Highest rental yield suburbs in Western Australia
The top 25 suburbs in Western Australia 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 Western Australia: houses
Gross yield on the median house price and median weekly house rent.
| # | Suburb | Gross yield | Median price | Median rent |
|---|---|---|---|---|
| 1 | Pegs CreekWA 6714 | 9.4% | $655,000 | $1,400/wk |
| 2 | Kambalda WestWA 6442 | 9.2% | $245,000 | $400/wk |
| 3 | BulgarraWA 6714 | 9.2% | $730,000 | $1,200/wk |
| 4 | BoulderWA 6432 | 8.3% | $400,000 | $655/wk |
| 5 | KalgoorlieWA 6430 | 8.3% | $470,000 | $750/wk |
| 6 | DampierWA 6713 | 8.2% | $945,000 | - |
| 7 | KununurraWA 6743 | 7.6% | $510,000 | $730/wk |
| 8 | PiccadillyWA 6430 | 7.5% | $500,000 | $710/wk |
| 9 | West LamingtonWA 6430 | 7.5% | $535,000 | $730/wk |
| 10 | DjugunWA 6725 | 7.4% | $890,000 | $1,300/wk |
| 11 | HannansWA 6430 | 7.3% | $615,000 | $805/wk |
| 12 | LamingtonWA 6430 | 7.2% | $535,000 | $750/wk |
| 13 | BilingurrWA 6725 | 7.1% | $885,000 | $1,350/wk |
| 14 | SomervilleWA 6430 | 6.7% | $745,000 | $890/wk |
| 15 | KojonupWA 6395 | 6.0% | $390,000 | $455/wk |
| 16 | RangewayWA 6530 | 6.0% | $430,000 | $470/wk |
| 17 | GledhowWA 6330 | 5.8% | $675,000 | $750/wk |
| 18 | BrunswickWA 6224 | 5.8% | $605,000 | $670/wk |
| 19 | CollieWA 6225 | 5.7% | $540,000 | $575/wk |
| 20 | NulsenWA 6450 | 5.5% | $365,000 | $450/wk |
| 21 | Sunset BeachWA 6530 | 5.3% | $670,000 | $660/wk |
| 22 | Mount TarcoolaWA 6530 | 5.3% | $625,000 | $640/wk |
| 23 | WaggrakineWA 6530 | 5.2% | $630,000 | $640/wk |
| 24 | SpaldingWA 6530 | 5.2% | $515,000 | $500/wk |
| 25 | WithersWA 6230 | 5.1% | $600,000 | $570/wk |
Highest rental yield suburbs in Western Australia: units
Gross yield on the median unit price and median weekly unit rent.
| # | Suburb | Gross yield | Median price | Median rent |
|---|---|---|---|---|
| 1 | BoulderWA 6432 | 8.8% | $320,000 | $570/wk |
| 2 | SomervilleWA 6430 | 8.7% | $390,000 | $650/wk |
| 3 | PiccadillyWA 6430 | 8.3% | $380,000 | $555/wk |
| 4 | South KalgoorlieWA 6430 | 7.9% | $345,000 | $520/wk |
| 5 | WithersWA 6230 | 7.0% | $300,000 | $405/wk |
| 6 | Bibra LakeWA 6163 | 6.8% | $490,000 | $640/wk |
| 7 | StirlingWA 6021 | 6.5% | $590,000 | $740/wk |
| 8 | GeraldtonWA 6530 | 6.3% | $365,000 | $430/wk |
| 9 | CloverdaleWA 6105 | 6.0% | $610,000 | $700/wk |
| 10 | GlendaloughWA 6016 | 6.0% | $510,000 | $635/wk |
| 11 | NorthbridgeWA 6003 | 5.9% | $645,000 | $750/wk |
| 12 | East PerthWA 6004 | 5.9% | $685,000 | $760/wk |
| 13 | BelmontWA 6104 | 5.9% | $650,000 | $700/wk |
| 14 | Middle SwanWA 6056 | 5.9% | $545,000 | $615/wk |
| 15 | KewdaleWA 6105 | 5.8% | $615,000 | $680/wk |
| 16 | ThornlieWA 6108 | 5.8% | $555,000 | $600/wk |
| 17 | RedcliffeWA 6104 | 5.8% | $630,000 | $690/wk |
| 18 | EsperanceWA 6450 | 5.8% | $395,000 | $435/wk |
| 19 | West PerthWA 6005 | 5.7% | $680,000 | $750/wk |
| 20 | AtwellWA 6164 | 5.7% | $605,000 | $650/wk |
| 21 | RivervaleWA 6103 | 5.7% | $650,000 | $700/wk |
| 22 | WembleyWA 6014 | 5.6% | $560,000 | $600/wk |
| 23 | Victoria ParkWA 6100 | 5.6% | $610,000 | $625/wk |
| 24 | CanningtonWA 6107 | 5.6% | $655,000 | $700/wk |
| 25 | HighgateWA 6003 | 5.6% | $690,000 | $670/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
Western Australia suburbs by 12-month outlook
Where prices are expected to rise or ease, ranked within each state.
Investment guide
Where to invest in Western Australia
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 Western Australia: frequently asked questions
Which Western Australia suburbs have the highest rental yield for houses?
On current figures the highest gross yields for houses in Western Australia are in Pegs Creek WA 6714, Kambalda West WA 6442 and Bulgarra WA 6714. Pegs Creek WA 6714 leads at 9.4%, with a median house price of $655,000.
Which Western Australia suburbs have the highest rental yield for units?
For units, the highest gross yields in Western Australia are in Boulder WA 6432, Somerville WA 6430 and Piccadilly WA 6430. Boulder WA 6432 leads at 8.8%, on a median rent of $570/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.