news

Top 10 high-rent suburbs revealed

A new analysis has uncovered which suburbs across the country have the most expensive rents.

Mining towns in Western Australia and exclusive enclaves in Sydney dominated the list compiled by RP Data.

Port Hedland in the Pilbara region took out the top spot, with a weekly median rent of $1,775.

However, data from SQM suggests the local rental market is volatile.

House rents in this postcode have fallen by 14.2 per cent over the year and the vacancy rate is at 6.7 per cent.

Nearby Newman is in a similar position. Though RP Data reports the median rent is $1,500 per week, SQM figures show house rents have dropped by more than 32 per cent over the past 12 months.

Other Pilbara towns such as South Hedland, Baynton and Nickol all recorded rents between $1,100 and $1,350 per week.

On the other side of the country, Sydney’s salubrious inner-suburbs also raked in the cash.

Mosman was the city's most pricey rental suburb, with a median of $1,500 weekly.

Woollahra in the east also ranked highly at $1,300 per week.

Searforth in the north east and Roseville and St Ives in the north west rounded out the list, with weekly rents between $1,000 and $1,100.

Top 10 high-rent suburbs revealed
SPI logo
Thank you.

Your enquiry has been sent to a local Aussie Mortgage Broker.

We will be in contact with you shortly.
Opps.

error occurred.
Unfortunately Aussie cannot attend to your home loan related enquiry at this stage as you must be a citizen or permanent resident.
Do you need help finding the right loan for your investment?
What Aussie do for you:
  • Give expert mortgage advice to help you find great investment loan deals
  • Help you maximise return by lowering financing costs
  • Save you time and effort by helping with the paperwork
First name
Last name
Location
Mobile Number
Are you an Australian Resident?
promoted stories

Top Suburbs

Highest annual price growth - click a suburb below to view full profile data:
1.
BLUE BAY 49.18%
2.
PAMBULA 43.5%
3.
BERKELEY VALE 42.74%
4.
POINT PIPER 40.52%
5.
NORTH TURRAMURRA 38.12%