5 most Popular Areas with Real Estate for Sale in Australia

The noticeable growth in Australia’s real estate sector in recent years is no secret to the world. With growth comes opportunities, and this country’s property market is certainly on the right track due to their real estate for sale in popular areas.

Listed below are the five most popular areas with real estate for sale in Australia. Take a look!

1. Sydney

Properties in Sydney have been in demand amongst investors for years. Being a growing coastal city, a huge number of harbor-side and beach-side suburbs are found here.

The beautiful landscape, well-built transport system, and its thriving culture make it a valuable place to lead a fulfilling lifestyle.

Taking information from the data of savings.com.au, we have listed five popular areas with real estate sales in Sydney. They are –

• Lightning Ridge: Noteworthy for its exceptional annual rental yield of 15.29%, Lightning Ridge is considered a prime investment opportunity known for its opal mining activities.

• Broken Hill: Securing the second spot with a compelling average rental yield of 9.51%, Broken Hill offers a promising investment prospect and stands out for its strategic location and growth potential.

• Berrigan: Positioned at third place, Berrigan boasts an average rental yield of 8.27%, contributing to Sydney's diverse real estate options. It is located southwest of Sydney in the Riverina region. Its appeal is enhanced by its location and potential returns on investment.

• North Lismore: Taking the fourth position, North Lismore presents an enticing average rental yield of 8.25%. Situated 65 kilometers east of Sydney's CBD, this suburb offers both a strategic location and the charm of a thriving community.

• Tralee: Closing the list at the fifth spot, Tralee features a commendable average rental yield of 7.96%. Tralee represents a promising investment opportunity, contributing to the dynamic real estate landscape in New South Wales.

2. Melbourne

Melbourne's real estate sector stands out as one of the most robust in Australia, with certain suburbs consistently achieving impressive annual growth in property values.

According to data from savings.com.au, the top-performing real estate listings for sale, accompanied by their respective rental yields, are as follows:

• Ouyen: Boasting a substantial rental yield of 8.93%, Ouyen presents itself as a lucrative investment option. This regional town, known for its unique charm and community spirit, offers an attractive opportunity for investors.
• Warracknabeal: With a commendable rental yield of 7.24%, Warracknabeal is another standout choice. This vibrant town, enriched with cultural heritage and a welcoming atmosphere, provides an enticing prospect for real estate investment.

3. Queensland

Queensland holds a distinguished position in Australia's housing market, standing out for its unique appeal and investment potential.

Data from savings.com.au highlights the leading suburbs and regions real estate for sale to invest in regional Queensland:

• Pioneer: Showcasing a remarkable rental yield of 10.16%, Pioneer stands out as an enticing investment opportunity. This area is known for its scenic beauty and thriving community.
•  Tom Price: Boasting an outstanding rental yield of 14.15%, Tom Price stands out as a noteworthy investment opportunity. This locale is known for its unique charm and economic vitality.
• South Boulder: With a robust rental yield of 11.35%, South Boulder emerges as an attractive real estate option. The area combines a thriving community atmosphere with appealing investment returns.
• Coolgardie: Showcasing a substantial rental yield of 10.96%, Coolgardie is a notable choice for real estate investment. The town's historical significance and local amenities contribute to its overall appeal.
• Newman: Offering an impressive rental yield of 10.64%, Newman is a stand-out destination for potential investors. Known for its economic stability and modern amenities, it provides a compelling landscape for real estate ventures.
• South Hedland: With a commendable rental yield of 10.45%, this locale, characterized by its amenities and strategic location, offers promising prospects for real estate investors.

4. Western Australia

Western Australia, Australia's largest state, boasts diverse landscapes, from stunning beaches to the rugged Outback.

With a thriving economy, particularly in mining, and the cosmopolitan city of Perth, it's an attractive destination for real estate investment. The state's unique blend of modern urban life and untouched wilderness makes it a captivating prospect for investors.

Here are the leading neighbourhoods and regional real estate options for investment in the area:

Beautiful sunrise over the city of Perth, Australia.

• Tom Price: Showcasing an outstanding rental yield of 14.15%, Tom Price emerges as a noteworthy investment opportunity. This locale is recognized for its unique charm and economic vitality.
• South Boulder: With a robust rental yield of 11.35%, South Boulder becomes an attractive real estate option, blending a thriving community atmosphere with appealing investment returns.
• Coolgardie: Demonstrating a substantial rental yield of 10.96%, Coolgardie stands out as a notable choice for real estate investment. The town's historical significance and local amenities contribute to its overall appeal.
• Newman: Offering an impressive rental yield of 10.64%, Newman establishes itself as a stand-out destination for potential investors. Known for its economic stability and modern amenities, it provides a compelling landscape for real estate ventures.
• South Hedland: Completing the list with a commendable rental yield of 10.45%, South Hedland presents itself as a top-performing area.

5. South Australia

South Australia, a state characterized by diverse landscapes, a vibrant cultural scene, and a rich history, is gaining popularity as a sought-after destination for real estate investment.

The state's overall appeal is becoming increasingly evident, with growing interest from investors attracted not only by potential financial returns but also by the unique charm, historical significance, and natural beauty that define South Australia.

Adelaide Hills, South Australia.

• Port Pirie West: This area is known for its historical significance as a major port and industrial center, contributing to its economic vitality. With a rental yield of 9.48%, it offers both historical charm and investment potential.
• Solomontown: Nestled in the picturesque setting of Port Pirie, Solomontown is recognized for its maritime heritage and scenic views. Its rental yield of 9.45% adds to the appeal, making it an attractive option for investors seeking both historical and financial returns.
• Quorn: Famous for its well-preserved heritage buildings and serving as a gateway to the Flinders Ranges, Quorn offers a unique blend of history and natural beauty. With a rental yield of 9.10%, it presents an enticing opportunity for those interested in regional charm and potential growth.
• Peterborough: This town is known for its railway history, with heritage-listed buildings reflecting its past as a major railway hub. With a rental yield of 8.54%, Peterborough combines historical significance with investment appeal.
• Port Augusta: Positioned at the crossroads of Australia, Port Augusta is renowned for its stunning landscapes, including the nearby Flinders Ranges. With a rental yield of 8.06%, it provides scenic beauty and investment opportunities in a well-connected location.

Interested or have question on investing in Australian property? Fill in your details below and our trained professionals will get back to you!