Chevron Island is displaying strong investment fundamentals as of May 2026. With a vacancy rate of just 0.6%, rental properties in Chevron Island are being absorbed rapidly by tenants — a clear signal of demand significantly exceeding supply. Days on market currently sit at 21 days, indicating buyers are competing actively for available stock.
Property values have grown 12.1% over the past 12 months, reflecting genuine market momentum and strong buyer competition. Rental yields of 6.7% provide solid income returns above the national average of approximately 4.5%. Building approvals in the area have declined 1.5% over the past 12 months, limiting future supply and supporting property values.
PropTime's composite model weighs these and 12 additional indicators to produce the 87/100 score — placing Chevron Island among the top-performing suburbs nationally.
Chevron Island presents a balanced profile with reasonable indicators across both growth and income metrics.
Based on PropTime's analysis of 15 demand and supply indicators, Chevron Island scores 87/100 — a Strong Buy signal. Key indicators include a 0.6% vacancy rate, 6.7% rental yield, and 12.1% price growth over the past 12 months. Create a free PropTime account to see the complete 15-factor breakdown and cashflow calculator pre-filled with Chevron Island data.
The current vacancy rate in Chevron Island is 0.6%. This is below 1%, indicating very tight rental demand. Properties are being leased quickly and tenants are competing for available rentals.
The gross rental yield in Chevron Island is 6.7%. The Australian national average is approximately 4.5%, so Chevron Island is above average — a positive sign for cashflow investors. Use PropTime's free cashflow calculator to model the full weekly cashflow for Chevron Island.
PropTime's composite model scores Chevron Island at 87/100 as of May 2026. Strong price growth of 12.1% over the past 12 months suggests positive momentum. Create a free PropTime account to access the full 15-factor analysis for Chevron Island.
Chevron Island scores 87/100 on PropTime. Similar suburbs by score include Biloela, Bowen, Hervey Bay, all within the same QLD market.