Melbourne residential apartment investors yielding from 3.5%: REIV
Jonathan ChancellorJune 27, 2015
The REIV has released tables with a summary of Melbourne and Victorian median prices and rents for the 12 months ending March 2015.
Yields for one bedroom units.
| Region | Gross Rental Yield | median rent | Median Price |
| Inner | 5.0% | $356 | $367,000 |
| Middle | 4.8% | $280 | $305,000 |
| Outer | 4.1% | $230 | $291,250 |
| Metro | 5.1% | $350 | $355,000 |
| Regional | 5.7% | $165 | $149,500 |
Yields for two bedroom units
| Region | Gross Rental Yield | median rent | Median Price |
| Inner | 4.2% | $450 | $554,500 |
| Middle | 4.0% | $351 | $460,000 |
| Outer | 4.9% | $280 | $351,000 |
| Metro | 4.2% | $395 | $487,000 |
| Regional | 5.2% | $240 | $240,000 |
Yields for three bedroom units.
| Region | Gross Rental Yield | median rent | Median Price |
| Inner | 3.8% | $600 | $831,000 |
| Middle | 3.5% | $442 | $651,000 |
| Outer | 4.2% | $352 | $440,000 |
| Metro | 3.8% | $460 | $635,000 |
| Regional | 4.9% | $310 | $329,000 |
The REIV has also released tables on house yields.
Jonathan Chancellor
Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.
