Fantastic I say. According to RP Data June, the GROSS rental yields for homes are:
Sydney 4.4% Melbourne 3.7% Brisbane 4.7% Perth 4.4% Adelaide 4.3% Hobart 5.3% Darwin 6.0% Canberra 4.8%
After outgoings, I hope it's enough to offset falling prices.
Nationally, prices fell 1.4% for the Month. In Melbourne, prices fell 2.66% for the month. Takes barely two months of falling prices to errode the years rent.
