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

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

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

Suburb Postcode Median Price ($'000) Gross Rental Yield (%) Weekly Median Advertised Rent
Port Vincent 5581 $342 13.84 $910
Solomontown 5540 $105 10.9 $220
Port Pirie West 5540 $105 9.41 $190
Peterborough 5422 $89 8.81 $150
Bordertown 5268 $158 8.25 $250
Port Augusta 5700 $168 7.74 $250
Elizabeth Downs 5113 $183 7.27 $255
Davoren Park 5113 $180 7.24 $251
Crystal Brook 5523 $171 7.15 $235
Elizabeth Park 5113 $191 7.08 $260
Elizabeth Grove 5112 $195 6.93 $260
Elizabeth North 5113 $190 6.86 $251

  

Lowest

Suburb Postcode Median Price ($'000) Gross Rental Yield (%) Weekly Median Advertised Rent
Carrickalinga 5204 $414 2.14 $170
Saint Peters 5069 $1,100 2.51 $530
North Adelaide 5006 $1,070 2.56 $528
Saint Georges 5064 $920 2.57 $455
Hyde Park 5061 $1,100 2.62 $555
Toorak Gardens 5065 $1,160 2.69 $600
Hawthorn 5062 $827 2.73 $435
Westbourne Park 5041 $766 2.78 $410
Glenunga 5064 $909 2.8 $490
Cumberland Park 5041 $708 2.87 $390
Beulah Park 5067 $730 2.92 $410
Tennyson 5022 $1,120 2.93 $630

Tags: 
Rental Yield Property market

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