Rental Yield Calculator Australia
Work out the gross rental yield on any Australian investment property in seconds. Enter the purchase price and weekly rent — we'll do the maths and show you the percentage return.
Enter the numbers
Enter the property price and weekly rent above to see the gross rental yield.
How to calculate rental yield in Australia
Rental yield is one of the first numbers any Australian property investor learns. It tells you how much annual rental income a property generates relative to its price — making it an easy way to compare two very different properties on a like-for-like basis.
The investment property yield calculator Australia formula is straightforward: take the weekly rent, multiply by 52 weeks, then divide by the purchase price. Multiply the result by 100 to express it as a percentage.
Gross Yield (%) = (Weekly Rent × 52) ÷ Purchase Price × 100
Example: a $600,000 unit renting at $520/week
$520 × 52 = $27,040 annual rent. Divide by $600,000 = 0.04507. Multiply by 100 = 4.51% gross rental yield. That's a healthy number for a metropolitan unit in 2026 — comfortably ahead of the city-wide median.
Gross yield vs net yield
This property yield calculator returns gross yield — the headline number ignoring expenses. To compute net yield, subtract annual operating costs (council rates, water, insurance, property management fees, repairs, body corporate, land tax) from the annual rent before dividing by the purchase price. Net yield is typically 1.0–1.5 percentage points lower than gross.
Frequently asked questions
How is rental yield calculated in Australia?
Gross rental yield is the annual rent divided by the property's purchase price (or current value), expressed as a percentage. The formula is: (weekly rent × 52) ÷ purchase price × 100. Net yield additionally subtracts annual operating expenses before dividing.
What is a good rental yield in Australia?
In 2026, gross yields of 3–4% are typical for inner-city houses, 4–5% for units, and 5–7% for outer-ring or regional properties. Anything above 6% gross deserves a closer look at the underlying market and tenant quality.
What's the difference between gross and net rental yield?
Gross yield ignores expenses — useful for quick screening. Net yield subtracts council rates, insurance, management fees, repairs, body corporate and land tax, giving you a more honest comparison number.
Does rental yield include the loan?
No. Rental yield is calculated against the purchase price, ignoring how the property is financed. Cash flow and ROI are the metrics that incorporate the loan.
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