Broken Hill takes top spot for NSW's highest rental yield: Investar

Broken Hill takes top spot for NSW's highest rental yield: Investar
Broken Hill takes top spot for NSW's highest rental yield: Investar

Broken Hill is the top location with the highest rental yield in NSW for houses, according to Investar’s latest market report

The property investment firm states that at a weekly median rent of $200 investors can expect to receive a yield of 9.90%.

This is followed by Woolgoola with a rental yield of 9.10% and Ballina with a rental yield of 8.75%.

Suburb

Postcode

Median listing price

Weekly median rent

Rental yield

Broken Hill

2880

$105,000

$200

9.90%

Woolgoola

2456

$200,000

$350

9.10

Ballina

2478

$213,500

$360

8.76%

Nambucca Heads

2448

$185,000

$270

7.58%

Deniliquin

2710

$140,000

$200

7.42%

An example would be a two bedroom home at 764 Brady Street (above) that is for sale for $110,000.

Similarly a two bedroom home at 187 Lane Street  (below) is for sale for $110,000.

Broken Hill takes top spot for NSW's highest rental yield: Investar

Tags: 
NSW Investar

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