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  1. 9News
  2. National

Revealed: Most expensive Aussie cities for renters

1 of 9Attribution: Supplied
Author Thumbnail
By 9News StaffJuly 05, 2023 - 6:23AM

Australia is one of the most sought-after places in the world to live in.

We've got it all here: the beaches, nightlight, wide open spaces and a coffee scene that's the envy of even the most cultured European countries.

Unfortunately though, living in one of our capital cities comes at a price - and it's not cheap.

According to real estate experts PropTrack, the median price of rentals rose nationally by 2 per cent in the June quarter to $520 per week.

That has brought rents up by 11.8 per cent compared to the June quarter of 2022.

If you're feeling the pinch, you might just be living in one of the more expensive cities in the country.

Click through to see where rents are cheapest, and most pricey, across the nation.

Topics:

  • PROPERTY
  • National
  • Rent
  • Home
  • Money
  • Finance
  • Sydney
  • Brisbane
  • Melbourne
  • Darwin
  • Hobart
  • Adelaide
  • Canberra
8. Adelaide
2 of 9Attribution: Getty

8. Adelaide

Landing in eighth spot is the South Australian capital Adelaide.

About 1.3 million people call the city home, which is nestled on the Adelaide Plains, north of the Fleurieu Peninsula.

The median price of to rent a dwelling here is $480 per week, according to PropTrack.

7. Melbourne
3 of 9Attribution: adobe-stock.com

7. Melbourne

A placing that may surprise some, Melbourne has landed at seventh place.

It officially overtook Sydney as the nation's most populous city earlier this year and people who live there will jump at the chance to tell you why.

The average renter pays $480 to live in Melbourne, which is also about what it costs to rent in Adelaide. 

6. Perth
4 of 9Attribution: Getty Images/iStockphoto

6. Perth

A five-hour flight from the east coast, people in Perth are actually closer to Indonesia's Denpasar than they are Sydney.

To rent here - a city home to almost two million people - it'll cost you on average $520 per week. 

5. Hobart
5 of 9Attribution: Getty Images/iStockphoto

5. Hobart

Just over 200,000 people call Hobart home, which is located in Australia's southernmost state Tasmania.

Though it's not as populated as some of the other major cities across the country, it'll still cost you a pretty penny to rent here.

The average price to rent a home per week is $530. 

4. Brisbane
6 of 9Attribution: Getty Images/iStockphoto

4. Brisbane

The most populous and capital city of Queensland, Brisbane has landed in fourth position on this list.

There are roughly 2.2 million people who call the city home and they pay on average $540 per week on rent. 

3. Darwin
7 of 9Attribution: Getty Images/iStockphoto

3. Darwin

The capital of the Northern Territory, Darwin's home to a population of just 130,000.

Known for its steamy climate and abundance of wildlife, people who rent in Darwin pay on average $570 per week. 

2. Canberra
8 of 9Attribution: Heather/Adobe Stock

2. Canberra

The ACT is ahead of the rest of the country in many ways and though it's known for its frosty climate and design that encourages work, it's still very sought-after.

If you can handle the cold in the winter months, you're looking at paying about $620 per week on average in a rental.

1. Sydney
9 of 9Attribution: Getty Images/iStockphoto

1. Sydney

In a crowning that will shock nobody, Sydney has landed in the top spot on this list.

Though it may have been surpassed by Melbourne in terms of population, a whopping 5.3 million people call the city home - that's more than Paris and Rome combined.

Unsurprisingly, living in such a densely populated city comes at a price: $620 per week on average.

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