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SUMMARY
We analyzed apartment rental yields in Perth, as of 2026, for residential apartment buyers, using the raw dataset provided and converting it into a practical buyer guide for foreign individual investors.
This article is built from a Perth apartment yield dataset covering studios, 1-bedroom apartments, and 2-bedroom apartments across 16 neighborhoods, with purchase prices, monthly rents, gross yields, and net yields.
We update this type of research regularly, so the numbers should be read as a May 2026 snapshot of the Perth apartment market rather than a permanent guarantee of future rent.
The strongest apartment rental yield areas in Perth are East Perth, Fremantle, Victoria Park, Burswood, and Perth CBD. These areas combine strong rent levels with entry prices that still leave room for income return.
East Perth and Fremantle show the clearest high-yield profile. East Perth studios are estimated at 7.9% gross yield and 6.3% net yield, while Fremantle studios are estimated at 8.0% gross yield and 6.4% net yield.
Victoria Park is one of the best lower-entry markets in the dataset. A 1-bedroom apartment is estimated at A$415,000, with A$2,380 monthly rent and about 5.3% net yield.
Burswood is unusual because its 2-bedroom apartments still look strong, with A$725,000 average purchase price, A$3,960 average monthly rent, 6.6% gross yield, and 5.1% net yield.
The weakest pure-yield profiles are in Cottesloe, Claremont, and larger apartments in South Perth and Applecross. These can be excellent lifestyle areas, but the purchase price often absorbs too much of the rent.
The practical interpretation is simple. Perth studios and 1-bedroom apartments usually give better rental efficiency than 2-bedroom apartments, unless the larger apartment is in a rent-supported area such as Burswood or West Perth.
For a beginner foreign buyer, the best Perth apartment rental yield strategy is not to chase the biggest headline rent. The safer strategy is to compare net yield, strata costs, vacancy risk, tenant depth, building quality, and resale liquidity together.
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Neighborhoods and apartment types in the 2026 Perth apartment market
This table compares apartment rental yields in Perth by neighborhood and apartment type.
For each area, the table shows estimated purchase price, estimated monthly rent, gross rental yield, and net rental yield for studios, 1-bedroom apartments, and 2-bedroom apartments.
The table helps foreign buyers compare rental income in Perth across locations, apartment sizes, and yield profiles before looking more deeply at annual fees, occupancy, time to rent, main tenant demand, main risk, and investment profile. Finally, please note you'll find much more detailed data in our real estate pack about Perth.
| Neighborhood | Studio average purchase price | Studio average monthly rent | Studio gross rental yield | Studio net rental yield | 1-bedroom average purchase price | 1-bedroom average monthly rent | 1-bedroom gross rental yield | 1-bedroom net rental yield | 2-bedroom average purchase price | 2-bedroom average monthly rent | 2-bedroom gross rental yield | 2-bedroom net rental yield |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Applecross | A$450,000 | A$2,300 | 6.1% | 4.5% | A$580,000 | A$2,710 | 5.6% | 4.0% | A$930,000 | A$3,990 | 5.1% | 3.6% |
| Burswood | A$440,000 | A$2,640 | 7.2% | 5.6% | A$565,000 | A$3,100 | 6.6% | 5.0% | A$725,000 | A$3,960 | 6.6% | 5.1% |
