Australia's cheapest share accommodation suburbs

on 30 April 2015 by Aaron

melbourne

image by Rae Allen, cc 2.0 via Wikimedia Commons

Quarterly data released by Flatmates.com.au has revealed the cheapest suburbs within 10kms of Australia’s major city centres.

Often overlooked in favour of more sought-after neighbours, these suburbs offer cheaper rents for a similar location and lifestyle.

General Manager of Flatmates.com.au, Thomas Clement said despite rising rents in many cities, there were still a number affordable areas to find a home.

“While share accommodation is already the cheapest way to live, it is possible to live more frugally by broadening your search.” said Clement.

“If you’re willing to look a little further out from the city and in suburbs that aren’t as popular as their neighbours, you’re bound to find a very affordable new home.”

Sydney, NSW

Earlwood was the cheapest suburb to find a room at $198 per week, 20 per cent cheaper than neighbouring suburbs Marrickville and Sydenham. While it does fall just outside the 10km radius it was the only suburb under $200 within striking distance of the city. Ringed by the T3 Bankstown and T4 Eastern Suburbs train lines, Earlwood offers plenty of transport options into the city.

Top Five

Rank Suburb Area Rent p/week Distance to CBD
1. Earlwood Inner-West $198.43 12km
2. Chippendale Inner-West $205.56 2km
3. Five Dock Inner-West $228.88 10km
4. Ashfield Inner-West $229.12 9km
5. Kingsford Eastern Suburbs $237.99 7km

Melbourne, VIC

West Footscray was by far the cheapest place to land a room close to Melbourne City. Located 7km west of the CBD, West Footscray is easily accessed by the Sunbury train line or by bus. With an average room rental at $150 per week, West Footscray is 24% cheaper than neighbouring Yarraville and 17% cheaper than Maidstone.

Top Five

Rank Suburb Area Rent p/week Distance to CBD
1. West Footscray West $150.43 7km
2. Pascoe Vale North $171.82 5km
3. Moonee Ponds North West $179.84 4.5km
4. Footscray West $186.53 5km
5. Ascot Vale North West $198.79 4km

Brisbane, QLD

Located nine kilometres from Brisbane City, Moorooka is the best place to snag a cheap room. The average asking rent in Moorooka is $170 per week, which is 18% cheaper than nearby Tennyson. Serviced by the Beenleigh train line and plenty of busses, the suburb is well connected with the City and nearby universities.

Top Five

Rank Suburb Area Rent p/week Distance to CBD
1. Moorooka South West $170.75 9km
2. Wooloowin North $170.75 6km
3. Ashgrove West $173.83 4km
4. Newmarket West $173.83 5km
5. Stafford North $174.69 6km

Perth, WA

Osborne Park is the cheapest suburb to find a room in Perth, with the average rent in the suburb at $168 per week. Located just 8km north west of the CBD, Osborne Park is 13% cheaper than neighbouring Innaloo and 22% cheaper than a room in Tuart Hill. The only catch is Osborne Park is predominately an industrial area. For those who are willing to overlook this minor negative, the suburb could offer an affordable option.

Top Five

Rank Suburb Area Rent p/week Distance to CBD
1. Osbourne Park North West $168.85 8km
2. Queens Park South West $170.21 11km
3. Bentley South West $175.40 8km
4. Morley North East $176.70 10km
5. Nollamara North West $185.44 10km
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  • 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.