Gross rental yields at record low: CoreLogic RP Data
Michael CrawfordDecember 7, 2020
Gross rental yields for combined capital city houses are 3.4% and 4.3% for units in August, according to CoreLogic RP Data.
The CoreLogic RP Data August Rental Index Results found combined capital city house and unit rental yields are currently at a record low. A year ago, combined capital city gross rental yields for houses were 3.7% and 4.5% for units.
Rental returns are expected to fall lower over the next few months.
Michael Crawford
Michael is the real estate reporter for western Sydney and loves writing about homes and the people who live in them. A former production editor and news journalist, he enjoys writing about real-world property purchases as well as aspirational buys and builds. Following a recent move from Sydney’s northern beaches, Michael now actually enjoys commuting.