In the midst of the cost-of-living crisis, it can feel like finding an affordable and pleasant place to rent may have gone the way of dial up phones and Dodos. But rest assured, here at Homely we know all the best kept secrets when it comes to renting affordability in Australia. Whilst in Sydney and Melbourne especially the cost of living can weigh a lot of down, there are several suburbs that provide a balance of affordability, amenities and quality of life. Read on to explore some of the best rental markets in Australia.
Footscray, Melbourne: Located just west of Melbourne’s CBD, Footscray is gaining popularity for its multicultural atmosphere and affordability. With a vibrant food scene, cultural events, and proximity to public transport, this suburb offers a diverse and dynamic living experience without breaking the bank.
Beenleigh, Brisbane: Situated between Brisbane and the Gold Coast, Beenleigh provides a suburban lifestyle with easy access to both major hubs. Affordable rental prices, coupled with a family-friendly environment and various parks, make it an appealing choice for those looking for a quieter setting while staying well-connected.
Salisbury, Adelaide: Known for its affordable housing options, Salisbury in Adelaide is an excellent choice for renters seeking a balance between urban and suburban life. The area boasts good schools, parks, and community facilities, making it an attractive option for families.
Fremantle, Perth: Often overshadowed by its larger neighbour, Perth, Fremantle is a gem for those seeking an affordable yet culturally rich environment. With a historic charm, vibrant arts scene, and proximity to the coast, Fremantle provides a unique living experience at a relatively lower cost.
Belconnen, Canberra: Canberra is Australia’s capital, and while it’s known for its government institutions, it also offers affordable living in suburbs like Belconnen. With multiple schools, shopping centers, and recreational facilities, Belconnen caters to families and young professionals alike.
Penrith, Sydney: Sydney is notorious for its high living costs, but Penrith, located in the city’s west, stands out as a more affordable option. The suburb offers a range of amenities, including shopping centres, schools, and recreational areas, all while maintaining a more reasonable cost of living.
Caboolture, Queensland: Situated north of Brisbane, Caboolture is a growing suburb with affordable rental options. It provides a semi-rural feel while still being close to major amenities. The affordability, combined with the relaxed lifestyle, makes it an attractive choice for renters.
Gawler, South Australia: Gawler, located north of Adelaide, is known for its historic charm and affordability. With a strong sense of community, good schools, and easy access to Adelaide, Gawler appeals to those looking for a more laid-back lifestyle.
Sunshine, Victoria: Located 12 kms west of Melbourne, Sunshine stands out as an affordable suburb with diverse housing options and ongoing urban development. Excellent public transport connectivity, including trains and buses, makes commuting to the city convenient.
From Melbourne to Perth, these suburbs cater to various preferences, whether you’re seeking a bustling urban environment or a more relaxed suburban setting. When searching for affordable accommodation, it’s essential to consider factors such as proximity to work, public transport, and local amenities to find the suburb that best suits your needs and lifestyle.
Head over to Homely.com.au to start your rental search now!
James is passionate about Homely and real estate. A 2017 graduate from the University of Melbourne where he honed his love of writing, he is thrilled to bring property news and lifestyle content to Homely readers across Australia.
Homely is an internationally acclaimed real estate portal helping millions of Australians each year to find their next home for sale or for rent. Check out our suburb reviews and local Q&A pages to see what everyone is talking about.
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