Rent.com.au recently undertook an audience analysis to better understand the Australian renter marketplace, and though major cities within New South Wales, Queensland, Victoria and Western Australia were popular hot spots, smaller inland and coastal locations topped the list for rental desirability.
Wollongong, NSW’s third-largest city (postcode 2500), was the top searched suburb under Sydney in the most recent release of data by rent.com.au, with median rental for advertised properties in the last 30 days at $390 per week.
Offering a piece of beach-side living, the demographic of Wollongong is largely a mix of young, maturing and established independents. The area has a strong mix of professionals and tradies, and boasts a local university, enticing a number of students and academics to the area.
The rental was 2.5% or $10 lower than the previous quarter, says the report.
The lowest rent in the last 30 days was $160 for a one-bedroom dwelling, while the highest was $800 for a four-bedroom one.
There were 104 rental properties advertised in the last 30 days, up 5 from the previous 30 days.
The city’s composition shows 69.2% apartments and 30.8% houses.
Rent.com.au found these two recent dwellings advertised on the website:
A 2-bedroom apartment at at 4/27 Mangerton Road is up for rent at $380 p/w
You can rent this two-bedroom home at 5/70 Church Street for $400 per week.
Queensland’s Toowoomba (postcode 4350) also sits right under Brisbane on rent.com.au’s most-searched suburbs list, with a median rent of $290 for all rental properties advertised in Toowoomba earlier this year.
The state’s largest inland town is today popular with families, students and mature couples, defined by a string of manicured gardens and iconic colonial cottages.
The price range of advertised properties in Toowoomba was from $190 for a one-bedroom dwelling to $440 for three bedrooms.
Out of a total of 7 rental properties advertised in Toowoomba within the 30 days, 6 were houses and 1 was an apartment.
As an illustration, here are two dwellings up for rent around the median price on rent.com.au:
This 3 bedroom chafer home at 236 South Street can be rented for $300 per week
Rent this 2 bedroom unit at 5/262 Margaret Street for $275 per week.
If you’re looking for a rental in Epping, you’ll find the majority of your neighbours are families or couples of the older variety, living in new estates or large family homes.
The median rent for all rental properties advertised in Epping in the 30 days till May was $345 per week, up 0.72% or $2.50 from the previous quarter.
When it came to price, the range was relatively high for properties advertised in the 30 days, with the lowest being $125 per week for a four-bedroom place and $470 pw being the highest for five-bedrooms and above dwellings.
A total of 57 rental properties were advertised in Epping in the 30-day period, up 10 from the previous 30 days. Of these, there were 46 houses and 11 apartments.
Rent.com.au zeroes in on two examples of recently advertised dwellings around the median price on the site today:
3 Merrill Drive is a 3 bedroom home available to rent for $345 p/w
You could rent 3 bedroom home at 825 Edgars Road for $350 p/w
Western Australia’s Mandurah (postcode 6210), boasting marina-side living just an hour south of Perth, also figures in the top list of searched suburbs by renters right after the city of Perth.
Mandurah has made leaps and bounds in its effort to reinvent itself as a beach resort, taking advantage of the train link to Perth’s public transport network. The area is prime terrain for families and young and maturing renters looking for room to move.
It’s WA’s second-biggest city, but remains unshakeably relaxed, combining marina-side townhouses, and suburban back-blocks.
The median rent for all rental properties advertised in Mandurah in last 30 days was $318 per week, 6% or $18 higher than the last quarter.
The price range for all properties advertised in the 30-day period varies from $190 for a one-bedroom dwelling to $700 for three bedrooms.
There were 118 rental properties advertised in the last 30 days, up 65 from the previous 30-day period.
The overall property composition of Mandurah is 86.1% houses and 13.9% apartments.
An illustration of properties around the median rent in Mandurah are these found on rent.com.au:
There are 3 bedrooms at this 3/60 Tuckey Street house for $320 p/w
7/73 Rockford Street is a 3 bedroom brick unit available for $320 p/w
Visit rent.com.au and find your perfect rental property today.