Free investor tool
Rental yield calculator
Work out the gross and net rental yield of an Australian investment property, and what it costs or pays you each week after interest. Change any figure and the results update instantly.
Updated · Free, no sign-up
How it works
Gross yield, net yield and cash flow
Gross yield is a full year of rent divided by the purchase price. It is quick to calculate and useful for a first comparison, but it ignores every cost of owning the property.
Net yield takes the rent you actually collect after vacant weeks, subtracts management fees, council rates, water, strata, insurance, maintenance and land tax, and divides what is left by the purchase price. Two properties with the same gross yield can have very different net yields once strata and other costs are counted.
Cash flow goes one step further and subtracts loan interest, so you can see whether the property pays for itself. It is calculated before tax and depreciation, which can change the result materially.
The numbers are one part of the decision
We look at the figures alongside growth drivers, vacancy, supply and how a property fits your borrowing and portfolio plans, then choose the market that suits your strategy, wherever it is in Australia. See how we buy investment property.
FAQ
Common questions
What is rental yield?
Rental yield is a property's yearly rent as a percentage of its purchase price. It shows how much income the property produces relative to what it cost, so you can compare properties at different prices on the same footing.
How do you calculate gross rental yield?
Multiply the weekly rent by 52, divide by the purchase price, then multiply by 100. A $600,000 property renting for $550 a week has a gross yield of 4.77% ($28,600 ÷ $600,000 × 100).
How do you calculate net rental yield?
Start with the rent you actually collect after vacant weeks, subtract the yearly costs of owning the property (management fees, council rates, water, strata, insurance, maintenance and land tax), then divide by the purchase price and multiply by 100.
Does rental yield include mortgage repayments?
No. Yield measures the property's income against its price, whatever the financing. This calculator also shows cash flow after interest, using an interest-only loan so properties can be compared on the same basis.
What is a good rental yield in Australia?
It depends on the market, the property type and your strategy. Higher yield can come with weaker growth or higher risk, so weigh yield alongside growth, vacancy, supply and your own cash flow rather than chasing a single number.
Is this financial advice?
No. It is a general estimate to help you compare options. It does not consider your personal circumstances, and results depend on the figures you enter. Check them with your accountant, mortgage broker or financial adviser before you act.
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