Investor watch: Melbourne house yields at 3.6% and Sydney next at 4.1%
Melbourne landlords are the poorest yielding investors of the country, according to RP Data. And with Sydney and Canberra house values back at record high levels, investors with an open mind might cast an eye on the yields available in other capital cities.
Here's the latest list for houses.
The median gross rental yield landlords are securing for houses in Melbourne based on a median house price of $548,000, according to RP Data. The median gross rental yield across Australia's eight capital cities was 4.1% for the month ending August 31 2013.
The median gross rental yield landlords are securing for houses in Sydney based on a median house price of $669,900, according to RP Data. The median gross rental yield across Australia's eight capital cities was 4.1% for the month ending August 31 2013.
The median gross rental yield landlords are securing for houses in Canberra based on a median house price of $545,000, according to RP Data. The median gross rental yield across Australia's eight capital cities was 4.1% for the month ending August 31 2013.
The median gross rental yield landlords are securing for houses in Perth based on a median house price of $510,000, according to RP Data. The median gross rental yield across Australia's eight capital cities was 4.1% for the month ending August 31 2013.
The median gross rental yield landlords are securing for houses in Adelaide based on a median house price of $394,000, according to RP Data. The median gross rental yield across Australia's eight capital cities was 4.1% for the month ending August 31 2013.
The median gross rental yield landlords are securing for houses in Brisbane based on a median house price of $453,000, according to RP Data. The median gross rental yield across Australia's eight capital cities was 4.1% for the month ending August 31 2013.
The median gross rental yield landlords are securing for houses in Hobart based on a median house price of $300,000, according to RP Data. The median gross rental yield across Australia's eight capital cities was 4.1% for the month ending August 31 2013.
The median gross rental yield landlords are securing for houses in Darwin based on a median house price of $516,500, according to RP Data. The median gross rental yield across Australia's eight capital cities was 4.1% for the month ending August 31 2013.