Property Compass
by Sextant Digital
Property Compass
Yield Calculator
Calculate gross and net rental yield, factor in all your potential costs, and see what a property really earns.
Navigate your next property move
Property Details
Enter the property income and cost details.
Expenses
Enter your fixed costs.
Total expenses
$6,300/yr
Loan Costs
Include your mortgage to see true cashflow.
Results
Updates live as you type.
Gross yield
Rent ÷ purchase price
4.96%
Average return
Net yield
After costs, excl. mortgage
3.54%
Low return
Net income
After expenses, before mortgage
$443/wk
Understanding rental yield
Gross yield vs net yield
Gross yield is simply annual rent divided by the purchase price — the headline figure you'll see on property listings. Net yield goes further, deducting vacancy, property management fees, council rates, insurance, and other holding costs. Net yield is what you actually earn and the number that matters when comparing investment properties.
What's a good rental yield in Australia?
Gross yields in most Australian capital cities range from 3% to 6%. High-growth suburbs in inner Sydney and Melbourne often sit at the lower end, while Queensland, regional, and outer-metro areas can offer 5–7%+. As a general guide, a net yield of 4% or more is considered a reasonable return for an Australian investment property.
Don't forget depreciation
A quantity surveyor's depreciation schedule lets you claim wear and tear on the building and fixtures as a tax deduction each year. On a newer property this can be worth $5,000–$15,000+ in deductions annually — significantly improving your real after-tax return. Depreciation isn't included in this yield calculation but is worth factoring in separately when evaluating a property.