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

Broken Hill takes top spot for NSW's highest rental yield: Investar
Staff reporterNovember 3, 2016

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.

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