Top Rental Return Suburbs in Moreton Bay Region, Queensland

Many Investors look at Suburbs in Moreton Bay that offer the best Capital Returns however which ones deliver the best rental yield? Nigel Lucas of Ray White Caboolture and Burpengary Property Management looks at selective suburbs in Moreton Bay Region.

We have only focused on 4 bedroom houses. The yield is calculated by taking the average weekly rent, multiplying it by 52 and dividing by the median sales price.

On paper Kallangur has the highest gross yield over the past 12 months at 5.01% and Burpengary the lowest at 4.15%. However the time a property sits vacant between leases is the lowest in Elimbah at 5.6 days and the highest in Mango Hill at an alarming 20.7 days.

Moreton Bay Region - Graph

Adjusting for time sitting vacant Kallangur, Caboolture and Morayfield offered the highest rental returns over the past 12 months.
Kallangur

• Median house value: $405,107
• Median house rental: $390 per week
• Current rental yield: 5.01%
• Average days vacant: 15.9 (5th highest days vacant)

Caboolture

• Median house value: $370,108
• Median house rental: $350 per week
• Current rental yield: 4.91%
• Average days vacant: 11.6 (4th lowest days vacant)

Morayfield

• Median house value: $387,233
• Median house rental: $360 per week
• Current rental yield: 4.83%
• Average days vacant: 9.4 (3rd lowest days vacant)

Rothwell

• Median house value: $428,500
• Median house rental: $397 per week
• Current rental yield: 4.82%
• Average days vacant: 19 (4th highest days vacant)

Deception Bay

• Median house value: $402,247
• Median house rental: $370 per week
• Current rental yield: 4.78%
• Average days vacant: 15.3 (6th lowest days vacant)
Dakabin

• Median house value: $451,841
• Median house rental: $405 per week
• Current rental yield: 4.66%
• Average days vacant: 20 (2nd highest days vacant)

Mango Hill

• Median house value: $502,108
• Median house rental: $450 per week
• Current rental yield: 4.66%
• Average days vacant: 20.7 (Highest days vacant)
Elimbah

• Median house value: $541,696
• Median house rental: $485 per week
• Current rental yield: 4.66%
• Average days vacant: 5.6 (Lowest days vacant)
North Lakes

• Median house value: $512,631
• Median house rental: $450 per week
• Current rental yield: 4.56%
• Average days vacant: 14 (7th lowest days vacant)

Griffin

• Median house value: $467,789
• Median house rental: $400 per week
• Current rental yield: 4.45%
• Average days vacant: 19.5 (3rd highest days vacant)
Narangba

• Median house value: $471,858
• Median house rental: $400 per week
• Current rental yield: 4.41%
• Average days vacant: 11.6 (4th lowest days vacant)

Murrumba Downs

• Median house value: $504,420
• Median house rental: $410 per week
• Current rental yield: 4.23%
• Average days vacant: 12.2 (6th highest days vacant)

Burpengary

• Median house value: $501,554
• Median house rental: $400 per week
• Current rental yield: 4.15%
• Average days vacant: 8.8 (2nd lowest days vacant)

To maximize the rental return on your Investment in Moreton Bay Region, contact Nigel Lucas of Ray White Caboolture and Burpengary Property Management on 0413 351 603 or email nigel.lucas@raywhite.com
Sources:

Pricefinder
Rentfind.com.au