RP Data: Rental yields hit another record low

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By Leith van Onselen

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

ScreenHunter_13264 Jun. 01 09.31

As shown above, the smaller capitals and the regions had a mostly positive month in May, with Canberra (+2.5%), Hobart (+2.2%) and Darwin (+0.7%) each recording values rises, whereas “rest of state” recorded a 0.2% fall.

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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.