Peregian Springs has emerged as the top gross rental yield performer within the Sunshine Coast-Ipswich-Gold Coast “golden triangle.” It was the only suburb to pull double digits according to the RP Data Corelogic Suburb Scorecard. Peregian Springs’ investors gained 10.53% gross rental yield over the past year. Units bought at a median price of $246,875 in the period could achieve a rental midpoint of $500 per week. There are currently not enough properties to meet demand primarily driven by families wanting to get in the catchment area for Peregian State School and to be close to St Andrew’s Anglican College.
Second to Peregian Springs was Yaroomba with an 8.7% gross rental yield over the past year.
Source: News Limited
