๐ฌ๐ถ๐ฒ๐น๐ฑ๐ ๐๐ฎ๐น๐น, ๐ฎ๐ ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ๐ ๐ฅ๐ถ๐๐ฒ ๐๐ฎ๐๐๐ฒ๐ฟ ๐๐ต๐ฎ๐ป ๐ฅ๐ฒ๐ป๐๐
Property yields fell between the June and September quarters โ but the news is more positive for investors than it sounds.
For capital city houses, the median yield fell from 3.69% in June to 3.56% in September, according to Domain (see graph). For capital city units, yields fell from 4.97% to 4.89%.
An investment property's yield measures how much rent it earns relative to its value. So if a property earned $40,000 per year in rent and was valued at $1 million, its yield would be 4%.
Yields fall when prices rise faster than rents, which is what's happened in this instance. Rents increased during the September quarter and prices increased even more.
Subiaco finance brokers are here to help
Interest rate rises are here, but you donโt have to fear with the right broker on your side.
The team at Sonam Capital are here to empower you through financial knowledge. Weโll 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.
