Nicola Trotman | 2 December 2012

Victoria's top 30 highest rental yield suburbs: From Nhill to Dennington via Melbourne

Victoria's top 30 highest rental yield suburbs: From Nhill to Dennington via Melbourne

RP Data has released the latest suburb rental yields.

Property Observer has compiled a table of Victoria's top 30 rental yield suburbs.

Nhill tops the list with a rental yield of 9%, followed by Dimboola with 8.5%.

Melbourne makes it onto the list with a rental yield of 6.1%

SUBURB

POSTCODE

MEDIAN PRICE

GROSS RENTAL YIELD

Nhill

3418

$100,000

9%

Dimboola

3414

$97,500

8.5%

Warracknabeal

3393

$103,000

7.8%

East Bairnsdale

3875

$182,500

7.1%

Mortlake

3272

$137,500

7.1%

Mount Beauty

3699

$158,000

7%

Murtoa

3390

$117,500

7%

Orbost

3888

$140,000

7%

Red Cliffs

3496

$170,000

7%

Terang

3264

$155,000

7%

Merbein

3505

$150,000

6.9%

Ararat

3377

$165,000

6.9%

Chiltern

3683

$176,750

6.7%

Moe

3825

$157,500

6.6%

Kerang

3579

$145,000

6.5%

Stawell

3380

$160,000

6.5%

Hamilton

3300

$195,000

6.4%

Clunes

3370

$196,500

6.4%

Irymple

3498

$220,000

6.4%

Morwell

3840

$151,000

6.4%

Rochester

3561

$195,500

6.4%

Maryborough

3465

$182,000

6.3%

Tallangatta

3700

$180,000

6.3%

Churchill

3842

$168,500

6.2%

Heywood

3304

$150,000

6.2%

Norlane

3214

$200,500

6.2%

Eildon

3713

$183,750

6.1%

Melbourne

3004

$475,000

6.1%

Benalla

3672

$208,750

6%

Dennington

3280

$325,001

6%

Source RP Data

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