Rent Rabbit Tenant Opportunity Report reveals top 20 tenant-friendly suburbs within commuting distance of Brisbane’s CBD
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RentRabbit is Australia’s newest provider of property information and analytics using user-generated data helping Aussie renters compare properties and be better informed.
New research commissioned by Rent Rabbit has found the top 20 Brisbane rental markets for tenants who have average salaries and want to live in good areas.
The quarterly Rent Rabbit Tenant Opportunity Report identifies the top 20 suburbs where tenants can find affordable rents in decent suburbs that are within commuting distance of the CBD.
To make sure suburbs are suitable for families, only house markets are considered – unit markets are excluded. To further ensure markets are tenant-friendly, suburbs are excluded if their SA3 is more than 100km from the CBD and their SEIFAscore is lower than 4.
That leaves a small list of Brisbane suburbs. To establish a top 20 ranking, these suburbs are then ranked based on weekly rental rates (from lowest to highest).
All the suburbs had a median weekly rent under $500, while most were located within 25km of the CBD.
Rent Rabbitco-founder Ben Pretty said life is tough right now for tenants on average incomes.
“Vacancy rates are low in many parts of Brisbane and landlords are responding by jacking up rental rates,” he said.
“I really feel for tenants who are being forced out of their homes and suburbs, especially when they have kids who are forced to change schools.
“The Rent Rabbit Tenant Opportunity Report aims to help everyday tenants identify rental markets that are affordable, while also being liveable and commutable. That way, they can focus on raising their families and building their lives, without having to worry about whether they can afford to pay their bills.”
Top 20 ranking
Rank
Suburb
Postcode
Distance to Brisbane*
Median Weekly Rent
1
Bellbird Park
4300
23km
$380
2
Logan Reserve
4133
27km
$390
3
Coopers Plains
4108
8km
$410
4
Loganholme
4129
27km
$420
5
Forest Lake
4078
14km
$435
6
Springfield Lakes
4300
23km
$440
7
Sunnybank
4109
13km
$450
8
Upper Mount Gravatt
4122
14km
$450
9
Griffin
4503
22km
$450
10
Moorooka
4105
8km
$460
11
Stafford
4053
8km
$470
12
Pimpama
4209
46km
$470
13
Warner
4500
29km
$475
14
Keperra
4054
13km
$480
15
Springwood
4127
19km
$485
16
Sunnybank Hills
4109
13km
$485
17
Capalaba
4157
19km
$490
18
Rochedale South
4123
19km
$490
19
Calamvale
4116
14km
$495
20
Mount Gravatt East
4122
14km
$495
* ‘Distance to Brisbane’ is not the average distance of the suburb to Brisbane but the average distance of the suburb’s ‘SA3’ (a technical term the Australian Bureau of Statistics uses to define a cluster of suburbs) to Brisbane.
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