We proudly present this fantastic one bedroom apartment. Located on an elevated floor with panoramic city and park views.
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Use this calculator to work out your gross yield.
Gross rental yield = Annual rental income (weekly rental income x 52) / property value x 100
In this example the rental yield is 7.80%
Property purchase price = $300,000
Weekly rent = $450
(450 x 52) / 300,000 x 100 = 7.80%
Gross rental yield is a simple calculation. Note that it doesn't take expenses into account. A property may have a high gross yield but may also have high expenses making the net return lower.
Net rental yield = (Annual rental income – Annual expenses) / (Total property costs) x 100
There are many factors to consider when investing. A buying decision should be made in consultation with our sales team or your property manager after discussion of your individual goals.
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