Rental yield calculator
What is your property really earning?
Enter three numbers to see your gross and net rental yield instantly. Then read on to understand what each one is telling you.
Your numbers
Purchase price or current market value
That's A$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%
A$27,300 net income per year
Yields are a guide only and exclude loan interest, capital growth and tax. Figures update as you type.
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.
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.