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Top 20 suburbs where rents AREN’T rising

A for lease sign out the front of an apartment complex to indicate the home is available for rent.
Those looking for a home to rent has become increasingly competitive around the country. (Source: Getty)

Australia’s rental market is getting tighter with a lack of available properties and, in some cases, hundreds of people turning up for a single viewing.

But it’s not all bad news. New research commissioned by RentRabbit.com.au found there were still some suburbs where renters ruled the market.

To make the list, suburbs needed to have seen vacancy rates increase by at least 1 per cent in the past year and for the average weekly rent to have either fallen or stayed the same, among other things.

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The result was a small list of Australian suburbs. Notably, the only suburbs that met all the criteria were located in Victoria, New South Wales and the ACT.

There were literally no suburbs in the other states and territories that met the criteria of rents not increasing over the past 12 months.

RentRabbit.com.au co-founder Ben Pretty said the research showed the two-tier nature of Australia’s rental market.

"The [report] highlights that renters are able to find tenant-friendly suburbs in Melbourne, Sydney and Canberra, but are really struggling to find suitable locations in Brisbane, Perth, Adelaide, Hobart and Darwin,” he said.

“This is all about supply and demand. Where supply is relatively low and demand relatively high, it’s hard for tenants to find accommodation, which leads to falling vacancy rates and rising rents.

Pretty said it would be nice to see a more balanced rental market, especially for families on average incomes.

“For that to happen, supply needs to increase, which means we need more investors to enter the market and more new builds to come online,” he said.

Top 20 suburbs for renters

  1. Derrimut, VIC

  2. Mount Duneed, VIC

  3. West Pymble, NSW

  4. Campbell, ACT

  5. Hughes, ACT

  6. Girraween, NSW

  7. Heckenberg, NSW

  8. Coolaroo, VIC

  9. Pendle Hill, NSW

  10. Cabramatta West, NSW

  11. Dingley Village, VIC

  12. Berala, NSW

  13. McKellar, ACT

  14. Emu Plains, NSW

  15. Bannockburn, VIC

  16. Notting Hill, VIC

  17. Campbellfield, VIC

  18. Kingsville, VIC

  19. Oak Park, VIC

  20. Ivanhoe East, VIC

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