Ensure you never miss an issue of the
real estate business bulletin
Rental yields fall below 2pc in some suburbs

Rental yields fall below 2pc in some suburbs

by Elyse Perrau 0 comments

Australia’s lowest rent yielding suburbs are split between four capital cities.

Six of the 10 capital city suburbs with the lowest rental yields are in Sydney, CoreLogic RP Data statistics for February show.

Melbourne, Adelaide and Perth also make appearances, but Austral and Potts Point in Sydney topped the list with gross rental yields of 1.59 per cent. 

Potts Point fell from 4.85 per cent compared with February 2014. No figure for last year was available for Austral. 

Deepdene in Melbourne was next, with a gross rental yield of 1.70 per cent. No data were available for last year.

Kirribilli in Sydney produced a gross rental yield of 1.71 per cent, which was a drop from 3.71 in February 2014.

Glenorie in Sydney recorded a gross rental yield of 1.73 per cent, down from 3.02 per cent.

In Adelaide, Walkerville's rental yield of 1.81 per cent was slightly down from 2.30 last year.

Burwood in Sydney recorded a rental yield of 1.84 per cent, a drop from 2.94 per cent last year.

Also in Sydney, Tennyson Point produced a rental yield of 1.91 per cent. This was a decrease from 2.44 per cent the previous year. 

Eaglemont in Melbourne recorded a rental yield of 1.94 per cent, also a fall from 2.22 per cent.

The Perth suburb of Peppermint Grove rounded out the top 10 lowest rent-yielding suburbs in Australia.

It produced a gross figure of 1.95 per cent, down from the 2.28 per cent recorded in 2014.


Rental yields fall below 2pc in some suburbs
lawyersweekly logo
promoted content
Recommended by Spike Native Network
Listen to other installment of the Real Estate Business Podcast
reb top 100 agents 2017

The REB Top 100 Agents ranking is the foremost ranking of agents in Australia. It has set the bar for excellence in Australian real estate. To be ranked as an REB Top 100 Agent is the standard real estate professionals strive for. See the full 2018 ranking here!

featured podcast

featured podcast
An industry where the resilient succeeds

Tim Heavyside believes that a strong support team and good foundations are paramount to success in the real estate industry, and with regu...

View all podcasts

Would you consider working for Purplebricks or a similar 'DIY' model?

Yes (7.2%)
No (80.9%)
Perhaps - make me an offer (12%)

Total votes: 209
The voting for this poll has ended on: July 13, 2018
Do you have an industry update?