Clayton is Melbourne’s university and research suburb, home to Monash University’s main campus, Monash Medical Centre and the Clayton technology precinct. The suburb delivers some of the strongest unit yields in the southeast corridor driven by consistent student and researcher rental demand.
Clayton Rental Yield Data 2026
| Property Type | Median Price | Median Weekly Rent | Gross Yield |
|---|---|---|---|
| House | $1,080,000 | $590 | 2.8% |
| Unit/Apartment | $520,000 | $470 | 4.7% |
| Student apartment | $380,000 | $410 | 5.6% |
Is Clayton Good for Rental Yield?
Clayton units and student apartments are one of Melbourne’s best institutional yield plays. At 4.7% gross for standard units and up to 5.6% for purpose-built student accommodation, Clayton significantly outperforms the metro average on cash flow. Vacancy is structurally low due to Monash University’s 80,000+ student population and 10,000+ research and medical staff. Houses at 2.8% are below average for the price but benefit from Monash employment proximity.
Find Off-Market Investment Properties in Clayton
Access off-market listings in Clayton including unit blocks and investment properties: collings.com.au/portal.
Frequently Asked Questions
What is the rental yield in Clayton?
Gross rental yield in Clayton is approximately 2.8% for houses, 4.7% for units, and up to 5.6% for student accommodation in 2026.
Is Clayton a good investment suburb?
Yes for yield. Clayton’s Monash University precinct drives structural rental demand. Units and student apartments deliver above-average yields. GeeVee rates Clayton 7.8/10 for yield investors.
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