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Rental yield calculator.

Rental yield is a property’s annual rent as a percentage of its price. Gross yield is the headline figure quoted in listings. Net yield takes off the rent you will not collect and what the property costs to run. Enter the price, the weekly rent, the weeks it might sit empty and your costs to see both.

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How this calculator works.

  1. Gross yield is the weekly rent times 52, divided by the purchase price.
  2. Rent collected is the weekly rent times the weeks the property is let (52 less the weeks vacant). The property manager’s fee is a percentage of that rent collected.
  3. Net income is the rent collected less the management fee, council rates and water, strata levies, landlord insurance and maintenance.
  4. Net yield is the net income divided by the purchase price. It can be negative if the costs are more than the rent.
  5. Loan interest, land tax and income tax are not included. The negative gearing calculator adds the loan and the tax.

What it assumes

  • The starting scenario is a property priced at $650,000, let at $600 a week and empty for 2 weeks a year.
  • Starting costs: a 7% management fee, $2,400 for rates and water, $0 for strata, $1,000 for insurance and $1,500 for maintenance a year.
  • These are starting points to be replaced with your own quotes, not market averages.
  • Assumptions last reviewed 25 September 2026.

Questions people ask.

How do you calculate rental yield?

Gross yield is the annual rent divided by the purchase price, as a percentage: weekly rent times 52, divided by the price. With the starting numbers that is 4.8%. Net yield replaces the rent with the income left after vacancy and running costs, which is 3.54% here.

What is the difference between gross and net rental yield?

Gross yield ignores the cost of running the property. Net yield subtracts the rent you do not collect and the costs of owning it, such as the property manager, council rates, strata, insurance and repairs, so it is the more honest measure of what the property earns.

What is a good rental yield?

There is no single answer, because it depends on your goals and the property. A useful test is to compare the net yield with the interest rate on the money you borrow: if the yield is lower than the rate, the property costs more to hold than it earns before growth and tax. The negative gearing calculator shows what that shortfall costs you.

Which costs should I include?

Include everything you pay each year to keep the property let: the property manager’s fee, council rates and water, strata or body corporate levies, landlord insurance and repairs. Land tax, loan interest and letting fees are not in this calculator.

Does rental yield include the mortgage?

No. Yield measures the property on its own, before any loan. How you finance the purchase changes your cash flow but not the yield.

How does vacancy affect rental yield?

Every empty week is a week of rent you do not receive, and the manager’s fee is charged only on the rent that is collected. With the starting numbers, 2 empty weeks cost about $1,200 of rent a year.

More calculators.

Rental Yield Calculator | Siare