Lifted gross yield from 3.8% to 4.6% on a Paddington cottage.
3.8%
Previous yield
4.6%
Yield after 12 months
$8,600
Additional annual return
The situation
A well-located Paddington cottage with a tenant who had been in place for four years on a steadily declining real-rent basis. The owner was hesitant to review the rent. They didn't want to lose a good tenant.
What we did
We pulled three years of suburb-level rent data and showed the owner exactly how the property's rent compared to current market. Then we proposed a staged rent review framed positively to the tenant, with clear justification.
The tenant accepted the new rent with no friction. They valued staying, and the new amount was still below current market median for the suburb.
The outcome
The property's yield moved from 3.8% to 4.6% over twelve months, driven entirely by closing the gap to market without losing the tenant.
Result: $8,600 in additional annual return, with a long-standing tenant who renewed for another two years.
⚠️ Draft case study: placeholder content for the preview. Real client data to be supplied before handover.
“I was reluctant to push the rent. Toohey showed me the suburb data and made a confident case. They were right.”
— Anna T., Landlord
