Rent Rabbit Tenant Opportunity Report reveals top 20 tenant-friendly suburbs within commuting distance of Sydney’s CBD
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New research commissioned by Rent Rabbit has found the top 20 Sydney 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 Sydney 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 of $525 or below, while most were located within 35km 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 Sydney 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
Distance to Sydney*
Median Weekly Rent
* ‘Distance to Sydney’ is not the average distance of the suburb to Sydney 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 Sydney.
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