M:
Research
Spring/26 Regional Queensland Residential
Headlines Regional Queensland recorded a lower number of residential sales over the past year, whilst homes are taking less time to sell than one year ago.
The number of residential rental homes in Regional Queensland is currently undersupplied. Regional Queensland rental vacancy was recorded at 1.2% at the end of Q2/26.
More Regional Queensland homes have been newly listed for sale than this time last year. Overall, the total number of homes listed for sale in Regional Queensland is up on last year.
Residential rents across Regional Queensland trended 10.0% above last year's weekly rate, with rents forecast to rise 6% at the end of 2026.
Regional Queensland prices have trended 1.4% higher than a quarter ago, with 14.9% annual growth. Price growth of 8% is forecast by the end of 2026.
The construction delivery of new homes in Queensland was 1.9% below the last reported year, whilst residential building approvals trended 26.5% higher.
Economy Key drivers
Interest rate
Spring/26
4.35%
Interest rates were last set at 4.35% after the Reserve Bank of Australia (RBA) lifted the cash rate target by 25 bps in May 2026. At this time, most lenders adjusted their mortgage lending rates for homeowners and investors accordingly. By setting borrowing costs, interest rates strongly influence both housing affordability and demand for home loans. Westpac forecasts the cash rate target to be 4.60% by the end of 2026 and 4.10% in 2027, with inflation, energy costs and the global economy being closely monitored as a leading indicators for any possible adjustments during this time.
Unemployment
+2.6%
Economic growth
Australia recorded annual economic growth of 2.1% at the end of Q2/26, following a five year annual average performance of 2.2%. A growing economy fuels the property market by generating employment, lifting household incomes and strengthening overall demand. In general, sustainable annual economic growth is viewed as trending between 2% and 3%. Looking forward, Westpac forecasts economic growth of 1.5% by the end of 2026 and 1.7% in 2027.
3.8%
+1.4%
Population growth
Regional Queensland's unemployment rate of 3.8% at the end of Q2/26, was tracking lower than the Australia average at 4.3%. Looking back, the five year average unemployment rate has been 3.9% across Australia. Employment conditions shape the ability for a household to enter the housing market and service mortgages over time, with a healthy labour market typically below 5%. With economic headwinds and technological disruption to a growing number of industries on the horizon, the RBA forecasts unemployment to soften to 4.7% by the end of 2027.
Population growth has ramped up housing demand, placing pressure on existing housing supply and infrastructure. Regional Queensland's total population growth was 1.4% in 2025. This came after the population grew 1.8% in 2024, after growth of 1.5% in 2022. The Australian Bureau of Statistics (ABS) have projected the long-term population growth for Regional Queensland at 1.2% per annum.
Economic outlook, Q2/26
2021
2022
2023
2024
2025
2026F
2027F
Interest rate target
0.10%
3.10%
4.35%
4.35%
3.60%
4.60%
4.10%
Economic growth in Australia
4.9%
3.3%
1.3%
1.2%
2.6%
1.5%
1.7%
Unemployment rate in Australia
4.0%
3.3%
3.8%
3.8%
3.9%
4.7%
4.7%
Population growth in Regional Queensland
1.5%
2.2%
1.8%
1.4%
1.2%
1.2%
1.2%
Source: McGrath Research, RBA, ABS, Westpac
2
Residential sales Update
Sales
Spring/26
-6%
Rolling tally of annual residential sales Regional Queensland
Regional Queensland recorded a lower number of residential sales over the past year. Sales trended down 6% with a total of 66,250 transactions in the year ending Q2/26, outpaced by the five year annual average of 73,250 sales. A change in sales activity can be influenced by interest rates, economic confidence, housing supply, government policies and shifting population trends which impacts buyer demand. Isolating the 13,957 sales in the Q2/26 quarter, this was 10% below the previous quarter, whilst lower than the 17,336 five year quarterly average.
Source: McGrath Research, Cotality
Share of state annual sales
57%
Regional Queensland made up 57% of the total number of annual residential sales recorded in Queensland at the end of Q2/26. This was similar to one year ago when the proportion was 57%, whilst below the 60% share recorded five years ago. A change in residential sales activity over the year to Q2/26 saw Regional Queensland (-6%) outpacing Brisbane (-6%).
