Example · illustrative data

What comes back.

A $600,000 budget at a 5.5% yield target, searched nationally. Property links here open live portal searches for each suburb; a real run links to the individual listings found on the day.

Your brief

$600k max · 5.5%+ yield · Australia-wide

Conditions favour yield-focused buyers in outer-ring suburbs of Adelaide and Brisbane, where vacancy remains under 1.5% and median prices still sit well inside a $600,000 budget. Rate expectations have stabilised, which historically precedes renewed competition for exactly this price bracket.

Your shortlist

Bars run 0–10. Risk is the only one where a shorter bar is better.

#1

Elizabeth Park SA

Strong Buy · 3BR house on 600m²+ land

Property Pulse
87/100
Growth8.7
Rental demand9.0
Yield7.9
Affordability6.9
Risk2.6
Vacancy is tight
Evidence0.8% vacancy rate
Rental competition remains strong.
Yield clears your target
Evidence5.8% gross · $490/wk
0.3 points above the 5.5% you asked for.
Priced under your budget
Evidence$162,000 below $600,000
Leaves room for costs, or a second purchase.
1 property found here

Sample 3-bedroom house, Elizabeth Park

$438,000

5.8% yield · $490/wk · 620m² land · Domain

  • 5.8% gross yield
  • 620m² land
  • $162,000 under budget

Check first — Confirm the distance to the nearest housing commission cluster — it varies street by street here and materially affects resale.

View the listing ↗
Search realestate.com.au ↗Search Domain ↗
#2

Blair Athol SA

Strong Buy · 3BR house on 550m²+ land

Property Pulse
85/100
Growth8.5
Rental demand8.4
Yield7.0
Affordability5.0
Risk4.4
Vacancy is tight
Evidence1% vacancy rate
Rental competition remains strong.
Yield clears your target
Evidence5.5% gross · $600/wk
0 points above the 5.5% you asked for.
Priced under your budget
Evidence$35,000 below $600,000
Enough left for stamp duty and buying costs.
1 property found here

Sample 3-bedroom house, Blair Athol

$565,000

5.5% yield · $600/wk · 580m² land · Domain

  • 5.5% gross yield
  • 580m² land
  • $35,000 under budget

Check first — Check the council zoning overlay before offering — parts of Blair Athol permit higher-density redevelopment next door.

View the listing ↗
Search realestate.com.au ↗Search Domain ↗
#3

Logan Central QLD

Strong Buy · 4BR house on 600m²+ land

Property Pulse
83/100
Growth8.3
Rental demand8.1
Yield7.3
Affordability4.6
Risk4.5
Vacancy is tight
Evidence1.1% vacancy rate
Rental competition remains strong.
Yield clears your target
Evidence5.6% gross · $640/wk
0.1 points above the 5.5% you asked for.
Priced under your budget
Evidence$8,000 below $600,000
Enough left for stamp duty and buying costs.
1 property found here

Sample 4-bedroom house, Logan Central

$592,000

5.6% yield · $640/wk · 610m² land · Domain

  • 5.6% gross yield
  • 610m² land
  • $8,000 under budget

Check first — Logan Central has flood-affected pockets — pull the council flood overlay for the specific lot, not the suburb.

View the listing ↗
Search realestate.com.au ↗Search Domain ↗
#4

Kingston QLD

Buy · 3BR house on 600m²+ land

Property Pulse
81/100
Growth8.1
Rental demand7.8
Yield7.0
Affordability5.2
Risk4.6
Vacancy is tight
Evidence1.2% vacancy rate
Rental competition remains strong.
Yield clears your target
Evidence5.5% gross · $590/wk
0 points above the 5.5% you asked for.
Priced under your budget
Evidence$45,000 below $600,000
Enough left for stamp duty and buying costs.
1 property found here

Sample 3-bedroom house, Kingston

$555,000

5.5% yield · $590/wk · 640m² land · Domain

  • 5.5% gross yield
  • 640m² land
  • $45,000 under budget

Check first — Verify the property is not on a main road — Kingston's arterials cut through several otherwise strong streets.

View the listing ↗
Search realestate.com.au ↗Search Domain ↗
#5

Armidale NSW

Buy · 3BR house on 650m²+ land

Property Pulse
79/100
Growth7.9
Rental demand7.4
Yield7.3
Affordability5.7
Risk4.3
Vacancy has room in it
Evidence1.3% vacancy rate
Budget for a longer gap between tenants.
Yield clears your target
Evidence5.6% gross · $560/wk
0.1 points above the 5.5% you asked for.
Priced under your budget
Evidence$81,000 below $600,000
Enough left for stamp duty and buying costs.
1 property found here

Sample 3-bedroom house, Armidale

$519,000

5.6% yield · $560/wk · 700m² land · Domain

  • 5.6% gross yield
  • 700m² land
  • $81,000 under budget

Check first — Student-driven demand is seasonal — budget for a longer vacancy window over the summer break.

View the listing ↗
Search realestate.com.au ↗Search Domain ↗

About these properties

These come from a live search of Australian property portals at the moment this report ran. The agent matches them to your brief as closely as it can, but it can miss listings, include near-misses that do not meet every criterion, and cannot see anything sold or withdrawn since. Treat them as a starting point for your own search, not a verified shortlist — always open the listing and confirm the price, availability and details yourself.

Use the portal search links under each location to see everything currently on the market there.

This is an illustrative sample. A real run returns individual listing pages found live on the day you search.

Ranked 6–10

LocationPulseMedian
6Davoren Park SABuy77$390k
7Woodridge QLDBuy75$548k
8Smithfield Plains SAConsider73$379k
9Deception Bay QLDConsider71$580k
10Orange NSWConsider69$585k

Before you offer

  1. 01Open the five listings above and shortlist the two that best match your finance position.
  2. 02For each shortlisted property, pull the council flood, bushfire and zoning overlays for that specific lot — not the suburb.
  3. 03Confirm the achievable weekly rent with two local property managers before relying on the yield estimate.
  4. 04Verify the land-to-asset ratio from the contract's site plan, targeting above 60%.

Figures are estimates and listings change daily. Verify everything independently before making an offer.

Run it on your numbers.

Your budget, your yield target, and listings from the day you search.

Find properties