South Gladstone ranks as cheapest rental in Australia: Investar

South Gladstone ranks as cheapest rental in Australia: Investar
South Gladstone ranks as cheapest rental in Australia: Investar

South Gladstone in Queensland has the cheapest rentals in Australia, according to the latest Investar suburb performance report.

The report suggests its median unit rent sits at $110 per week, with 7.2% yield.

There has been no rental growth over the past year.

It is followed by Andamooka and Queenstown. 

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South Gladstone ranks as cheapest rental in Australia: Investar

A South Gladstone two bedroom unit currently on the market is priced at $100 per week (pictured below).

The unit at 2/131 Toolooa Street features two bedrooms, open plan living/dining, separate toilet and laundry downstairs, and single carport.

It is within walking distance to schools and shops. 

South Gladstone ranks as cheapest rental in Australia: Investar

Another offering is a Tooloosa Street two bedroom unit priced at $100 per week (pictured below).

Situated 1-2/167 Tooloosa Street, the unit comes with two spacious bedrooms, air-conditioned open lounge and dining room, single undercover carport and own lockable laundry.

The cat-friendly unit is only a short walk to shops and schools. 

South Gladstone ranks as cheapest rental in Australia: Investar

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Investar South Gladstone

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