Share of state annual sales, by number Regional Queensland Source: McGrath Research, Cotality
Regional Queensland, Q2/26
Houses
Apartments
Residential
Number of homes sold in past quarter
10,394
3,563
13,957
Change from a quarter ago
-10%
-10%
-10%
Number of homes sold in past year
49,958
16,292
66,250
Change from a year ago
-7%
-3%
-6%
Source: McGrath Research, Cotality
3
Residential sales, by local area Based on the geography boundary defined by the Local Government Area
Spring/26
Houses
Apartments
Number sold in past quarter
Change from a quarter ago
Number sold in past year
Change from a year ago
Number sold in past quarter
Change from a quarter ago
Number sold in past year
Change from a year ago
Balonne
18
64%
61
-21%
0
na
2
-60%
Banana
44
-21%
230
-23%
1
-75%
7
-30%
Barcaldine
15
50%
49
-11%
0
na
0
na
Bundaberg
480
-7%
2,152
-1%
55
20%
217
-22%
Burdekin
58
-12%
310
-9%
10
400%
33
18%
Cairns
569
-4%
2,753
-11%
363
-4%
1,550
0%
Regional Queensland Q2/26
Cassowary Coast
133
5%
652
4%
18
0%
96
25%
Central Highlands (Qld)
162
17%
743
-3%
23
-18%
110
-3%
Charters Towers
58
0%
238
-21%
1
na
9
-18%
Cook
14
0%
58
7%
0
na
1
-50%
Douglas
53
-2%
240
22%
67
-17%
294
4%
Fraser Coast
584
-8%
2,678
-1%
59
-40%
319
-5%
Gladstone
368
-13%
1,759
-23%
100
1%
433
-4%
Gold Coast
1,613
-23%
8,562
-10%
1,499
-12%
7,054
-2%
Goondiwindi
27
-4%
140
-1%
0
na
6
20%
Gympie
260
-10%
1,253
-1%
17
-39%
97
-9%
Hinchinbrook
47
-19%
221
7%
2
na
10
-55%
Isaac
116
-9%
509
3%
7
-53%
75
-18%
Livingstone
146
-19%
812
-11%
36
20%
143
-1%
Lockyer Valley
182
-11%
822
4%
4
-43%
23
-12%
Longreach
13
-28%
70
-7%
1
-67%
6
200%
Mackay
576
6%
2,527
-13%
132
19%
523
-10%
Maranoa
67
10%
277
-2%
2
0%
11
-27%
Mareeba
94
0%
386
5%
8
0%
28
4%
Mount Isa
80
-29%
360
42%
12
-40%
60
20%
Murweh
26
0%
99
-3%
2
na
2
0%
Noosa
209
-25%
1,131
7%
94
-28%
487
8%
North Burnett
37
-21%
180
-13%
2
na
4
33%
Rockhampton
467
4%
1,944
-9%
48
7%
178
-20%
Scenic Rim
196
-1%
945
6%
15
-32%
78
4%
Somerset
111
-18%
544
0%
2
100%
4
-56%
South Burnett
163
-6%
729
4%
9
0%
31
-14%
Southern Downs
163
4%
710
-1%
7
-30%
35
-15%
Sunshine Coast
1,194
-17%
6,200
-3%
461
-20%
2,270
-1%
Tablelands
116
17%
489
-8%
13
8%
45
41%
Toowoomba
661
-7%
3,020
-6%
145
11%
543
-6%
Townsville
884
-7%
4,288
-12%
252
5%
1,056
-14%
Weipa
11
10%
52
-22%
4
-56%
32
23%
Western Downs
169
-2%
683
-8%
18
-33%
79
-9%
Whitsunday
163
-11%
806
-6%
71
9%
330
-3%
4
Source: McGrath Research, Cotality
Residential sales Update
Sales velocity
Spring/26
-3 days
Average days on the market Regional Queensland
Regional Queensland homes are taking less time to sell than one year ago. Residential homes averaged 28 days on market in Q2/26, from the time they were listed, to the day they went under contract. This average duration was 30 days the quarter before (-2 days) and 32 days one year ago (-3 days). A lower number of days on market typically indicates that homes are selling more quickly, often reflecting strong buyer demand and well‑priced, desirable properties. In contrast, a higher number of days on market may signal slower buyer activity or that homes are priced above current market expectations. Looking back over the past five years, it has taken 33 days on average, to sell a home. Source: McGrath Research
New listings Regional Queensland
+2.4%
Total listings Regional Queensland
More Regional Queensland homes have been newly listed for sale than this time last year. Newly advertised listings in Regional Queensland were 2.4% higher in the month of June 2026 than the equivalent period last year, according to Cotality. This change in new listings trended above the Australian average of 2.1% and above the 2.3% across Australian capital cities.
