澳洲Australia property Find Average Rental Yield - Based on Subu


在澳大利亚 I need some advice regarding a property purchase. Property - semi-detached house Bedrooms - 2 Condition - average needs internal reno to modernise Street - one of the best in suburb Location - excellent Close to schools - yes Transport - 50m The pool at of an IP needs to be resurfaced (or so the pool doctor says), the cost was estimated to be $10K ($10,000), after recoverying from my impresssion of a cat coughing up a fur ball, it just seems far too much. Its just a standard poo


What is the best way to find the average rental yield based on suburb or postcode? Need to be able to serperate yields for units & houses.

I have access to both RPData and also PDSlive but can't seem to figure out with either.....

Thanks  

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Hi Welcome

All the figures you mention above are available in the data tables in the back of API magazine.

Cheers, Paul  

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Also,

http://www.investsmart.com.au/property/search.asp

Might be able to help you.

Cheers,

Fourex.  

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Lofty said: ↑
Hi Welcome

All the figures you mention above are available in the data tables in the back of API magazine.

Cheers, PaulClick to expand...
Thanks for that.... should have added that I need the figures for the last 5 years. Even if it is just the annual figure, for the last 5 years. Any clues?

Thanks  

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Welcome said: ↑
Thanks for that.... should have added that I need the figures for the last 5 years. Even if it is just the annual figure, for the last 5 years.Click to expand...
What is that going to tell you? :eek:

In any suburb, you will have yields of 2-3% for the really expensive properties and yields of 5-6% for the average and below properties. So an "average" figure is not going to tell you much more than this anyway - its not useful.

As for the leat 5 years, rents usually hover around 5-6%. Then you get price growth (or a boom) and rental yields drop as a % of purchase price (rents are often locked in for 6-12 months on leases). Then rental yields play catch up while prices level out ......and so the cycle goes.  

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Might not be useful for you but the data would be useful for me.

Thanks anyway.  

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Propertunity said: ↑
What is that going to tell you? :eek:

In any suburb, you will have yields of 2-3% for the really expensive properties and yields of 5-6% for the average and below properties. So an "average" figure is not going to tell you much more than this anyway - its not useful.

As for the leat 5 years, rents usually hover around 5-6%. Then you get price growth (or a boom) and rental yields drop as a % of purchase price (rents are often locked in for 6-12 months on leases). Then rental yields play catch up while prices level out ......and so the cycle goes.Click to expand...
My favorite cycle! Once rent start rising RE is
Flavour of the month again. :)

Too easy.  

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