Top 5 Melbourne Suburbs for High Rental Yield in 2025

Melbourne’s real estate market continues to be an attractive option for property investors, with key suburbs offering strong rental yields and high tenant demand. For No8 Property Group investors, selecting the right suburb can make all the difference in securing a profitable investment. Here are the top five Melbourne suburbs that stand out for their impressive rental yields in 2025.

1. Officer

Located in Melbourne’s southeast, Officer has seen rapid development in recent years, making it a sought-after location for families and young professionals. With new schools, shopping precincts, and transport infrastructure, rental demand remains strong.

  • Median House Price: $650,000
  • Median Weekly Rent: $520
  • Rental Yield:2%

Officer’s continued growth, affordability, and community-oriented amenities make it an ideal choice for property investors seeking stable rental returns.

2. Clyde North

Clyde North has emerged as one of the fastest-growing suburbs in Melbourne. With an influx of new developments and a growing population, rental demand has surged, providing investors with a solid return on investment.

  • Median House Price: $680,000
  • Median Weekly Rent: $540
  • Rental Yield:1%

As infrastructure expands and new commercial hubs are developed, Clyde North is expected to remain a rental hotspot, making it a prime choice for investors.

 

3. Tarneit

Located in Melbourne’s west, Tarneit has become a rental yield powerhouse due to its affordability and strong tenant demand. With excellent public transport links and new developments, it continues to attract families and professionals.

  • Median House Price: $610,000
  • Median Weekly Rent: $500
  • Rental Yield:3%

Tarneit’s affordability and proximity to major employment hubs make it an excellent option for investors looking to maximize returns.

4.Springvale

Springvale, known for its vibrant multicultural community and strong rental demand, remains a high-yield suburb for investors. Its close proximity to public transport, major shopping centers, and employment opportunities makes it a prime location for tenants.

  • Median House Price: $880,000
  • Median Weekly Rent: $650
  • Rental Yield:5%

Springvale’s high tenant demand ensures low vacancy rates, making it a reliable choice for property investors.

5. Carlton

Carlton, located just north of Melbourne’s CBD, is a popular suburb for students, professionals, and city dwellers. With its vibrant lifestyle, historic architecture, and proximity to major universities, rental yields remain strong.

  • Median Unit Price: $450,000
  • Median Weekly Rent: $540
  • Rental Yield:2%

Carlton’s consistent rental demand, driven by its central location and strong student population, makes it an excellent investment opportunity.

Why Invest in These Suburbs?

Each of these suburbs offers unique advantages for property investors looking to secure high rental yields in Melbourne. Whether it’s the affordability of Officer and Tarneit, the rapid growth of Clyde North, the multicultural appeal of Springvale, or the student-driven demand in Carlton, these locations provide excellent opportunities for capital appreciation and rental income.

For No8 Property Group investors, selecting the right suburb is crucial in building a strong property portfolio. If you’re looking for expert guidance on Melbourne’s real estate market and high-yield investment opportunities, No8 Property Group is here to help.

Looking to invest in one of these high-yield suburbs? Contact No8 Property Group today and start your property investment journey with confidence.