As a serious property investor, you’re likely to be well-versed in the need to diversify not only the types of property in your portfolio but also their locations.
These two factors should dominate your strategy in the same way that your tactical choices are influenced by the potential for capital growth and rental yields.
All the other factors that come into play are down the list of priorities.
However, when seeking to expand your portfolio, the challenge is to monitor locations where the best opportunities may appear.
New research from depreciation company Washington Brown may give some insight into potential locations for investment this year and into 2026.
Its latest list – created in a report called “Pulse” – features 10 high-yield locations where the median price sits at around $600,000. The report promises that these locations can deliver up to 6% yield.
Authors of the report said they had studied median prices, growth rates, rental yields, and vacancy rates of each location cited. Their analysis not only featured yield calculations but potential for capital growth.
The locations are not where you might expect to find them. Here are the top 10.
Depot Hill, Rockhampton, Queensland (house)
Moree, Moree Plains, NSW (house)
Spalding, Geraldton, WA (house)
Leanyer, Darwin, NT (unit)
Holloways Beach, Cairns, Queensland (unit)
Douglas, Townsville, QLD (unit)
Larrakeyah, Darwin, NT (unit)
West Mackay, Mackay, Queensland (unit)
Coconut Grove, Darwin, NT (unit)
Carlton, Melbourne, Victoria (unit)
The Pulse report said it had considered the following factors in its assessment.
- Price $600,000 or less.
- Potential for capital growth within five years.
- Low vacancy rate for houses and units.
- The local population was more than 15,000.
- Strength and diversity of the local population economy.
- A minimum of 50 house sales had been sold in the area in the past year.
- Evidence of new public investment coming, and existing amenities and job growth.