Yield doesn't tell the full story anyway. 7% on a 200k property isn't the same as 7% on a 500k property after you take out expenses.
Agree, plenty of blocks of units providing 10%+ in regional areas for sub $500k prices but even minor maintenance repairs can eat into that quick smart.
Still would like to see an example of a 7%+ non regional house?
Do you pay for building/contents (carpets/fixed appliances etc.) insurance with units like that Dex or is that built in to the body corp?