Least competitive share accomodation suburbs within 10km of Melbourne city

Aaron

Thursday May 4 2017

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With Melbourne home to some of Australia’s most in-demand share accommodation suburbs, it’s not surprising that scoring a room can be tough.

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But not all is lost according to recent data from Flatmates.com.au, which has revealed Melbourne’s least competitive suburbs within 10km of the CBD.

Caulfield North was the best bet for an easy room according to the data, with just four people looking per room listed in the previous three months.

Travancore—the closest suburb on the list to the CBD—and Maidstone rounded out the top three with people to room ratios of 5:1 each.

The demand in suburbs on the list was a far cry from the most competitive which saw Fitzroy experience a staggering 80 people looking per room listed.

Chief executive officer of Flatmates.com.au, Thomas Clement, said he hoped the data would help those looking for a home by highlighting suburbs often overlooked by sharers.

“A good majority of sharers tend to seek out rooms in highly competitive suburbs such as Fitzroy, Carlton or East Melbourne, however, this data shows you don’t have to venture too much further to see a significant drop in competition.”

“These suburbs are not just less competitive, but they can also be more affordable. For example a room Travancore has an average weekly room rent of $74 per week less than Fitzroy.”

Flatmates.com.au achieved the ratios by comparing the number of rooms listed with the number of people listings on the site during the past three months.

Rank Suburb Post Code Number of people looking per room listed Distance to city
1 Caulfield North 3161 4:1 8.6
2 Travancore 3032 5:1 4.9
2 Maidstone 3012 5:1 9.3
4 Alphington 3078 6:1 7.2
4 Pascoe Vale South 3044 6:1 8.3
4 Maribyrnong 3032 6:1 8.6
4 Pascoe Vale 3044 6:1 9.9
8 West Footscray 3012 8:1 9.5
9 Ascot Vale 3032 9:1 5.9
9 Saint Kilda East 3183 9:1 6.4
author

Aaron

support@flatmates.com.au

flatmates

Aaron is the Flatmates.com.au's Product Manager. He is an avid supporter and user of share accommodation, currently living with two (lucky) flatmates.