Brisbane rental yields drop slightly in June: CoreLogic Quarterly Rental Review

Brisbane rental yields drop slightly in June: CoreLogic Quarterly Rental Review
Brisbane rental yields drop slightly in June: CoreLogic Quarterly Rental Review

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

House yields in the Queensland capital sit at 4.2% (down from 4.4% 12 months ago), and unit yields sit at 5.2% (down from 5.5% 12 months ago).

The current combined median yield (for all property types) is 4.4%, down from 4.6% 12 months ago.

Brisbane rental yields drop slightly in June: CoreLogic Quarterly Rental Review

This reflects a downturn of 0.1% month-on-month and 0.6% over the quarter.

For renters, this translates to a median rental price of $439 ($460 for houses and $398 for units).

Brisbane rental yields drop slightly in June: CoreLogic Quarterly Rental Review

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

Tags: 
Brisbane Rental Yield

Comments

Be the first one to comment on this article
What would you like to say about this project?