Investor yields on up.
Adelaide’s investment property market continues to perform strongly, delivering the second highest yields of the major capital cities.
According to the latest CoreLogic Hedonic Home Value Index, Adelaide houses are currently returning rental yields of 4 percent, and units of 4.8 percent. This is above the national house yield of 3 percent and unit yield of 4 percent, and suits just behind Brisbane, which delivered a 4.1 percent yield for houses and 5.2 percent yield for units.
According to the report, Adelaide home values have grown by 2.4 percent over the past year. Adelaide currently has a median house price of $465,000 and a median unit price of $380,000.
*Source: The Advertiser Newspaper
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