+9.8%
Overall, the total number of homes listed for sale in Regional Queensland is up on last year. Regional Queensland's total number of listings in the month of June 2026 were 9.8% above the equivalent period last year, according to Cotality. By comparison, the Australian average change for total listings was 8.4% and across Australian capital cities was -1.7%.
Regional Queensland, Q2/26
Houses
Apartments
Residential
Number of days homes on market
30 days
24 days
28 days
Change from a quarter ago
-2 days
-1 day
-2 days
Change from a year ago
-4 days
-2 days
-3 days Source: McGrath Research
5
Residential sales velocity, by local area Based on the geography boundary defined by the Local Government Area
Spring/26
Houses
Apartments
Number days on market
Change from a quarter ago
Change from a year ago
Number days on market
Change from a quarter ago
Change from a year ago
Balonne
54 days
-26 days
-18 days
na
na
na
Banana
55 days
+13 days
+24 days
na
na
na
Barcaldine
47 days
-10 days
-13 days
na
na
na
Bundaberg
27 days
-2 days
-3 days
29 days
0 days
-3 days
Burdekin
30 days
-2 days
-7 days
31 days
+2 days
-55 days
Cairns
20 days
-2 days
-1 day
18 days
+1 day
-2 days
Cassowary Coast
59 days
+1 day
+12 days
71 days
-33 days
+26 days
Central Highlands (Qld)
29 days
+0 days
-4 days
22 days
-3 days
-4 days
Regional Queensland Q2/26
Charters Towers
35 days
+2 days
-32 days
na
na
na
Cook
187 days
-22 days
+83 days
na
na
na
Douglas
61 days
-9 days
-11 days
38 days
-21 days
-4 days
Fraser Coast
28 days
-7 days
-9 days
20 days
-4 days
-10 days
Gladstone
21 days
+1 day
+3 days
43 days
+6 days
+11 days
Gold Coast
30 days
+0 days
-4 days
21 days
-1 day
-3 days
Goondiwindi
31 days
+2 days
+13 days
na
na
na
Gympie
39 days
-2 days
+5 days
53 days
+12 days
+4 days
Hinchinbrook
44 days
+2 days
+4 days
na
na
na
Isaac
50 days
-4 days
-24 days
100 days
-1 day
+48 days
Livingstone
24 days
-3 days
-3 days
31 days
-10 days
+14 days
Lockyer Valley
22 days
-3 days
-4 days
42 days
days
days
Longreach
32 days
-5 days
-26 days
na
na
na
Mackay
20 days
-3 days
+0 days
20 days
+1 day
-1 day
Maranoa
34 days
-16 days
-3 days
na
na
na
Mareeba
46 days
-6 days
-30 days
na
na
na
Mount Isa
68 days
-3 days
+8 days
na
na
na
Murweh
81 days
+28 days
+39 days
na
na
na
Noosa
48 days
-3 days
-6 days
47 days
-2 days
+7 days
North Burnett
40 days
-6 days
-34 days
na
na
na
Rockhampton
15 days
-2 days
-1 day
15 days
+2 days
-4 days
Scenic Rim
26 days
-1 day
-9 days
22 days
-3 days
+5 days
Somerset
20 days
-7 days
-8 days
na
na
na
South Burnett
31 days
-14 days
-12 days
20 days
-1 day
+2 days
Southern Downs
45 days
+0 days
-10 days
na
na
na
Sunshine Coast
35 days
-3 days
-7 days
22 days
-2 days
-11 days
Tablelands
34 days
-9 days
-19 days
na
na
na
Toowoomba
17 days
+1 day
-2 days
12 days
-2 days
-1 day
Townsville
21 days
+0 days
+1 day
22 days
+1 day
+4 days
na
na
na
na
na
na
Western Downs
36 days
+4 days
+3 days
23 days
-2 days
-14 days
Whitsunday
34 days
+6 days
-25 days
30 days
-10 days
-16 days
Weipa
6
Source: McGrath Research, Cotality
Residential prices Update
Average price
Spring/26
$739,900
Tracking average prices Regional Queensland
Regional Queensland residential property prices have trended higher than a year ago. Prices across Regional Queensland rose by 14.9% in the year ending Q2/26, with a 1.4% increase recorded in the most recent quarter. As a result, the average residential value reached $739,900. Residential values shift with changes in interest rates, supply and demand, economic conditions, population trends and local infrastructure which influences market appeal and buyer capacity. Annual residential price growth has averaged 14.1% over the past five years.
