Top Regional MarketsQueensland is home to two of Australia’s top regional property markets.
The new analysis by Suburbtrends, considered 14 different key metrics in determining
which markets were performing the best. It found in Queensland, the Sunshine Coast and
Gold Coast were solid performers, coming in second and third place behind Bunbury in
Western Australia.
Suburbtrends founder, Kent Lardner, says the analysis took into account things such as
rental affordability, which was a difficult task in the current climate. The report analysed
regions within 200km of capital cities with a maximum $750,000 budget, and a minimum
4.5% yield.
The Gold Coast had the best vacancy rate, best rental affordability, and highest median
income among the shortlisted locations.
“These figures underline Gold Coast’s appeal for renters and investors focusing on rental
income and relative affordability,” the report says.
The top three markets on the Gold Coast were units at Bundall, houses in Willow Vale and units at Broadbeach Waters.
