Melbourne developer Spacious Group has completed Voyage Altona, one of the closest new apartment developments to Altona Beach.

Off the plan purchasers have started moving into the 49-apartment project on Pier Street, with the remaining move-in-ready one-, two- and three-bedroom apartments starting from just over $500,000.

Display apartments have now been fitted out, allowing prospective buyers to inspect the completed residences by appointment.

[smartcode_project:default project_id=112195 project_image_fid=372638]

The completed apartments feature open-plan living and dining areas which extend onto private balconies and terraces, while full-height glazing maximises natural light throughout the interiors.&nbsp;

Hybrid timber-look flooring, stone benchtops, Miele appliances, porcelain-tiled bathrooms and generous storage feature throughout the building which also features landscaped communal areas, expansive shared terraces, lift access and secure on-grade parking.

Drawing inspiration from its bayside setting, Voyage adopts a restrained palette of warm neutral tones and textured finishes. Many of the apartments take advantage of views across Port Phillip Bay, while the indoor-outdoor living spaces have been designed to make the most of the coastal outlook.

[smartcode_project:default project_id=112195 project_image_fid=3286]

Voyage was developed to address what Spacious Group identified as an undersupply of higher-quality apartment product in Altona, with a focus on owner-occupiers looking to remain within the bayside community.

"Voyage responds to very strong local buyer demand for quality, owner-occupier-focused product," says Barry Plant Projects Director Jarrod Farey, who has handled sales since the project's launch.

"The project delivers an elevated lifestyle proposition, with its design and quality of finish far exceeding anything previously produced in the area, as well as its proximity to Pier Street Village and the beach."

The majority of purchasers have been local downsizers and owner-occupiers looking to stay within the Altona community but who previously had limited opportunities to buy a brand-new apartment.

[smartcode_project_cta:default project_id=112195]

Joel Robinson

Spacious Group completes Voyage Altona in Altona's beachside precinct

Homecorp has secured approval for a $360 million apartment development at Budds Beach, paving the way for one of the Gold Coast's most amenity-rich residential projects to launch later this year.

Gold Coast City Council has approved Lýon Residences, a 32-level tower that will deliver 178 two and three-bedroom apartments across a prominent corner site at 8-10 Acacia Avenue and 25-27 Oak Avenue.

The approval comes as developers continue to invest in premium lifestyle-driven apartment projects on the Gold Coast, where owner occupiers are increasingly prioritising amenity as much as apartment size and location.

<a href="https://www.apartments.com.au/new-apartments/l-on-residences-25-27-oak-avenue-surfers-paradise-qld-4217">Lýon Residences</a> has been designed around a resort-style wellness offering, headlined by a Moroccan-inspired spa precinct featuring treatment rooms, a Nordic sauna and steam room, hot and cold plunge pools, a soaking pool and a residents-only juice bar.

The rooftop will include a heated infinity pool and spa, residents' lounge with private kitchen and bar, gymnasium, yoga and Pilates studio, outdoor entertaining areas and barbecue facilities overlooking the Surfers Paradise skyline.

<img alt="Lyon" data-entity-type="file" data-entity-uuid="2d3e29af-8793-486e-a684-52cef862241f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-15%20at%204.32.26%E2%80%AFPM.png?VersionId=ayG2zpLf3SS6Zy8XmKDcQods4kVWb0gm" />

Homecorp Founder and CEO Ron Bakir said Budds Beach provided the ideal location for the company's latest luxury apartment project.

"Budds Beach represents one of the most unique and sought-after pockets of the Gold Coast, and Lýon Residences has been designed to reflect that sense of rarity and refinement," Bakir said.

The project arrives as wellness continues to become a defining feature of new residential developments both in Australia and internationally.

The latest Global Wellness Institute figures show wellness real estate remains the fastest-growing segment of the global wellness economy and is forecast to exceed $1.8 trillion by 2030. Australia continues to rank among the world's 15 largest wellness real estate markets, with developers increasingly integrating health, recreation and community facilities into apartment projects.

Queensland is also experiencing strong population growth, with the Gold Coast continuing to outperform many other Australian cities as demand for new housing remains elevated ahead of the 2032 Olympic and Paralympic Games.

Bakir said the project had been designed to respond to that shift in buyer expectations.

"Strong population growth and sustained demand across the Gold Coast continue to highlight the need for well-designed new housing supply. Lýon Residences responds directly to this demand while setting a new benchmark for residential living," he said.

Each apartment has been designed to maximise views across the coastline, the Nerang River and the Gold Coast hinterland.

Located just minutes from Surfers Paradise beach and the Broadwater, the development also offers easy access to the light rail network, Broadbeach and Burleigh Heads.

Early site works are underway, with construction expected to commence later this year.

Homecorp approved for Budds Beach apartment tower, Lýon Residences

New apartment developments with uninterrupted, north-facing views over Perth's Swan River are exceptionally rare.

Recognising just how limited those opportunities are, <a href="https://www.apartments.com.au/developers/edge-visionary-living">Edge Visionary Living</a>, one of Perth's most respected builder-developers, targeted <a href="https://www.apartments.com.au/developments/applecross-wa-6153">Applecross</a>, assembling an unrepeatable 6,342 sqm riverfront site on the corner of Moreau Mews and Canning Beach Road to create one of Perth's only new north-facing apartment developments directly overlooking the Swan River.

