Melbourne house yields at a record low: CoreLogic RP Data

Melbourne house yields at a record low: CoreLogic RP Data
Melbourne house yields at a record low: CoreLogic RP Data

Capital city rental yields nationwide are lowest in Melbourne and highest in Darwin, according to CoreLogic RP Data, who found Melbourne rental yields at 3% and Darwin at 5.7%.

Unit yields are lowest in Melbourne (4.1%) and highest in Darwin and Brisbane at 5.5%.

Hobart and Canberra are the only two cities where house gross rental yields are steady. 

 

Click to enlarge

Melbourne house yields at a record low: CoreLogic RP Data

Click to enlarge

Melbourne house yields at a record low: CoreLogic RP Data

Michael Crawford

Michael Crawford

Michael is the real estate reporter for western Sydney and loves writing about homes and the people who live in them. A former production editor and news journalist, he enjoys writing about real-world property purchases as well as aspirational buys and builds. Following a recent move from Sydney’s northern beaches, Michael now actually enjoys commuting.

Tags: 
Melbourne Yields

Community Discussion

Be the first one to comment on this article
What would you like to say about this project?