Melbourne residential house investors yielding from 2.6%: REIV

Melbourne residential house investors yielding from 2.6%: REIV
Melbourne residential house investors yielding from 2.6%: REIV

The REIV has released tables with a summary of Melbourne and Victorian median house prices and rents for the 12 months ending March 2015.

Yields for two bedroom houses.

Region

Gross Rental Yield

 median rent

 Median Price

Inner

3.2%

$490

$804,000

Middle

2.9%

$345

$627,500

Outer

3.9%

$300

$400,000

Metro

3.0%

$410

$700,550

Regional

5.3%

$250

$245,500

Yields for three bedroom houses

Region

Gross Rental Yield

 median rent

 Median Price

Inner

3.0%

$580

$1,005,000

Middle

3.1%

$380

$645,000

Outer

4.1%

$341

$435,000

Metro

4.9%

$290

$310,000

Regional

3.4%

$380

$580,000

Yields for four bedroom houses 

Region

Gross Rental Yield

 median rent

 Median Price

Inner

2.6%

$770

$1,535,000

Middle

2.9%

$495

$886,500

Outer

3.7%

$395

$560,000

Metro

3.2%

$440

$726,000

Regional

4.3%

$350

$425,000

The REIV has also released tables with a summary of Melbourne and Victorian median unit prices and rents for the 12 months ending March 2015.

 

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of our authors. Jonathan has been writing about property since the early 1980s and is editor-at-large of Property Observer.

Tags: 
Melbourne Rents

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