Today, <a href="https://www.apartments.com.au/buildings/riviere-residences-applecross-59-canning-beach-road-applecross-wa-6153">Rivière Residences</a> offers buyers a unique opportunity to choose between completed residences ready to move into now and off-the-plan homes in the final stage, Rivière West.

[smartcode_project:default project_id=28384 project_image_fid=3823]

Across the completed East and Central buildings, residents are already enjoying the development's luxury amenity, while two of the precinct's hospitality venues are now open.

The completed component of the development gives buyers the advantage of experiencing the finished product firsthand, including its uninterrupted river views, while still having the opportunity to secure a residence in the final stage.

"People are wowed by the view and the quality of the apartments,"&nbsp;Edge Visionary Living Sales Executive, Holly McSweeney, says.

"They're looking for the convenience of lock-and-leave living, but they're not looking to downsize on quality."

[smartcode_project:default project_id=28384 project_image_fid=3826]

The rarity of the development hasn't been lost on prospective buyers, McSweeney says.

For McSweeney, it all comes back to a location that is becoming increasingly difficult to replicate.

"Location, location, location," she says. "We are nestled right on the front of the Swan River. You can never get built out, so wherever you are in Rivière Residences, you've got views of the river forever."

The unique waterfront position has resonated particularly strongly with local downsizers. McSweeney says many buyers are long-time Applecross residents looking to transition from large family homes into a luxury apartment without sacrificing space, quality or the lifestyle they've enjoyed for decades.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/N_FowNW0wu8?si=vb25XFq1wZ-iufAW" title="YouTube video player" width="560"></iframe>

A major focus for Edge in recent years has been resident amenity. Across its apartment portfolio, from beachfront developments in Scarborough to luxury towers in South Perth, the developer has increasingly invested in the spaces beyond the apartment itself.

The strategy has largely been shaped by downsizer demand. Many buyers are moving from large family homes with swimming pools and established gardens. While they're looking to leave the maintenance behind, they don't want to compromise on lifestyle.

At Rivière, <a href="https://www.apartments.com.au/architects/hillam-architects">Hillam Architects</a> designed the resident facilities as an extension of each apartment. A 25-metre heated swimming pool takes advantage of the north-facing river outlook, complemented by a large gym, sauna and steam rooms, private dining spaces, residents' lounges, a cinema, games room, and dedicated wine and whisky rooms.

[smartcode_project:default project_id=28384 project_image_fid=372542]

The waterfront location has also proved to be a major drawcard. Residents are within walking distance of the Raffles Hotel, South of Perth Yacht Club, the Heathcote Cultural Precinct and the cafés, restaurants and boutiques along Ardross Street.

Beyond the location and amenity, McSweeney says many buyers take confidence from Edge's fully integrated development model.

Having delivered apartments across Perth for decades, Edge now designs, develops and constructs its projects in-house, giving the company greater control over quality, delivery and the finished product.

"What I love is when people walk through their apartment for the first time and say, 'This is better than what we imagined,'" McSweeney says. "We hear that all the time."

Completed apartments in the East and Central buildings are now available to inspect by appointment, while Rivière West, the final stage of the precinct, is expected to be completed in the first quarter of 2027.

[smartcode_project_cta:default project_id=28384]

North-facing Swan River views drive demand at Rivière Residences in Applecross

Nearly 60 per cent of apartments at McNab Group's $220 million The Tannery development in Brisbane's West End have sold ahead of the project's public launch, including a suburb-record $2.57 million sale for a two-bedroom apartment.

The early sales campaign has secured buyers for 50 of the project's 87 apartments, highlighting continued demand for larger owner-occupier apartments that combine generous floorplans with premium lifestyle amenities in one of Brisbane's most tightly held inner-city suburbs.

[smartcode_project:default project_id=143337 project_image_fid=374768]

McNab Group Executive Chairman Michael McNab said selling more than half the project before launch reflected changing buyer expectations.

"Selling more than half the project before public sales open tells us buyers are actively seeking apartments that offer something genuinely different," McNab said.

"Today's buyers are looking beyond four walls. They want homes that genuinely enhance the way they live, with spaces that support health, connection and everyday wellbeing."

[smartcode_project:default project_id=143337 project_image_fid=374767]

A key point of difference for the project is the adaptive reuse of the heritage-listed Dixon's Tannery building, which will become The Retreat, a residents-only wellness precinct rather than being redeveloped into additional apartments.

The Retreat will feature a sauna and steam room, hot and cold plunge pools, a commercial-grade gym, Pilates studio, cinema, library, co-working spaces and private dining room. Rooftop amenities will include a swimming pool, landscaped gardens, outdoor entertaining areas and dog-friendly spaces.

[smartcode_project:default project_id=143337 project_image_fid=374760]

Designed by Cottee Parker Architects with interiors by Tom Mark Henry and landscape architecture by Aspect Studios, The Tannery comprises 87 two, three and four-bedroom apartments across 11 levels overlooking the Brisbane River.

Cottee Parker principal Dee Passenger said preserving the original tannery building had been central to the project's design.

"The easy option would have been to maximise the site's development potential with additional apartments. Instead, McNab has chosen to preserve the original tannery as a shared wellness retreat, ensuring this important piece of Brisbane's history remains at the heart of the community."

