Top Western Australia rental yield suburbs October 2015
In contrast to the top suburbs for price growth (which were predominately located in the south west of the state, close to Perth), the highest-yielding suburbs in Western Australia were spread in clusters across the state.
Neighbouring suburbs Pegs Creek and Nickol, near to the city of Karratha, joined the list for top houses both with yields of 8.8 per cent, according to CoreLogic RP Data gross rental yield figures.
Broome and Cable Beach topped the list of highest yields for units, at 10.3 and 8.6 per cent yields respectively. Both suburbs are highly popular beach resort towns in the Kimberley region which could account for the high figures.
Inland Western Australia saw three suburbs place in the top 10 yields. South Boulder, Coolgardie and Kambalda West were the top three yielding suburbs for houses in Western Australia.
Eighth, ninth and tenth place on the top yielding suburbs in Western Australia are all located along the coast, with Sorrento and Orelia within the city of Perth, and Dudley Park just south of the capital city.
Top 5 Western Australia rental yield suburbs (houses)
South Boulder: 9.7%
Coolgardie: 9.6%
Kambalda West: 9.3%
Pegs Creek: 8.8%
Nickol: 8.8%
Source: CoreLogic RP Data
Top 5 Western Australia rental yield suburbs (units)
Broome: 10.3%
Cable Beach: 8.6%
Sorrento: 7.2%
Orelia: 6.8%
Dudley Park: 6.4%
Source: CoreLogic RP Data