The streets where renters most want to live
Among renters, location is everything. No matter the cost, there are some streets that just out-do others.
Realestate.com.au reveals the most popular streets across Australia for renters, with Turner Street in Blacktown, NSW the most in-demand nationally.
“People want to live in an area where they love and renting is the easiest way to do that, ” says Kul Singh, REA Group Executive Manager – Rent. “So it’s all about location, location, location.”
In fact, 52% of rental respondents in the recent Pedestrian TV and realestate.com.au survey think location is the most important consideration when choosing a rental. This is more important than the price they pay or the style of the place.
What are the most in-demand streets for renters in your area? Try our interactive to find out.
The interactive reveals the most in-demand streets for renters across Australia. The most in-demand streets are those with the the highest average views per listing, per day. To meet the data requirements, these streets needed to have at least five listings onsite over the three-year period.
The data looked at the most in-demand streets for renters in Australia on realestate.com.au for the three years up to 31 March 2019.
“Some of these streets have the obvious attributes renters look for – proximity to the city, public transport, parks, schools and universities. Other streets included are within the cool hipster suburbs that offer diverse shops and nightlife experiences,” Singh explains.
Given what these top streets offer, it’s unlikely they will lose popularity anytime soon.
“Renters are willing to pay more to live a lifestyle of choice and freedom, so unless we see significant increases in rental yield, some of these streets and suburbs will remain popular,” says Singh.
“However, with continual growth of international travellers to Australia, we will see new areas become popular that offer the quintessential Australian lifestyle – closer to beaches and outdoor activities. Investment in areas that offer diverse experiences, and shopping and dining options will always do well with renters too.”
Thadoona Street, Crace, ACT
In the ACT, Thadoona Street in Crace is where renters want to live and the area has a median rental price of $673 per week.
Crace is a new town 12km from Canberra’s CBD, and the properties on this street are mainly one or two bedroom apartments.
Turner Street, Blacktown, NSW
In New South Wales, renters are flocking to Turner Street in Blacktown where the median rent is $415 per week.
This street has a mixture of house types, from smaller two-bedroom bungalows to luxury homes with enough land for a pool.
Living on Turner Street means tenants are close to a large reserve, good schools and the Blacktown train station.
Buckingham Street, Gunn, NT
In the Northern Territory, Buckingham Street was the most in-demand among renters.
This is a leafy street close to public transport, a short walk to Sanctuary Lakes Park and 23km from Darwin’s CBD.
You’ll be looking at a median rent of $450 a week in Gunn for a house.
Allington Court, Maudsland, QLD
Allington Court is the most popular rental street in Queensland and is set in Maudsland, which has a weekly median rent of $540 per week.
It’s a new street consisting of two to four bedroom homes. It’s just a short drive to the Gold Coast, Surfer’s Paradise and other great beaches, which make this a haven for tenants who love the water.
It’s also a good street for families with kids as it’s in a quieter part of the area.
Amaretti Way, Munno Para West, SA
Amaretti Way is a 45-minute drive to the north of Adelaide and sits within a subdivision of new homes. The median rental price in Munno Para West is $310 per week, which is the cheapest weekly rent of all the suburbs the most in-demand streets appear within.
The street is also easily accessible via the Max Fatchen Expressway, which makes it well connected to the city.
Lissadell Court, New Town, TAS
Lissadell Court is where Tassie renters really want to live. It’s a quiet side street with a no-through road. It’s near good schools and New Town’s shopping strip.
It’s also just a 10 minute drive to the city and the weekly median rent at New Town is $495.
Koormiel Lane, Fitzroy North, VIC
It’s no surprise renters love Fitzroy North – it’s just a hop, skip and a jump away from all the fun of Brunswick Street, where nightlife and cafes are in plentiful supply.
Koormiel Lane is between Edinburgh gardens and Darling Gardens and boasts town houses and terrace homes. Rent doesn’t come cheap in Fitzroy North, but many renters think it’s worth it, at $660 per week.
Altus Way, Ashby, WA
In Western Australia, Altus Way is the street renters are wanting to call home.
It’s about 26km from Perth and features a number of new properties.
Altus Way in Ashby perfectly suits the tenant who loves nature as it’s close to several nature reserves including Lake Joondalup and will cost approximately $460 per week to live in.
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