Broadmeadows VIC rental yield sits at approximately 4.5% to 5.5% gross for houses and 5.0% to 6.2% gross for units in 2026, making it one of the more attractive northern suburbs for yield-focused investors in Melbourne. These figures reflect the suburb’s affordable entry price points combined with consistently strong rental demand driven by population growth and proximity to employment corridors.

What Is the Broadmeadows VIC Rental Yield Right Now?

According to CoreLogic data compiled in mid-2026, the median house price in Broadmeadows sits at approximately $560,000, while the median weekly rent for houses is around $490 per week. Plugging those figures into the standard gross yield formula (annual rent divided by purchase price, multiplied by 100) gives:

• Annual rental income (houses): $490 x 52 = $25,480
• Gross yield (houses): $25,480 / $560,000 x 100 = approximately 4.6%

For units, the picture is even more compelling. CoreLogic and SQM Research data for 2026 point to a median unit price of around $380,000 and a median weekly rent of approximately $410, producing:

• Annual rental income (units): $410 x 52 = $21,320
• Gross yield (units): $21,320 / $380,000 x 100 = approximately 5.6%

Net yield, which factors in ongoing costs such as property management fees, council rates, insurance, maintenance, and landlord insurance, typically reduces gross yield by 1.0% to 1.8% depending on the property type and management structure. That places net yields for Broadmeadows investors realistically in the 2.8% to 4.6% range.

For context, the Australian Tax Office (ATO) data on rental property deductions shows that investors in outer Melbourne suburbs often claim between $8,000 and $14,000 per year in allowable deductions, which can meaningfully improve after-tax cash flow and the effective net return. Investors should always confirm their individual position with a qualified tax adviser.

What Do the Key Numbers Say About Investing in Broadmeadows VIC?

Broadmeadows is part of the City of Hume, one of Victoria’s fastest-growing local government areas. According to the 2024 ABS population estimates, Hume LGA is projected to grow to over 300,000 residents by 2031, underpinning sustained rental demand across the area.

SQM Research’s most recent vacancy rate data shows Broadmeadows sitting at a vacancy rate of approximately 1.3% as of mid-2026, well below the 2.5% to 3.0% range that economists typically consider a balanced market. Tight vacancy means landlords retain strong pricing power and experience fewer extended void periods between tenancies.

Broadmeadows VIC Property: Price Growth and Rental Growth

CoreLogic’s rolling 12-month data to June 2026 indicates that house values in Broadmeadows have grown by approximately 4.2% over the past year, while unit values recorded growth of roughly 3.8%. Combined with the yield figures above, total return (yield plus capital growth) for houses approaches 8.5% to 9% on a gross basis, which is competitive against many inner-ring Melbourne suburbs where yields are compressed below 3%.

Rental growth has also been firm. According to SQM Research, asking rents in Broadmeadows rose by approximately 6.3% in the 12 months to June 2026, reflecting both the broader Melbourne rental market tightening and Broadmeadows-specific demand from workers accessing the Hume employment precinct and the Northern Hospital cluster.

How Does Broadmeadows Compare to Other Melbourne Suburbs?

Investors who have explored rental yield across Melbourne’s high-performing suburbs will note that Broadmeadows consistently appears in the upper tier for yield-to-price ratio. While suburbs like Northcote, Fitzroy North, and Brunswick command higher absolute rents, their purchase prices are so elevated that gross yields compress to the 2.5% to 3.5% range. Broadmeadows offers a materially higher yield from a lower capital base, which suits investors prioritising cash flow over immediate prestige.

What Are the Key Considerations Before Investing in Broadmeadows VIC?

Understanding the rental yield in Broadmeadows VIC is only the starting point. Investors need to look beyond the headline number and assess the full risk-return profile of any individual property.

Property Type and Configuration

Not all Broadmeadows properties yield equally. Three-bedroom houses on standard blocks in established streets typically achieve stronger rental demand and lower vacancy than one-bedroom units in older walk-up complexes. According to property managers active in the area, three-bedroom houses with off-street parking and a lock-up garage can command a 5% to 8% rental premium over comparable properties without those features.

