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 |
2478 | $213,500 | $360 | 8.76% | |
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.