Passenger said sustainability also played a key role in the design, with materials from the original industrial site salvaged and repurposed throughout the development.

[smartcode_project:default project_id=143337 project_image_fid=374761]

Motiv CEO Carly Cottam said buyers had responded strongly to the combination of larger apartments, wellness facilities and the West End lifestyle.

"We are seeing more buyers looking for homes in the sky that provide the space and functionality of a traditional home, while benefiting from the convenience and lifestyle that apartment living brings," Cottam said.

She said purchasers included both owner occupiers and investors, with demand coming from local buyers as well as interstate purchasers.

Coinciding with the public launch, McNab also announced a partnership with Queensland Ballet, whose neighbouring Thomas Dixon Centre shares historical ties with the original Dixon family.

Located on a 4,465 sqm site at 439 Montague Road, The Tannery overlooks the Brisbane River and is around 10 minutes from the CBD.

Construction is underway, with completion expected in the second half of 2027.

[smartcode_project_cta:default project_id=143337]

More than half of residences sold before public sales as McNab announces significant partnership with Queensland Ballet

McNab's The Tannery nears 60 per cent sold before public release, sets two-bedroom West End record

Iwan Sunito's vision for a landmark mixed-use precinct in Sydney's Inner West has taken a major step forward, with approval granted for the $1.9 billion Five Dock development first unveiled earlier this year.

The approved scheme by <a href="https://www.apartments.com.au/developers/one-global-capital">One Global Capital</a> will deliver an 80,500 sqm mixed-use precinct comprising 840 apartments, integrated hotel accommodation, commercial and retail space, alongside publicly accessible open space designed to create a new destination for the growing suburb.

"This is a significant milestone for One Global Capital and for the future of housing delivery in Sydney," Sunito said.

"The Housing Delivery Authority was established to identify major housing projects capable of delivering meaningful supply more efficiently, and we are delighted that Spencer Street has been recognised as one of those projects.”

He said the declaration reflected the rapid progress achieved since acquiring control of the site.

"In less than seven months we have progressed from taking control of the site to securing entry into one of the NSW Government's most important planning pathways. It reflects the experience of our team, the strength of our consultant group led by Urbis, and our long-term commitment to delivering transformational projects that contribute to Sydney's future."

When the project was revealed earlier this year, Sunito described the opportunity as one of the strongest development sites he had worked on.

"I probably hadn't appreciated the uniqueness of the site until more recently when putting together the concept plans," Sunito said.

"The proximity to the water, and the golf course opposite, is unlike any other part of Parramatta Road. We have a unique position and view corridors over the water that makes this one of the best sites I've worked on."

The development has evolved since its initial announcement, with the approved plans increasing the residential component from the originally proposed 750 apartments to 840 homes while retaining the project's focus on creating an integrated neighbourhood rather than a standalone residential development.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/a-city-within-a-city-iwan-sunito-flags-1-5-billion-mixed-use-precinct-in-five-dock">"A city within a city": Iwan Sunito flags $1.5 billion mixed-use precinct in Five Dock</a>

The precinct will combine apartments with hotel accommodation, commercial workplaces, retail offerings and public spaces, creating a mixed-use environment intended to serve both residents and the broader Five Dock community. The proposal also continues the collaboration between One Global Capital and internationally recognised architect <a href="https://www.apartments.com.au/architects/koichi-takada-architects">Koichi Takada</a>, whose previous work with Sunito includes Infinity, Arc and Skye North Sydney.

Takada previously said the design was driven by a philosophy of integrating nature into the built environment.

"The concept for this development is born from our design approach to naturalising architecture," Takada said.

"The public realm benefits from biophilic design that integrates generous landscaping, and the development is optimised for natural daylight, airflow and water views to foster wellbeing, sustainability and spaces that foster community interaction."

Sunito has consistently described the project as a "city within a city", with a strong emphasis on creating a destination that extends beyond housing.

"We want to create a development that's not only to be seen, but to be experienced by the whole local community," he said.

The approval comes as Five Dock continues its transformation ahead of the opening of the Sydney Metro West line, with the new Five Dock station set to significantly improve connections between the Inner West, Parramatta and the Sydney CBD.&nbsp;

The precinct will also benefit from its proximity to the Parramatta Road corridor, nearby waterfront parklands and established retail and dining offerings that have made Five Dock one of Sydney's most tightly held Inner West suburbs.

Iwan Sunito secures approval for $1.9 billion Five Dock mixed-use precinct

Rental Yield

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Rental increases are at their slowest pace on record at 0.7% over the year, according to the CoreLogic RP Data August Rental Review.
The extent of the current construction boom across the capital cities and slowing population growth is cited as driving factors. 
Over August, weekly rents fell by a further -0.4% and combined capital city rental rates are recorded at $487/week for houses and $462/week for units. 
CoreLogic RP Data senior research analyst Cameron Kusher said annual rental growth is well below its 10 year average levels. The 10-year annual rate of rental growth is currently higher than growth over the past year across each capital city. 
“Additional accommodation being provided by the current building boom along with record high levels of investment purchasing is adding substantial new dwelling supply to the market at a time where the rate of population growth is slowing,” he said.
 “At the same time as rental growth is slowing the rise in home values is pushing rental yields lower. Across the combined capital cities gross rental yields sit at record lows of 3.4% for houses and 4.3% for units.
“The ongoing decline in yields is largely being driven by Sydney and Melbourne where rental growth is sluggish and value growth is strong. As a result both cities currently have record low rental yields." 
<a href="/images/2015/09/10/Screen%20Shot%202015-09-10%20at%2011.21.10%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2015/09/10/Screen%20Shot%202015-09-10%20at%2011.21.10%20AM.png" alt="">
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mick.cee-iDmgDDAmu8

