Broken Hill takes top spot for NSW's highest rental yield: Investar
Staff reporterDecember 7, 2020
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.
