Capital City Yield Comparisons

This week Core Logic RP Data released their results from their home value index up to the end of February.  Included in the report is a look at where the current average yield is sitting for each of our eight capital cities. 

 

This gives us a great opportunity to identify how each city is performing and who is leading the pack when it comes to providing a good solid return on investment properties.

 

We are specifically looking at units in this instance:

 

Yields:  UNIT SALES THROUGH TO FEBRUARY

  • Darwin - 5.8%
  • Brisbane - 5.5%
  • Hobart - 5.3%
  • Canberra - 4.9%
  • Adelaide - 4.8%
  • Perth - 4.7%
  • Sydney - 4.4%
  • Melbourne - 4.2%

 

We were of course delighted to see Brisbane leading the way with Darwin at the top of the list, though perhaps not surprised - as we scored the same #2 position in the last report issued in November. 

 

This is very reassuring news for investors, as though we are constantly updated with information on the capital growth rates of our city, seeing blanketed average yields across each city gives us a great chance to identity the true potential income on local investments pitted against the rest of the country.

 

“We love seeing these reports and being able to pin point how our city is performing.  An average yield of 5.5% across unit sales is a fantastic number and the announcement is sure to sway even more interested investors to consider Brisbane when it comes to purchasing their next investment property” said Hannah Schuhmann, Principal of HS Brisbane Property.

 

If you would like to discuss these findings in further detail and how you can benefit from the fantastic investment opportunities currently available in the Brisbane CBD contact Hannah today on 07 3254 0888.

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