Two Bunbury suburbs have made the top 10 list of locations across the country where investors saw healthy rental yields over the past 12 months.
The latest Pulse report by Washington Brown and Hotspotting identified Carey Park and Withers where investors made substantial capital gains while still enjoying significant yields.
Investors netted $130,000 a year in Carey Park and $125,000 in Withers.
“We’ve long been told you can’t have your cake and eat it too in property – growth or yield, not both. But that’s simply not true,” Washington Brown Director Tyron Hyde said.
“The locations identified in The Pulse consistently deliver on both fronts, giving savvy investors a genuine opportunity to build wealth.”
The two Bunbury suburbs and Midland were the only Western Australian locations to make the list.
“These aren’t million-dollar suburbs, either,” Mr Hyde said.
“In places like Carey Park in WA, where the median house price was just $370,000, investors gained $130,000 in a year while accessing potential annual tax depreciation benefits of more than $5,000. That’s the power of smart property investing.”
The Pulse’s top investment house suburb results from May 2024 to May 2025:
1. Aitkenvale, Townsville, QLD: Gain $170,000 (40%)
2. Midland, Swan W.A: Gain $167,000 (35%)
3. Park Avenue, Rockhampton, QLD: Gain $140,000 (33%)
4. Kin Kora, Gladstone, QLD: Gain $150,000 (30%)
5. Carey Park, Bunbury W.A: Gain $130,000 (30%)
6. Berserker, Rockhampton, QLD: Gain $126,000 (28%)
7. Balga, Stirling, W.A: Gain $155,000 (27%)
8. Withers, Bunbury, W.A: Gain $125,000 (27%)
9. Kirwan, Townsville, QLD: Gain $136,000 (26%)
10. Salisbury North, Salisbury, SA: Gain $140,000 (26%)
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