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Image: Henry Thai.
  • Adelaide vacancy rates were some of the lowest in the country
  • One Northern Territory suburb made the list
  • Nine Victorian suburbs were on the list

Renting in Australia is a tough task, with the latest figures showing the national vacancy rate to be around 0.9% to 1% according to Domain and SQM Research, respectively.

Of the state capitals, Domain data showed Adelaide to have the fewest properties available for rent, with a vacancy rate of 0.2%. Next was Hobart and Perth at 0.5% each.

In Adelaide’s top five suburbs, four featured a vacancy rate of 0.1%, with Perth’s Kalamunda clocking a 0% vacancy rate – the remainder of Perth’s top five featured vacancy rates of 0.2%.

National

Top 20 renter-friendly suburbs

Quarterly research commissioned by rentrabbit.com.au has identified the best tenant-friendly suburbs in Australia.

The list whittles down suburbs, ensuring they are within 35 kilometres of the capital city CBD and have a SEIFA* socio-economic score of four or more.

The remaining list is then ranked by median weekly rents.

“There’s no doubt it’s become harder for tenants – especially lower-income families – to
find a good rental property that’s not too far from the CBD and not too expensive. Thankfully, as this report shows, tenant-friendly suburbs still exist, even if there are fewer of them than before the pandemic,” said RentRabbit co-founder Ben Pretty.

“Data from the Australian Bureau of Statistics and the Housing Industry Association suggest there are a lot of new residential properties in the pipeline. Those new builds can’t occur quickly enough, because the only way to reduce the unhealthy levels of demand we’re seeing in the rental market right now is to increase the supply of rental properties,” added Mr Pretty.

Rank State Suburb Postcode Type Median weekly rent
1 NT Casuarina 0810 Unit $207
2 VIC Caulfield East 3145 Unit $285
3 VIC Gardenvale 3185 Unit $300
4 VIC Kingsville 3012 Unit $310
5 SA Glenelg North 5045 Unit $320
6 SA Plympton 5038 Unit $330
7 VIC West Footscray 3012 Unit $330
8 VIC Fairfield 3078 Unit $330
9 VIC Derrimut 3030 Unit $340
10 WA Osborne Park 6017 Unit $340
11 NSW Roselands 2196 Unit $340
12 NSW Tempe 2044 Unit $340
13 WA Wembley 6014 Unit $345
14 WA Mosman Park 6012 Unit $350
15 WA Inglewood 6052 Unit $350
16 NSW Harris Park 2150 Unit $350
17 SA Magill 5072 Unit $350
18 VIC Brunswick West 3055 Unit $350
19 VIC Malvern East 3145 Unit $350
20 VIC Murrumbeena 3163 Unit $350

*A SEIFA economic score is an Australian Bureau of Statistics measure that ranks areas in Australia according to relative socio-economic advantage and disadvantage. If a suburb has a score of 4, it means it’s in the fourth decile [i.e. 31-40%] in terms of its socio-economic position.



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