Top 10 Cheapest Suburbs to Rent in Melbourne Canstar

Melbourne rental crisis Cheapest suburbs to rent a house or unit revealed PropTrack Herald Sun

3. Melton. This western suburb is a 45-minute drive to the CBD or an hour by train, but you'll be situated closer to fun townships like Daylesford, Ballarat and Kyneton compared to your city.

Melbourne real estate Cheapest rentals by suburb revealed List Geelong Advertiser

The market demand in Melbourne's suburbs significantly influences property prices and rental rates. Suburbs like Thomastown and Reservoir, with their improving infrastructure and community amenities, showcase how growing demand can signal potential for future value appreciation, providing a strategic buying opportunity for those prioritising.

Melbourne rental crisis Cheapest suburbs to rent a house or unit revealed PropTrack Herald Sun

Distance: 8.8km from the CBD. Rent average: $185/week private room. West is Best. West Footscray is a suburb with plenty going for it in the share house market. It's exceptionally well serviced for public transport, has major retail hubs on both sides, Victoria University is within walking distance and the CBD is only minutes away. In.

Melbourne’s most affordable suburbs revealed in new data

Top 5 cheapest suburbs in Melbourne. According to a new joint study released by Aussie Home Loans/CoreLogic - Australia's most affordable suburbs - the suburb of Melton is the cheapest suburb in Melbourne with a median house price of $389,190. This is the only Melbourne suburb where you can buy a detached house for under $400k.

A Row of Townhouses/Australian Homes in a Suburb. Melbourne, VIC Australia. Stock Photo Image

Melbourne's cheapest rentals markets are clustered in the outer west and southeast, with experts labelling affordability for the city's tenants "relatively healthy" overall.. Melbourne's most affordable suburbs within 10km of CBD. 26 Vista Drive, Melton is available for rent for $350 per week. Tenants can secure 3/10 Myrtle Grove.

Melbourne's Cheapest Suburbs To Rent In Real Estate News

302/318 Little Bourke Street, MELBOURNE VIC 3000. Domain has 790 Apartments for Rent in Melbourne, VIC, 3000 & surrounding suburbs. View our listings & use our detailed filters to find your.

Cheapest suburbs to buy and rent in Melbourne OpenAgent

Most Affordable, Livable Suburbs. Anyone looking for the cheapest suburbs to rent in Melbourne should consider Watsonia, Dandenong, or Frankston. The median rent in Watsonia is around $470 per week, and in Dandenong, it is approximately $370 per week for units. Frankston's rental prices have been observed at around $475 to $500 per week.

Best suburbs in Melbourne for families 2022 Doorsteps

For houses, the most expensive median rent is in Brighton, where it costs $1,294 a week. Meanwhile, in the city's cheapest suburb, Melton, it costs just $374 a week to rent a house. For units, the most expensive suburb is Beaumaris, at $733 a week, while the cheapest is Melton South, at just $374 a week to rent a unit.

Melbourne rental market the cheapest suburbs for tenants

Melton is one of the cheapest Melbourne suburbs to rent. It is 34 kilometres west of Melbourne's central business district. Currently, the suburb has a median house price of $500,000 and a median unit price of $375,000. There are several activities to do in Melton. These include various tennis clubs, golf courses, gyms, swimming pools, bowls.

Cheapest suburbs to buy and rent in Melbourne OpenAgent

1 bed. 1 bath. 0 spaces. 99. Walker's Paradise. Gas & electricity $100 offer. 1. 2. Find 37 Rental Properties under $300 in Melbourne, VIC 3000 on Rent.com.au. Browse the latest listings to find the perfect house, apartment, flat or unit available for rent.

Melbourne rental crisis Cheapest suburbs to rent a house or unit revealed PropTrack Herald Sun

The cheapest suburb to rent in Melbourne within 10km of the CBD is Gardenvale, where the median rental price is just $295 per week, followed by West Footscray with a median price of $320 per week, and Kingsville, where the median price is $330 per week. Rankings are based on at least 10 properties (houses and apartments) listed for rent in the.

The cheapest suburbs to rent a house within 15 kilometres of Melbourne’s CBD

With median house prices of $465,000 for houses and $372,000 for units, the suburb is one of the most wallet-friendly postcodes in metro Melbourne. This well-serviced suburb boasts its own railway station, and the 35 kilometres is a quick train trip to/from the CBD. convenient proximity to the airport, and a range of reputable schools.

Top 10 Cheapest Suburbs to Rent in Melbourne Canstar

Being the second most populous city in Australia, it would be fair to assume that rental prices in Melbourne would come at a premium. However,. In fact, the top 14 most affordable suburbs of Melbourne are all located to the west of the city, including Albion, Kurunjang, Hoppers Crossing, Werribee, Darley, Bacchus Marsh, Wyndham Vale, St.

Cheapest Melbourne Suburbs For Renters Within 10km of CBD

It's also Melbourne's cheapest suburb to rent a house, with recent CoreLogic data indicating median rent is $395, rising +9.7 per cent over the past year. Gross rental yield for houses is 4.34 percent and the vacancy rate is 0.9 per cent, slightly above Melbourne's vacancy rate of 0.8 per cent. 2. Melton South, 3338

Melbourne’s most affordable suburbs for houses within 10km, 20km, 20kmplus of the CBD

The top ten cheapest suburbs in Melbourne to rent a room by median weekly room price: Coburg North: $180. Ringwood East: $180. Blackburn North: $184. Kilsyth: $185.

Melbourne's top 10 most affordable suburbs REIV

1. Dandenong. Apartment for rent in Railway Parade, Dandenong, VIC. Median House Rent: $400 per week for a two-bedroom unit. Average Unit Rent: $380 per week for a two-bedroom unit. " Dandenong is 20.0% more affordable than the Melbourne average rent of $400. Dandenong is one of the cheapest Melbourne suburbs to rent.