| Claremont | A$505,000 | A$2,210 | 5.3% | 3.7% | A$645,000 | A$2,600 | 4.8% | 3.2% | A$900,000 | A$3,210 | 4.3% | 2.8% |
| Como | A$500,000 | A$2,510 | 6.0% | 4.4% | A$640,000 | A$2,950 | 5.5% | 3.9% | A$711,000 | A$2,820 | 4.8% | 3.3% |
| Cottesloe | A$540,000 | A$2,300 | 5.1% | 3.5% | A$690,000 | A$2,710 | 4.7% | 3.1% | A$1,180,000 | A$3,680 | 3.7% | 2.2% |
| East Perth | A$380,000 | A$2,510 | 7.9% | 6.3% | A$484,000 | A$2,950 | 7.3% | 5.7% | A$670,000 | A$3,580 | 6.4% | 4.9% |
| Fremantle | A$390,000 | A$2,600 | 8.0% | 6.4% | A$500,000 | A$3,030 | 7.3% | 5.7% | A$775,000 | A$3,550 | 5.5% | 4.0% |
| Leederville | A$470,000 | A$2,470 | 6.3% | 4.7% | A$600,000 | A$2,900 | 5.8% | 4.2% | A$785,000 | A$3,340 | 5.1% | 3.6% |
| Maylands | A$335,000 | A$1,910 | 6.8% | 5.2% | A$430,000 | A$2,250 | 6.3% | 4.7% | A$584,000 | A$2,690 | 5.5% | 4.0% |
| Mount Lawley | A$385,000 | A$2,120 | 6.6% | 5.0% | A$496,000 | A$2,480 | 6.0% | 4.4% | A$645,000 | A$2,820 | 5.2% | 3.7% |
| Perth | A$395,000 | A$2,470 | 7.5% | 5.9% | A$505,000 | A$2,880 | 6.8% | 5.2% | A$660,000 | A$3,470 | 6.3% | 4.8% |
| Scarborough | A$425,000 | A$2,300 | 6.5% | 4.9% | A$545,000 | A$2,710 | 6.0% | 4.4% | A$748,000 | A$3,440 | 5.5% | 4.0% |
| South Perth | A$455,000 | A$2,250 | 5.9% | 4.3% | A$585,000 | A$2,660 | 5.5% | 3.9% | A$775,000 | A$2,920 | 4.5% | 3.0% |
| Subiaco | A$460,000 | A$2,510 | 6.6% | 5.0% | A$590,000 | A$2,950 | 6.0% | 4.4% | A$810,000 | A$3,470 | 5.1% | 3.6% |
| Victoria Park | A$325,000 | A$2,040 | 7.5% | 5.9% | A$415,000 | A$2,380 | 6.9% | 5.3% | A$565,000 | A$2,820 | 6.0% | 4.5% |
| West Perth | A$400,000 | A$2,080 | 6.2% | 4.6% | A$515,000 | A$2,440 | 5.7% | 4.1% | A$698,000 | A$3,510 | 6.0% | 4.5% |
We have made this infographic to give you a quick and clear snapshot of the property market in Australia. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.
Which neighborhoods offer the best net yield among areas people actually want to live in Perth?
The best net-yield neighborhoods among areas people actually want to live in Perth are East Perth, Fremantle, Victoria Park, Burswood, and Perth CBD.
These areas give investors a stronger balance between rental income, recognizable tenant demand, amenities, and resale visibility than most premium western suburbs.
East Perth is the cleanest income case in the dataset. Studios are estimated at 6.3% net yield, 1-bedroom apartments at 5.7%, and 2-bedroom apartments at 4.9%.
Fremantle is also compelling because the rent premium is not only about apartment size. A studio is estimated at A$390,000, with A$2,600 monthly rent and 6.4% net yield, which reflects lifestyle demand, train access, tourism, port employment, and town-centre appeal.
Victoria Park is the strongest low-entry inner option. A 1-bedroom apartment is estimated at A$415,000 and A$2,380 monthly rent, producing about 5.3% net yield.
Burswood is the standout for larger apartments. Its 2-bedroom apartments are estimated at 5.1% net yield, which is unusual in Perth because larger apartments usually lose rental efficiency as purchase prices rise.
Where can I find apartments with above-average yields and below-average entry prices in Perth?
The best Perth neighborhoods with above-average yields and below-average entry prices are Victoria Park, Maylands, East Perth, Mount Lawley, and Perth CBD studios or 1-bedroom apartments.
These areas keep the purchase ticket below the premium suburbs while still offering enough rental demand to make the yield credible.
