Zeehan tops Australia's 10 highest yielding suburbs for houses: PropertyValue.com.au

Zeehan tops the list of the 10 highest yielding suburbs for houses across Australia, according to PropertyValue.com.au.

1. Zeehan, West Coast, TAS
Rental Obs: 61
AVM Rental Yield: 8.9%
Zeehan is located approximately 139 kilometres south-west of Burnie on the west coast of Tasmania.

The median price for a home in Zeehan is $65,000, according to CoreLogic RP Data.

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2. Broken Hill, Far West, NSW
Rental Obs: 441
AVM Rental Yield: 8.7%
Broken Hill is an isolated mining town with the closest major city (Adelaide) more than 500 kilometres away. Broken Hill is Australia's longest-established mining city and in 2011, 74.6% of homes were owner-occupied.

The median price for a home in Broken Hill is $122,500, according to CoreLogic RP Data.

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3. Coonamble, North Western, NSW
Rental Obs: 64
AVM Rental Yield: 8.1%
Coonamble is located 575 kilometres north west of Sydney. Coonamble had a population of 3,002 at the 2011 Census.

The median price for a home in Coonamble is $145,000, according to CoreLogic RP Data.

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4. Queenstown, West Coast, TAS
Rental Obs: 107
AVM Rental Yield: 8.0%
According to 2011 Census data, 70.4 per cent of homes in Queenstown were owner-occupied and the population was only 1,976.

The median price for a home in Queenstown is $64,000, according to CoreLogic RP Data.

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5. Kambalda East, South Eastern, WA
Rental Obs: 83
AVM Rental Yield: 7.8%
Kambalda East had a population of 851 at the 2011 Census and 56.6 per cent of homes were owner-occupied.

The median price for a home in Kambalda East is currently wavering, according to CoreLogic RP Data.

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6. West Kempsey, Mid-North Coast, NSW

Rental Obs: 99
AVM Rental Yield: 7.7%
West Kempsey is located 15 kilometres inland from the Pacific Ocean. Surrounding suburbs include Euroka, Greenhill and Kempsey.

The median price for a home in West Kempsey is $200,000, according to CoreLogic RP Data.

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7. Bordertown, South East, SA

Rental Obs: 58
AVM Rental Yield: 7.7%
Bordertown is located 272 kilometres south east of Adelaide near the South Australian and Victorian border.

The median price for a home in Bordertown is $150,000, according to CoreLogic RP Data.

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8. Bridgewater, Greater Hobart, TAS

Rental Obs: 58
AVM Rental Yield: 7.6%
Bridgewater sits on the Derwent River, 19 kilometres from the Hobart CBD. Neighbouring suburbs include Gagebrook and Brighton.

The median price for a home in Bridgewater is $162,113, according to CoreLogic RP Data.

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9. Port Pirie West, Northern, SA

Rental Obs: 58
AVM Rental Yield: 7.5%
The population of Port Pirie West was 2,775 according to 2011 Census data. Neighbouring suburbs include Risdon Park.

The median price for a home in Port Pirie West is $100,000, according to CoreLogic RP Data.

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10. Ravenswood, Northern, TAS

Rental Obs: 61
AVM Rental Yield: 7.5%
Ravenswood is located 3.5 kilometres from Launceston. In 2011, 47.1 per cent of homes were owner-occupied.

The median price for a home in Ravenswood is $141,000, according to CoreLogic RP Data.

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