According to CoreLogic RP Data figures for April, Melbourne suburbs accounted for 29 out of the 50 suburbs returning the smallest rewards to investors.
Deepdene in Melbourne topped the list with a gross rental yield of 1.66 per cent. No data was available for April 2014.
Potts Point in Sydney was next, recording a gross rental yield of 1.68 per cent. This was a significant decrease from 4.90 per cent last year.
Eaglemont in Melbourne produced a gross rental yield of 1.77 per cent, which was down from 2.38 per cent.
Horsley Park in Sydney recorded a gross rental yield of 1.78 per cent, which was down from 2.48 per cent.
Portsea in Melbourne produced a gross rental yield of 1.80 per cent, down from 2.91 per cent the previous year.
This was down from 3.98 per cent for Kirribilli, while no data was available for Rossmore.
Adelaide made its first appearance with the suburb of Walkerville producing a gross rental yield of 1.93 per cent, down from 3.00 per cent.
Balwyn North in Melbourne recorded a gross rental yield of 1.94 per cent, a decrease from 2.20 per cent the previous year.
Rounding out the top 10, the Sydney suburb ofrecorded a 1.99 per cent gross rental yield, which was down from 2.84 per cent.
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