Jarryd Hayne finds tenant for Darlinghurst investment property

Jarryd Hayne finds tenant for Darlinghurst investment property
Title TattleDecember 7, 2020

Jarryd Hayne's impressive inner Sydney investment property has provided him with a steady income through his turbulent times, and will continue as he heads north.

Now confirmed to be playing his footy on the Gold Coast next year, the versatile footballer has just found another tenant for his renovated Darlinghurst terrace investment.

And at a much higher rental return.

Hayne paid $1,585,000 for the home in 2013 when he was still at the Parramatta Eels.

He'd listed the home for rent at $1,150 a week following his move to San Francisco when he took his career to the NFL.

However construction work next door lowered the rental income.

It's now just been re-let at a $1,450 a week asking price through Our Estates agent Dean Emerson (above).

The home has three bedrooms, two bathrooms, a separate dining area and a north facing terrace and was offered partly furnished.

Hayne also owns in Paddington, having spent $1.13 million in early 2013 on a narrow two bedrom terrace which has been a consistent rental since tenanted at $750 a week three years ago

He sold his St Peters family home for $995,000 to fund his NFL dream.

He made a tidy profit last year on the home that cost him $527,5000 in 2007 way back when Hayne was a 19-year old winger.

Set on 122sq m, the St Peters' house had three bedrooms and one bathroom, situated minutes to Sydenham and St Peter’s Station.

The two-storey 1900 Sutherland Street terrace was marketed as in need of some TLC. 

Hayne, who played 176 games for Parramatta, also spent $388,750 on a Umina home for his mother in 2010. 

His gross investment rental return at Darlinghurst now equates to around 4.76 percent - which sits way above the median yield of Sydney houses. 

Gross rental yields are trending lower, according to the CoreLogic RP Data, with Sydney's gross rental yield currently at 2.9 percent for houses and apartments at 3.9 percent.

Darlinghurst houses enjoyed around 20 percent year on year price growth, with the median house price sitting at $1,695,000.

Should Hayne wish to buy up on the sandy Gold Coast shores, the median house price is $528,000 for the Brisbane and Gold Coast region.

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