Victoria's Ouyen has highest house yields of Australia in 2017

Victoria's Ouyen has highest house yields of Australia in 2017
Staff reporterDecember 17, 2020

A 9.9 percent yield at Ouyen in Victoria tanked as the highest gross rental yield across Australia this year.

It was based on the Mildura district town's $124,315 median house price.

The three bedroom home at 4 Cooper Street Ouyen that is for sale at $195,000 to $210,000 is suggested to have a a $250 to $260 a week rental prospect.

Houses            Median Value Gross Yield

Vic Ouyen Mildura $124,315 9.9% 

NSW Broken Hill Broken Hill $148,084 9.6% 

WA Kambalda East Coolgardie $90,978 9.2% 

Tas Gagebrook Brighton $156,712 9.1% 

SA Coober Pedy Unincorporated SA $130,463 9.1% 

WA South Hedland Port Hedland $203,452 8.9% 

Tas Queenstown West Coast $93,707 8.8% 

NSW South Kempsey Kempsey $228,435 8.7% 

Tas Bridgewater Brighton $186,166 8.6% 

NSW Condobolin Lachlan $207,067 8.6% 

 

Units

Qld Port Douglas Douglas $256,024 9.3%

Qld Manunda Cairns $153,919 9.0%

Qld Bungalow Cairns $160,812 8.9%

Qld Edmonton Cairns $152,917 8.9%

Qld Westcourt Cairns $211,390 8.7%

Qld Manoora Cairns $164,431 8.4%

Qld Edge Hill Cairns $185,089 8.2%

Qld Holloways Beach Cairns $186,552 8.0%

Qld Cairns North Cairns $240,453 7.6%

Qld Parramatta Park Cairns $235,248 7.5%

 

Editor's Picks

Kangaroo Point's iconic Shafston House gets closer to apartment redevelopment
Inside Australia 108: The groundbreaking Melbourne apartment tower offering the highest apartments in the southern hemisphere
Discover Avery: A Boutique Sanctuary in the Heart of Glen Iris [Video]
"A once-in-a-lifetime opportunity": Don O'Rorke discusses the Monarch Residences Penthouse Collection
Why apartments at Killarney Ponds in Box Hill are suiting the family buyer: Urban Buyer Q&A