by Sanjeev Sah | Jan 07, 2025 | Market Updates
Investors looking for good rental yields have many options in the current market, according to CoreLogic.
Over the past year, the national rental yield has remained stable at 3.7%. But, the picture is more nuanced across different cities.
Canberra, Darwin, Hobart and Melbourne have seen a rise in rental yields over the 12 months to November, driven by increased demand.
While some markets, like Perth, Adelaide and Brisbane have seen slight declines in rental yields, the numbers in these cities are still solid. These locations are also the cities with the highest capital growth over the last year which is also good news for investors investors.
Sydney’s rental yield has remained stable at 3.0%, offering investors solid income from their rental properties.