Brisbane's most valuable spare rooms

on 8 January 2016 by Aaron

Another year has come, and like most people you’ve probably set some awesome new years resolutions. New year, new me and all that jazz.

image

Maybe you’ve been sensible and decided you’ll pay down that mortgage or bolster your savings. Or, perhaps you’ve decided it’s the year for a big overseas trip.

Either way, these will come at a price, and unless you’ve got a big promotion coming up they might be hard to achieve.

So, if you have a spare room in your home, it might be time to start renting it out to help pay for your 2016 goals. It’s also a great way of mixing up your home life; with new flatmates comes new experiences and potential lifelong friends.

If that’s still not enough to get you clearing out your space, perhaps finding out the value of your room just might. According to figures released by Flatmates.com.au rooms in some Brisbane suburbs can bring in a healthy $11,000 - $14,100 per annum.

Based on average room rental prices from the last half of 2015, we have put together a list of the most valuable rooms by city, as well as their popularity amongst those currently seeking a place.

Rank Suburb Average Rent P/W Demand
1 Brisbane City $272 Very High
2 Teneriffe $254 Moderate
3 Spring Hill $253 High
4 South Brisbane $248 High
5 Fortitude Valley $242 High
6 Newstead $237 Moderate
7 Kangaroo Point $234 Moderate
8 Dutton Park $231 Low
9 St Lucia $229 High
10 Hamilton $226 Low
11 West End $224 High
12 Bowen Hills $223 Moderate
13 New Farm $220 High
14 Windsor $219 Moderate
15 Woolloongabba $219 Moderate
16 Auchenflower $213 Moderate
17 Milton $208 Moderate
18 Kelvin Grove $208 High
19 Bulimba $207 Moderate
20 Nundah $206 Moderate

Average prices based on rooms listed on Flatmates.com.au between 1 July - 31 December 2015

Demand based on the number of people looking in the respective suburb on 6 January 2016

Ohpy6i7a6rhfo47jnmgy
  • Aaron
  • media@flatmates.com.au
  • Aaron is the Flatmates.com.au's Community Manager and PR guy. He is an avid supporter and user of share accommodation, currently living with two (lucky) flatmates.