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NSW's 18 highest yielding unit locations topped out by Ultimo

Ultimo, two kilometres out of the Sydney CBD, ranks among New South Wales highest gross yielding rental suburbs at 11.3%, according to RP Data. Then Bella Vista, the outer Sydney suburb comes in as runner up.

The median weekly advertised rent in Ultimo is $500. The surprise ranking comes due to dramatic decrease in the median unit price, which suggests a shift in the type of apartments sold during the year reflected the lower end rather than the prestige end of the market. 

Property Observer lists the top 18 New South Wales rental yield locations, with yields typically ranging from 7% to 11.3%.

 

Location

Gross Rental Yield

Weekly Median Advertised Rent:

Bateau Bay

7

$325

Batehaven

7

$250

Bella Vista

11

$680

Bradbury

7

$320

Casino

8

$285

Dubbo

7

$230

East Tamworth

7

$260

Kooringal

7

$210

Metford

7

$340

Murwillumbah

8

$280

Nambucca Heads

8

$330

North Albury

10

$190

North Tamworth

7

$270

Nowra

8

$200

South Tamworth

7

$215

Tumut

7

$210

Ultimo

11

$500

Wyong

7

$305

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