Annual national rental rate increase drops to all-time low of 0.7%: CoreLogic RP Data

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NFL San Francisco 49ers rookie Jarryd Hayne, currently chasing his American dream, has a property investment portfolio back home in Sydney.
The priciest is a terrace in Darlinghurst that cost $1.58 million in 2013.
He recently rented it out with a $1,100 weekly asking rent through the Our Estates agency. 
What caught my attention was prior attempts to lease the West Avenue property at $1,700 a week.
There was a simple reason for the sharp rental difference - Hayne had bought it fully furnished and until recently had continued its short term rental setup.
Only trouble was the $1,700 short term tenants were few and far between - and it needed higher attendance to maintenance than the typical six or 12 month rental agreement.
His gross investment rental return now equates to around 3.6% - which sits between the median yield range of Sydney houses and apartments. 
Gross rental yields are trending lower, according to the CoreLogic RP Data, with Sydney's gross rental yield currently at 3.1% for houses and apartments at 4.1%.
CoreLogic's head of research Tim Lawless noted Sydney rents had increased by around 2.5% over the past year while values have climbed 17.6 per cent higher.
"It is easy to see how yields are getting squashed," Tim Lawless said.
Investors seeking yields will be likewise challenged if they head to other capital cities, as the Melbourne house yield sits even lower at 3% and at 4.1% for apartments.
Risky Darwin ranks as the highest capital on offer at 5.5% yield for houses and for units. National gross rental yields sitting at 7.8% in 1996 are now at a low of 3.5% for houses. 
It is not to say rents aren't constantly rising across Sydney.
Onthehouse calculates house rental growth in Sydney has averaged 4.75% over the past 25 years, putting the typical rental income for a Sydney house at $680 a week and $560 for an apartment. It is $400 outside of Sydney for NSW houses and $345 for NSW units, both reflecting around 5% gross yields.
The REINSW’s latest vacancy rate sits at 1.9% with population growth helping to fill vacant Sydney homes and potentially greater upwards pressure on rents. 
This is especially likely in those suburbs where newly constructed dwelling supply is in short supply. 
The inner-city had Sydney’s highest rate at 2.1% as plenty of newly constructed apartments are completed.
The middle-city sits at 1.7% and the outer-city fell at 1.6%. 
"The low yield scenario has largely been overlooked by investors who appear to be more focused on chasing future anticipated capital gains rather than aiming for cash flow," Lawless noted this week.
After such strong recent price growth there must inevitably come a pause, possibly lengthy.
I'm thinking after three years with around 15% annual price growth, that the investment focus on bricks and mortar ought sensibly shift to being a bit more about the yield.
It is though a rare occurrence for weekly rents to outpace dwelling values for growth as Tim Lawless says since 1996 there have been only two periods - around 2008 and 2011.
I don't see capital city yields returning to the highs of the 1990’s, but is reasonable to presume upcoming improvements in yields. 
The emergence of the more professional longterm SMSFs investors and their retirement income purpose might help shift the focus towards the rental side of the investment.
Then what would be terrific was if it also triggers a shift to long tenure European-style rental agreements. Short term rentals aren't the best foundation for improving anyone's housing situation.  
This article was first published in the Saturday Daily Telegraph.
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jchancellor-FAypfDUnLy

