Latest Rental Yields across Australian Capital Cities

RP Data have released the latest Core Logic Home Value Index reporting on rental yields .

Interesting that rental yields don’t reflect the size of the city nor the strength of the economy of the cities. There is also not a direct correlation with capital growth across the board. This highlights that to be really successful in property investment you need to understand the underlying factors driving both rental yields, capital growth and what indicators to look for in a constantly changing market. Ever heard of property cycles? Understanding these can turbo charge your success as it may allow you to tap into markets before they take off.

HOUSES

  1. DARWIN – 5.9 per cent
  2. HOBART – 5.2 per cent
  3. BRISBANE – 4.5 per cent
  4. ADELAIDE – 4.2 per cent
  5. PERTH – 4.1 per cent
  6. CANBERRA – 4.1 per cent
  7. SYDNEY – 3.6 per cent
  8. MELBOURNE – 3.2 per cent

UNITS

  1. DARWIN – 5.8 per cent
  2. BRISBANE – 5.4 per cent
  3. HOBART – 5.2 per cent
  4. CANBERRA – 5.0 per cent
  5. ADELAIDE – 4.8 per cent
  6. PERTH – 4.6 per cent
  7. SYDNEY – 4.5 per cent
  8. MELBOURNE – 4.2 per cent