All Topics / Help Needed! / Rental yield figures

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  • Profile photo of as41as41
    Participant
    @as41
    Join Date: 2005
    Post Count: 108
    June 21, 2006 - 4:26 am

    Hi Guys,, anyone know ehre I can find rental yields online for the past 5 years without paying for reports…?????Melbourne Area[inlove]

    Snowflake

    Profile photo of foundationfoundation
    Member
    @foundation
    Join Date: 2005
    Post Count: 1,153
    June 21, 2006 - 6:09 am

    I assume you want something more specific than this…

    Average Melbourne gross rental yield for 3 BR house:
    1996_5.7
    1997_5.2
    1998_5.0
    1999_4.3
    2000_3.9
    2001_3.4
    2002_3.2
    2003_3.0
    2004_3.1
    2005_3.3
    2006_3.2*

    * March quarter only.

    …so I can’t really help!

    Cheers, F.[cowboy2]

    Profile photo of as41as41
    Participant
    @as41
    Join Date: 2005
    Post Count: 108
    June 21, 2006 - 6:23 am

    HEY FOUNDATION

    THANKS >>>>>>>>>>>

    NOw any idea if I can get the same sort of info for a specific suburb… I dont want to pay for a residex reportetc…. Is just a 5 year average I am after…..

    P.S thanks for chatting![inlove]

    Snowflake

    Profile photo of chrisconutschrisconuts
    Participant
    @chrisconuts
    Join Date: 2002
    Post Count: 12
    June 22, 2006 - 1:40 am

    Interesting stats. Does that make you think there is an adjustment to be made over the coming 6 months – 1 year back to 5-6%?

    Chris

    Profile photo of foundationfoundation
    Member
    @foundation
    Join Date: 2005
    Post Count: 1,153
    June 22, 2006 - 2:19 am

    I’d think more like 7-10 years… It took ten years to get so low after all. Don’t forget there are 2 ways for yields to rise. I suspect we’ll see a bit of each.
    Cheers, F.[cowboy2]

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