The hunt for affordable rental accommodation

Each year, thousands of students pour into suburbs across Australia in the hunt for rental accommodation. For a lot of university students, this means that affordability is a major non-negotiable. If this sounds like you, the good news is that affordable university suburbs are out there – if you know where to look and are prepared to consider surrounding suburbs as an option.

Knowing where to rent and finding a good, affordable suburb can be a daunting task, particularly if you’re new to an area or have recently transferred from interstate. The task for renters is to hone in on the affordable university suburbs that cater to a set budget and desired lifestyle, before starting your rental market search.

The difficult reality for some renters is securing affordable housing within a reasonable distance of their campus of choice, particularly in inner cities.

A lack of affordable housing can make entering or remaining at university a financial challenge, especially when added to the stress of handing in papers and travelling to attend lectures each week.

Suburb CloudRent.com.au, Australia’s number one website dedicated to rental property has identified a list of suburbs that offer affordable accommodation with convenient access to Australia’s major universities, including the likes of University of Melbourne, Sydney, ANU, UQ, UNSW, Monash and UWA.

Top tip: Sharing accommodation can help to manage your cost of living. It’s worth looking around to find something that meets your lifestyle needs – many apartments and townhouses in the key campus suburbs and surrounds offer beautiful city views and quiet places for group work and solo study.

 

 

 

10 most affordable affordable university suburbs for Australian renters
Rank State Name Suburb Median rent
1 SA Flinders University Bedford Park $260/pw
2 WA The University of Notre Dame Australia Fremantle $320/pw
3 QLD Griffith University Nathan $325/pw
4 VIC Victoria University Footscray $335/pw
5 WA Curtin University Bentley $340/pw
6 WA Edith Cowan University Joondalup $360/pw
7 WA The University of Western Australia Crawley $370/pw
8 VIC Monash University Clayton $388/pw
9 VIC Swinburne University of Technology Hawthorn $400/pw
10 WA Murdoch University Murdoch $415/pw
Source: Q4 2016 suburb median rent data. Rent.com.au

 

The most affordable university suburbs in each state capital
State Name Suburb Median rent
NSW Western Sydney University Parramatta $460/pw
VIC Victoria University Footscray $335/pw
QLD Griffith University Nathan $325/pw
WA The University of Notre Dame Australia Fremantle $320/pw
SA Flinders University Bedford Park $260/pw
Source: Q4 2016 suburb median rent data. Rent.com.au 

 

SYDNEY, NEW SOUTH WALES 

university suburbs sydney

If you’re attending a major university in New South Wales like the University of Sydney, Charles Sturt, UNSW, Macquarie, Uni of Technology Sydney and Western Sydney, we’ve narrowed down some suburbs with a variety of accommodation options under $400/pw ($100/pw if you can share with 3 friends!) which should suit you and your lifestyle.

Western Sydney University sits in the relatively young city of Parramatta, a well-known business district some 23 kilometres west of the Sydney CBD. The university ranked ‘most affordable’ in NSW on Rent.com.au’s list. Students looking to study at WSU will find the most affordable rental properties in suburbs including Parramatta, Granville and South Wentworthville. Apartment buildings dot the skyline around Parramatta, with everything from one-bedroom basic accommodation to larger apartments which could easily accommodate shared living.

Next most affordable in NSW is Macquarie University, located in the green residential suburb of Marsfield. Marsfield’s proximity to Macquarie University and the university rail station make it an attractive area for the professional and student crowd. You’ll find many townhouses and units in the parts of Marsfield that border South Turramurra and Epping which are great for students.

THE UNIVERSITY OF SYDNEY

Camperdown

Ultimo

Enmore

CHARLES STURT UNIVERSITY

Darlinghurst

Surry Hills

Potts Point


THE UNIVERSITY OF NEW SOUTH WALES

Kensington

Waterloo

Rosebery

MACQUARIE UNIVERSITY

Marsfield

Mascot

Camperdown

UNIVERSITY OF TECHNOLOGY SYDNEY

Ultimo

Camperdown

Surry Hills

WESTERN SYDNEY UNIVERSITY

Parramatta

Granville

South Wentworthville

 

MELBOURNE, VICTORIA 

university suburbs melbourne

Beautiful Melbourne comes with a reputation for an arty, café culture and cosmopolitan lifestyle, so it’s little wonder students flock to the Victorian capital to study at the University of Melbourne, Monash and Deakin, to name just a few.

Victoria University is positioned in the multicultural hub of Footscray. The suburb sits close to the city, making it an ideal spot for young students to search for rentals. Footscray is well serviced by a major train station, as well as buses. Victoria Uni entices plenty of students to the area on the lookout for accommodation in modernist townhouses and renovated warehouses by the Maribyrnong, or new, contemporary-styled accommodation near the university and station.

Monash University is another hotspot for student life. The main campus is in university town south-east of the city, Clayton. Much like Footscray, Clayton is multicultural and attracts a younger studying demographic. If you’re looking for affordable rental properties in Clayton or surrounding suburbs (Springvale and Clarinda) you’ll come across a range of apartment buildings close to Monash Uni that are perfect for students.

