Ray White Now | August 2021 | Page 19

HIGHEST PRICE GROWTH SUBURBS FOR INVESTORS - QUEENSLAND AND BRISBANE 12 months to June 2021
SUBURB
REGION
TYPE
MEDIAN
% GROWTH
Brisbane ( highest price growth for homes under $ 650,000 )
Caboolture
Caboolture
Unit
$ 208,000
34.2 %
Thorneside
Redland City
House
$ 671,000
26.0 %
Windaroo
Logan City
House
$ 585,000
23.2 %
Russell Island
Redland City
House
$ 240,000
23.1 %
Ipswich
Ipswich City
House
$ 427,500
22.6 %
Regional QLD ( highest price growth for homes under $ 500,000 )
Charters Towers City
Northern SD Bal
House
$ 163,000
46.8 %
Sarina
Mackay SD Bal
House
$ 375,000
30.2 %
Allenstown
Rockhampton
House
$ 266,000
27.6 %
Railway Estate
Townsville City Part A
House
$ 350,000
27.3 %
Burleigh Waters
Gold Coast East
Unit
$ 492,000
27.0 %
Source : Corelogic , Ray White
While investors typically don ’ t target high yields , it can be useful to look at high yielding locations as they tend to be at cheaper price points . More negatively , they often don ’ t achieve price growth that tracks the average .
Similarly to regional price growth , Northern Queensland is currently seeing some decent yields . Again , this is being driven primarily by decent mining and farming conditions .
HIGHEST YIELDING SUBURBS WITH POSITIVE PRICE GROWTH FOR INVESTORS - QUEENSLAND AND BRISBANE 12 months to June 2021
SUBURB
REGION
TYPE
YIELD
MEDIAN
% GROWTH
Brisbane ( highest yields for homes under $ 650,000 )
Woodridge
Logan City
Unit
8.0 %
$ 168,000
1.8 %
Beenleigh
Logan City
Unit
7.5 %
$ 195,000
0.0 %
Caboolture
Caboolture
Unit
7.0 %
$ 208,000
34.2 %
Riverview
Ipswich City
House
5.9 %
$ 250,000
4.2 %
Brendale
Pine Rivers
Unit
6.7 %
$ 271,750
1.7 %
Regional QLD ( highest yields for homes under $ 500,000 )
Woree
Cairns
Unit
10.3 %
$ 136,000
8.8 %
Home Hill
Northern SD Bal
House
9.3 %
$ 140,000
24.4 %
Ingham
Northern SD Bal
House
9.0 %
$ 150,000
2.0 %
Moranbah
Mackay SD Bal
House
8.1 %
$ 287,500
12.7 %
Charters Towers City
Northern SD Bal
House
7.7 %
$ 163,000
46.8 %
Source : Corelogic , Ray White
19