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RENTAL YIELD CALCULATOR · AUSTRALIA

See beyond
the weekly rent.

Turn rent, vacancy and running costs into a clearer view of your property’s annual yield. Your figures. Every assumption in view.

Work out my yield
01 Your property, in numbers

Use one property and a consistent valuation basis. All amounts are Australian dollars.

Use the price for a purchase comparison, or your chosen current value.
Scheduled rent before vacancy or missed rent.
The share of annual rent you expect to miss. Enter your own allowance.
Total rates, insurance, maintenance, management, strata and other owner-paid costs. Exclude loan payments and income tax.
Buying? Include purchase costs

For this optional comparison, use the purchase price above.

Your total allowance for purchase expenses. No duties or tax rates are assumed.

YOUR ANNUAL SNAPSHOT

From rent to return.

Enter your figures to see gross yield alongside the effect of vacancy and operating costs.

NO HIDDEN ASSUMPTIONS

Know what the percentage means.

Yield compares annual rental income with the property value you enter. It does not measure capital growth, borrowing costs or your personal tax position.

Gross yield

(Weekly rent × 52) ÷ property value × 100

Net yield

(Annual rent − vacancy allowance − annual operating costs) ÷ property value × 100

With purchase costs

Net annual operating income ÷ (purchase price + one-off purchase costs) × 100

A WORKED EXAMPLE, NOT MARKET DATA

Same property. Two useful perspectives.

A $600,000 property renting for $600 a week has $31,200 scheduled annual rent and 5.20% gross yield. With 5% vacancy ($1,560) and $6,000 annual operating costs, net annual operating income is $23,640 and net yield is 3.94%. Adding $30,000 purchase costs gives 3.75% net yield on the $630,000 total.

Rental yield, explained.

What is a good rental yield?

There is no universal percentage that makes a property suitable. Compare the same costs and valuation basis, and consider vacancy, repairs, borrowing, location and your wider circumstances. This calculator does not set a target or rank investments.

Does net yield include the mortgage?

In this calculator, net yield is before finance and income tax. It subtracts your vacancy allowance and operating costs only. For loan interest, principal repayments and cash-flow detail, use the property cash flow calculator.

Can the net result be negative?

Yes. If vacancy-adjusted rent is less than the operating costs entered, net income and net yield are negative. The calculator keeps that shortfall visible.

Are my figures saved?

Calculation happens in this tab. Figures are not sent with usage counts. Only the result you explicitly preview and agree to share is sent to RentSeekr. Reset or leave to clear the local calculation.

Method published 13 October 2026 by RentSeekr. Further reading: ASIC Moneysmart: property costs and risks and NAB: rental yield. These sources do not endorse this calculator.

LOOK AT THE CASH FLOW TOO

Put the percentage in perspective.

Itemise running costs and explore the effect of finance.

Explore cash flow →