Here are 3 Queensland suburbs we’d seriously consider buying in right now for under $700k
Using PropertyFinder, we screened for:
* Solid rental yields
* Extremely low vacancy rates
* Affordable entry prices
Here’s what stood out:
Oakey, QLD 4401
* Median asking price: $677,616
* Rental yield: 4.11%
* Estimated rent: $536/week
* Vacancy rate: just 0.15%
One opportunity currently identified through PropertyFinder:
* House available around $550k
* Estimated rent: $550/week
Kingaroy, QLD 4610
* Median asking price: $634,433
* Rental yield: 4.66%
* Estimated rent: $569/week
* Vacancy rate: 0.68%
One opportunity currently identified through PropertyFinder:
* House available around $649k
* Estimated rent: $600/week
Dalby, QLD 4405
* Median asking price: $667,698
* Rental yield: 4.71%
* Estimated rent: $605/week
* Vacancy rate: 0.92%
One opportunity currently identified through PropertyFinder:
* House available around $515k
* Estimated rent: $575/week
What makes these markets interesting is the combination of affordability, rental demand, and tight supply conditions.
With the recent interest rate increases over the past few months, it’ll be fascinating to revisit these suburbs in 6-12 months and see how they’ve performed.
We’ll do a follow-up analysis in the future to track exactly how these markets move over time using PropertyDirector data.
Which of these three suburbs would you look at more closely?
