Perth rental yields buck trend and rise: CoreLogic Quarterly Rental Review
Staff reporterAugust 24, 2020
The median Perth rental yield has risen marginally, according to the CoreLogic June 2020 quarterly rental review.
It is the only capital city market in which rents did not experience a downturn over the period.
House yields in the West Australian capital sit at 4.3% (up from 4.2% 12 months ago), and unit yields sit at 5.2% (unchanged from 12 months ago).
The current combined median yield (for all property types) is 4.4%.
This reflects a rise of 0.3% month-on-month and 0.9% over the quarter.
For renters, this translates to a median rental price of $396 ($403 for houses and $356 for units).
In the 12 months to June, rental yields fell across seven of the eight capital city markets.