49ers rookie Jarryd Hayne reaping Sydney rental yield

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Property investors have been pampered with an assortment of developments throughout Sydney over the last three years. Developments that have seen in the most part vacancy rates as low as 1.2%. 
Adding to the investors fortune are almost no-vacancy periods. High capital growth and low vacancy is an investors dream but how long will and can the party last? 
As I drive around Sydney in general and meet with clients in coffee shops, I have been noticing the emergence of the For Lease signboard. In some apartment buildings there are two, even three signboards adorning their front landscape. A sight not witnessed for some time.
As many investors have been feasting on the high property yields, many may drop their guard with respect to the upcoming oversupply and less demand for rental property. Current reports are now emerging with vacancy rate figures on the rise.
With the rise in vacancy periods comes the upsurge of the For Lease signboard - a symbol that should bring terror to the property investor. I am of the opinion that these signboards will grow in numbers, as they pop up like mushrooms in the front yards of older buildings. Tenants will migrate from the older apartment blocks to those newly built. 
There are other reports floating around that we have 90,000 off-the-plan purchases yet to be completed over the following 12 months. Again, I’m of the opinion the numbers quoted by the mainstream are conservative figures. It will be no surprise to finally calculate 130,000 plus apartments being built in the capital cities along the east coast of Australia. 
But wait! There is a hell of a lot more in planning and proposal stages. When I say a lot, I don’t just mean tens of thousands; let us just say that the Parramatta Rd corridor will see close to 100,000, if not more. 
What will set the trend for 2016 will be how quickly the tens of thousands of apartments will be occupied as they are completed in the following there to four months and what rental-incomes or returns are achieved. But not taking into account the rental guarantees promised by agents and developers.  
What I foresee will take place in the near future:
<ul>
<li>We will witness a migration of tenants from older unit blocks, to newly completed unit blocks. </li>
<li>Rents will be reduced to those promised to investors. However, although tenants will pay much less, the agents and developers will make up the difference. Happy-days for the renters. </li>
<li>Rental expectations will be adjusted even lower in the older apartment blocks to counter-act the mass exodus of tenants vacating the older dwellings.</li>
<li>Unit blocks that are 3 years and older will begin to creep down in value in some parts of Sydney and in others it will be a sudden drop.  </li>
</ul>
Why is this all important? 
If you are an investor and you believe you may be in an area where there is a high level of construction, then it’s time you begin to lock your tenants into a long term tenancy period. Perhaps even drop the rent a little to gain long term peace of mind. 
A vacancy-plan strategy will need to be put in place with your property management team - a plan that monitors both rental demand and vacancy periods in the area. 
Furthermore, right now is not the time to be looking at increasing rents in most parts of Sydney. There are only a few areas in Sydney that are coping with rental increases. With a smorgasbord of rental property available and more to come, tenants will move to newer and cheaper accommodation. 
What's the net result?
The net result for many that moved into the property investment game in the last 18 months will be very painful. Needless to say, a large number of investors that have borrowed equity against established dwellings to grow their property-portfolio will also find the near future somewhat turbulent. 
 
EDWIN ALMEIDA is licensee in charge of <a href="https://www.just-think.com.au/" target="_blank">Just Think Real Estate</a>.<a href="https://www.just-thin.com.au/"> </a>
He is also the creator of <a href="https://www.youtube.com/user/JustThinkProperty" target="_blank">Oz Real Estate.TV</a> and a presenter for <a href="https://propertyinvestingvault.com/" target="_blank">propertyinvestingvault.com</a>.
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ealmedia-arK4DBYLjS

The rise of the For Lease signboard: Edwin Almeida

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The top three suburbs in South Australia for the highest gross rental yields are Port Vincent at 13.84%, Solomontown (10.9%) and Port Pirie West (9.41)%.
According to CoreLogic RP Data the suburbs with the lowest gross rental yields are in Carrickalinga (2.14%) followed by Saint Peters, (2.51%) and North Adelaide (2.56%).
Highest
<table border="1">
<colgroup>
<col>
<col>
<col>
<col>
<col>
</colgroup>
<tbody>
<tr>
<td class="s0">Suburb</td>
<td class="s0">Postcode</td>
<td class="s0">Median Price ($'000)</td>
<td class="s0">Gross Rental Yield (%)</td>
<td class="s0">Weekly Median Advertised Rent</td>
</tr>
<tr>
<td class="s0">Port Vincent</td>
<td class="s1">5581</td>
<td class="s1">$342</td>
<td class="s1">13.84</td>
<td class="s1">$910</td>
</tr>
<tr>
<td class="s0">Solomontown</td>
<td class="s1">5540</td>
<td class="s1">$105</td>
<td class="s1">10.9</td>
<td class="s1">$220</td>
</tr>
<tr>
<td class="s0">Port Pirie West</td>
<td class="s1">5540</td>
<td class="s1">$105</td>
<td class="s1">9.41</td>
<td class="s1">$190</td>
</tr>
<tr>
<td class="s0">Peterborough</td>
<td class="s1">5422</td>
<td class="s1">$89</td>
<td class="s1">8.81</td>
<td class="s1">$150</td>
</tr>
<tr>
<td class="s0">Bordertown</td>
<td class="s1">5268</td>
<td class="s1">$158</td>
<td class="s1">8.25</td>
<td class="s1">$250</td>
</tr>
<tr>
<td class="s0">Port Augusta</td>
<td class="s1">5700</td>
<td class="s1">$168</td>
<td class="s1">7.74</td>
<td class="s1">$250</td>
</tr>
<tr>
<td class="s0">Elizabeth Downs</td>
<td class="s1">5113</td>
<td class="s1">$183</td>
<td class="s1">7.27</td>
<td class="s1">$255</td>
</tr>
<tr>
<td class="s0">Davoren Park</td>
<td class="s1">5113</td>
<td class="s1">$180</td>
<td class="s1">7.24</td>
<td class="s1">$251</td>
</tr>
<tr>
<td class="s0">Crystal Brook</td>
<td class="s1">5523</td>
<td class="s1">$171</td>
<td class="s1">7.15</td>
<td class="s1">$235</td>
</tr>
<tr>
<td class="s0">Elizabeth Park</td>
<td class="s1">5113</td>
<td class="s1">$191</td>
<td class="s1">7.08</td>
<td class="s1">$260</td>
</tr>
<tr>
<td class="s0">Elizabeth Grove</td>
<td class="s1">5112</td>
<td class="s1">$195</td>
<td class="s1">6.93</td>
<td class="s1">$260</td>
</tr>
<tr>
<td class="s0">Elizabeth North</td>
<td class="s1">5113</td>
<td class="s1">$190</td>
<td class="s1">6.86</td>
<td class="s1">$251</td>
</tr>
</tbody>
</table>
  
