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Which Adelaide suburbs offer the highest rental yields?

Updated: Jan 14, 2021

Just like you can receive dividends from owning stocks, rental income is the main form of income from owning an investment property.


A property’s rental yield is calculated by dividing annual rental income by the property value and multiplying by 100.


This means that, for example, if you own a property that is rented out for $300 per week, giving a total of $15,600 a year, and the property price is $300,000, then the rental yield is 5.2%.


Across Australia's capital cities, the average rental yield in Adelaide is above Sydney, Melbourne and Perth, and equal with Brisbane.


Source: CoreLogic

However, the chart above doesn't show the trends lately. The rental yield in Adelaide has been remarkably stable at well above 4% while the yield in Brisbane is now slipping backwards.

 

So, which suburbs in Adelaide offer the best rental yields? We've outlined them below and they might come as a surprise!

A common feature among the suburbs listed above is that they all have low median house prices (average median price of $320,000) when compared to the state average of $450,000. It shows that bargains can be found on the outskirts of the city where rent has increased at a faster pace than house prices in recent years.


For more information on how you can start investing in property in Adelaide, contact Shayne at shayne@propertyinvestmentcoaching.com.au or call 1300 944 039.


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