LOCATION SPOTLIGHT
Coffs Harbour, NSW
Population: 71,822
Vacancy Rates: 0.1%
Median Price: $490,000
Av Weekly Rent: $480
Rental Yield: 3.7%
Steady population growth over 10% over 10 years. Affordable homes with ok rental yields + vacancy rates very low. Overall showing growth in population and property demand (November 2020).
Vacancy Rates: 0.1%
Median Price: $490,000
Av Weekly Rent: $480
Rental Yield: 3.7%
Steady population growth over 10% over 10 years. Affordable homes with ok rental yields + vacancy rates very low. Overall showing growth in population and property demand (November 2020).
Geelong, VIC
Population: 275,794
Vacancy Rates: 2.2%
Median Price: $750,000
Av Weekly Rent: $435
Rental Yield: 2.4%
Great population growth but affordability is difficult - vacancy rate a little high and rental yield a little low. Property growth over 10 years of 34% (November 2020)
Vacancy Rates: 2.2%
Median Price: $750,000
Av Weekly Rent: $435
Rental Yield: 2.4%
Great population growth but affordability is difficult - vacancy rate a little high and rental yield a little low. Property growth over 10 years of 34% (November 2020)
Sunshine Coast, QLD
Population: 341,069
Vacancy Rates: 0.8%
Median Price: $689,000
Average Weekly Rent: $566
Rental Yield: 4%
Steady population growth, affordability a little high, low vacancy rate and pretty good rental yield (November 2020).
Vacancy Rates: 0.8%
Median Price: $689,000
Average Weekly Rent: $566
Rental Yield: 4%
Steady population growth, affordability a little high, low vacancy rate and pretty good rental yield (November 2020).
Toowoomba, QLD
Population: 121,000
Vacancy Rates: 0.8%
Median Price: $345,000
Av Weekly Rent: $340
Rental Yield: 5.3%
Very affordable, very good rental yield plus low vacancy rate, property demand ok but little equity growth (November 2020).
Vacancy Rates: 0.8%
Median Price: $345,000
Av Weekly Rent: $340
Rental Yield: 5.3%
Very affordable, very good rental yield plus low vacancy rate, property demand ok but little equity growth (November 2020).
Byron Bay, NSW
Population: 30,000
Vacancy Rates: 0.6%
Median Price: $1,700,000
Av Weekly Rent: $800
Rental Yield: 3.1%
Very unaffordable for the average Australian, more of a holiday destination (November 2020).
Vacancy Rates: 0.6%
Median Price: $1,700,000
Av Weekly Rent: $800
Rental Yield: 3.1%
Very unaffordable for the average Australian, more of a holiday destination (November 2020).