Sydney rental yields fall in June: CoreLogic Quarterly Rental Review

The median Sydney rental yield has fallen sharply, according to the CoreLogic June 2020 quarterly rental review.

House yields in the NSW capital sit at 2.7% (down from 3.2% 12 months ago), and unit yields sit at 3.4% (down from 4.0% 12 months ago).

The current combined median yield (for all property types) is 2.9%, down from 3.5% 12 months ago.

This reflects a downturn of 0.8% month-on-month and 1.3% over the quarter.

For renters, this translates to a median rental price of $568 ($609 for houses and $536 for units).

In the 12 months to June, rental yields fell across seven of the eight capital city markets. Perth was the only exception.