Positive gearing suburbs in Australia’s hottest property market
Strong rents easily cover repayments in 57 suburbs of Western Australia
3 min
Western Australia remains Australia’s strongest property market, with home values up 23.2% to a median price of $751,000 in Perth and 14.9% to a median of $528,000 in regional Western Australia over the year to August. This is the highest rate of annual capital growth among Australia’s capital cities and regional areas, according to Proptrack data.
Rents have also risen more in Western Australia than anywhere else. The latest available Proptrack data covering the March quarter shows a 15.5% annual increase in rents in Perth and a 14.3% uplift in regional Western Australia. The state has also seen the strongest growth in property investment lending as investors from all over the country seek to buy in the booming market. Proptrack economic analyst Megan Lieu said investor lending in Western Australia was 48% higher in the June quarter compared to the same period last year, according to Australian Bureau of Statistics data.
Rapid increases in weekly rents have led to more suburbs across the country offering positive gearing opportunities for investors. Proptrack has identified 140 positive gearing suburbs nationwide where rental returns entirely cover the investment loan repayments for investors.
“Rent growth has … outpaced home price growth over the last 12 months, making conditions increasingly favourable for investors,” Ms Lieu said. “While many of them are benefiting from the current market, those with properties in select suburbs are not only seeing their rental income cover their mortgage but also deliver positive cash flow.”
The data shows Western Australia has 57 positive gearing suburbs, which is the most of any state and territory. Examples of these suburbs are listed below. The data assumes a 30-year loan at an 80% loan-to-value ratio (LVR) with an interest rate of 6.52%.
Positive gearing suburbs in Western Australia
Baynton
Baynton is in the Pilbara mining region and is the best positive gearing suburb in the state. Investors can cover their mortgage repayments with $2,100 per month to spare, according to Proptrack data. A typical house in Baynton costs a median of $682,500 and fetches $5,600 per month in rent. This is more than enough to cover the monthly loan repayment of $3,458.
Kambalda West
Kambalda West is in the Goldfields-Esperance mining region of Western Australia. A typical house costs $180,000 and rents for $1,520 per month. The mortgage costs $912 per month, which gives investors surplus cash of $607 per month to help cover other expenses like council and water rates.
Port Headland
Port Hedland is the second largest town in the Pilbara mining region and another strong positive gearing suburb. The median house price is $730,000 and the rental return is $4,900 per month. The investment loan repayment costs $3,698 per month, leaving the investor with $1,201 per month in their pocket. Investors on a lower budget can buy an apartment for a median of $474,396, which will rent for $3,200 per month and easily cover the mortgage of $2,403 per month.
Cable Beach
In the Broome region of Western Australia, Cable Beach sits on a 22km stretch of white sandy coastline along the Indian Ocean. The suburb was named after a telegraph cable that was laid between Broome and Java in 1889. Cable Beach houses have a median price tag of $670,000 and rent for $3,930 per month which is more than enough to cover the loan repayment of $3,394 per month.
Perth CBD
Investors can purchase a unit for a median of $465,000 and rent it out for $2,480 per month in Perth CBD. While the loan repayment gobbles up most of this, costing $2,356 per month, it is a notable rarity for a CBD suburb in the centre of an Australian capital city to deliver positive gearing.
Mosman Park
Mosman Park is an affluent suburb along the Swan River in Perth. An Australian house price record was set here in 2009 when mining magnate Chris Ellison bought a waterfront mansion for $52.5 million. Property investors can achieve positive gearing in this suburb with apartments. The median unit costs $380,000 and commands $2,000 per month in rent. This covers the monthly mortgage repayment of $1,925.
Somerville
Somerville is a positive gearing suburb in the city of Kalgoorlie-Boulder in the state’s Eastern Goldfields region. An investment unit here will cost a median of $282,000 and command a monthly rent of $2,440. This easily covers the loan repayment of $1,428 per month, with more than $1,000 to spare.
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Fitness entrepreneur and social media personality Tammy Hembrow has put her Broadbeach Waters mansion on the market, ending a six-year stint in the riverfront home she has regularly featured in content shared with her millions of followers.
Hembrow bought the property in June 2020 for $2.88 million.
Sitting on an oversized 979sqm allotment with north-east orientation and more than 30 metres of river frontage, the double-storey residence is set behind security gates at the end of a quiet cul-de-sac.
The home has been a fixture of Hembrow’s online presence for years, serving as the backdrop to family life and business updates for the mother-of-three, who also lived there with her former husband, Love Island Australia star Matt Zukowski, before the pair separated in mid-2025 following a brief marriage.
Inside, the residence centres on an open-plan kitchen, lounge and dining area that opens onto the pool and alfresco entertaining space, designed to make the most of the Gold Coast’s indoor-outdoor lifestyle.
Upstairs, the master suite includes a walk-through robe, dedicated dressing room and ensuite, alongside two further bedrooms, while a fourth bedroom downstairs offers separate access for guests or extended family. A multi-purpose room adds flexibility for use as a media room, home office or children’s retreat.
Outdoor features include a tiled pool, built-in barbecue and bar area, firepit and private boat ramp — amenities suited to the waterfront entertaining lifestyle the Broadbeach Waters pocket is known for.
The property is being marketed by Jay Helprin of Ray White through an expressions of interest campaign, with private inspections only and no scheduled public opens.
Hembrow, who built her public profile from 2014, documenting her fitness journey through three pregnancies, went on to launch fitness app TammyFit, which has since been downloaded more than a million times.
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