For investors considering investment properties across Melbourne, it is worth noting that newer townhouses and dual-occupancy configurations in Broadmeadows are gaining traction among tenants who want more space than an apartment but cannot yet afford to buy. This demographic tends to produce more stable, longer-term tenancies.

Strata and Body Corporate Costs

Units within strata-titled complexes carry body corporate levies that reduce net yield. In Broadmeadows, body corporate fees for older-style unit blocks average between $1,800 and $4,500 per year, depending on building size, age, and whether shared facilities like lifts or pools are included. Always obtain a full strata report before purchase.

Tenant Demand Drivers

Broadmeadows benefits from several structural demand drivers that underpin rental stability:

• Proximity to the Hume Global Learning Village and TAFE campuses, which attract student and young professional renters
• Access to the Broadmeadows train station, providing a direct commute to Melbourne CBD in approximately 35 minutes
• The ongoing urban renewal of the Broadmeadows Town Centre, which has attracted new retail and commercial tenants
• Relatively affordable rents compared to inner-north suburbs, making the area attractive to essential workers and families
• Strong community infrastructure including health services, schools, and parks

Land Tax and Holding Costs

Victoria’s land tax thresholds mean that investors holding properties with a site value above the current threshold (set by the State Revenue Office of Victoria) will face ongoing land tax obligations. For a typical Broadmeadows house site, land tax liability is generally modest at the individual property level but accumulates across a portfolio. Investors should factor this into net yield calculations before committing.

How Does Collings Real Estate Help Investors in Broadmeadows VIC?

Collings Real Estate has been active across Melbourne’s northern and inner suburbs for decades, working with yield-focused investors who want data-backed decisions rather than speculation. Whether you are entering the Broadmeadows market for the first time or expanding an existing portfolio, the Collings team provides:

• Rental appraisals grounded in current comparable leases, not optimistic projections
• Tenant placement and screening to minimise vacancy and protect your asset
• Property management across the City of Hume and surrounding LGAs
• Access to off-market opportunities that never appear on public portals

Investors looking for broader opportunities across Melbourne’s northern growth corridor can also explore high-yield units and townhouses listed by Collings, including properties suited to the buy-and-hold strategies that Broadmeadows favours.

For investors who want early access to properties before they hit the market, the Collings off-market portal is a practical starting point. Register at collings.com.au/portal to receive off-market alerts tailored to your investment criteria and target yield range.

To speak directly with a Collings property strategist about rental yield in Broadmeadows VIC and how it fits your investment goals, contact the team:

• Phone: 03 9486 2000
• Email: info@collings.com.au
• Office: 230 Waterdale Road, Ivanhoe, VIC 3079

Frequently Asked Questions About Broadmeadows VIC Rental Yield

What is the average gross rental yield in Broadmeadows VIC?

Based on mid-2026 CoreLogic and SQM Research data, the average gross rental yield in Broadmeadows is approximately 4.6% for houses and 5.6% for units. These figures reflect median prices and median weekly rents as reported across the suburb.

Is Broadmeadows a good suburb for property investment?

Broadmeadows offers above-average rental yields for Melbourne, a vacancy rate of approximately 1.3% (SQM Research, mid-2026), and annual rental growth of around 6.3%. Combined with affordable entry prices and strong population growth in the City of Hume, it presents a compelling case for yield-focused investors.

What is the vacancy rate in Broadmeadows VIC?

According to SQM Research data for mid-2026, the vacancy rate in Broadmeadows is approximately 1.3%, which is well below the balanced-market benchmark of 2.5% to 3.0% and indicates consistently strong rental demand.

How much do properties rent for in Broadmeadows?

As of mid-2026, the median weekly rent for a house in Broadmeadows is approximately $490 per week, while the median for units is around $410 per week, based on CoreLogic and SQM Research tracking data.

What is the difference between gross and net rental yield?

Gross yield is calculated as annual rent divided by purchase price. Net yield deducts ongoing holding costs including property management fees, rates, insurance, and maintenance. In Broadmeadows, the gap between gross and net yield is typically 1.0% to 1.8%, depending on property type and cost structure.

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