Data for the world's cities rental returns from the Global Property Guide has shown that Sydney sits at the seventh highest in the world at present for gross rental yield. (This is what a landlord can expect as return on his investment before taxes, maintenance fees and other costs.)
The properties used for report were 120 sqm. apartments located in the city centre.
The gross rental returns (or rental yields) figures published by the Global Property Guide are based on the Global Property Guides own proprietary in-house research.
Only resale apartments and houses are researched. Yields for newly-built properties are not included.
Buyers should expect the rental yields of new properties to be lower than the gross rental yields published by the Global Property Guide.
Interestingly, data for Brisbane's West End shows gross yield for new apartments to be the highest of all the world's cities, and also had the lowest per square metre rate to buy.
A similar analysis of Melbourne's South Yarra, and Sydney's Mosman as well as Perth CBD showed yields of these three areas, plus the West End in Brisbane meant Australia commanded 4 of the top 6 places in terms of the world's highest rental yields.
The properties used for report were 120 sqm. apartments located in the city centre.
The gross rental returns (or rental yields) figures published by the Global Property Guide are based on the Global Property Guides own proprietary in-house research.
Only resale apartments and houses are researched. Yields for newly-built properties are not included.
Buyers should expect the rental yields of new properties to be lower than the gross rental yields published by the Global Property Guide.
Interestingly, data for Brisbane's West End shows gross yield for new apartments to be the highest of all the world's cities, and also had the lowest per square metre rate to buy.
A similar analysis of Melbourne's South Yarra, and Sydney's Mosman as well as Perth CBD showed yields of these three areas, plus the West End in Brisbane meant Australia commanded 4 of the top 6 places in terms of the world's highest rental yields.
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