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Where to make your money in Greater Brisbane - August 2016

CoreLogic data shows investors have been banking some high returns on rental properties with one suburb posting an indicative 12 month gross yield of 11.9 per cent. Deagon topped Greater Brisbane with the result for units. Other top unit performers were Banksia Beach at 8.2 per cent, Redbank 7.9 per cent, Hillcrest 7.7 per cent, Waterford 7.5 per cent and Caboolture 7.2 per cent. Units by far outperformed houses for rental yield, taking the top 21 suburb spots and dominating Greater Brisbane’s top 50. There were 39 unit results compared with 11 houses. The best yield for houses was recorded in Dinmore and on Russell Island, with both at 6.5 per cent. Churchill and Woodford were next at 6.4 per cent, followed by Basin Pocket 6.3 per cent, Leichhardt 6.2 per cent, Ellen Grove and Riverview at 6.1 per cent and Gailes 6 per cent. In terms of the highest rent achieved, houses dominated, taking nine of the top 10 spots. Pullenvale was Greater Brisbane’s money suburb, pulling ...

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