Question: I’m wondering if the “current yield” field is displaying the gross or the net rental yield after all the taxes and costs of holding have been factored?
Currently, the rental yield field represents the ‘gross rental yield’ of the property, without considering holding costs or taxes. In terms of taxes, it is recommended to calculate them based on an individual’s overall income position rather than on each property independently. However, future updates to the system may include insights on net rental yield and the property’s position, such as positive/negative gearing and the allocation of tax benefits. Please note that these additional insights may not be available for some time, possibly towards the end of this year (2023) or in the early to mid-next year.