WHERE TO RENT FOR LESS IN PERTH
TENANTS looking for an affordable apartment or unit can choose from a range of locations including close to the coast and CBD.
REIWA has identified Perth’s top five cheapest suburbs for median unit rent in the three months to August, with Shoalwater taking the top spot. 1. Shoalwater Shoalwater was Perth’s most affordable suburb for median unit rent, with tenants able to secure a unit in the area for about $200 per week.
Rent prices for units have seen a steep decline over the past year, having reduced by $100 per week when compared to the year to August 2016.
Located 41km from Perth in the City of Rockingham, Shoalwater is a desirable location for families due to its proximity to the beach, schools, amenities, parks and playgrounds. 2. Orelia Situated 38km south of Perth in the City of Kwinana, Orelia took second spot, with a median unit price of $210 per week.
Rent prices have improved in affordability by $10 per week over the year; it takes landlords in the area about 55 days to find a tenant, five days faster than the same time last year.
Close to the Kwinana train line and shopping centre, Orelia offers residents a quintessential suburban lifestyle near a range of amenities, including parks and recreational facilities. 3. Armadale Armadale was Perth’s third most affordable suburb for unit rentals, with a median rent price of $250 per week.
The south-east suburb is 25km from Perth in the growing regional centre of the City of Armadale.
It was marginally more affordable to rent in Armadale in the year to August than it was in the year to August 2016, with the median unit rent declining by $14 over this time.
It takes landlords about 68 days to find a tenant for their rental unit in Armadale. 4. Wembley Prospective tenants looking to rent a unit closer to the city should look to Wembley.
Just 7km west of the CBD, Wembley was Perth’s fourth most affordable suburb for median unit rent, on par with Armadale at $250 per week.
Unit prices have become more affordable by $20 per week over the past year and it takes on average 59 days for a landlord to find a tenant in the area. 5. Osborne Park Osborne Park completed the list at number five, also with a median unit rent of $250 per week.
The well-established suburb is 8km north-west of Perth and has improved in affordability for tenants by $35 per week when compared to the year to August 2016.
Close to Innaloo shopping centres, Osborne Park offers its residents a suburban lifestyle near all major amenities.
It takes landlords on average 58 days to find a tenant for their rental, which is two days faster than it took in the year to August 2016.