The south-east Queensland suburbs with the highest rental returns
South-east Queensland’s highest yielding investment properties are no longer in Brisbane, but in the outer suburbs of Logan and Ipswich, new data shows.
Suburbs like Bellbird Park and Bundamba in Ipswich, and Logan Central and Woodridge in Logan, have estimated rental yields of more than seven per cent for units, the latest Domain Rental Report has found.
Brisbane has some of the highest rental yields in the country, averaging four to five per cent.
However in Logan Central, where the median rent for a unit is $260 a week, the estimated rental yield is a whopping 7.8 per cent. In nearby Woodridge, the yield for units is 7.1 per cent, with a median weekly rent of $255.
That’s one of the beautiful things around these suburbs — there’s so many affordable units and townhouses and they represent great investments because of those rental yields.
Also, Logan is affordable — you can buy a unit for under $175,000 or $180,000 and it’ll rent for $250, $260 a week — but importantly, the demand for rentals is there, it won’t sit there vacant.
A lot of interstate investors see value in Logan, given its proximity between Brisbane and the Gold Coast.
Interstate investors recognise that an area between two large cities that has a cheap price point and high yields is valuable and will keep growing.
They look at the prices, look at the yields and say, ‘It’s near a train station and I can drive to Brisbane in half an hour’, it’s got a lot of potential for growth.
Interstate investors also had a strong presence in another high-yielding suburb, Bellbird Park, on the eastern outskirts of Ipswich, where units are yielding an impressive 7.3 per cent.
Investors look at the figures and go for it. They’re interested in the brand new opportunities where they get great rent, which is generally duplexes and that kind of thing.
They can get a three-bed unit for $215,000 and it will rent for $290 a week. You just don’t get that [return] for houses.”
He said the duplexes were not popular buys with owner occupiers, but investors from Sydney and Melbourne were happy to take them on.
Because units aren’t popular with local buyers, they’re cheap to buy. They can be hard to move but down south, duplexes are really common, so the interstate investors are comfortable buying them. Then they’re easy to rent.
For houses, Leichhardt, Laidley and Riverview give some of the top returns, with yields of 5.8 and 5.7 per cent.
The highest yielding inner city suburb for unit rentals was Brisbane City, where the median weekly rent is $495, with a yield of 5.8 per cent.
Ellen Grove, 20 kilometres south west of the CBD, was Brisbane’s highest yielding suburb for houses, with a yield of 5.5 per cent.
Top yielding suburbs for units:
Logan Central: 7.8%
Bellbird Park: 7.3%
Top yielding suburbs for houses:
Waterford West: 5.7%
One Mile: 5.6%
Linda鰓 & Carlos Debello
LREA, LJ Gilland Real Estate Pty Ltd
4 2 2
#Investment #Property #Sold
Vendor Review – Recommended by MandyRobPearson
23 January 2017
As long time managing agents of our investment property Linda and Carlos arranged all the paperwork and organised contractors to carry out minor repairs to ensure the property was in the best condition to sell. We were kept well informed and nothing was to much trouble for the team at LJ Gilland Real Estate
$570,000 #Sold by Private #Sale/Treaty on 25 Sep 2013
4 2 2
ReviewOverall Satisfaction #Maximised our #Yield by Removing the hassle from our Sale and our rental property LJ Gilland also #Vendor#Review – #Recommended #Five #stars
24 November 2016Found the land, designed and built the investment property & managed it at 5.3 – 7% #Yield Choose LIndaandCarlos DeBello of LJ Gilland Real Estate, an Agent that is interested in the #relationship of everyone involved and takes into account what’s best for all parties not just earning a commission. LindaandCarlos will always have a relationship already formed with your #Tenant which makes it so much easier to sell your Investment Property with a Tenant in place. It makes sense that keeping a Tenant in place on a fixed term lease ensures that the property is still income producing and if your Agent knows the market well, then the rental return should look attractive to a Prospective Purchaser. In my experience, most Agents will recommend that the Tenant be evicted and the property left vacant whilst on the market. This is poor advice as there is no income generated on the property whilst on the market for sale, and it will not look appealing to Prospective Investors. Choose LJ Gilland Real Estate to sell your Tenanted property. If your property is managed by another Agent and you want to sell, transfer to LJ Gilland Real Estate and we will remove the hassle from sales and rentals aiming at the best result possible in any challenging real estate market, whilst making selling a sweet, smooth and nurturing experience for all involved. https://youtu.be/fouwPdBIBJk
BRAND NEW TOWNHOUSES 1 & 2/6_89 Daisy Hill Rd, Daisy Hill for LEASE_REGISTER YOUR INTEREST TO BE THE FIRST TO OCCUPY – AVAILABLE EARLY AUGUST 2018_These 3 & 2 bedroom Townhouses are in a quiet, private location close to John Paul College Daisy Hill. Close to all amenities, the Townhouse offers three good size bedrooms on the upstairs level with a walk-in robe and ensuite off the main. All bedrooms have built in wardrobes and the second bathroom is also located on this level. Downstairs there is a good size kitchen, dining, living and a bigger than normal laundry with a third toilet located to the side. The property also offers a single lockup garage and a courtyard at the rear which is perfect for relaxing after a hard days work. There is good linen space and lots of storage under the stairs. The property is located close to walking tracks which wind through the natural bush land and provide the perfect setting for exercise or just a relaxing walk.
Enjoy a short stroll to John Paul College and St Edwards Catholic School and are generally snapped up FAST! With a number of local schools nearby, public transport at your door and Daisy Hill Shopping Centre just a few minutes walk away, this location is very sought after. All the major transport links are within a short drive, as is The Logan Hyperdome Shopping Centre. Daisy Hill is fast becoming one of the area’s favourite suburbs and the greatly treasured Daisy Hill Forest Park and Koala Centre which is just a couple of minutes away. Conveniently situated – CBD 15 mins, Gold Coast & The Bay 30
*Important* Whilst every care is taken in the preparation of the information contained herein, L J Gilland Real Estate Pty Ltd will not be held liable for any errors in typing or information. All information is considered correct at the time of printing. Any interested parties should satisfy themselves in this respect.
全新的TOWNHOUSES 1＆2/89 DAISY HILL ROAD，DAISY HILL租赁_注册您的第一个购买权利 – 可在2018年8月初前提供_这些3和2卧室联排别墅位于一个安静的私人位置，靠近John Paul College Daisy Hill。 Townhouse酒店靠近所有设施，在楼上设有三间宽敞的卧室，配有步入式衣柜和主浴室。所有卧室均配有内置衣柜，第二间浴室也位于此楼层。楼下有一个大小合适的厨房，餐厅，生活区和比平常更大的洗衣房，旁边还有第三个厕所。酒店还提供一个单独的锁定车库和后方的庭院，非常适合在艰苦的日子工作后放松身心。楼下有良好的亚麻布空间和大量存储空间。酒店靠近步行道，环绕着天然灌木丛，是锻炼身体或散步的理想场所。
您可以漫步到约翰保罗学院和圣爱德华兹天主教学校，并且快速购买！附近有许多当地学校，门口的公共交通工具和距离酒店仅有几分钟步行路程的Daisy Hill购物中心，这个位置非常受欢迎。所有主要的交通连接和Logan Hyperdome购物中心都在很短的车程内。 Daisy Hill正迅速成为该地区最受欢迎的郊区之一，距离极为珍贵的Daisy Hill森林公园和Koala中心仅有几分钟的路程。交通便利 – CBD 15分钟，黄金海岸和海湾30
Linda 姬琳达珍 and Carlos Debello (LREA)
LJ Gilland Real Estate Pty Ltd
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