For investors considering Middle Cove (2068), gross yield is the starting point, but it is the net yield after outgoings (council rates, strata levies, property management, maintenance) that determines actual cash-flow position. The figures shown are gross. As a rule of thumb, subtract 1.5 to 2.5 percentage points to arrive at a net yield estimate, depending on property type and strata status.
Can I afford Middle Cove?
Rental market in Middle Cove
Median weekly rent from lodged bonds. Sep 2025. Bond count suppressed by DCJ (30 or fewer lodgements this quarter).
Rents here are at the higher end for Sydney. Higher holding costs for investors; higher savings pressure for renters.
Median weekly rent · Unit · 2 bed
Small sample
$750per week
Sep 2025 · bond count suppressed
Quarterly trend · last 12 quarters
Nearby suburbs · same combination
Northbridge2063
$895▲$145
1.4 km away
Cammeray2062
$800▲$50
2.6 km away
Castle Cove2069
$840▲$90
2.6 km away
Artarmon2064
$775▲$25
2.8 km away
NSW DCJ Rental Bond Board↗ · Sep 2025 · CC BY. Cells with 10 or fewer bond lodgements are suppressed; cells with 30 or fewer have the bond count suppressed but rent published. Figures are transacted rents, not asking rents.
A low vacancy rate in Middle Cove indicates strong tenant demand relative to supply, typically a positive signal for landlords and a sign that the suburb has sustained rental appeal. Vacancy rates below 2% in Sydney are generally considered a landlord's market; above 3% signals softer conditions. Compare the Middle Cove rate to the wider Willoughby LGA to understand whether it is suburb-specific or part of a broader area trend.