Handle Properties

Handle Properties · Market Intelligence

Why a $290k apartment is outperforming a $1.2M house.

Where apartment prices have diverged furthest from house prices in the same postcode, and yield is doing the catching up. 38 markets screened, all clearing 6% gross yield.

$170M+ transacted
2026 edition
4 of 38 markets, actively buying
Why a $290k Apartment Is Outperforming a $1.2M House, report cover

In this report

  • 38 apartment markets screened at 6%+ yield
  • The 4 markets we're actually buying in
  • The Handle FLOW cashflow strategy
  • Full price, yield and divergence data

Free. 12 pages. Straight to your inbox.

38 markets screened, one clear pattern

The bigger the gap between house and apartment prices, the harder the yield works to close it.

5.16x
Highest divergence found · Essendon, VIC
7.86%
Highest gross yield on the list · Albion, VIC
4
Markets we're actively buying in right now
34
That didn't make our cut, and why is in the report

Divergence is the price gap between a house and an apartment in the same postcode. Gross yield excludes strata, vacancy and finance costs. This is a screening tool, not a recommendation. Prices are scraped third party estimates, not verified valuations.

A house can cost five times what the apartment next door does.

That gap is not always a warning sign.

Sometimes it is the yield catching up before the market notices. This report shows you exactly where, and where it is not, across 38 postcodes.

Free. No call required.

How we screened it

And why we're not buying all 38 of them.

A wide price gap between a house and an apartment in the same postcode can mean the apartment is cheap for a reason, or that the market hasn't repriced it yet. Here's what we measured to tell the difference.

Divergence

The price gap between a house and an apartment in the same postcode.

Gross yield

6% floor. Several markets in the report clear 7%+.

Stock & vacancy

Oversupply proxies. High yield plus high vacancy is a trap.

IRSAD & schools

Who actually wants to live there, not just the yield.

The screen

This is a screen, not a recommendation. Some of these 38 markets carry real risk. High yield on a spreadsheet isn't the same as a good asset in the ground.

The 4 we're buying

We're actively buying in 4 of these 38 markets. The report names which, and why the other 34 didn't clear our own bar.

5.16x
Essendon, VIC
Highest divergence, 6.21% yield
7.51%
Carlton, VIC
4.34x divergence, ideal yield band
7.37%
Marcoola, QLD
3.60x divergence, ideal yield band

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Twelve pages

What's Inside

The full 38 market screen

Every suburb ranked by divergence and yield: apartment price, house price, gross yield, and whether it clears our 7%+ ideal band.

The 4 markets we're actually buying in

38 markets clear the yield bar. Four clear ours. The report names which, and what separated them from the other 34.

The Handle FLOW strategy in action

Two real boutique unit case studies: purchase price, gross yield, and the low strata detail that keeps the cashflow clean.

How we screen out the oversupply traps

Stock on market, vacancy rate, IRSAD and school rank, so a high yield never gets read in isolation from who actually wants to live there.

Every data source disclosed

Where the prices came from, what they don't include, and exactly how to read the table before you act on any of it.

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Who's behind this

We do not teach this. We live it.

Not a research note written by an analyst who has never bought a unit. This is the same screen we run before we buy, published exactly as it stands.

Nikhil Sreedhar

Nikhil Sreedhar

Director
Properties owned10 Portfolio value$8M Rental income$420k
Ahijith Chandra

Ahijith Chandra

Director
Properties owned9 Portfolio value$8M Rental income$490k

Handle Properties is a residential and commercial buyer's agency. We transact more than $10M of property every month for clients across Australia. Between the two of us we own nineteen properties worth $16m, producing $910k of rent a year, built on salaries. Every market in this report is screened the same way we screen our own deals.

140+ families served

Do not take our word for any of it.

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38 markets. 4 we'd actually buy.

Twelve pages on where the apartment to house price gap is widest, which four markets clear our own bar, and every assumption behind the numbers.

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Handle Properties

This report contains general information only. It does not take into account your objectives, financial situation or needs, and it is not a recommendation to buy, sell or refrain from acquiring any property or financial product. Handle Properties is a licensed buyer's agency and is not licensed to provide financial product advice, credit advice, superannuation advice or tax advice.

This is a screening tool, not investment advice. Prices are scraped third party estimates , not verified valuations. Gross yield does not account for strata fees, vacancy or finance costs and is not a measure of cashflow.

Past performance is not an indicator of future performance. Speak to a licensed financial adviser and your accountant before acting on anything in this report.