Friday April 1 2016
Literally down, as in your bank balance plummeting? Fear not, you’re probably not alone. Rent is on the increase in Melbourne, and unfortunately, that includes share accommodation too.
New data from Flatmates.com.au, based on listings creating in 2016, revealed a startling 21 suburbs with average weekly rent of over $250 for a private room. Yep, over $250. 😮
With Melbourne firmly cemented as Australia’s most liveable city, it could be easy to blame increasing rents on the stampede of northerners crossing the border.
Hearing this, you might be ready to throw in the towel and move to Tasmania, and we don’t blame you – rent down there is actually affordable.
But before you do anything rash (re: above), there are a number of suburbs close to the city where you can land a room without being robbed.
To help you with your search, check out our picks for the best 20 Melbourne suburbs with a weekly rent of less than $250.
Happy hunting:
Suburb | Average Rent Per Week in 2016 | Dist. To City |
St Kilda East | $249 | 9km |
Richmond | $248 | 4km |
North Melbourne | $243 | 2km |
Windsor | $240 | 7km |
Prahran | $237 | 6km |
Balaclava | $235 | 8km |
Fitzroy North | $228 | 5km |
Northcote | $220 | 7km |
Hawthorn | $219 | 7km |
Parkville | $214 | 4km |
Hawthorn East | $210 | 8km |
Brunswick West | $206 | 6km |
Kew | $203 | 7km |
Seddon | $202 | 8km |
Kensington | $201 | 5km |
Thornbury | $201 | 9km |
Newport | $199 | 12km |
Yarraville | $196 | 9km |
Footscray | $192 | 7km |
Preston | $186 | 10km |
Prices based on private room listings created on Flatmates.com.au between Jan 1 - Mar 10 2016