media_commons" figures: [{“position”: “Rental Yield Summary”, “url”: “https://upload.wikimedia.org/wikipedia/commons/9/98/Blairgowrie_Yacht_Squadron%2C_Blairgowrie%2C_Victoria_03.jpg”, “alt”: “Rental Yield Summary”, “credit”: “wikimedia_commons”, “score”: 70}, {“position”: “Gross vs Net: The Real Numbers”, “url”: “https://upload.wikimedia.org/wikipedia/commons/9/98/Blairgowrie_Yacht_Squadron%2C_Blairgowrie%2C_Victoria_03.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 | $725,772 | $532/wk | 3.8% | 2.0% |
| Units | $360,301 | $302/wk | 4.4% | 2.9% |
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: $2320/year
- Insurance (landlord): $1,200-1,800/year
- Property management (7-8%): $2,074/year
- Maintenance allowance (1%): $7,257/year
- Vacancy (2-4 weeks/year): $1,596/year
Net annual income (house): $13,235 Net yield: 2.0%
Vacancy Rate
Current vacancy: 1.8%
Tight market – tenants compete for properties. Expect minimal vacancy between tenants.
How Blairgowrie Compares
| Suburb | House Yield | Unit Yield |
|---|---|---|
| Blairgowrie | 3.8% | 4.4% |
| Melbourne average | 3.2% | 4.1% |
| Box Hill | 3.1% | 4.6% |
Solid middle-ring returns that balance yie
