Canberra has maintained its title as the most expensive capital city in the country to rent, according to CoreLogic’s latest Rental Review for the June quarter.
A typical house now costs a renter a median of $759 per week, while a typical unit costs a median of $573 per week.
Rental values rose by 2.2 per cent over the quarter, with the median rent for both houses and units hitting $690 per week – a rise of 9.3 per cent in just 12 months.
If you’re looking for a rental property in Canberra, here’s an up-to-date list of the five most affordable and most expensive suburbs to rent a home in Canberra.
5 most affordable Canberra suburbs to rent (houses and units)
Hawker
Median value | Median rent | Monthly change | Annual change |
$469,027 | $504 | 0.2% | 9.7% |
Gungahlin
Median value | Median rent | Monthly change | Annual change |
$488,717 | $528 | -0.2% | 8.4% |
Greenway
Median value | Median rent | Monthly change | Annual change |
$570,481 | $528 | 0.8% | 5.7% |
Phillip
Median value | Median rent | Monthly change | Annual change |
$515,961 | $532 | 0.1% | 7.9% |
Watson
Median value | Median rent | Monthly change | Annual change |
$591,938 | $534 | 0.9% | 9.2% |
5 most expensive Canberra suburbs to rent (houses and units)
Denman Prospect
Median value | Median rent | Monthly change | Annual change |
$1,426,943 | $1,075 | 1.7% | 18.3% |
Campbell
Median value | Median rent | Monthly change | Annual change |
$2,032,707 | $986 | -0.2% | 8.7% |
Wright
Median value | Median rent | Monthly change | Annual change |
$1,200,612 | $968 | 0.7% | 14.1% |
Coombs
Median value | Median rent | Monthly change | Annual change |
$1,186,173 | $954 | 0.7% | 13.7% |
Throsby
Median value | Median rent | Monthly change | Annual change |
$1,235,391 | $923 | 0.4% | 9.5% |
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