Brighter Landlording

Cheapest city-side rental suburbs – you’ll be surprised

by Kate Watt, Marketing Manager 23 November 2016

Want to live close to town but can’t afford it? Perhaps you should look again.

If you’re prepared to consider an older style, refurbished property, you could land yourself a comfy home base within 10km of the city for just over $300 a week.

Data from realestate.com.au shows that Brisbane’s near-city rental market remains very affordable compared with Sydney, Melbourne, Darwin or Canberra.

With much hype still surrounding a potential oversupply of Brisbane CBD apartments, tenants could be well placed to nab a bargain close to town.

The type of property, its size and condition will greatly affect the weekly rent. But if you’re searching for that blend of proximity and affordability, starting your search in suburbs with a low median rent is a smart move.

You’ll be surprised to learn that a blue chip suburb like Clayfield rates amongst Brissie’s cheapest with a median price of $350 per week.

This is a reflection of the diversity of rental property types in the suburb. Sadly, no, you won’t pick up a five bedroom Queenslander with a pool for $350 week. But you will get a unit.

Brisbane’s cheapest rental suburbs within 10km of the CBD

  1. Nathan, $303 per week
  2. Rocklea, $340 per week
  3. Clayfield, $350 per week
  4. Wooloowin, $378 per week
  5. Annerley, Gordon Park and Kedron, $380 per week

Want more home for your rental dollar? Check our listings for rent

Want to maximise your investment property returns? Talk to us about landlording.