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The apartment market has lead the charge in offering the best yields on investment property over the 2008 calendar year.
Rental returns in seven key inner city locations hit between 7 to 9 per cent.
According to RP Data, the highest yielding property in a major city was Sydney’s Woolloomooloo, which averaged a 9.4 per cent return, The Australian Financial Review reported over the weekend.
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Other attractive markets included Melbourne’s Burnley (8.2 per cent), Darwin’s Parap (7.5 per cent) East Perth (7.1 per cent) and Adelaide’s Evanston (7.1 per cent).
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