Top Victoria rental yield suburbs October 2015

Being the only Victorian suburb of the top 10 highest yielding situated in Melbourne, Doreen achieved a yield of 9.4 per cent for units, according to CoreLogic RP Data figures.

Two coastal suburbs made the top 10, with Inverloch seeing a yield of 6.9 per cent (units) and Seaspray 9.2 per cent (houses).

Right on the border of Victoria and New South Wales sits Cobram, with a yield of 6.7 per cent for units.

Toward the west of the state, in the Wimmera region, suburbs Dimboola, Murtoa and Warracknabeal made the top 10, with yields of 9.6, 9.4 and 9.1 per cent for houses respectively.

Midway between the Wimmera region and the city of Melbourne sits Maryborough. Maryborough placed fifth in top yielding units and tenth overall, with a yield of 6.5 per cent.

Situated in north-western Victoria is the number one top-yielding suburb in the state, Ouyen, with a yield of 11.9 per cent for houses.

Rounding out the list is suburb Red Cliffs, on the boarder of Victoria and New South Wales, and not too far from the border of South Australia. Red Cliffs achieved a yield of 8.7 per cent for units.

Top 5 Victoria rental yield suburbs (houses)

Ouyen: 11.9%
Dimboola: 9.6%
Murtoa: 9.4%
Seaspray: 9.2%
Warracknabeal: 9.1%
Source: CoreLogic RP Data

Top 5 Victoria rental yield suburbs (units)

Doreen: 9.4%
Red Cliffs: 8.7%
Inverloch: 6.9%
Cobram: 6.7%
Maryborough: 6.5%
Source: CoreLogic RP Data

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