Lowest
<table border="1">
<colgroup>
<col>
<col>
<col>
<col>
<col>
</colgroup>
<tbody>
<tr>
<td class="s0">Suburb</td>
<td class="s0">Postcode</td>
<td class="s0">Median Price ($'000)</td>
<td class="s0">Gross Rental Yield (%)</td>
<td class="s0">Weekly Median Advertised Rent</td>
</tr>
<tr>
<td class="s0">Carrickalinga</td>
<td class="s1">5204</td>
<td class="s1">$414</td>
<td class="s1">2.14</td>
<td class="s1">$170</td>
</tr>
<tr>
<td class="s0">Saint Peters</td>
<td class="s1">5069</td>
<td class="s1">$1,100</td>
<td class="s1">2.51</td>
<td class="s1">$530</td>
</tr>
<tr>
<td class="s0">North Adelaide</td>
<td class="s1">5006</td>
<td class="s1">$1,070</td>
<td class="s1">2.56</td>
<td class="s1">$528</td>
</tr>
<tr>
<td class="s0">Saint Georges</td>
<td class="s1">5064</td>
<td class="s1">$920</td>
<td class="s1">2.57</td>
<td class="s1">$455</td>
</tr>
<tr>
<td class="s0">Hyde Park</td>
<td class="s1">5061</td>
<td class="s1">$1,100</td>
<td class="s1">2.62</td>
<td class="s1">$555</td>
</tr>
<tr>
<td class="s0">Toorak Gardens</td>
<td class="s1">5065</td>
<td class="s1">$1,160</td>
<td class="s1">2.69</td>
<td class="s1">$600</td>
</tr>
<tr>
<td class="s0">Hawthorn</td>
<td class="s1">5062</td>
<td class="s1">$827</td>
<td class="s1">2.73</td>
<td class="s1">$435</td>
</tr>
<tr>
<td class="s0">Westbourne Park</td>
<td class="s1">5041</td>
<td class="s1">$766</td>
<td class="s1">2.78</td>
<td class="s1">$410</td>
</tr>
<tr>
<td class="s0">Glenunga</td>
<td class="s1">5064</td>
<td class="s1">$909</td>
<td class="s1">2.8</td>
<td class="s1">$490</td>
</tr>
<tr>
<td class="s0">Cumberland Park</td>
<td class="s1">5041</td>
<td class="s1">$708</td>
<td class="s1">2.87</td>
<td class="s1">$390</td>
</tr>
<tr>
<td class="s0">Beulah Park</td>
<td class="s1">5067</td>
<td class="s1">$730</td>
<td class="s1">2.92</td>
<td class="s1">$410</td>
</tr>
<tr>
<td class="s0">Tennyson</td>
<td class="s1">5022</td>
<td class="s1">$1,120</td>
<td class="s1">2.93</td>
<td class="s1">$630 
</td>
</tr>
</tbody>
</table>
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jonathanchancellor-7SQnKwU6yx

South Australia's best and worst suburbs for gross rental yield

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<div>The top three Victorian suburb with the highest gross rental yields are Dimboola with 10.64% followed by Ouyen (10.27%) and Coleraine (9.24%).
</div>
<div> </div>
<div>According to CoreLogic RP Data, the suburbs with the lowest rental yielsd are Middle Park (1.79%), Portsea (1.81) and Eaglemont (1.86%)
</div>
<div> </div>
Highest
<table border="1">
<colgroup>
<col>
<col>
<col>
<col>
<col>
</colgroup>
<tbody>
<tr>
<td class="s0">Suburb</td>
<td class="s0">Postcode</td>
<td class="s0">Median Price ($'000)</td>
<td class="s0">Gross Rental Yield (%)</td>
<td class="s0">Weekly Median Advertised Rent</td>
</tr>
<tr>
<td class="s0">Dimboola</td>
<td class="s1">3414</td>
<td class="s1">$86</td>
<td class="s1">10.64</td>
<td class="s1">$175</td>
</tr>
<tr>
<td class="s0">Ouyen</td>
<td class="s1">3490</td>
<td class="s1">$81</td>
<td class="s1">10.27</td>
<td class="s1">$160</td>
</tr>
<tr>
<td class="s0">Coleraine</td>
<td class="s1">3315</td>
<td class="s1">$90</td>
<td class="s1">9.24</td>
<td class="s1">$160</td>
</tr>
<tr>
<td class="s0">Skenes Creek</td>
<td class="s1">3233</td>
<td class="s1">$351</td>
<td class="s1">9.07</td>
<td class="s1">$612</td>
</tr>
<tr>
<td class="s0">Corryong</td>
<td class="s1">3707</td>
<td class="s1">$140</td>
<td class="s1">8.91</td>
<td class="s1">$240</td>
</tr>
<tr>
<td class="s0">Warracknabeal</td>
<td class="s1">3393</td>
<td class="s1">$109</td>
<td class="s1">8.59</td>
<td class="s1">$180</td>
</tr>
<tr>
<td class="s0">Rosedale</td>
<td class="s1">3847</td>
<td class="s1">$160</td>
<td class="s1">8.13</td>
<td class="s1">$250</td>
</tr>
<tr>
<td class="s0">Heywood</td>
<td class="s1">3304</td>
<td class="s1">$140</td>
<td class="s1">7.99</td>
<td class="s1">$215</td>
</tr>
<tr>
<td class="s0">Nhill</td>
<td class="s1">3418</td>
<td class="s1">$118</td>
<td class="s1">7.95</td>
<td class="s1">$180</td>
</tr>
<tr>
<td class="s0">Donald</td>
<td class="s1">3480</td>
<td class="s1">$115</td>
<td class="s1">7.91</td>
<td class="s1">$175</td>
</tr>
<tr>
<td class="s0">Cobden</td>
<td class="s1">3266</td>
<td class="s1">$145</td>
<td class="s1">7.89</td>
<td class="s1">$220</td>
</tr>
<tr>
<td class="s0">Lake Boga</td>
<td class="s1">3584</td>
<td class="s1">$152</td>
<td class="s1">7.88</td>
<td class="s1">$230</td>
</tr>
</tbody>
</table>
 
