Research only. Not financial advice. Data: Q1 2025 indicative estimates from public sources. Verify independently.
Kalgoorlie-Boulder offers a materially higher gross yield (6.4% vs 2.7%), making it the stronger income candidate at current prices. Kalgoorlie-Boulder achieves positive cashflow without negative gearing support, while Newcastle requires additional tax offset or rental growth to break even. Vacancy conditions favour Kalgoorlie-Boulder (0.8% vs 1.8%), indicating tighter rental demand relative to supply.
Research context only. Not financial advice. Both markets carry distinct risks specific to their location, employment base, and economic profile. Read the individual suburb research pages before drawing conclusions. All policy references reflect proposed changes subject to final legislation.
| Metric | Kalgoorlie-Boulder WA · #8 | Newcastle NSW · #27 |
|---|---|---|
| Gross Yield | 6.4% | 2.7% |
| Vacancy Rate | 0.8% | 1.8% |
| Median Price | $432k | $1550k |
| Weekly Rent | $530/wk | $800/wk |
| Net pre-costs pa | +$5,096 | $-39,000 |
| Cashflow | Positive | Negative |
| Rent Growth 12m | +7% | +4.2% |
| Price Growth 12m | +8% | +4.8% |
| NG Dependence | None | High |
| Discovery Status | Emerging | Known |
| Population | 30k | 320k |
| Cycle Stage | Early-Mid | Mid |
| Policy Impact | ▲ STRONG UPGRADE | ▼ DOWNGRADED |
| Signal Score | 68 / Tier 1 | 41 / Tier 3 |
6.4% yield on a 30,000-population regional city with Australia's largest open-cut gold mine as anchor employer. Gold price at USD 2,300+/oz makes operations deeply profitable and workforce stable. Rent growth +7.0% outpacing price growth +8.0%. Liquidity is better than typical regional at this price point.
Newcastle's median house price at $1.55M now sits in the range of established capital city suburban markets. The investment case is lifestyle demand, coastal amenity, and employment diversification (John Hunter Hospital, University of Newcastle, defence, knowledge economy) — not yield or cashflow. At 2.5% gross yield, this market requires significant ongoing capital to hold at standard LVR rates. The 2026 NG policy change materially increases holding costs for new purchasers.
CoreLogic WA Q1 2025 · REIWA median house price Q4 2024 · SQM Research vacancy · WA Department of Mines production statistics 2024 · World Gold Council Q1 2025
Data vintage: Q1 2025
2026 median house data. Source: realestate.com.au. Data quality: imported. Verify before transacting.
Data vintage: 2026
The interactive tool lets you add up to 4 suburbs for a full side-by-side breakdown with score components.
Research only. Not financial advice. Data vintage Q1 2025 (indicative estimates from public sources). Verify all metrics independently with local property managers and licensed advisers before making any investment decision. All negative gearing and budget policy references reflect proposed changes subject to final legislation. Consult a registered tax adviser for personal tax position.