Highest rental yield suburbs in New South Wales
The top 25 suburbs in New South Wales 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 New South Wales: houses
Gross yield on the median house price and median weekly house rent.
| # | Suburb | Gross yield | Median price | Median rent |
|---|---|---|---|---|
| 1 | Wee WaaNSW 2388 | 7.9% | $315,000 | $490/wk |
| 2 | Broken HillNSW 2880 | 7.9% | $250,000 | $370/wk |
| 3 | WarrenNSW 2824 | 7.0% | $270,000 | $365/wk |
| 4 | MoreeNSW 2400 | 6.9% | $335,000 | $420/wk |
| 5 | South LismoreNSW 2480 | 6.8% | $405,000 | $535/wk |
| 6 | Darlington PointNSW 2706 | 6.8% | $360,000 | $470/wk |
| 7 | CobarNSW 2835 | 6.6% | $320,000 | $380/wk |
| 8 | DunedooNSW 2844 | 6.4% | $405,000 | $475/wk |
| 9 | WellingtonNSW 2820 | 6.4% | $380,000 | $450/wk |
| 10 | BerriganNSW 2712 | 6.4% | $290,000 | $380/wk |
| 11 | CoolahNSW 2843 | 6.1% | $415,000 | $430/wk |
| 12 | ColeamballyNSW 2707 | 6.0% | $350,000 | $400/wk |
| 13 | NarrabriNSW 2390 | 5.9% | $480,000 | $540/wk |
| 14 | BarrabaNSW 2347 | 5.9% | $300,000 | $360/wk |
| 15 | FinleyNSW 2713 | 5.8% | $365,000 | $400/wk |
| 16 | LockhartNSW 2656 | 5.8% | $385,000 | $430/wk |
| 17 | South GraftonNSW 2460 | 5.8% | $480,000 | $510/wk |
| 18 | GilgandraNSW 2827 | 5.7% | $345,000 | $390/wk |
| 19 | QuirindiNSW 2343 | 5.7% | $450,000 | $480/wk |
| 20 | CorakiNSW 2471 | 5.7% | $500,000 | $525/wk |
| 21 | West WyalongNSW 2671 | 5.7% | $440,000 | $475/wk |
| 22 | MerriwaNSW 2329 | 5.6% | $440,000 | $450/wk |
| 23 | South KempseyNSW 2440 | 5.6% | $445,000 | $500/wk |
| 24 | West KempseyNSW 2440 | 5.5% | $475,000 | $500/wk |
| 25 | DeniliquinNSW 2710 | 5.4% | $425,000 | $435/wk |
Highest rental yield suburbs in New South Wales: units
Gross yield on the median unit price and median weekly unit rent.
| # | Suburb | Gross yield | Median price | Median rent |
|---|---|---|---|---|
| 1 | HaymarketNSW 2000 | 6.6% | $1,000,000 | $1,225/wk |
| 2 | North AlburyNSW 2640 | 6.3% | $330,000 | $400/wk |
| 3 | SconeNSW 2337 | 6.2% | $370,000 | $455/wk |
| 4 | QueanbeyanNSW 2620 | 6.1% | $450,000 | $470/wk |
| 5 | Harris ParkNSW 2150 | 6.1% | $515,000 | $600/wk |
| 6 | GranvilleNSW 2142 | 6.1% | $530,000 | $630/wk |
| 7 | WinghamNSW 2429 | 6.0% | $340,000 | $390/wk |
| 8 | Warwick FarmNSW 2170 | 5.9% | $485,000 | $530/wk |
| 9 | Pendle HillNSW 2145 | 5.9% | $510,000 | $600/wk |
| 10 | BlacktownNSW 2148 | 5.9% | $520,000 | $590/wk |
| 11 | ZetlandNSW 2017 | 5.9% | $975,000 | $1,100/wk |
| 12 | MerrylandsNSW 2160 | 5.9% | $540,000 | $620/wk |
| 13 | AuburnNSW 2144 | 5.8% | $590,000 | $665/wk |
| 14 | GuildfordNSW 2161 | 5.8% | $495,000 | $580/wk |
| 15 | Mays HillNSW 2145 | 5.8% | $610,000 | $675/wk |
| 16 | ChippendaleNSW 2008 | 5.8% | $890,000 | $900/wk |
| 17 | HolroydNSW 2142 | 5.8% | $570,000 | $670/wk |
| 18 | WentworthvilleNSW 2145 | 5.8% | $590,000 | $660/wk |
| 19 | MascotNSW 2020 | 5.8% | $900,000 | $1,050/wk |
| 20 | HomebushNSW 2140 | 5.8% | $670,000 | $735/wk |
| 21 | Merrylands WestNSW 2160 | 5.8% | $495,000 | $550/wk |
| 22 | WestmeadNSW 2145 | 5.7% | $600,000 | $650/wk |
| 23 | Kellyville RidgeNSW 2155 | 5.7% | $575,000 | $630/wk |
| 24 | LiverpoolNSW 2170 | 5.7% | $535,000 | $560/wk |
| 25 | ParramattaNSW 2150 | 5.7% | $625,000 | $680/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
New South Wales suburbs by 12-month outlook
Where prices are expected to rise or ease, ranked within each state.
Investment guide
Where to invest in New South Wales
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 New South Wales: frequently asked questions
Which New South Wales suburbs have the highest rental yield for houses?
On current figures the highest gross yields for houses in New South Wales are in Wee Waa NSW 2388, Broken Hill NSW 2880 and Warren NSW 2824. Wee Waa NSW 2388 leads at 7.9%, with a median house price of $315,000.
Which New South Wales suburbs have the highest rental yield for units?
For units, the highest gross yields in New South Wales are in Haymarket NSW 2000, North Albury NSW 2640 and Scone NSW 2337. Haymarket NSW 2000 leads at 6.6%, on a median rent of $1,225/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.