Victoria Park is the clearest example. A 1-bedroom apartment is estimated at A$415,000, with A$2,380 monthly rent, 6.9% gross yield, and 5.3% net yield.
Maylands is another value market. A 1-bedroom apartment is estimated at A$430,000 and A$2,250 monthly rent, giving about 4.7% net yield, while studios reach about 5.2% net yield.
East Perth costs more than Maylands or Victoria Park, but the rent-to-price relationship is stronger. A 1-bedroom apartment is estimated at A$484,000 and A$2,950 monthly rent, producing 7.3% gross yield and 5.7% net yield.
The practical warning is that cheap entry price is not enough. The best value areas in Perth still need a real demand reason, such as CBD access, rail access, river or lifestyle amenities, hospitals, universities, offices, or a walkable town centre.
Where does the rent level justify the purchase price most clearly in Perth?
The rent level most clearly justifies the purchase price in East Perth, Fremantle, Victoria Park, Burswood, and Perth CBD.
These areas do not only look attractive because the apartments are cheap. They look attractive because the rent is high enough to support the capital value.
East Perth is the strongest example. A 1-bedroom apartment at about A$484,000 with A$2,950 monthly rent produces 7.3% gross yield and 5.7% net yield.
Burswood also looks rational for rental income. A 2-bedroom apartment is estimated at A$725,000 and A$3,960 monthly rent, giving 6.6% gross yield and 5.1% net yield.
Fremantle has a strong rent-to-price relationship because tenants are paying for place, not only floor area. A 1-bedroom apartment around A$500,000 with A$3,030 monthly rent produces about 7.3% gross yield.
Cottesloe and Claremont are the opposite. Rents are high, but purchase prices are even higher, which makes them better lifestyle or capital-preservation markets than pure rental-income markets.
We have actually built the our real estate pack about Perth to make sure you won’t buy in the wrong area. Check it out.
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Where is the best place to buy if I want stable rental income rather than maximum yield in Perth?
The best places to buy for stable rental income rather than maximum yield in Perth are Subiaco, Mount Lawley, South Perth, East Perth, and Victoria Park.
These areas are not always the absolute highest-yield neighborhoods, but they have deeper tenant appeal, stronger location recognition, and better leasing liquidity.
Subiaco is not the top-yield suburb, but it is one of the safer rental markets. Its estimated 1-bedroom net yield is about 4.4%, supported by train access, hospitals, shops, cafés, schools, and professional tenant demand.
Mount Lawley is similarly steady. A 1-bedroom apartment is estimated at A$496,000 with A$2,480 monthly rent and 4.4% net yield, helped by Beaufort Street, inner-north lifestyle demand, and access to the CBD.
South Perth is more defensive than high-yielding. Its 1-bedroom apartments are estimated at 3.9% net yield, but the area has river appeal, established amenities, Perth Zoo, CBD buses, and a strong owner-occupier image.
The trade-off is clear. East Perth and Victoria Park can pay more income, while Subiaco and South Perth usually give more tenant stability and resale comfort.
Which apartment type gives the best return for the lowest total investment in Perth?
The apartment type that gives the best return for the lowest total investment in Perth is usually the studio apartment, followed by a well-located 1-bedroom apartment.
Studios often show the strongest percentage yield because the purchase price is much lower while rent does not fall in the same proportion.
In the dataset, studios in Fremantle, East Perth, Perth CBD, and Victoria Park all estimate between 5.9% and 6.4% net yield. That is materially stronger than most 2-bedroom apartments in premium suburbs.
However, 1-bedroom apartments are often the safer beginner format. They usually have a wider tenant pool, including single professionals, couples, FIFO workers, students, hospital workers, and renters relocating to Perth.
The lowest entry examples are clear. Victoria Park studios are estimated at A$325,000, Maylands studios at A$335,000, East Perth studios at A$380,000, and Fremantle studios at A$390,000.