Lowest
<table border="1">
<colgroup>
<col>
<col>
<col>
<col>
<col>
</colgroup>
<tbody>
<tr>
<td class="s0">Suburb</td>
<td class="s0">Postcode</td>
<td class="s0">Median Price ($'000)</td>
<td class="s0">Gross Rental Yield (%)</td>
<td class="s0">Weekly Median Advertised Rent</td>
</tr>
<tr>
<td class="s0">Middle Park</td>
<td class="s1">3206</td>
<td class="s1">$2,125</td>
<td class="s1">1.79</td>
<td class="s1">$730</td>
</tr>
<tr>
<td class="s0">Portsea</td>
<td class="s1">3944</td>
<td class="s1">$1,295</td>
<td class="s1">1.81</td>
<td class="s1">$450</td>
</tr>
<tr>
<td class="s0">Eaglemont</td>
<td class="s1">3084</td>
<td class="s1">$1,521</td>
<td class="s1">1.86</td>
<td class="s1">$545</td>
</tr>
<tr>
<td class="s0">Balwyn North</td>
<td class="s1">3104</td>
<td class="s1">$1,500</td>
<td class="s1">1.91</td>
<td class="s1">$550</td>
</tr>
<tr>
<td class="s0">Ashburton</td>
<td class="s1">3147</td>
<td class="s1">$1,250</td>
<td class="s1">1.92</td>
<td class="s1">$463</td>
</tr>
<tr>
<td class="s0">Kew East</td>
<td class="s1">3102</td>
<td class="s1">$1,325</td>
<td class="s1">1.94</td>
<td class="s1">$495</td>
</tr>
<tr>
<td class="s0">Aberfeldie</td>
<td class="s1">3040</td>
<td class="s1">$1,050</td>
<td class="s1">2.03</td>
<td class="s1">$410</td>
</tr>
<tr>
<td class="s0">Balwyn</td>
<td class="s1">3103</td>
<td class="s1">$1,755</td>
<td class="s1">2.06</td>
<td class="s1">$695</td>
</tr>
<tr>
<td class="s0">Deepdene</td>
<td class="s1">3103</td>
<td class="s1">$2,150</td>
<td class="s1">2.06</td>
<td class="s1">$850</td>
</tr>
<tr>
<td class="s0">Glen Huntly</td>
<td class="s1">3163</td>
<td class="s1">$1,110</td>
<td class="s1">2.06</td>
<td class="s1">$440</td>
</tr>
<tr>
<td class="s0">Toorak</td>
<td class="s1">3142</td>
<td class="s1">$2,988</td>
<td class="s1">2.08</td>
<td class="s1">$1,195</td>
</tr>
<tr>
<td class="s0">Ivanhoe</td>
<td class="s1">3079</td>
<td class="s1">$1,175</td>
<td class="s1">210</td>
<td class="s1">$475</td>
</tr>
</tbody>
</table>
 
 
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Top three Victorian suburbs for highest and lowest rental yields

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Residential vacancy rates held steady nationwide across July at 2.4% based on 73,209 vacancies, according to new figures released by SQM Research.
According to Louis Christopher, managing director of SQM Research, tourist area rents are remaining strong.
"The rental market is on balance slightly in favour of tenants at this point in time, though of course, each city tells its own story," Mr Christopher said.
"Areas exposed to the ongoing mining downturn are generally experiencing falls in weekly rents."
National June vacancy rates were 72,849. Hobart was the only city where vacancy rates fell over the month.
Canberra rose 0.3 percentage points, with Perth 0.2 percentage points.
Mr Christopher said Melbourne has recorded a rise of 3.0% for houses and 2.0% for units, while asking rents in Sydney and Adelaide also recorded modest rises for the same period.
 
