Kalgoorlie-Boulder
WATier 1Positive
68
Signal score
VS
Shepparton
VICTier 2Near-Positive
54
Signal score

Research only. Not financial advice. Data: Q1 2025 indicative estimates from public sources. Verify independently.

Kalgoorlie-Boulder: Yield Advantage
6.4% vs 5.0%
Kalgoorlie-Boulder: Tighter Rental Market
0.8% vs 1.4% vacancy
Kalgoorlie-Boulder: Better Cashflow Position
Positive vs Near-Positive
Kalgoorlie-Boulder: Budget Policy Resilient
No NG required (proposed changes pending legislation)
Kalgoorlie-Boulder: Lower Investor Awareness
Emerging vs Known
Kalgoorlie-Boulder: Stronger Rent Momentum
+7% vs +5%
Kalgoorlie-Boulder: Higher Signal Score
68 vs 54

Kalgoorlie-Boulder offers a materially higher gross yield (6.4% vs 5.0%), making it the stronger income candidate at current prices. Kalgoorlie-Boulder achieves positive cashflow without negative gearing support, while Shepparton requires additional tax offset or rental growth to break even. Vacancy conditions favour Kalgoorlie-Boulder (0.8% vs 1.4%), 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
Shepparton
VIC · #19
Gross Yield6.4%5.0%
Vacancy Rate0.8%1.4%
Median Price$432k$468k
Weekly Rent$530/wk$450/wk
Net pre-costs pa+$5,096$-936
CashflowPositiveNear-Positive
Rent Growth 12m+7%+5%
Price Growth 12m+8%+5.5%
NG DependenceNoneLow
Discovery StatusEmergingKnown
Population30k64k
Cycle StageEarly-MidEarly-Mid
Policy Impact▲ STRONG UPGRADE▲ UPGRADED
Signal Score68 / Tier 154 / Tier 2
Kalgoorlie-Boulder

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.

Shepparton

5.0% yield on a 64,000-population city with Australia's largest tomato processing facility and a $400M hospital rebuild underway. The Food Valley precinct is creating permanent food-tech employment. Rent growth +5.0% will push to cashflow-positive within 18 months.

Kalgoorlie-Boulder: Sources

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

Shepparton: Sources

CoreLogic VIC Q1 2025 · REI Victoria Shepparton Q4 2024 · SQM Research · GV Health project update 2024 · Kagome Australia operations report · Greater Shepparton City Council economic data 2024

Data vintage: Q1 2025

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.