Rental Yield Calculator Australia

What is rental yield?

Rental yield measures the annual return from rent as a percentage of the property's value. It's one of the most important metrics for evaluating an investment property.

• Gross yield — annual rent ÷ property value × 100. Simple and quick.
• Net yield — (annual rent − expenses) ÷ property value × 100. More accurate — accounts for real costs.

What's a good rental yield in Australia?

Note: Higher yield often comes with lower capital growth. Balancing yield and growth is the key to a strong investment strategy.

Typical annual expenses to include

• Council rates: $1,500–$3,000/year
• Water rates: $800–$1,500/year
• Landlord insurance: $1,000–$2,500/year
• Property management: 7–10% of rent
• Maintenance: 0.5–1% of property value/year
• Vacancy allowance: 1–4 weeks per year

Gross vs net yield — which matters more?

Gross yield is useful for quick comparisons between properties. Net yield tells you what you actually keep — use it when assessing cashflow and whether the property is negatively or positively geared.