ition": “Rental Yield Summary”, “url”: “https://upload.wikimedia.org/wikipedia/commons/e/e5/1973_Holden_LJ_Torana_GTR_%2848296774667%29.jpg", “alt”: “Rental Yield Summary”, “credit”: “wikimedia_commons”, “score”: 70}, {“position”: “Gross vs Net: The Real Numbers”, “url”: “https://upload.wikimedia.org/wikipedia/commons/e/e5/1973_Holden_LJ_Torana_GTR_%2848296774667%29.jpg", “alt”: “Gross vs Net: The Real Numbers”, “credit”: “wikimedia_commons”, “score”: 70}] —## Rental Yield Summary
| Property Type | Median Price | Weekly Rent | Gross Yield | Net Yield (est) |
|---|---|---|---|---|
| Houses | $732,480 | $429/wk | 3.0% | 1.2% |
| Units | $436,642 | $344/wk | 4.1% | 2.6% |
Gross vs Net: The Real Numbers
Gross yield is what most headlines quote. Net yield is what you actually keep after costs.
Annual costs that eat your yield:
- Council rates: $2723/year
- Insurance (landlord): $1,200-1,800/year
- Property management (7-8%): $1,673/year
- Maintenance allowance (1%): $7,324/year
- Vacancy (2-4 weeks/year): $1,287/year
Net annual income (house): $8,523 Net yield: 1.2%
Vacancy Rate
Current vacancy: 1.5%
Moderate vacancy. Marketing time of 2-3 weeks between tenancies is typical.
How Bayswater North Compares
| Suburb | House Yield | Unit Yield |
|---|---|---|
| Bayswater North | 3.0% | 4.1% |
| Melbourne average | 3.2% | 4.1% |
| Box Hill | 3.4% | 4.4% |
Solid middle-ring returns that balance yield with capital growth potential.
Cash Flow Analysis
At cur
