Gungahlin tops list of 10 ACT suburbs with highest unit rental yields: RP Data

Alistair WalshOctober 16, 2012

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%.

PostcodeSuburbMedian Pricemedian rentMedian Rental Yield
2912GUNGAHLIN$334,000$4406.85%
2601CITY$450,000$5786.67%
2612BRADDON$424,000$5006.13%
2617BRUCE$398,750$4656.06%
2902KAMBAH$380,000$4406.02%
2612TURNER$436,500$4985.93%
2913PALMERSTON$380,000$4305.88%
2906BANKS$375,000$4205.82%
2606PHILLIP$429,000$4805.82%
2906GORDON$369,000$4135.81%
Source: RP Data

Alistair Walsh

Deutsche Welle online reporter

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