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Tasmania is Australia’s highest yielding state for 2015

31 December 2015 Reporter

A new report has revealed Australia’s highest yielding suburbs within ten kilometres of a capital city for 2015.

A new report has revealed Australia’s highest yielding suburbs within ten kilometres of a capital city for 2015.

According to CoreLogic RP Data, Hobart has the highest yielding suburbs for houses with Goodwood and Risdon Vale recording 7.7 per cent, followed by Clarendon Vale at 7.6 per cent, Rokeby at 7.1 per cent, and Derwent Park at 6.7 per cent.

Rokeby was Tasmania’s highest yielding suburb for units at 7.1 per cent, followed by Montrose at 7.0 per cent, Glenorchy at 6.5 per cent, Rosetta at 6.4 per cent, and then Oakdowns and Moonah at 6.2 per cent.

The top performer for houses in Darwin was Darwin City at 5.9 per cent, followed by Millner and Wagaman at 5.5 per cent, followed by Stuart Park and Jingili at 5.4 per cent.

Malak was the best yielding suburb for units at 6.4 per cent, followed by Darwin City at 6.2 per cent, and then Stuart Park, Nightcliff, Coconut Grove and Parap at 5.9 per cent.

The best performing suburb for houses in Canberra was Franklin at 5.3 per cent, followed by Crace at 5.1 per cent, Harrison and Palmerston at 5.0 per cent, and then O’Malley and Evatt at 4.9 per cent.

For units, Canberra’s top performers were Evatt, Chifley, Crace, Scullin and Hughes all recording a yield of 5.6 per cent.

In Brisbane the highest yielding suburbs for houses was Rocklea at 5.3 per cent, followed by Keperra at 5.0 per cent, The Gap 4.7 per cent, and then Tennyson, Chermside West and Chapel Hill at 5.6 per cent.

The highest yielding suburb for units was Oxley at 6.5 per cent, followed by Salisbury at 6.4 per cent, Brisbane City at 6.3 per cent and then Wynnum West and Woolloongabba at 6.1 per cent.

The top performers for houses in Adelaide were Devon Park and Woodville North at 5.1 per cent, followed by Beverley at 5.0 per cent, and then Mansfield Park, West Richmond and Cowandilla at 4.9 per cent.

Brahma Lodge was Adelaide’s best yielding suburb for units at 7.1 per cent, followed by Enfield, O’Halloran Hill and Kurralta Park at 6.0 per cent, and then Kilburn, Hampstead Gardens, Largs North, Corydon Park, Woodville Gardens and Windsor Gardens all at 5.9 per cent.

In Perth Glendalough was the best yielding suburb for houses at 5.0 per cent, followed by Nollamara at 4.8 per cent, Redcliffe and Westminster at 4.7 per cent, and Bentley at 4.6 per cent.

For units, Perth’s best suburbs were Rivervale, Glendalough, West Leederville, Belmont and Lathlain all recording 5.5 per cent.

The top performing suburb for houses in Melbourne was St Kilda at 4.4 per cent, followed by Collingwood at 4.2 per cent, West Melbourne at 4.1 per cent, Carlton at 4.0 per cent, and Burnley, South Kingsville, South Yarra and Kensington at 3.9 per cent.

Carlton topped Melbourne’s suburbs for units at 7.2 per cent, followed by Melbourne at 5.8 per cent, Sunshine at 5.4 per cent, and then Southbank, Burnley and Docklands at 5.1 per cent.

In Sydney the highest yields for houses was Potts Point at 4.3 per cent, followed by Chippendale and Ultimo at 4.2 per cent, and then Darlington and Mortlake at 4.1 per cent.

The highest yielding Sydney suburbs for units were Eveleigh, Haymarket and Darlington at 5.2 per cent, followed by Sydney, Hamlyn Terrace and Silverwater at 5.1 per cent.

[Related: Canberra and Adelaide lead in rental yields]

Tasmania is Australia’s highest yielding state for 2015
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