Perth's most affordable rental suburbs: REIWA

Perth's most affordable rental suburbs: REIWA
Perth's most affordable rental suburbs: REIWA

Perth tenants looking for affordable rentals should look to suburbs like Wembley, Armadale and Kelmscott which topped reiwa.com’s list of the most affordable suburbs to rent in for the three months to February 2016. 

REIWA President Hayden Groves said the latest reiwa.com data showed that there were numerous suburbs within the metropolitan area where Perth tenants could rent a house or unit for less than the city’s overall median price of $400 per week. 

“Unlike the eastern states where rental affordability remains an issue, housing affordability in Perth’s rental market has improved considerably over the last 18 months,” Mr Groves said. 

Of the six suburbs that made reiwa.com’s list of most affordable rental suburbs, Wembley was the only suburb with an upper quartile rent price that exceeded Perth’s overall median. 

“This tells us that improved affordability in Perth’s rental market has occurred across all price ranges and that tenants have a good opportunity to upgrade.  

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Perth's most affordable rental suburbs: REIWA

 

Tags: 
Rental market

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