Rental yield calculator
Pick an area to start from its median price and rent, then change any figure to match the property you have in mind.
Your figures
Works out gross and net yield before interest and tax.
Gross yield
Net yield
Net income a year
Area figures: median sale price (March quarter 2026) and median weekly rent (June quarter 2026) for the postcode, from the NSW Rent and Sales Report, © State of New South Wales (DCJ), CC BY 4.0. The cost defaults are illustrative only; replace them with the property's actual costs. This is general information, not financial advice.
Questions
About yield
What is rental yield?
Gross rental yield is a year's rent as a percentage of the property's value. Net yield takes off the running costs first: management, council and water rates, insurance, strata and maintenance. Net yield is the figure that tells you what the property actually returns.
What is a good rental yield?
It depends on the area and the property. Homes close to the coast often have lower yields because prices are high relative to rents, while capital growth may be stronger. Compare suburbs using the same assumptions, and talk to your accountant before you buy.
Does this include tax or interest?
No. The calculator works out yield before interest and tax. Your loan costs, depreciation and tax position change the result, so treat this as a starting point.
Know the rent before you guess the yield
A rental appraisal gives you a weekly figure for the actual property, based on homes leased nearby.