Top Positive Geared Suburbs in Victoria for 2026
The Victorian property market has undergone significant shifts over the past 24 months. While Melbourne metro areas are seeing moderate capital growth, regional Victoria has emerged as a powerhouse for yield-seeking property investors.
If you are looking to build a self-sustaining portfolio, here are the top regional Victorian suburbs combining high yields with strong positive gearing potential in 2026.
1. Murtoa (VIC 3401)
Located in the Wimmera region, Murtoa offers extremely low entry prices combined with high rental demand.
- Median House Price: $167,000
- Average Weekly Rent: $270 - $310
- Average Rental Yield: 7.3%
- Verdict: An excellent option for entry-level investors looking for a highly positive cash-flow asset that pays for itself from day one.
2. Warracknabeal (VIC 3393)
Warracknabeal is a major agricultural hub in the Wheatbelt, attracting stable long-term tenants in farming, healthcare, and education.
- Median House Price: $180,000
- Average Weekly Rent: $280 - $320
- Average Rental Yield: 7.1%
- Verdict: Consistent low vacancy rates make this a reliable income generator.
3. Mildura (VIC 3500)
For investors wanting a larger regional center with robust infrastructure, schools, and airport connectivity, Mildura is the top choice.
- Median House Price: $425,000
- Average Weekly Rent: $460 - $500
- Average Rental Yield: 5.9%
- Verdict: Offers a healthy balance of strong rental returns and higher long-term capital appreciation due to its status as a major regional city.
Why Regional Victoria?
Regional Victoria benefits from a steady decentralization trend, as more Australians relocate from Melbourne in search of lifestyle and affordability. This has created a rental supply crunch in regional hubs, driving rental yields to historic highs.
When coupled with low median house prices, regional properties require far smaller deposits, lower stamp duty, and generate immediate positive cash flow that can offset holding costs on metro properties.