Australia’s top 10 suburbs revealed

By |
Think twice before investing in the the inner city. Based on rental and capital returns, outer city regions should provide the best investment opportunities, according to the property portal Onthehouse.com.au.
 
NSW dominated the list, with four suburbs in the top 10. Top of the table was Jerrabomberra in south-eastern NSW, which is predicted to get the strongest capital growth in the next five years of over 10% per annum. The other NSW suburbs were Karabar (fourth), Banora Point (ninth) and Medowie (tenth).
 
Running in second was Morayfield, which is 44km north of Brisbane. Also predicted to grow by more than 10% over the same period were the WA suburb Seville Grove and Ngunnawal in the ACT.
 
“Buying in a regional area might not be for everyone but with strong predicted growth and high rental yields, it’s certainly an option to consider,” says John Edwards, consulting analyst for Onthehouse.com.au.
 
“With more expensive areas, such as Sydney, outer city regions can be much more affordable – pair that with strong growth and it could be a good fit for investors wanting to get good rental returns and capital growth over time.”
 
The top 10 suburbs were calculated based on rental yields, five year capital growth predictions, industry surroundings, confidence ratings and employment opportunities.
 
“Investors should be looking for locations that have good employment opportunities, education options, are well connected to transport and have planned developments in the area that will attract the population,” says Edwards.
 
“The latest Best Rent Report highlights 58 areas around Australia that meet this criteria, each offering returns of better than 10% per annum.”
 
 
Ranking Suburb State Median Value   Median
Rent
  Median
Rental Yield
Predicted Capital
Growth,
5 Years, %pa Avg.
1 Jerrabomberra NSW $612,500 $605 5.15% 10+%
2 Morayfield QLD $321,000 $335 5.47% 10+%
3 Seville Grove WA $367,500 $390 5.52% 10+%
4 Karabar NSW $461,500 $470 5.30% 10+%
5 Dalyellup WA $414,500 $410 5.15% 10+%
6 Ngunnawal ACT $392,500 $405 5.37% 10+%
7 Secret Harbour WA $482,000 $485 5.28% 10+%
8 Murrumba Downs QLD $419,000 $435 5.39% 9+%
9 Banora Point NSW $438,500 $455 5.44% 9+%
10 Medowie NSW $396,000 $385 5.10% 9+%
                                                                                                Source: Onthehouse.com.au
 
 

Whether you are looking to buy your first home, move home, refinance, or invest in property, a mortgage broker can help. Access loans from all the major lenders, get help with paperwork – plus there is no charge for this service. Get help from a local mortgage broker

Top Suburbs : torrensville , mayfield , emerald , north epping , st kilda west

go back

Get help financing your investment



Do you need help finding the right loan for your investment?


When investing in property, it is important to make sure that you not only have the lowest available rate that you can get, but also have the correct loan features for your needs.

Just fill in a few details below and we'll then arrange for a local expert Aussie Mortgage Broker to contact you and work out what features or types of loans are right for your needs. We'll even help with the paperwork. Plus, our mortgage broking service is at no cost to you.

How soon would you like a mortgage?
What is your Annual Household Income i $
Do you currently own any Investment Properties?
Do you own your own residence?
How much equity do you have in all your current properties?
First Name
Last Name
Where do you live?
What number can we reach you on?
E-mail address
We value your privacy and treat all your information seriously - you can check out our privacy policy here