RP Data: Rental yields crash to record lows

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By Leith van Onselen

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

ScreenHunter_10080 Nov. 02 10.05

As you can see above, the smaller capitals and the regions had a mostly positive month in October, with rises recorded in Hobart (+1.4%), Canberra (+1.5%) and “rest-of-state” (+0.8%), but Darwin falling by -0.1%.

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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.
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