The practical takeaway is to buy a 1-bedroom apartment for liquidity and tenant depth, and to buy a studio only when the building, floor area, strata fees, finance conditions, and resale profile are clean.
We give you more details in the our real estate pack about Perth.
Which neighborhoods offer strong rental income with the lowest vacancy risk in Perth?
The neighborhoods that offer strong rental income with the lowest vacancy risk in Perth are East Perth, Subiaco, Mount Lawley, Perth CBD, South Perth, and Victoria Park.
These markets are supported by durable tenant pools rather than one narrow source of demand.
East Perth and Perth CBD work because they are close to employment, education, health services, transport, and inner-city lifestyle amenities. East Perth 1-bedroom apartments are estimated at A$2,950 monthly rent, while Perth CBD 1-bedroom apartments are estimated at A$2,880.
Subiaco and Mount Lawley may be steadier than their headline yields suggest. Their rent is supported by hospitals, universities, cafés, schools, train access, and established local identity.
South Perth is less aggressive on yield, but it offers a more defensive rental story. The area appeals to renters who want river access, established amenities, and a calmer residential setting near the CBD.
The risk in high-rent suburbs is tenant depth. Cottesloe and Applecross can command high rents, but the tenant pool is narrower and more sensitive to premium pricing.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Australia versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
Which areas look overpriced relative to their rental income in Perth?
The Perth areas that look most overpriced relative to rental income are Cottesloe, Claremont, South Perth for larger apartments, and parts of Applecross.
These are often excellent lifestyle suburbs, but they are weaker pure rental-yield markets because buyers pay a large premium for location, scarcity, views, schools, or prestige.
Cottesloe is the clearest example. A 2-bedroom apartment is estimated at A$1.18 million and A$3,680 monthly rent, which produces only 3.7% gross yield and about 2.2% net yield.
Claremont also looks expensive for income investors. Its 2-bedroom apartments are estimated at A$900,000 and A$3,210 monthly rent, giving about 4.3% gross yield and 2.8% net yield.
South Perth is not a weak place to own, but larger apartment economics are diluted by the price premium. A 2-bedroom apartment is estimated at A$775,000 and A$2,920 monthly rent, producing only 3.0% net yield.
The honest interpretation is not that these neighborhoods are bad. It is that the rental-income case is weaker, so a foreign buyer should not confuse a beautiful Perth suburb with a strong rental-yield investment.
Which neighborhoods should I avoid even if the rental yield looks attractive in Perth?
In Perth, buyers should be careful with high-levy tower stock in Burswood and East Perth, weak small units in Perth CBD, and older low-liquidity apartments in parts of Maylands or Victoria Park, even when the headline yield looks attractive.
The issue is not always the suburb. The wrong apartment can turn a strong gross yield into a weak net result.
East Perth shows excellent yields, including 6.3% net yield for studios and 5.7% for 1-bedroom apartments. But some tower buildings can carry high strata levies, lift costs, pool and gym costs, and future capital works risk.
Burswood has strong numbers, especially for 2-bedroom apartments at 5.1% net yield. The risk is that tower-style stock can have higher ongoing costs and more competition from similar apartments.
Maylands and Victoria Park are good value markets, but buyers should avoid the weakest buildings. Older small apartments with poor insulation, no parking, poor natural light, or deferred maintenance may rent only with discounts and may be harder to resell.
The practical avoid rule is simple. Avoid apartments where the headline yield is created by a hidden problem, such as high levies, weak layout, old services, poor parking, noisy location, or low resale liquidity.
Which neighborhoods look risky even though the rental yield is high in Perth?
The higher-yield but higher-risk Perth apartment areas are Burswood, East Perth, Perth CBD, Maylands, and Victoria Park.
These areas can work well, but only when the building, floor plan, strata costs, and tenant profile are strong.
