for one property.
Rental yield in Gold Coast: frequently asked questions
Which Gold Coast suburbs have the highest rental yield for houses?
On current figures the highest gross yields for houses in Gold Coast are in Merrimac QLD 4226, Elanora QLD 4221 and Benowa QLD 4217. Merrimac QLD 4226 leads at 4.1%, with a median house price of $1,195,000.
Which Gold Coast suburbs have the highest rental yield for units?
For units, the highest gross yields in Gold Coast are in Bundall QLD 4217, Southport QLD 4215 and Ashmore QLD 4214. Bundall QLD 4217 leads at 5.6%, on a median rent of $820/wk.
How is gross rental yield calculated?
Gross rental yield = weekly rent x 52 / price x 100. A suburb's figure uses its median weekly rent and median sale price for that dwelling type. It is before costs: rates, insurance, management, maintenance, strata and vacancy usually take 1.5 to 2 percentage points off, which is the net yield.
Is the highest-yield suburb the best investment?
Not on its own. High yields often come with lower expected growth, a thinner buyer pool or more vacancy risk, and a high figure can reflect a fall in prices rather than a rise in rents. Use the ranking to find suburbs to research, then check each suburb's vacancy, growth outlook and recent sales.
How often are these rankings updated?
Suburb medians are refreshed as new market data arrives, at most about once a fortnight, and this page picks the changes up within a day.
General information only, not personal financial advice. Check a suburb's own page and recent sales before relying on any figure.