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Best unit rents revealed

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An analysis by RP Data has identified the 10 suburbs around Australia with the highest median rents for units.

While the eight of the country’s high-rent suburbs were found in Sydney, the top spot was taken out by an area in Perth.

North Fremantle in Perth’s south-west attracts a median weekly rent of $750 per week for units or apartments.

Burswood on the Swan River also bring in high returns, with unit rents at a median of $695 per week.

Sydney’s waterfront, inner-city suburbs dominated the rest of the list.

In Milsons Point, on the north of the harbour, rents were as high as $740 per week.

Units in beachside Clovelly brought in $700 per week while units in harbour-side Balmain went for $680 per week.

Breakfast Point, Fairlight, Pyrmont, Double Bay and Bondi rounded out the list.

Each of these suburbs has a median rent above $650 per week.

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Top Suburbs

Highest annual price growth - click a suburb below to view full profile data:
1.
FAIRLIGHT 46.02%
2.
CASUARINA 44.36%
3.
THE ENTRANCE NORTH 41.09%
4.
ULTIMO 40.67%
5.
LAVENDER BAY 40.2%