East Perth and Perth CBD have strong rent-to-price ratios. Perth CBD studios are estimated at 7.5% gross yield and 5.9% net yield, while East Perth studios are estimated at 7.9% gross and 6.3% net.
The risk is concentration. Many apartments compete with similar CBD-fringe stock, and tenants compare buildings closely on parking, balcony, views, amenities, noise, and furnishings.
Maylands and Victoria Park have lower entry prices and good yields, but resale prestige is lower than Subiaco, South Perth, or Cottesloe. The investor gets more income but less blue-chip buyer depth.
The safer alternative is to accept slightly lower yield in Mount Lawley or Subiaco. Those markets usually offer broader lifestyle appeal and steadier tenant demand, even if the income return is lower.
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What neighborhoods should I avoid when buying a rental apartment in Perth?
When buying a rental apartment in Perth, beginners should be cautious with Cottesloe, Claremont, premium South Perth river stock, high-levy Burswood towers, and weak-quality Perth CBD units.
This is not a full ban on those neighborhoods. It is a warning that each one has a specific risk for rental-income buyers.
Cottesloe should be avoided by buyers who are mainly chasing yield. A 2-bedroom apartment is estimated at only 2.2% net yield, because the beach and prestige premium is much larger than the rent premium.
Claremont should be avoided if the goal is cash flow. A 2-bedroom apartment is estimated at 2.8% net yield, which is weak compared with East Perth, Fremantle, Victoria Park, or Burswood.
Premium South Perth river-view apartments need careful pricing. The location is strong, but price premiums can push 2-bedroom net yields toward 3.0%.
Burswood should be avoided by beginners when the strata statement is complex, levies are high, or future capital works are unclear. Perth CBD apartments should be avoided when they are too small, dark, noisy, poorly managed, or dependent on short-stay demand.
The simple rule is to avoid apartments where the only attractive part of the deal is the headline rent. In Perth, net yield and building quality matter more than suburb reputation alone.
Which neighborhoods are seeing rental demand weaken, and why, in Perth?
The Perth neighborhoods where rental demand looks more fragile are Maylands, Victoria Park, West Perth, and Leederville, based on the dataset's rental-growth signals.
This does not mean these suburbs are bad investment areas. It means rent growth may be less powerful than purchase-price growth, so buyers should not assume rents will keep rising quickly.
Maylands still has a strong value profile, but the dataset notes negative rental-price growth. That suggests an affordability ceiling, where tenants like the location but may resist further rent increases.
Victoria Park remains one of the strongest yield markets in the table, with 5.9% net yield for studios and 5.3% for 1-bedroom apartments. The risk is that future rent growth may be slower than the current yield suggests.
West Perth and Leederville also need closer checking before purchase. West Perth 2-bedroom apartments still show 4.5% net yield, but soft rental growth signals mean buyers should verify current asking rents and days on market.
The practical recommendation is to separate level from trend. A suburb can have good current yield and still have weaker rent-growth momentum.
Which neighborhoods are seeing new developments that could create stronger rental demand in Perth?
The Perth neighborhoods most likely to benefit from development-driven rental demand are East Perth, Burswood, Perth CBD, Subiaco, and Victoria Park.
The key distinction is demand-creating development versus supply-heavy development. New offices, hospitals, transport, entertainment, retail, or public-realm improvements can deepen tenant demand, while new apartment towers can simply create more competition.
East Perth benefits from CBD-adjacent employment, river lifestyle, Claisebrook, Royal Street, the WACA precinct, and inner-city amenities. That supports both studio and 1-bedroom demand, with net yields of 6.3% and 5.7% respectively.
Burswood benefits from Crown, Optus Stadium, riverfront apartments, train access, and proximity to both the CBD and Victoria Park. That is why its 2-bedroom apartments still estimate at a strong 5.1% net yield.
Subiaco has demand depth from rail, retail, hospitals, and established inner-west amenities. Development that improves amenity can support rental stability, although prices may already reflect much of that story.
