Most affordable Sydney suburbs to rent a room within 10km

on 17 May 2017 by Aaron

Newly released data from SGS Economics and Planning (Rental Affordability Index), has confirmed Sydney’s rental market is well and truly cooked with affordability in the harbour city at a record low.

image Average private room rents in Sydney, 2017

In case you missed it, the report showed that rents in suburbs within 10km of the Sydney CBD were Severely Unaffordable for the median renter, which meant that 38-60% of the household income was being spent on housing in 2016.

The data also showed the average household in Greater Sydney was on the cusp of rental stress—something which kicks in when 30% or more of the household income goes towards housing.

And sharers aren’t immune to this bad news as rises in property rentals have a direct correlation with private room prices—but then again you probably didn’t need fancy data to tell you something your bank balance screams weekly.

Data from Flatmates.com.au showed average private room rentals across Sydney were fast approaching $400 per week in many suburbs, with the likes of Tamarama, Elizabeth Bay, Darling Point already well above that mark.

image Average room rents by postcode based on listings created in 2017

So to help your diminishing bank account and soaring stress levels, Flatmates.com.au have crunched the numbers to show you can still find a somewhat affordable rental in Sydney, albeit a private room— which could almost be considered luxury in the harbour city, tbh.

Within 10km of the city centre only 14 suburbs had private room rents under $275 per week, however, that number could doubled for those able to bump their weekly budget to $300.

Suburb Postcode Average Weekly Room Rent
Hurlstone Park 2193 $219
Seaforth 2092 $235
Summer Hill 2130 $245
Croydon 2132 $247
Hillsdale 2036 $256
Dulwich Hil l 2203 $257
Five Dock 2046 $261
Petersham 2049 $265
Lane Cove 2066 $269
Russell Lea 2046 $270
Haberfield 2045 $271
Tempe 2044 $272
Marrickville 2204 $273
Ashfield 2131 $273
Sydenham 2044 $277
Botany 2019 $283
Gladesville 2111 $284
Kingsford 2032 $284
Kensington 2033 $285
Lane Cove North 2066 $286
Drummoyne 2047 $286
Balmain East 2041 $287
Chiswick 2046 $288
Artarmon 2064 $291
Leichhardt 2040 $293
Lilyfield 2040 $296
Greenwich 2065 $297
Lewisham 2049 $299

Average private room rent data based on all listings created in 2017, where that suburb had at least 10 listings

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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.