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Top 10 rental yields revealed

By Staff Reporter
13

New data from January has highlighted the Australian suburbs with the highest gross rental yields.

According to CoreLogic RP Data statistics for January, Darwin was the only capital city represented on the top 10 list, with the other suburbs coming from regional Australia.

Mission Beach in far north Queensland took out first place with a gross rental yield for units of 29.0 per cent, the highest by over 10 percentage points.

Port Vincent in the Yorke Peninsula, South Australia recorded a gross rental yield of 17.5 per cent for houses.

Houses in Bicheno in Tasmania produced a 17.0 per cent gross rental yield over the period.

Mossy Point in southern NSW recorded a 15.3 per cent gross rental yield for houses over January.

Units in Stapylton on the Gold Coast weren’t far behind and recorded a 14.6 per cent gross rental yield.

Houses in Zuccoli and Johnston in Darwin produced gross rental yields of 13.2 per cent and 13.0 per cent respectively.

Mount Morgan houses in Queensland and houses in Huskisson in southern NSW also both recorded a 12.8 per cent rental yield over the period.

Coleraine was the only Victorian entry in the top 10 ranking, with houses in the suburb recording a 12.6 per cent gross rental yield.

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Top Suburbs

Highest annual price growth - click a suburb below to view full profile data:
1.
FAIRLIGHT 46.02%
2.
CASUARINA 44.36%
3.
THE ENTRANCE NORTH 41.09%
4.
ULTIMO 40.67%
5.
LAVENDER BAY 40.2%