Which capital city offers the best rental yield? RP Data’s state by state round up

Which capital cities across Australia offer the best gross rental yields for houses and units?

The latest RP Data Core Logic Home Value Index has revealed that while yields are tracking down in the majority of areas, there are still some good opportunities for investors willing to look further afield than Sydney and Melbourne.

HOUSES

1. Darwin - 5.9%
2. Hobart - 5.2%
3. Brisbane - 4.5%
4. Adelaide - 4.2%
5. Perth - 4.1%
6. Canberra - 4.1%
7. Sydney - 3.6%
8. Melbourne - 3.2%

See over page for each state and territory’s gross rental yields for units

UNITS

1. Darwin - 5.8%
2. Brisbane - 5.4%
3. Hobart - 5.2%
4. Canberra - 5.0%
5. Adelaide - 4.8%
6. Perth - 4.6%
7. Sydney - 4.5%
8. Melbourne - 4.2%