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 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 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 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.
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