the breakdown, and read our methodology for how we research and verify." cover_alt: “Princes Hill lifestyle” cover_credit: “wikimedia_commons” figures: [{“position”: “Rental Yield Summary”, “url”: “https://upload.wikimedia.org/wikipedia/commons/2/20/2014_Audi_TTS_%288J_MY14%29_quattro_coupe_%282015-12-07%29_02.jpg”, “alt”: “Rental Yield Summary”, “credit”: “wikimedia_commons”, “score”: 70}, {“position”: “Gross vs Net: The Real Numbers”, “url”: “https://upload.wikimedia.org/wikipedia/commons/2/20/2014_Audi_TTS_%288J_MY14%29_quattro_coupe_%282015-12-07%29_02.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 | $671,192 | $475/wk | 3.7% | 1.9% |
| Units | $300,172 | $292/wk | 5.1% | 3.6% |
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: $2487/year
- Insurance (landlord): $1,200-1,800/year
- Property management (7-8%): $1,852/year
- Maintenance allowance (1%): $6,711/year
- Vacancy (2-4 weeks/year): $1,425/year
Net annual income (house): $11,210 Net yield: 1.9%
Vacancy Rate
Current vacancy: 3.0%
Moderate vacancy. Marketing time of 2-3 weeks between tenancies is typical.
How Princes Hill Compares
| Suburb | House Yield | Unit Yield |
|---|---|---|
| **Princes |
