Wednesday January 18 2017
While many have turned to sharing as a means to reduce their rental and living costs, the unfortunate fact is that even sharing has become prohibitively expensive in many inner-city areas.
Data from Flatmates.com.au—based on 21,700 room listings created in Sydney—showed a mere eight suburbs within 5km of the city centre had average private room rents under $300 per week, compared with 40 suburbs over.
Leichhardt and Greenwich had average room rents at just $275 per week, making them the cheapest within 5km of the Sydney CBD.
Cremorne Point was ~technically~ the closest cheap suburb to the city at $298 per week, however, only those catching the ferry would benefit from the location.
The full list:
Rank | Suburb | Post code | Avg Rent Per Week | Distance |
8 | Cremorne Point | 2090 | $298 | 3.2km |
7 | Crows Nest | 2065 | $296 | 4.6km |
6 | Beaconsfield | 2015 | $295 | 5km |
5 | Enmore | 2042 | $292 | 4.9km |
4 | Lilyfield | 2040 | $289 | 3.9km |
3 | Kensington | 2033 | $277 | 4.9km |
1 | Greenwich | 2065 | $275 | 4.4km |
1 | Leichhardt | 2040 | $275 | 5km |
Average prices based on all private room listings created in the previous six months, where that suburb had at least 10 listings. Distance based on Google Maps data.