RP Data: Rental yields off canvas after price falls

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By Leith van Onselen

Following on from my post yesterday on RP Data’s daily dwelling values index results for November, Core Logic-RP Data has released its full results, which also cover the smaller capitals and regional areas (see next table).

ScreenHunter_10651 Dec. 01 09.11

As you can see above, the smaller capitals and the regions had a mostly poor month in November, with falls recorded in Hobart (-2.4%), Canberra (-0.5%) and Darwin (-1.3%), but a rise 0.3% recorded for “rest-of-state”.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.