Source: McGrath Research
Price outlook
+8%
Forecast for average prices Regional Queensland
Looking ahead, Regional Queensland residential prices are likely to rise over the coming year. McGrath Research forecast Regional Queensland residential property prices to increase by 8% at the end of 2026, followed by a further 4% rise in 2027. Residential price forecasts consider borrowing capacity, the balance of supply and demand, economic conditions, population trends and local infrastructure which shapes affordability, demand and market direction.
Source: McGrath Research
Regional Queensland, Q2/26
Houses
Apartments
Residential
Average price
$795,100
$576,400
$739,900
Change from a quarter ago
1.6%
0.4%
1.4%
Change from a year ago
15.1%
15.6%
14.9% Source: McGrath Research
7
Residential prices, by local area Based on the geography boundary defined by the Local Government Area
Spring/26
Houses
Apartments
Median price
Change from a quarter ago
Change from a year ago
Median price
Change from a quarter ago
Change from a year ago
Balonne
$233,200
23.5%
21.1%
$365,600
22.4%
29.4%
Banana
$440,000
6.5%
28.1%
$310,800
-28.6%
-4.2%
Regional Queensland Q2/26
Barcaldine
$198,600
8.8%
118.7%
$323,000
33.0%
27.8%
Bundaberg
$720,700
2.9%
16.6%
$428,500
1.9%
6.2%
Burdekin
$434,700
3.8%
28.3%
$324,200
-12.5%
12.4%
Cairns
$856,700
1.0%
18.4%
$531,000
0.1%
18.0%
Cassowary Coast
$603,700
8.1%
21.6%
$410,800
3.7%
17.5%
Central Highlands (Qld)
$383,100
3.7%
5.5%
$343,200
8.1%
-8.1%
Charters Towers
$508,900
4.2%
39.3%
$386,900
-13.9%
23.7%
Cook
$405,500
-5.5%
13.2%
$604,200
-27.0%
11.9%
Douglas
$766,100
2.0%
1.5%
$639,700
4.6%
13.6%
Fraser Coast
$783,600
1.8%
14.3%
$599,700
9.8%
10.7%
Gladstone
$680,800
3.8%
15.0%
$520,700
-3.3%
-15.9%
Gold Coast
$1,660,600
1.2%
13.0%
$984,400
2.2%
14.9%
Goondiwindi
$431,600
3.1%
-1.6%
$259,500
12.6%
8.6%
Gympie
$925,200
-1.1%
9.2%
$497,200
-2.1%
3.1%
Hinchinbrook
$424,600
-7.3%
16.2%
$408,200
23.0%
43.1%
Isaac
$317,800
8.6%
0.6%
$494,100
-30.5%
81.5%
Livingstone
$999,400
1.7%
19.2%
$605,300
-0.5%
9.1%
Lockyer Valley
$945,900
2.3%
14.0%
$631,800
-11.9%
26.5%
Longreach
$278,600
-1.9%
69.3%
$268,400
9.9%
1.7%
Mackay
$728,200
-0.3%
10.9%
$506,600
9.0%
19.7%
Maranoa
$323,900
-0.5%
-3.3%
$333,900
15.4%
18.7%
Mareeba
$572,900
-2.1%
14.7%
$1,344,900
-0.7%
137.6%
Mount Isa
$358,100
-3.6%
22.1%
$293,900
-7.8%
5.2%
Murweh
$261,100
11.3%
57.1%
$320,200
23.8%
1.3%
Noosa
$1,612,300
-0.3%
16.4%
$1,078,900
-12.4%
6.0%
North Burnett
$442,600
2.3%
18.2%
$265,400
10.4%
19.9%
Rockhampton
$659,100
0.9%
20.9%
$512,600
9.4%
16.5%
Scenic Rim
$1,238,800
0.1%
23.6%
$644,600
-3.4%
4.1%
Somerset
$960,200
-0.1%
13.4%
$447,800
6.3%
1.6%
South Burnett
$590,700
5.1%
22.8%
$399,800
21.3%
24.0%
Southern Downs
$764,400
-2.1%
8.8%
$449,800
17.4%
24.0%
Sunshine Coast
$1,468,700
1.8%
16.1%
$794,800
-0.9%
12.8%
Tablelands
$734,600
4.7%
12.6%
$537,400
9.4%
35.6%
Toowoomba
$813,300
1.6%
15.5%
$587,600
4.1%
27.5%
Townsville
$753,300
2.6%
17.6%
$515,500
-3.7%
31.7%
Weipa
$499,900
2.7%
14.9%
$421,500
-14.1%
19.5%
Western Downs
$493,800
5.8%
6.6%
$386,400
19.7%
23.7%
Whitsunday
$769,500
2.8%
7.9%
$678,700
-10.1%
23.7%
8
Source: McGrath Research, Cotality
Residential rents Update
Vacancy
Spring/26
1.2%
Residential rental vacancy Regional Queensland
The number of residential rental homes in Regional Queensland is currently undersupplied. Regional Queensland rental vacancy was recorded at 1.2% at the end of Q2/26, rising 15 bps in the quarter whilst rising 18 bps over the past year. Generally, around 3% vacancy is considered a balanced market between rental supply and demand. Below this equilibrium is considered to be an undersupplied pool of rental homes, which places upward pressure on weekly rents. For the past five years, Regional Queensland residential rental vacancy has averaged 0.9%.
