Sydney’s Eastern Suburbs Great For Rental Yields

CoreLogic RP Data compiled the list for highest rental yields within 10km of Sydney’s centre for 2015.

The highest gross rentals take in consideration the suburb, state, median value and gross rental yield.

The suburbs coming in the Top 3 for Gross Rental Yields for houses were all to be found in Sydney’s Eastern Suburbs and include Potts Point, Chippendale and Ultimo.

The suburbs in the Top 3 for Gross Rental Yields for units listed Sydney’s Eastern Suburbs, Eveleigh and Haymarket in the top places with Inner West suburb Darlington taking third place.

Top Gross Rental Yields for Houses

1. Potts Point: $2,945,555,  4.3%

2. Chippendale: $1,079,768, 4.2%

3. Ultimo: $1,062,575, 4.2%

Top Gross Rental Yields for Units

1. Eveleigh: $747,349, 5.2%

2. Haymarket: $867,755, 5.2%

3. Darlington:  $525,891, 5.2%

If you planning to buy an investment property in the eastern suburbs of Sydney, ensure you are getting value for money with a pre purchase building inspection.

Ensure the safety of your tenants and save yourself nasty surprises by getting detailed building reports about the structure before you buy. Inspect My Home offers a range of building inspection services & condition reports that tell you exactly what you are buying.

Don’t delay, book your building inspection online now.

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Photo by Stilgherrian