Which capital cities offer the best rental yields?
Property ObserverJune 1, 2014
Rental yields are understandably an important focus for many investors who need to consider their hip pocket.
However, for units and houses around Australia – which capital cities offer the best returns?
Here are the capital cities from greatest to smallest for gross rental yields, from RP Data’s May 2014 collected statistics.
HOUSES
- 5.8% - Darwin
- 5.2% - Hobart
- 4.6% - Brisbane
- 4.3% - Canberra
- 4.3% - Adelaide
- 4.2% - Perth
- 3.8% - Sydney
- 3.4% - Melbourne
- 3.9% - Combined capitals
Source: RP Data, May 2014
Turn the page for the gross rental yields achievable for units.
UNITS
- 5.8% - Darwin
- 5.4% - Brisbane
- 5.2% - Hobart
- 5.0% - Canberra
- 4.9% - Adelaide
- 4.8% - Perth
- 4.7% - Sydney
- 4.4% - Melbourne
- 4.7% - Combined capitals
(Source: RP Data, May 2014)