Source: McGrath Research
Yield
-24 bps
Gross rental yield Regional Queensland
Regional Queensland gross rental yields have trended lower over the past year. Residential yields fell 7 bps in the Q2/26 quarter to be 4.53% across Regional Queensland, whilst 24 bps lower compared to a year ago. A yield pushing beyond 4% is more desirable for investment properties located in capital cities, while below this, tends to show higher property values relative to rental income. Regional Queensland gross rental yields have averaged 5.07% over the past five years.
Source: McGrath Research
Regional Queensland, Q2/26
Houses
Apartments
Residential
Gross rental yield
4.39%
4.94%
4.53%
Change from a quarter ago
-8 bps
-4 bps
-7 bps
Change from a year ago
-22 bps
-34 bps
-24 bps Source: McGrath Research
9
Residential rents Update
Average weekly rent
Spring/26
$660
Tracking average weekly rents Regional Queensland
Residential rents across Regional Queensland trended above the weekly rate recorded a year ago. Regional Queensland rents rose 1.5% in Q2/26, whilst increasing 10.0% over the past year, to stand at an average $660 per week. Rent changes are driven by rental supply, tenant demand, migration trends, economic conditions and investor activity which together impact the vacancy rate. For the past five years, Regional Queensland rents grew an average 9.9% per annum.
Source: McGrath Research
Rental outlook
+6%
Forecast for average rents Regional Queensland
The Regional Queensland residential market is continuing to experience upward pressure on weekly rents. McGrath Research forecast Regional Queensland rents to rise 6% at the end of 2026, with a further 6% rise likely in 2027. The rental forecast takes into consideration new and existing supply levels, population changes, economic conditions and upgraded local infrastructure which can influence future tenant demand, vacancy rates and rental growth.
Source: McGrath Research
Regional Queensland, Q2/26
Houses
Apartments
Residential
Average weekly rent
$700
$550
$660
Change from a quarter ago
1.4%
1.9%
1.5%
Change from a year ago
11.1%
6.8%
10.0% Source: McGrath Research
10
Residential rents, by local area Based on the geography boundary defined by the Local Government Area
Spring/26
Houses
Apartments
Median rent
Change from a quarter ago
Change from a year ago
Median rent
Change from a quarter ago
Change from a year ago
Balonne
na
na
na
na
na
na
Banana
$455
1.1%
18.2%
na
na
na
Barcaldine
$340
0.0%
0.0%
na
na
na
Bundaberg
$605
0.0%
6.1%
$440
-1.1%
4.8%
Burdekin
$440
4.8%
33.3%
$340
6.3%
28.3%
Cairns
$695
1.5%
13.9%
$520
3.0%
9.5%
Cassowary Coast
$485
0.0%
10.2%
$355
-1.4%
14.5%
Central Highlands (Qld)
$485
1.0%
3.2%
$385
1.3%
10.0%
Charters Towers
$445
4.7%
15.6%
na
na
na
Cook
na
na
na
na
na
na
Douglas
$680
-1.4%
4.6%
$490
-15.5%
5.4%
Fraser Coast
$615
0.0%
5.1%
$490
6.5%
4.3%
Gladstone
$545
0.9%
4.8%
$430
0.0%
8.9%
Gold Coast
$1,065
1.4%
16.4%
$790
1.9%
6.0%
Goondiwindi
$550
0.0%
5.8%
$330
0.0%
-5.7%
Gympie
$590
2.6%
6.3%
$445
8.5%
7.2%
Hinchinbrook
$565
24.2%
31.4%
$290
-10.8%
-9.4%
Isaac
$515
-5.5%
5.1%
$460
0.0%
-17.1%
Livingstone
$685
2.2%
10.5%
$510
-2.9%
2.0%
Lockyer Valley
$630
5.9%
14.5%
$425
2.4%
6.3%
Longreach
$380
0.0%
11.8%
$220
10.0%
na
Regional Queensland Q2/26
Mackay
$675
1.5%
9.8%
$515
-2.8%
14.4%
Maranoa
$500
0.0%
11.1%
$315
0.0%
3.3%
Mareeba
$600
0.8%
4.3%
$380
2.7%
5.6%
Mount Isa
$495
2.1%
7.6%
$310
-1.6%
-1.6%
Murweh
na
na
na
na
na
na
Noosa
$985
2.6%
24.7%
$745
2.1%
2.8%
North Burnett
na
na
na
na
na
na
Rockhampton
$535
1.9%
8.1%
$430
3.6%
13.2%
Scenic Rim
$715
-2.1%
12.6%
$475
11.8%
na
Somerset
$575
0.9%
15.0%
na
na
na
South Burnett
$495
4.2%
11.2%
$375
2.7%
4.2%