<a href="/images/2015/08/17/Screen%20Shot%202015-08-17%20at%2012.18.01%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2015/08/17/Screen%20Shot%202015-08-17%20at%2012.18.01%20PM.png" alt="">
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Residential vacancy rates strong nationwide: SQM Research

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Capital city rents are climbing at the slowest pace recorded since December 1995, with the annual rate of rental appreciation now 0.9% and continuing to fall.
According to CoreLogic RP Data's July Rental Index Results weakly rents over the past three months have fallen in every capital city except Melbourne.
CoreLogic RP Data head of research Tim Lawless said with home values continuing to rise, gross rental yields are trending lower. 
"Dwelling rental rates across the combined capital cities are sitting at $486 per week and fell by -0.3% over the month of July. However, weekly rents are up by 0.3% over the first seven months of the year and have increased by just 0.9% over the past 12 months," Mr Lawless said.
“Rental appreciation continues to be sluggish and can be largely attributed to the ongoing boom in dwelling construction across Australia’s capital cities accompanied by record high participation in the housing market from investors.
“With capital growth likely to continue outpacing rental growth, we expect that rental returns could push even lower over the coming months. From an investment perspective it means that capital growth is going to be much more important for a return on investment.”
Combined capital city gross rental yields were 3.4% for houses in July and 4.3% for units. Last year gross rental yields for houses was 3.8% for houses and 4.6% for units.
<a href="/images/2015/08/10/Screen%20Shot%202015-08-10%20at%209.25.18%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2015/08/10/Screen%20Shot%202015-08-10%20at%209.25.18%20PM.png" alt="">
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po-LsXgBTHBmX

Capital city rents climbing slowest since 1995: CoreLogic RP Data

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House and apartment rents are growing for landlords at the slowest pace since at least 1995 - and actually fell in July - according to CoreLogic RP Data.
Tim Lawless, CoreLogic's head of research, described rental appreciation was sluggish, on average less than 1 per cent a year, due to the boom currently underway in dwelling construction along with record participation in housing by investors, both domestic and foreign purchasers.
Rental rates fell by 0.3% in July 2015 across the combined capital cities. 
The current annual rate of rental appreciation has reached a new record low of 0.9% and is continuing to trend lower. 
Sydney and Hobart recorded the greatest increases in weekly rents.
Dwelling rental rates across the combined capital cities are sitting at $486 per week after they fell by 0.3% over the month of July. 
However, weekly rents are up by 0.3% over the first seven months of the year and have increased by just 0.9% over the past 12 months.
At a combined capital city level, gross rental yields were recorded at 3.4% for houses in July 2015 and at 4.3% for units while house rents are currently at a record low level.
One year ago, gross rental yields were recorded at 3.8% for houses and 4.6% for units across the combined capitals.
“With capital growth likely to continue outpacing rental growth, we expect that rental returns could push even lower over the coming months. From an investment perspective it means that capital growth is going to be much more important for a return on investment,” Tim Lawless said.
CoreLogic RP Data started its rental statistical collection in 1995.
 
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National rental growth sluggish: CoreLogic RP Data

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Gross unit rental yields across Sydney and Melbourne are teetering on heading to new record lows, according to new research.
The CoreLogic RP Data Hedonic Home Value Index named Hobart as the only capital city over the last 12 months where rental growth kept up with value growth.
CoreLogic RP Data’s head of research Tim Lawless said capital city rents increased by just 0.9% over the past twelve months, the slowest pace on record.
"A lack of any meaningful rental growth at a time when dwelling values are rising by more than 11% over the year has pushed gross rental yields to new record lows across the combined capital city measure," Mr Lawless said. 
“When you consider that Sydney rents have increased by just 2.5% over the past twelve months while values have climbed 18.4 per cent higher, it is easy to see how yields are getting squashed.
“With value growth once again accelerating across Sydney and Melbourne, the market evolution in mortgage lending policies will will provide a timely test for housing demand, particularly from investors. The combined effect of tighter lending parameters with more focus on serviceability and low LVR’s, potentially higher mortgage rates for investment loans as well as limitations on the pace of investment lending imposed by APRA on Australia’s banks should conspire to slow investor demand in the market."
<a href="/images/2015/08/03/Screen%20Shot%202015-08-03%20at%201.07.19%20PM.png" target="_blank">Click to enlarge</a>
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Sydney, Melbourne gross unit rental yields teetering on fall: CoreLogic RP Data

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Historically speaking, the performance of last year’s rental market in Melbourne was relatively moderate.
In the last three months of 2014 the median advertised rent for a house in Melbourne increased by a minor 0.3% to $448 per week, the opposite to the -0.3% drop in the unit market.
September’s result is reflective of the broader performance of the rental market over 2014 where low rental growth and low yields persisted.
Over the course of 2014 house rents increased by 2.5% and units increased by 1.9%.
For houses, 2014 was not dissimilar to the past five years. On a annualised basis, rents rose by 2.5% in 2013, 1.3% in 2012, 2.7% in 2011. The only year that recorded a substantially different result was 2010 when rents grew 5.5%.
The unit market recorded similar results.
In many respects the rental market is following the changes in value seen in the ownership market. With the exception of the unit market, the last two years were similar and 2010 saw boom-like conditions.
Similar to the ownership market, the biggest question for 2015 is whether the growth in supply in the unit segment will further moderate advertised rents.
Yields remained low. For both units (4.2%) and houses (3.3%) the yield in Melbourne is the lowest of all capital cities. This does not seem to concern investors who are clearly focused on the longer term prospects for capital gains.
Key facts
<ul>
<li>Median advertised rent for a house in Melbourne $448</li>
<li>Median rent for house rise 2.5% in 2014, units 1.9%</li>
<li>Melbourne yields lowest of all capital cities</li>
</ul>
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