Hervey Bay is displaying strong investment fundamentals as of May 2026. With a vacancy rate of just 0.6%, rental properties in Hervey Bay are being absorbed rapidly by tenants — a clear signal of demand significantly exceeding supply. Days on market currently sit at 23 days, indicating buyers are competing actively for available stock.
Property values have grown 10.2% over the past 12 months, reflecting genuine market momentum and strong buyer competition. Rental yields of 7.2% provide solid income returns above the national average of approximately 4.5%. Building approvals in the area have declined 7.3% 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 90/100 score — placing Hervey Bay among the top-performing suburbs nationally.
Hervey Bay is particularly suited to cashflow-focused investors. The 7.2% rental yield is above the national average, offering solid income potential.
Based on PropTime's analysis of 15 demand and supply indicators, Hervey Bay scores 90/100 — a Strong Buy signal. Key indicators include a 0.6% vacancy rate, 7.2% rental yield, and 10.2% 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 Hervey Bay data.
The current vacancy rate in Hervey Bay 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 Hervey Bay is 7.2%. The Australian national average is approximately 4.5%, so Hervey Bay is above average — a positive sign for cashflow investors. Use PropTime's free cashflow calculator to model the full weekly cashflow for Hervey Bay.
PropTime's composite model scores Hervey Bay at 90/100 as of May 2026. Strong price growth of 10.2% over the past 12 months suggests positive momentum. Create a free PropTime account to access the full 15-factor analysis for Hervey Bay.
Hervey Bay scores 90/100 on PropTime. Similar suburbs by score include Biloela, Bowen, Gympie, all within the same QLD market.