Victoria Park is attractive because it remains more affordable than Subiaco or South Perth while still benefiting from CBD access and the Albany Highway lifestyle strip.
We created this infographic to give you a simple idea of how much it costs to buy property in different parts of Australia. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.
Which neighborhoods have become less attractive for apartment investors over the last 12 months in Perth?
The neighborhoods that have become less attractive for apartment investors over the last 12 months in Perth are Cottesloe, Claremont, South Perth, Applecross, and parts of Leederville.
The main issue is that prices have risen faster than rental income, or that recent rent-growth signals look weaker than the headline yield suggests.
Cottesloe remains one of Perth's strongest lifestyle locations, but the yield math is thin. A 2-bedroom apartment is estimated at A$1.18 million and only 2.2% net yield.
Claremont has a similar issue. A 1-bedroom apartment is estimated at A$645,000 and 3.2% net yield, while a 2-bedroom apartment falls to 2.8% net yield.
South Perth is still highly livable, but 2-bedroom apartments look weaker for income buyers. A typical 2-bedroom apartment is estimated at A$775,000 and A$2,920 monthly rent, which gives about 3.0% net yield.
Applecross is more nuanced. Smaller apartments can still work, but 2-bedroom apartments at A$930,000 and 3.6% net yield need premium tenants to justify the capital required.
Leederville remains attractive to renters, but the dataset's negative rental-growth signal means investors should avoid paying as if rents are accelerating strongly.
Which apartment types are becoming harder to rent in Perth, and in which neighborhoods?
The apartment type becoming harder to justify in Perth is the expensive 2-bedroom apartment in premium suburbs, especially in Cottesloe, Claremont, South Perth, and Applecross.
These apartments can still rent, but the return on capital is often weak because purchase prices rise faster than achievable monthly rent.
Cottesloe 2-bedroom apartments are the clearest case. The estimated purchase price is A$1.18 million, monthly rent is A$3,680, and net yield is only 2.2%.
Claremont 2-bedroom apartments also look stretched. The dataset estimates A$900,000 purchase price, A$3,210 monthly rent, and only 2.8% net yield.
South Perth 2-bedroom apartments are more stable than risky, but they are not high-yielding. They suit lifestyle renters and longer-term tenants, while the purchase price reduces the income return.
Studios and 1-bedroom apartments remain more liquid in East Perth, Perth CBD, Victoria Park, Fremantle, and Maylands because renter budgets are under pressure and smaller apartments keep total rent manageable.
The danger is buying a studio that is too small, poorly lit, badly managed, or in a high-fee building. Small apartments work best when they are simple, livable, financeable, and close to real tenant demand.
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INSIGHTS
These insights are drawn from the Perth apartment rental yield dataset, with a focus on what a foreign individual buyer should understand before buying a residential apartment to rent out.
You’ll find even more insights in our our real estate pack about Perth.
- East Perth is the strongest balanced income case in the Perth apartment market. The studio and 1-bedroom estimates both clear 5.5% net yield, while the area still has clear tenant demand from CBD access, river lifestyle, and inner-city amenities.
- Fremantle studios show the highest estimated net yield in the dataset at 6.4%. This is not just a cheap-apartment story, because Fremantle also has lifestyle demand, tourism pull, port employment, and a walkable town-centre identity.
- Victoria Park is one of the best low-entry markets for foreign buyers. The 1-bedroom estimate of A$415,000 and 5.3% net yield gives a cleaner income profile than many more prestigious suburbs.
- Burswood is unusual because 2-bedroom apartments still produce strong income. In many Perth suburbs, 2-bedroom apartments lose efficiency, but Burswood 2-bedroom apartments are estimated at 5.1% net yield because the rent level is high relative to purchase price.
- Studios usually beat 2-bedroom apartments on yield because rent does not fall as much as price when the apartment gets smaller. This makes compact apartments useful for income buyers, but only when the building is financeable, livable, and not burdened by excessive strata costs.
