They’re the inner city Sydney suburbs where you can score a rental under $500 a week.
New PropTrack figures have revealed that one quarter of Sydney’s suburbs recorded a drop in price for rental houses, while another quarter experienced a rent freeze.
A typical Sydney rental now costs about $803 per week.
This coincided with an increase in available rental housing, with Sydney’s inner city and eastern suburbs seeing particularly large jumps in rental listings.
Although the rental crisis is stil on going, renters can snap up a pad within 20kms of the CBD for $500 or less.
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In Sydney’s inner south, prices for units in both Wiley Park and Lakemba had stayed stagnant, at $480 weekly median rental price.
Lakemba is located 12 km south west of Sydney’s CBD and Wiley Park is 17km southwest, both suburbs in the Canterbury-Bankstown region.
For $500 a week, renters could find units in Narwee, Roselands, Punchbowl and Belmore also in Sydney’s south west for a $500 a week.
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For even cheaper Sydney rentals, tenants would want to look at units further west, where prices could be found under $400 a week.
In Carramar, the median rental price was $365, with Cabramatta units at $380 and both Katoomba and Canleyvale priced at $390.
For the beach lifestyle on The Central Coast, the cheapest units could be found in Toukley for a median of $400, or for $460 in either The Entrance and Wyong.
Those looking to be closer to the city, in the inner west only 10 km from the CBD, rental prices for units in Croydon Park were being advertised at a median of $525 per week.
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