Rental Yield Calculator Australia 2026

Calculate gross and net rental yield for any Australian investment property. Enter the property value and weekly rent to analyse your returns.

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How to Calculate Rental Yield

Rental yield measures the annual return on a property investment as a percentage of its value. It is one of the most important metrics for property investors in Australia, helping you compare properties and assess whether an investment will generate positive cash flow.

Gross Rental Yield Formula

Gross Yield = (Annual Rental Income / Property Value) x 100

For example, a property purchased for $650,000 with a weekly rent of $550 generates $28,600 in annual rent. The gross rental yield is ($28,600 / $650,000) x 100 = 4.40%.

Net Rental Yield Formula

Net Yield = ((Annual Rent - Annual Expenses) / Property Value) x 100

Net yield gives a more realistic picture by accounting for ongoing costs such as council rates, insurance, maintenance, property management fees, and strata or body corporate levies. Using the same example with $8,000 in annual expenses, the net yield would be (($28,600 - $8,000) / $650,000) x 100 = 3.17%.

What Is a Good Rental Yield in Australia?

There is no single answer, as it depends on your investment goals and the local market. Here are some general guidelines:

Above 5%

Strong yield, common in regional areas and outer suburbs

4.5% to 5%

Moderate yield, typical for suburban capital city properties

Below 4.5%

Low yield, may suit high-growth areas with capital appreciation

Keep in mind that higher yields often come with trade-offs. Properties in regional areas may offer 6%+ yields but carry higher vacancy risk and slower capital growth. Inner-city apartments may yield well but face oversupply in some markets. Use our stamp duty calculator to factor in acquisition costs when comparing properties.

Yield vs Capital Growth

Many successful investors balance rental yield with capital growth potential. A property with a moderate yield of 4% in a suburb with strong infrastructure spending and population growth may outperform a 7% yield property in a declining regional town over a 10-year period. For a deeper look at this topic, read our guide on rental yield vs capital growth strategy.

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