Best of the rest: The best cheap and central capital city prospects

30 OCT 2023 By Kyle Robbins 11 min read Hotspots

Australia’s raging rental crisis has pushed affordable inner-city rentals out of reach of many tenants, leading them to search for shelter a little further from their city’s CBD.

adelaide hobart canberra perth darwin spi y09ero

Already, we’ve discussed the suburbs close to the central business districts of Sydney, Melbourne and Brisbane which offer proximity to work and study in conjunction with affordable rents. Today, we focus our sights on the rest of Australia’s capital cities.

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Adelaide

The city of churches’ five CBD commuter-friendly unit markets are:

  1. Salisbury East, Adelaide North – $361 per week
  2. Salisbury, Adelaide North – $378 per week
  3. Kilburn, Adelaide North – $397 per week
  4. Klemzig, Adelaide North – $402 per week
  5. St Marys, Adelaide South – $403 per week

On the housing front, the following five suburbs are the city’s most affordable within 20 kilometres of the CBD:

  1. Salisbury, Adelaide North – $473 per week
  2. Brahma Lodge, Adelaide North – $475 per week
  3. Salisbury Downs, Adelaide North – $478 per week
  4. Paralowie, Adelaide North – $498 per week
  5. Taperoo, Adelaide West – $502 per week

Perth

Perth’s five most affordable unit markets within 20 kilometres of its CBD are:

  1. Midland, Perth North – $433 per week
  2. Gosnells, Perth South-East – $441 per week
  3. Noranda, Perth North-East – $445 per week
  4. Hamilton Hill, Perth South-West – $457 per week
  5. Coolbellup, Perth South-West – $462 per week

While for houses, the list is as follows:

  1. Girrawheen, Perth North-West – $491 per week
  2. Gosnells, Perth South-East – $501 per week
  3. Midland, Perth North-East – $503 per week
  4. Middle Swan, Perth North-East – $518 per week
  5. Koondoola, Perth North-West – $519 per week

Hobart

Following a boom in the 2010s, Hobart is currently experiencing a rental downturn. Weekly rents declined 1.7 per cent in the past year.

The city’s five most affordable unit markets lying 20 kilometres or less from its CBD are:

  1. Claremont, Hobart – $411 per week
  2. West Moonah, Hobart – $422 per week
  3. Glenorchy, Hobart – $431 per week
  4. Lindisfarne, Hobart – $456 per week
  5. New Town, Hobart – $463 per week

On the housing front, the Tasmanian capital’s most affordable and CBD-friendly suburbs are:

  1. Bridgewater, Hobart – $485 per week
  2. Midway Point, Hobart – $501 per week
  3. Chigwell, Hobart – $501 per week
  4. Claremont, Hobart – $509 per week
  5. Berriedale, Hobart – $516 per week

Canberra

The city’s cheapest unit rental markets in close proximity to its CBD are:

  1. Lyons, ACT – $468 per week
  2. Chifley, ACT – $494 per week
  3. Hawker, ACT – $501 per week
  4. Mawson, ACT – $528 per week
  5. Gungahlin, ACT – $529 per week

On the housing front, the five most affordable are as follows:

  1. Higgins, ACT – $597 per week
  2. Scullin, ACT – $598 per week
  3. Page, ACT – $599 per week
  4. Charnwood, ACT – $599 per week
  5. Holt, ACT – $599 per week

Darwin

The city’s cheapest rental markets within touching distance of the CBD are:

  1. Bakewell, Darwin – $457 per week
  2. Leanyer, Darwin – $468 per week
  3. Coconut Grove, Darwin – $475 per week
  4. Millner, Darwin – $478 per week
  5. Rapid Creek, Darwin – $494 per week

For houses, the Northern Territory capital’s most affordable markets are:

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