Clarence Valley beachside localities show responsive seasonal yield changes: HTW residential

Across the majority of the Clarence Valley region, yields are seen to play a relatively minor, albeit stable, role in residential investment decisions, according to the latest Herron Todd White (HTW) residential report. 

The valuation firm took a look at the rental yields across the country to dissect where to find best returns in residential markets. 

The report notes beachside localities such as Yamba show particularly responsive seasonal yield changes and appeal to investors.

High summer or peak returns on capital investment remain far above that of the regions average for short term holiday rentals while in terms of long term rentals, there is a plethora of tenants seeking low maintenance, central, beachside rentals.

Further south and at the lower end of the spectrum, the number of recent sales of sub-$500,000 duplex or multi-unit flat buildings in Grafton has seen an increase.

With a traditionally high percentage of tenants versus owner- occupiers, Grafton comfortably fits within most yield investor checklists.

"Across the board, tenant demand remains particularly driven by condition or quality and proximity to infrastructure or amenities in the Clarence Valley," the valuation firm said.