What separates Greater Sydney from the rest of New South Wales, measured on the publisher’s own regional split rather than on an average of council areas. Covers New South Wales.
New South Wales — the yield needs an observed rent over an observed sale price, and only New South Wales publishes both by region.
Median gross rental yield by the publisher's own geographic classification — not our grouping. It is the largest structural signal in the NSW data.
Rest of State yields 115bp above Greater Sydney. Classification: NSW DCJ, taken from the publisher's own hierarchy. Medians of council-area gross yields, unweighted.