Highest rental yield suburbs in Perth
The top 25 suburbs in Perth 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 Perth: houses
Gross yield on the median house price and median weekly house rent.
| # | Suburb | Gross yield | Median price | Median rent |
|---|---|---|---|---|
| 1 | DaytonWA 6055 | 4.9% | $855,000 | $800/wk |
| 2 | BrabhamWA 6055 | 4.8% | $875,000 | $780/wk |
| 3 | Banksia GroveWA 6031 | 4.7% | $840,000 | $740/wk |
| 4 | MaddingtonWA 6109 | 4.7% | $775,000 | $680/wk |
| 5 | HuntingdaleWA 6110 | 4.7% | $830,000 | $750/wk |
| 6 | Seville GroveWA 6112 | 4.7% | $795,000 | $680/wk |
| 7 | BalgaWA 6061 | 4.7% | $780,000 | $700/wk |
| 8 | Queens ParkWA 6107 | 4.7% | $920,000 | $780/wk |
| 9 | CamilloWA 6111 | 4.6% | $750,000 | $630/wk |
| 10 | GlendaloughWA 6016 | 4.6% | $1,010,000 | $875/wk |
| 11 | NollamaraWA 6061 | 4.6% | $850,000 | $750/wk |
| 12 | WestminsterWA 6061 | 4.6% | $810,000 | $730/wk |
| 13 | LangfordWA 6147 | 4.6% | $780,000 | $700/wk |
| 14 | HaynesWA 6112 | 4.6% | $850,000 | $730/wk |
| 15 | Alexander HeightsWA 6064 | 4.6% | $935,000 | $780/wk |
| 16 | KoondoolaWA 6064 | 4.6% | $805,000 | $670/wk |
| 17 | Henley BrookWA 6055 | 4.5% | $940,000 | $820/wk |
| 18 | Swan ViewWA 6056 | 4.5% | $830,000 | $700/wk |
| 19 | SinagraWA 6065 | 4.5% | $955,000 | $800/wk |
| 20 | Middle SwanWA 6056 | 4.5% | $810,000 | $700/wk |
| 21 | GosnellsWA 6110 | 4.5% | $780,000 | $650/wk |
| 22 | KelmscottWA 6111 | 4.5% | $785,000 | $650/wk |
| 23 | BullsbrookWA 6084 | 4.5% | $830,000 | $750/wk |
| 24 | HilbertWA 6112 | 4.5% | $840,000 | $700/wk |
| 25 | CavershamWA 6055 | 4.5% | $930,000 | $800/wk |
Highest rental yield suburbs in Perth: units
Gross yield on the median unit price and median weekly unit rent.
| # | Suburb | Gross yield | Median price | Median rent |
|---|---|---|---|---|
| 1 | Bibra LakeWA 6163 | 6.8% | $490,000 | $640/wk |
| 2 | StirlingWA 6021 | 6.5% | $590,000 | $740/wk |
| 3 | CloverdaleWA 6105 | 6.0% | $610,000 | $700/wk |
| 4 | GlendaloughWA 6016 | 6.0% | $510,000 | $635/wk |
| 5 | NorthbridgeWA 6003 | 5.9% | $645,000 | $750/wk |
| 6 | East PerthWA 6004 | 5.9% | $685,000 | $760/wk |
| 7 | BelmontWA 6104 | 5.9% | $650,000 | $700/wk |
| 8 | Middle SwanWA 6056 | 5.9% | $545,000 | $615/wk |
| 9 | KewdaleWA 6105 | 5.8% | $615,000 | $680/wk |
| 10 | ThornlieWA 6108 | 5.8% | $555,000 | $600/wk |
| 11 | RedcliffeWA 6104 | 5.8% | $630,000 | $690/wk |
| 12 | West PerthWA 6005 | 5.7% | $680,000 | $750/wk |
| 13 | AtwellWA 6164 | 5.7% | $605,000 | $650/wk |
| 14 | RivervaleWA 6103 | 5.7% | $650,000 | $700/wk |
| 15 | WembleyWA 6014 | 5.6% | $560,000 | $600/wk |
| 16 | Victoria ParkWA 6100 | 5.6% | $610,000 | $625/wk |
| 17 | CanningtonWA 6107 | 5.6% | $655,000 | $700/wk |
| 18 | HighgateWA 6003 | 5.6% | $690,000 | $670/wk |
| 19 | BayswaterWA 6053 | 5.5% | $610,000 | $650/wk |
| 20 | MaddingtonWA 6109 | 5.5% | $610,000 | $650/wk |
| 21 | LathlainWA 6100 | 5.5% | $600,000 | $715/wk |
| 22 | MidlandWA 6056 | 5.5% | $590,000 | $600/wk |
| 23 | SuccessWA 6164 | 5.5% | $610,000 | $650/wk |
| 24 | Canning ValeWA 6155 | 5.5% | $730,000 | $720/wk |
| 25 | OreliaWA 6167 | 5.5% | $475,000 | $465/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
Perth suburbs by 12-month outlook
Where prices are expected to rise or ease, ranked within each state.
Investment guide
Where to invest in Perth
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 Perth: frequently asked questions
Which Perth suburbs have the highest rental yield for houses?
On current figures the highest gross yields for houses in Perth are in Dayton WA 6055, Brabham WA 6055 and Banksia Grove WA 6031. Dayton WA 6055 leads at 4.9%, with a median house price of $855,000.
Which Perth suburbs have the highest rental yield for units?
For units, the highest gross yields in Perth are in Bibra Lake WA 6163, Stirling WA 6021 and Cloverdale WA 6105. Bibra Lake WA 6163 leads at 6.8%, on a median rent of $640/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.