Property

Rental Yield by City: Sydney, Melbourne, Brisbane, Perth and Adelaide

How to compare rental yield by Australian city, including gross yield, net yield, vacancy, land tax and capital growth trade-offs.

RERealEstateCalc Editorial · Property & Finance Research
25 May 20261 min read
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City yield comparisons need context

Rental yield varies by city, suburb and property type. Perth and Brisbane can screen differently from Sydney and Melbourne, but headline gross yield does not tell the full story.

Investors need to compare net yield after strata, insurance, vacancy, management fees, repairs and land tax.

How to compare cities

Use the same assumptions across each city: purchase price, rent, vacancy, management fee, land tax and loan interest. Then compare gross yield, net yield and cash flow.

Use the Rental Yield Calculator for each city, then use Compare Suburbs to inspect local price context.

Bottom line

A higher-yield city is not automatically better. It may carry vacancy, maintenance or resale risk. Compare the net result before chasing headline yield.

Sources: RealEstateCalc methodology and public property-market reporting. General information only.

RE

RealEstateCalc Editorial

Property & Finance Research

The RealEstateCalc editorial team researches and writes about Australian property, finance, and tax topics. All content is fact-checked against official sources including the ATO, state revenue offices, ASIC Moneysmart, and the RBA.

Property financeStamp dutyTaxInvestment analysis

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rental yield by cityrental yield australiasydney rental yieldbrisbane rental yieldperth rental yield

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