$170K in a year: Aussie suburbs defying property norms

A key number of affordable Aussie suburbs have delivered double-digit returns over the past year, outpacing the national property market, new data shows.

From Townsville to Bunbury, the latest Pulse report by Washington Brown and Hotspotting, reveals a suite of property markets where investors made substantial capital gains while still enjoying significant yields – proving that the so-called trade-off between yield and growth is anything but a rule.

Aitkenvale in Townsville, QLD led the charge, with house prices skyrocketing 40 per cent, translating to a capital gain of $170,000 on a median-priced property over the past year. Midland in WA followed closely, boasting a 35 per cent price surge and gains of $167,000, while Park Avenue in Rockhampton, QLD, climbed 33 per cent, netting $140,000.

Other standout markets included Kin Kora in Gladstone, QLD, which recorded gains of $150,000 (30 per cent), Carey Park, in Bunbury, WA ($130,000), Berserker, Rockhampton, QLD ($126,000), Balga, Stirling, WA, ($155,000), Withers, Bunbury, WA, ($125,000), Kirwan, Townsville, QLD ($136,000), and Salisbury North, SA ($140,000).

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Townsville in North Queensland has emerged as Australia’s number one investor hotspot.

“We’ve long been told you can’t have your cake and eat it too in property – growth or yield, not both. But that’s simply not true,” Washington Brown Director Tyron Hyde said.

“The locations identified in The Pulse consistently deliver on both fronts, giving savvy investors a genuine opportunity to build wealth.”

The Pulse revealed that the average growth across its top 50 selected locations from last year was 18 per cent, at a time when the national average was just two to three per cent.

“That equates to an average investor gain of $93,000, compared to less than $25,000 nationally,” Mr Hyde said.

“These aren’t random lottery wins – they’re the result of data-led investing. And with the right advice, everyday investors can still access markets where price and yield work hand-in-hand.

“Nowhere was this more evident than in Aitkenvale in Townsville, where house prices rocketed 40 per cent – translating to a capital gain of $170,000 on a median-priced property over the past year.”

Washington Brown Director Tyron Hyde said Australia’s property market offered big gains for investors if they know where to look.

Hotspotting Director Terry Ryder said many of the top-performing house markets were not even on the radar of mainstream property coverage, yet they’ve outpaced capital city averages by a wide margin.

“In places like Kin Kora, Withers, and Berserker, we’re seeing gains of 25 per cent to 30 per cent in one year, at a time when national growth is hovering around three per cent. It sends a strong signal that investors should be looking beyond the usual suspects,” he said.

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