In the past two years, the average price of a 3-bedroom property sold by Barfoot & Thompson has increased by 30%, from 584,526 in May 2013, to $758,960 in April 2015 - an increase of $174,434.
In the same period, the average rental has increased by only 9%, from $446 in May 2013 to $486 in April 2015 - an increase of just $40.
This means that over the past 24 months, the average gross yield has decreased by 16%, going from 3.97% in May 2013, to 3.33% in April 2015.