An analysis of CoreLogic data to August 2024 ranked Ouyen in Victoria’s north west as the state’s strongest house rental yield at 8.8 per cent, followed by Rochester and Warracknabeal, while Melbourne’s city centre led units on 8.1 per cent. Victorian yields generally trailed other states, with Melbourne houses at 3.3 per cent. Land tax and absentee surcharges were noted as a drag on net returns.
Reported by
Barry O’Sullivan, Savings.com.au, 15 January 2025
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