For Australian Investors
Rental Yield Calculator Australia
Compare your rental yield with a free suburb benchmark, then see your gross and net yield — completely free.
Compare your yield with local market benchmarksCompare your yield with local market benchmarks for free
Purchase price or current market value
That's $33,800 per year.
Rates, insurance, management fees, repairs, strata — everything except loan principal
Gross yield
4.51%
Before any expenses
Net yield
3.64%
$27,300 net income/yr
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Related guides
What Is a Good Rental Yield in Australia?
Indicative gross yield ranges by capital city, houses vs units, plus the ABS renter-demand context behind why Australian yields run low.
Read the guideWhat Is a Good Rental Yield?
The universal framework for judging a yield — typical ranges, the yield-risk trade-off, and what to compare it against.
Read the guideTop Australian states for yield
Indicative gross and net yield by state and territory, based on typical dwelling values and asking rents as at early 2026. Ranked highest gross yield first.
Northern Territory
Median value $500,000 · Weekly rent $580
Gross yield
6.03%
Net yield
4.73%
Western Australia
Median value $780,000 · Weekly rent $650
Gross yield
4.33%
Net yield
3.46%
Tasmania
Median value $660,000 · Weekly rent $520
Gross yield
4.10%
Net yield
3.19%
South Australia
Median value $760,000 · Weekly rent $580
Gross yield
3.97%
Net yield
3.11%
Australian Capital Territory
Median value $840,000 · Weekly rent $640
Gross yield
3.96%
Net yield
3.01%
Queensland
Median value $820,000 · Weekly rent $620
Gross yield
3.93%
Net yield
3.02%
Victoria
Median value $780,000 · Weekly rent $560
Gross yield
3.73%
Net yield
2.77%
New South Wales
Median value $1,180,000 · Weekly rent $720
Gross yield
3.17%
Net yield
2.41%
These are indicative, editorial estimates — not live ABS or CoreLogic figures — meant to show how yield typically stacks up across states. Search any suburb above to see its actual numbers against these benchmarks.
Gross vs net yield — what's the difference?
Both are expressed as a percentage of the property's value, but they answer very different questions.
Gross yield
Annual rent ÷ property value × 100
The headline number. It shows the rent a property brings in relative to its price, before a single expense is paid. Gross yield is useful for quickly comparing one property against another, but it flatters the return because it ignores the real cost of holding the property.
Net yield
(Annual rent − running costs) ÷ property value × 100
The honest number. It subtracts the ongoing costs of ownership — council rates, insurance, management fees, maintenance, strata and the like — before dividing by the value. Net yield is much closer to what you actually keep, which is why serious investors lead with it.
Rental Yield Formula
A worked example
A $750,000 property renting at $650 per week earns $33,800 a year, so its gross yield is 4.51%. Take away $6,500 of annual running costs and you keep $27,300 — a net yield of 3.64%. Same property, same rent, but nearly a full percentage point separates the two. That gap is the cost of ownership, and it is exactly what gross yield hides.
A few things yield doesn't include
- Loan interest — yield measures the property, not how you financed it.
- Capital growth — the change in the property's value over time is a separate return.
- Tax — depreciation, deductions and your marginal rate all affect what you keep.
- Vacancy — most calculations assume the property is rented all year.
Akweno tracks all of this for your real portfolio — gross and net yield per property, alongside equity, cash flow and capital growth — updated as you record transactions and valuations. Start free.
Related guides
What is a good rental yield in Australia?
Indicative capital-city yield ranges, live ABS renter-demand context, and how to judge whether your own number stacks up.
Read the guideWhere are rental yields highest in Australia?
A suburb-by-suburb look at where yield is strongest across the country right now, and why.
Read the guideMelbourne vs Sydney vs Brisbane vs Perth rental yields
How gross and net yield compare across Australia's four biggest capital city markets.
Read the guideAustralian stamp duty guide for property investors
What stamp duty actually costs by state, and how it affects the real return behind your yield number.
Read the guideRelated insights
Australian property insights
Live market data, yield trends and investor analysis for Australian property, updated regularly.
Read the articleHow do I track rental income?
How to record rental income properly so your yield and cash flow figures stay accurate across your whole portfolio.
Read the articleWhere yield fits in your next move
Yield is one number in a bigger decision. Depending on where you are in owning (or not yet owning) this property, a different calculator answers the question you actually have.
Before you buy
You're weighing up whether to make an offer.
Once you own it
You hold the property and want the fuller picture.
Planning ahead
You're thinking beyond this year's income.
SEE MORE. DECIDE AHEAD. BUILD WEALTH.
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