- One-bedroom apartments are often the safest beginner format. They do not always beat studios on yield, but they usually have a wider tenant pool and better resale liquidity.
- Cottesloe is a lifestyle market before it is a rental-income market. A 2-bedroom apartment is estimated at only 2.2% net yield, which means the buyer is paying mainly for beach scarcity, prestige, and long-term desirability.
- Claremont has the same yield compression problem as Cottesloe, but with a different demand story. Schools, train access, retail, and prestige support values, yet 2-bedroom apartments still estimate at only 2.8% net yield.
- South Perth is defensive rather than high-yielding. It can be a good place to own, but 2-bedroom apartments around 3.0% net yield are not the best choice for a buyer focused mainly on rental income.
- Maylands gives a useful affordability signal. A studio estimate of A$335,000 and 5.2% net yield is attractive, but buyers need to watch building quality, parking, maintenance, and resale depth.
- Mount Lawley and Subiaco are steadier than their headline yields suggest. Their value is not maximum income, but tenant depth, lifestyle demand, transport access, and leasing stability.
- West Perth 2-bedroom apartments perform better than many buyers might expect. The estimated 4.5% net yield suggests that office-fringe rents can support larger apartments when the purchase price is not too inflated.
- Applecross has a split profile. Smaller apartments can still work, but 2-bedroom apartments at A$930,000 need premium tenants and careful cost control to justify the investment.
- The biggest Perth apartment risk is often building-level cost rather than neighborhood demand. High strata levies, lift expenses, pools, gyms, cladding issues, capital works, and weak maintenance can quickly reduce net yield.
- Headline gross yield is not enough in Perth. A high gross yield in East Perth or Burswood can be attractive, but the final decision should depend on net yield, vacancy risk, strata records, tenant depth, and resale liquidity.
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OUR METHODOLOGY TO BUILD THIS TRACKER
To estimate purchase price, monthly rent, and rental yield in different Perth neighborhoods, we built the analysis manually from the ground up by neighborhood and apartment type. We did not reuse a third-party yield dataset.
For each area, we researched current residential sale listings for studios, 1-bedroom apartments, and 2-bedroom apartments across major Australian and Western Australian property platforms such as realestate.com.au, Domain, and REIWA.
We collected comparable sale listings for each neighborhood and apartment type, then cleaned the sample. Duplicate listings, unrealistic asking prices, luxury outliers, distressed assets, serviced-style offers, incomplete listings, and clearly non-comparable properties were removed.
Sale prices were reviewed by location, property type, size, condition, building quality, and listing quality. We used the median price as the main reference where possible, or the average only when the comparable sample was clean.
We then built the rental side of the dataset separately. For the same neighborhood and apartment type, we collected comparable rental listings, removed outliers and non-comparable listings, and estimated a realistic monthly rent using the median rent where possible.
Purchase prices and rents were researched separately, then matched by neighborhood and apartment type to estimate gross rental yield. The gross rental yield was calculated as annual rent divided by estimated purchase price.
To estimate net rental yield, we adjusted the gross yield for the costs and risks that matter to Perth apartment ownership. These include strata fees, vacancy risk, maintenance, property management, leasing fees, insurance, repairs, tax friction, utilities when relevant, building costs, and other operating costs.
We did not apply one flat deduction to every apartment. The net-yield deduction was adjusted by neighborhood and property type because different apartments have different cost structures. A small central apartment, a high-amenity tower unit, and a larger premium apartment should not be treated as if they have the same operating cost profile.
Each estimate was assigned a practical confidence level based on the quality and size of the comparable listing sample. Around 30 to 40 comparable listings means higher confidence, 20 to 30 comparable listings means usable but less robust, and fewer than 20 comparable listings means directional only unless the comparable area is widened.
These estimates are updated regularly and should be read as structured market estimates, not guarantees of future rental income. Honesty, quality, and rigor are at the core of our work, and they are also what you will find in our real estate pack about Perth.
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