Does anyone know where I can find what the median rental amounts per week are for a 3brm house ( or something ) in each capital city?
Have seen it in Aust Property investor before but cant find it again.
Thanks for your help!
[biggrin]Hiya and welcome Dammit!
This info is usually repeated in API every couple of issues.
Hope this helps.[biggrin]Page 38 of the RBA’s recent statement on monetary policy has graphs comparing the median gross rental yield for each capital city over the last 15 years. This can be used with median house price information from your local rei* website
(eg http://www.reiv.com.au, http://www.reiq.com.au, http://www.reiwa.com.au) to get the per week average rental on a median priced 3 b/r house. Or something.
Cheers, F.[cowboy2]
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