l yields 2026: what investors actually earn. See the body for the breakdown, and read our methodology for how we research and verify." cover_alt: “Tullamarine lifestyle” cover_credit: “wikimedia_commons” figures: [{“position”: “Rental Yield Summary”, “url”: “https://upload.wikimedia.org/wikipedia/commons/7/7b/Eastern_Australia_Airlines_VH-TQL_De_Havilland_Canada_DHC-8-300_Dash_8_8Q_Melbourne_International_Airport_%28MEL-YMML%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/7/7b/Eastern_Australia_Airlines_VH-TQL_De_Havilland_Canada_DHC-8-300_Dash_8_8Q_Melbourne_International_Airport_%28MEL-YMML%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 | $763,007 | $551/wk | 3.8% | 2.0% |
| Units | $358,908 | $298/wk | 4.3% | 2.8% |
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: $1513/year
- Insurance (landlord): $1,200-1,800/year
- Property management (7-8%): $2,148/year
- Maintenance allowance (1%): $7,630/year
- Vacancy (2-4 weeks/year): $1,653/year
Net annual income (house): $13,720 Net yield: 2.0%
Vacancy Rate
Current vacancy: 2.8%
Tight market – tenants c
