Gungahlin tops list of 10 ACT suburbs with highest unit rental yields: RP Data
Alistair WalshDecember 8, 2020
Gungahlin in the outer north of Canberra is the ACT suburb with the highest rental yield for units, according to information provided by RP Data.
The suburb has a median rental yield of 6.85% with a median weekly rent of $440 and a median price of $334,000.
Canberra city is the number two, with a median rental yield of 6.67%, a median weekly rent of $577.5 and a median price of $450,000.
Five of the suburbs have yields above 6%.
Postcode | Suburb | Median Price | Median Rent | Median Rental Yield |
2912 | GUNGAHLIN | $334,000 | $440 | 6.85% |
2601 | CITY | $450,000 | $578 | 6.67% |
2612 | BRADDON | $424,000 | $500 | 6.13% |
2617 | BRUCE | $398,750 | $465 | 6.06% |
2902 | KAMBAH | $380,000 | $440 | 6.02% |
2612 | TURNER | $436,500 | $498 | 5.93% |
2913 | PALMERSTON | $380,000 | $430 | 5.88% |
2906 | BANKS | $375,000 | $420 | 5.82% |
2606 | PHILLIP | $429,000 | $480 | 5.82% |
2906 | GORDON | $369,000 | $413 | 5.81% |
Alistair Walsh
Deutsche Welle online reporter