South Australia's best and worst suburbs for gross rental yield

South Australia's best and worst suburbs for gross rental yield
Staff ReporterDecember 7, 2020

The top three suburbs in South Australia for the highest gross rental yields are Port Vincent at 13.84%, Solomontown (10.9%) and Port Pirie West (9.41)%.

According to CoreLogic RP Data the suburbs with the lowest gross rental yields are in Carrickalinga (2.14%) followed by Saint Peters, (2.51%) and North Adelaide (2.56%).

Highest

SuburbPostcodeMedian Price ($'000)Gross Rental Yield (%)Weekly Median Advertised Rent
Port Vincent5581$34213.84$910
Solomontown5540$10510.9$220
Port Pirie West5540$1059.41$190
Peterborough5422$898.81$150
Bordertown5268$1588.25$250
Port Augusta5700$1687.74$250
Elizabeth Downs5113$1837.27$255
Davoren Park5113$1807.24$251
Crystal Brook5523$1717.15$235
Elizabeth Park5113$1917.08$260
Elizabeth Grove5112$1956.93$260
Elizabeth North5113$1906.86$251

  

Lowest

SuburbPostcodeMedian Price ($'000)Gross Rental Yield (%)Weekly Median Advertised Rent
Carrickalinga5204$4142.14$170
Saint Peters5069$1,1002.51$530
North Adelaide5006$1,0702.56$528
Saint Georges5064$9202.57$455
Hyde Park5061$1,1002.62$555
Toorak Gardens5065$1,1602.69$600
Hawthorn5062$8272.73$435
Westbourne Park5041$7662.78$410
Glenunga5064$9092.8$490
Cumberland Park5041$7082.87$390
Beulah Park5067$7302.92$410
Tennyson5022$1,1202.93$630

Editor's Picks