What the calculator follows
Gross yield is a year’s rent over the price. Net yield first takes off the weeks you expect the property to sit empty, the property manager’s fee on the rent collected, and the running costs, then divides by the price. Both are before loan interest and before tax, so two properties can be compared regardless of how each is financed.
The simplifications, so you can discount them. The price is the purchase price alone; stamp duty and buying costs aren’t added, which would lower the yield on what you actually paid. Nothing assumes rent or price growth. And a median is a median: the defaults are real figures for the whole council area (NSW Rent and Sales Report, March 2026 quarter), not a valuation of any particular unit.
From yield to what it costs you
Yield is half the picture. The other half is the interest, the tax, and the rules that changed in 2026 for established homes bought after Budget night. The negative gearing calculator takes these figures through to an after-tax holding cost, and our negative gearing guide compares North Shore units with houses. Our investment loans page covers how lenders assess the rent. This page is general information, not advice.