The suburbs below offer a variety of rental property options under $400/pw in Melbourne close to key universities:

DEAKIN UNIVERSITY

Burwood

Burwood East

Ashwood

MONASH UNIVERSITY

Clayton

Springvale

Clarinda

VICTORIA UNIVERSITY

Footscray

Braybrook

Maidstone

SWINBURNE UNIVERSITY OF TECHNOLOGY

Hawthorn

Burnley

Abbotsford

LA TROBE UNIVERSITY

Melbourne

Docklands

Southbank

RMIT UNIVERSITY

Melbourne

Docklands

Southbank

THE UNIVERSITY OF MELBOURNE

Parkville

Travancore

Moonee Ponds

 

BRISBANE, QUEENSLAND 

university suburbs brisbane

Are you looking to attend one of the major universities in Brisbane like Queensland University of Technology, Griffith University or The University of Queensland? The good news is that relatively inexpensive accommodation options abound for students looking for individual or shared accommodation near each of the main campuses.

Griffith University’s foundation campus is in Nathan, the suburb Rent.com.au identifies as Brisbane’s most affordable university rental suburb. Nathan is known for its proximity to the city (around 12 kilometres from the CBD) and leafy living. Griffith’s Nathan campus sits in tranquil bushland on the edge of the Toohey Forest, a short walk or bus ride from the Mt Gravatt campus, or a 20-minute drive from Brisbane CBD.

Next most affordable on Rent.com.au’s list is The University of Queensland, located in the similarly leafy and practical university town of St Lucia. Only 4 kilometres from the city, St Lucia is dominated by the manicured lawns of UQ. The university is a major drawcard for students and academics alike. Students can make their home in affordable apartments, townhouses and share houses all close to the university campus in the likes of Moorooka and Annerley. All in all, St Lucia is the ultimate in convenience for students and families.
QUEENSLAND UNIVERSITY OF TECHNOLOGY

Brisbane City

Fortitude Valley

Kelvin Grove

GRIFFITH UNIVERSITY

Nathan

Mount Gravatt East

Salisbury

THE UNIVERSITY OF QUEENSLAND

St Lucia

Moorooka

Annerley

 

PERTH, WESTERN AUSTRALIA 

university suburbs perth

Perth is growing fast. It’s a fast-paced city with a confident and progressive nature that continues to attract students to study at the likes of UWA, Notre Dame, Curtin, Edith Cowan and Murdoch universities.

If you’re a student looking for affordable accommodation near a major university in Pmelbournerth, look no further than Notre Dame. Sitting at the mouth of the Swan River, Notre Dame’s key campus Fremantle, or ‘Freo,’ as it’s known to locals, has plenty of rental stock on offer, perfect for students looking to share a flat, house or apartment with others. Living in Fremantle itself will set students back around $320/pw* but nearby suburbs such as Nedlands, Hamilton Hill and Willagee also offer a range of accommodation options.

Curtin University is another option for students looking to grab a nearby suburban bargain, with Perth southern suburb Bentley hosting its main campus. The presence of the university, as well as further education colleges in the area has been a draw point for many international students, many of whom choose to live in nearby suburbs like East Victoria Park, Cannington, Queens Park, Karawara and Waterford.

The suburbs linked below offer a variety of accommodation options under $400/pw in Perth close to key universities.

* Source: Rent.com.au Q4 2016 suburb median rent data

CURTIN UNIVERSITY

Bentley

Cannington

Queens Park

THE UNIVERSITY OF WESTERN AUSTRALIA

Crawley

Como

West Perth

THE UNIVERSITY OF NOTRE DAME AUSTRALIA

Nedlands

Hamilton Hill

Willagee

EDITH COWAN UNIVERSITY

Joondalup

Heathridge

Neerabup

MURDOCH UNIVERSITY

Murdoch

Coolbellup

Willagee

 

ADELAIDE, SOUTH AUSTRALIA 

affordable university suburbs

If you call Adelaide home and tertiary education is calling, you may be considering one of the key campuses at The University of Adelaide, The University of South Australia or Flinders University. Good news for SA renters looking for shared or individual accommodation – it’s possible to find very affordable university suburbs across the state.

Flinders University’s Bedford Park campus is just 25-minutes from the Adelaide central business district. This is the university’s main teaching and research campus and is well serviced by buses. If you can live in Bedford Park, cycling and walking are the healthiest and cheapest transport methods. You’ll also find great rental properties in nearby St Marys and Clovelly Park.

The University of Adelaide is another worthwhile option to consider if you’re looking for affordable university suburbs. The CBD is a magnet for budgeting students, with a local demographic chiefly made up of young students and professionals who enjoy the convenience and variety of urban life. Adelaide CBD is packed with a variety of houses and apartments, with contemporary townhouses and apartment towers just to the west. If living in the heart of Adelaide is for you, getting around will be a breeze: buses, trams and trains are all within easy access of town. The University of South Australia is also located here. Check out nearby Hindmarsh or Keswick for further rental options near these two campuses.

The suburbs below offer a variety of accommodation options under $400/pw in Adelaide close to key universities.

THE UNIVERSITY OF ADELAIDE

Adelaide

Hindmarsh

Keswick

UNIVERSITY OF SOUTH AUSTRALIA

Adelaide

Hindmarsh

Keswick

FLINDERS UNIVERSITY

Bedford Park

St Marys

Clovelly Park

 

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