Insurance Mortgage Real Estate Concept Happy Man Holding House Model Smiling Excited Buying Property Renting Apartment Standing Against Blue Background Min

๐—–๐—ฎ๐—ฝ๐—ถ๐˜๐—ฎ๐—น ๐—–๐—ถ๐˜๐˜† ๐—ฌ๐—ถ๐—ฒ๐—น๐—ฑ๐˜€ ๐—ฅ๐—ถ๐˜€๐—ฒ ๐—ณ๐—ฟ๐—ผ๐—บ ๐Ÿฏ.๐Ÿฐ๐Ÿฌ% ๐˜๐—ผ ๐Ÿฏ.๐Ÿณ๐Ÿฎ%

Property investors throughout the country enjoyed higher yields last year compared to the year before.

Between the December quarters of 2022 and 2023, the median yield in the combined capitals rose from 3.40% to 3.72%, according to Domain.

Also, yields increased in every capital city and in the combined regions.

The rental yield is the annual rent expressed as a percentage of the property price. So for a 3.72% yield, that might mean $37,200 rent being earned by a $1 million property.

Subiaco finance brokers are here to help

Interest rate rises are here, but you donโ€™t have to fear with the right broker on your side.

The team at Sonam Capital are here to empower you through financial knowledge. Weโ€™ll take the time to get to know you and your unique situation and speak in a language you can understand, with strategies you can implement for the best possible outcomes.

Nick, Wayne and Amanda at Sonam Capital are your Subiaco finance specialists.

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