The 40 highest-yielding Victoria suburbs in our data, ranked by estimated gross rental yield from government price and rent records. Use it as a first-pass research shortlist, then verify current listings and local risks before deciding.
Ranked by gross rental yield (annual rent ÷ median price) from public datasets. A high yield can reflect lower capital growth, higher vacancy or a small sample — confirm rent, price, property type and tenant demand before deciding.
| Rank | Suburb | Gross yield | Median price | Weekly rent | Research links |
|---|---|---|---|---|---|
| 1 | Strathmerton VIC | 6.74% | $162,000 | $210/wk | |
| 2 | Maffra VIC | 5.67% | $412,500 | $450/wk | |
| 3 | Morwell VIC | 5.57% | $355,000 | $380/wk | |
| 4 | Bairnsdale VIC | 5.56% | $430,000 | $460/wk | |
| 5 | Portland VIC | 5.49% | $397,500 | $420/wk | |
| 6 | Horsham VIC | 5.34% | $379,500 | $390/wk | |
| 7 | Minyip VIC | 5.30% | $160,000 | $163/wk | |
| 8 | Nhill VIC | 5.12% | $203,000 | $200/wk | |
| 9 | Benalla VIC | 5.11% | $457,500 | $450/wk | |
| 10 | Shepparton VIC | 5.03% | $476,000 | $460/wk | |
| 11 | Hamilton VIC | 4.95% | $389,000 | $370/wk | |
| 12 | Sebastopol VIC | 4.81% | $465,000 | $430/wk | |
| 13 | Hopetoun VIC | 4.80% | $162,500 | $150/wk | |
| 14 | Sale VIC | 4.80% | $488,000 | $450/wk | |
| 15 | Moe VIC | 4.68% | $433,000 | $390/wk | |
| 16 | Swan Hill VIC | 4.66% | $480,300 | $430/wk | |
| 17 | Mildura VIC | 4.61% | $518,500 | $460/wk | |
| 18 | Melton VIC | 4.59% | $510,000 | $450/wk | |
| 19 | Warracknabeal VIC | 4.57% | $205,000 | $180/wk | |
| 20 | Seymour VIC | 4.56% | $467,500 | $410/wk | |
| 21 | Wendouree VIC | 4.56% | $502,000 | $440/wk | |
| 22 | Golden Square VIC | 4.49% | $550,000 | $475/wk | |
| 23 | Violet Town VIC | 4.48% | $290,000 | $250/wk | |
| 24 | Traralgon VIC | 4.48% | $522,500 | $450/wk | |
| 25 | North Bendigo VIC | 4.46% | $560,000 | $480/wk | |
| 26 | Kangaroo Flat VIC | 4.45% | $555,000 | $475/wk | |
| 27 | Warragul VIC | 4.40% | $650,000 | $550/wk | |
| 28 | Wodonga VIC | 4.33% | $601,000 | $500/wk | |
| 29 | Broadmeadows VIC | 4.32% | $620,000 | $515/wk | |
| 30 | Hampton Park VIC | 4.31% | $675,000 | $560/wk | |
| 31 | Katunga VIC | 4.30% | $290,000 | $240/wk | |
| 32 | Ouyen VIC | 4.29% | $200,000 | $165/wk | |
| 33 | Newborough VIC | 4.27% | $475,000 | $390/wk | |
| 34 | Warrnambool VIC | 4.27% | $609,000 | $500/wk | |
| 35 | Cranbourne VIC | 4.23% | $713,500 | $580/wk | |
| 36 | Hastings VIC | 4.16% | $725,000 | $580/wk | |
| 37 | Lara VIC | 4.16% | $687,500 | $550/wk | |
| 38 | Delacombe VIC | 4.10% | $545,000 | $430/wk | |
| 39 | Mount Clear VIC | 4.07% | $536,000 | $420/wk | |
| 40 | Pakenham VIC | 4.07% | $690,000 | $540/wk |
Based on gross rental yield, the top Victoria candidates this list surfaces include Strathmerton, Maffra, Morwell. Yield is one signal only — verify price, rent, vacancy and local risks before buying.
Suburbs are ranked by estimated gross rental yield (annual rent ÷ median price) from public price and rent datasets, filtered to plausible price and yield ranges to exclude stale-data outliers.
Not on its own. High yield can reflect lower capital-growth areas, higher vacancy or thin sample sizes. Treat this as a research shortlist and confirm with current listings and a qualified adviser.
Check vacancy, local employment, property condition, insurance, flood exposure and tenant demand before relying on a yield figure.
Take a promising Victoria suburb into the calculator to model repayments, rent and holding-cost assumptions.