property
Bohle Plains stands out as the suburb with the highest rental yield for investors
Data from the past six months places this Townsville growth pocket ahead of Idalia and other northern areas on net returns.
How we reported this
Bohle Plains delivered the highest rental yield of any Townsville suburb in the June quarter, reaching 7.2 percent on median house prices.
The figure arrives as national auction clearance rates remain below 60 percent in Sydney and Melbourne while Queensland rents have climbed well past official Treasury forecasts. Townsville’s lower entry prices and consistent tenant demand from defence personnel keep local yields elevated even as borrowing costs stay high.
Most of the suburb’s rental stock sits within a five-minute drive of Lavarack Barracks, where postings continue to generate steady turnover. Investors also cite quick access to the Bohle Industrial Precinct, home to several logistics operators that employ shift workers seeking affordable three-bedroom homes.
Price and rent numbers behind the yield
CoreLogic records show the Bohle Plains median house price at $372,000 as of 30 June 2026. Average advertised rents reached $525 a week, producing the 7.2 percent gross yield once typical agent fees and vacancy allowances are applied. That compares with the statewide Queensland median of $390,000 and an average yield closer to 5.1 percent.
Idalia, the next strongest performer, sits at 6.4 percent on a higher median of $415,000. Stock levels in Bohle Plains remain tight, with Domain reporting only 28 houses listed for rent across the suburb last month against 47 in the same period in 2025.
What buyers should check before committing
Local agents recommend inspecting properties along Riverway Drive and within the newer estates off Beck Drive, where recent builds command the top rents. Prospective purchasers should obtain current strata records for any townhouses and verify flood mapping with Townsville City Council before signing contracts.
Yields can shift quickly if interest rates move or if new stock from Gardner Vaughan Group’s Gold Coast projects draws investor attention elsewhere. Checking weekly rental data on realestate.com.au and speaking with property managers who handle defence tenancies gives the clearest picture of likely cash flow over the next 12 months.
This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.