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FIVE SUBURBS IN THE TOP 10 Featured
28 January 2022 Posted by 

FIVE SUBURBS IN THE TOP 10

Greater Blacktown the rental capital
BLACKTOWN has listed second in the top 20 tenant-friendly suburbs within commuting distance of Sydney’s CBD.
And four other suburbs in Greater Blacktown are listed in the top 10, making the region the rental capital of Sydney.
 
New research commissioned by RentRabbit.com.au found the top 20 Sydney rental markets for tenants who have average salaries and want to live in good areas.
 
Blacktown’s median rental is $430, the same as the top-rated rental suburb Ingleburn.
 
Seven Hills was third, also with $430 and Oakhurst fourth at $440. Rooty Hill was sixth at $450, Toongabbie seventh at $450 and Quakers Hill 12th at $475.
 
The quarterly RentRabbit.com.au Tenant Opportunity Report identifies the top 20 suburbs where tenants can find affordable rents in decent suburbs that are within commuting distance of the CBD.
 
To make sure suburbs are suitable for families, only house markets are considered – unit markets are excluded. To further ensure markets are tenant-friendly, suburbs are excluded if they are more than 100km from the CBD.
 
That leaves a small list of Sydney suburbs. To establish a top 20 ranking, these suburbs are then ranked based on weekly rental rates (from lowest to highest).
 
All the suburbs had a median weekly rent of $525 or below, while most were located within 35km of the CBD.
 
RentRabbit.com.au co-founder Ben Pretty said life was tough right now for tenants on average incomes.
 
"Vacancy rates are low in many parts of Sydney and landlords are responding by jacking up rental rates,” he said.
 
"I really feel for tenants who are being forced out of their homes and suburbs, especially when they have kids who are forced to change schools.
 
“The RentRabbit.com.au Tenant Opportunity Report aims to help everyday tenants identify rental markets that are affordable, while also being livable and commutable.
 
"That way, they can focus on raising their families and building their lives, without having to worry about whether they can afford to pay their bills.”


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Michael Walls
michael@accessnews.com.au
0407 783 413

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