What's your average rental return?

Average weekly rent

  • < $200/week

    Votes: 6 5.2%
  • $200 - $299 / week

    Votes: 15 13.0%
  • $300 - $399 / week

    Votes: 39 33.9%
  • $400 - $499 / week

    Votes: 24 20.9%
  • $500 - $599 / week

    Votes: 15 13.0%
  • $600 - $699 / week

    Votes: 6 5.2%
  • $700 - $799 / week

    Votes: 2 1.7%
  • $800 - $899 / week

    Votes: 0 0.0%
  • $900 - $999 / week

    Votes: 2 1.7%
  • $1000 + / week

    Votes: 6 5.2%

  • Total voters
    115
  • Poll closed .
I'm curious about those averaging over 1000/wk per property. I'm guessing that was over a low quantity of properties?
 
Taken from Global Property Guide May 2014


Rental yields in Australia are moderate. Gross rental yields for houses range from 4.36% in Melbourne, to 5.42% in Hobart, according to the March 2013 figures of Australian Property Monitors (APM). Gross rental yields for apartment units range from 4.83% in Melbourne to 6.03% in Darwin.

In Sydney, smaller apartment units of around 60 sq. m. have higher gross rental yields of 6.26%, according to Global Property Guide Research of October 2012. 100 sq. m. and 150 sq. m. apartments have lower yields at around 4.94% and 3.93%, respectively.

?Sydney, Melbourne and Perth were the big movers in unit rents over the March quarter with only Perth of all the major capitals recording a rise in house rents. Sydney median asking house rents were again steady over the March quarter at $500 but remained the highest rents of all capitals except Darwin. Sydney house rents have now recorded no growth over the past year,? says Dr Andrew Wilson, APM?s Senior Economist.

The highest median weekly asking rents can be found in Darwin, with houses at around AU$ 700 (US$ 639.59) and units at AU$550 (US$ 502.54). It was followed by Sydney with median rents at AU$500 (US$ 456.85) for houses and AU$ 470 (US$ 429.44) for units. Hobart has the lowest median weekly asking rents at AU$ 310 (US$ 283.25) for houses and AU$ 250 (US$ 228.43) for units.
 
Pretty narrow band for us, $565 average.
About 6% yield on accumulation cost, (less on valuation), all new properties.

$550/wk x 4
$560/wk x 1
$565/wk x 2
$570/wk x 2
$580/wk x 2
$650/wk x 1
$500/wk x 1 (although $650 market rate).
 
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