Newsflash: Is a Gross Rental Yield of 5.48% considered low in Australia?

An English friend of mine says that this is “quite low”, compared to what he’s experienced back in the UK, Everywhere I look online here seems to indicate that about 5.5% gross is a pretty good deal.I realise that the market you’re operating (I.e. the city) has an impact. For reference, we were discussing Canberra and Adelaide.Real estate investors of Australia, what do you think?

Read more at https://www.reddit.com/r/RealEstate/comments/bpqm3b/is_a_gross_rental_yield_of_548_considered_low_in/?utm_source=ifttt

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