Southern Downs
$540
0.9%
6.9%
$385
2.7%
14.9%
Sunshine Coast
$840
1.2%
9.8%
$680
0.7%
5.4%
Tablelands
$550
1.9%
10.0%
$385
1.3%
10.0%
Toowoomba
$590
0.9%
12.4%
$445
2.3%
6.0%
Townsville
$570
1.8%
10.7%
$450
3.4%
8.4%
Weipa
na
na
na
na
na
na
Western Downs
$525
6.1%
28.0%
$400
6.7%
12.7%
Whitsunday
$685
-6.2%
-8.1%
$545
2.8%
10.1%
11
Source: McGrath Research, Cotality
Definitions
Regional Queensland Regional Queensland refers to the area outside of ‘Greater Brisbane’ or ‘Rest of State’ for Queensland as defined by the Australian Bureau of Statistics. Interest rate target The cash rate target is the interest rate set by the Reserve Bank of Australia to influence borrowing costs, economic activity, and inflation across the economy.
Local Government Area A Local Government Area (LGA) is a defined geographic region administered by a local council responsible for community services, planning, and local regulations. The top 40 LGAs in the regional area have been included in this publication, ranked by total number of residential homes. This threshold helps ensure the LGA provides a sufficiently robust and reliable sample size for analysis.
Economic growth Economic growth is the rise in a country’s production of goods and services over time, reflecting how much the economy is expanding.
Population growth Population growth increases the number of people needing homes, boosting housing demand and influencing supply, prices, and future development needs.
Unemployment The unemployment rate measures the share of people in the labour force who are willing and able to work but currently without employment.
Sales Sales of residential homes refers to the number of houses or apartments sold within a specific area and time period, most commonly being reported within the quarter or year.
Sales velocity The length of time a property spends on the market from listing to exchange, with the duration measurement represented as being number of days.
Listing New listings are recently advertised homes, while total listings represent all properties currently for sale in the housing market at a given time.
Average price Average price is the calculation of prices or values divided by the number of properties. It represents the overall price level across a market and is useful for tracking trends over time.
Vacancy Total residential vacancy refers to the proportion of rental properties unoccupied and available for tenants at a specific point in time.
Yield Gross rental yield is the annual rental income of a property divided by its market value, showing the return before expenses.
Average weekly rent Average weekly rent is the calculation of rentals divided by the number of properties. It represents the overall rent level across a market and is useful for tracking trends over time.
Guiding you home
Michelle Ciesielski National Head of Research, McGrath Research www.mcgrath.com.au/research
Find an agent © McGrath Limited 2026 Disclaimer: This report is published for general information only and not to be relied upon in any way. Although high standards have been used in the preparation of the information, analysis, views and projections presented in this report, no responsibility or liability whatsoever can be accepted by McGrath Limited for any loss or damage resultant from any use of, reliance on or reference to the contents of this document. As a general report, this material does not necessarily represent the view of McGrath Limited in relation to particular properties or projects. Reproduction of this report in whole or in part is not allowed without prior written approval of McGrath Limited. McGrath trademarks are property of McGrath Limited.