THE cost of keeping a roof over a tenant’s head in Queensland has surged by 10 per cent or more in 47 suburbs in just the past three months.
Exclusive new figures from PropTrack reveal the pain is real for tenants, with weekly rents surging by up to 26 per cent in 881 suburbs in the September quarter.
From the beach to the bush, no coastal enclave, city suburb or outback town has been immune to the rental crisis.
Here are the 15 suburbs where the median weekly rent rose the most in three months.
1. SURFERS PARADISE
The Gold Coast glitter strip suburb of Surfers Paradise recorded the biggest rise in median rent in the September quarter.
The median house rent climbed by a whopping 26.1 per cent to $1325, which is up from $1050 in June.
Of the eight houses currently advertised for lease on realestate.com.au in the suburb, most are asking for over $1300 a week, including a three-bedroom house with a pool at 20 Norseman Court, which is advertised for $2700 a week.
2. JACOBS WELL
Another Gold Coast suburb has seen the second biggest hike in median rents in the September quarter.
Leasing a house in the lesser known suburb of Jacobs Well is now 25 per cent more expensive on average, at $750 a week.
3. THE GAP
Perhaps surprisingly, The Gap in the mining town of Mount Isa — not to be confused with the leafy Brisbane suburb of the same name — saw the third biggest jump in rents during the quarter.
The median house rent in the 4825 postcode rose 23.1 per cent to $480.
4. CHAMBERS FLAT
Tenants in this suburb in the Logan region may be shocked to find out the median house rent has risen 21.4 per cent.
The average weekly house rent is now $880.
Banyo in Brisbane’s north recorded the largest quarterly rise in the cost of leasing a unit, with the median unit rent surging 21.4 per cent to $440 a week.
The Moreton Bay suburb of Toorbul usually flies under the radar, but its waterside location has resulted in a hike of 20 per cent in the median house rent in three months.
Tenants looking to lease a house there would need to fork out $420 a week on average.
7. PEREGIAN BEACH
Perhaps not surprisingly, the popular suburb of Peregian Beach on the Sunshine Coast has seen a jump in the median unit rent of 18.2 per cent to $650 a week in just three months.
8. ALEXANDRA HEADLAND
The beachside suburb of Alex Heads on the Sunshine Coast has made the list for one of the biggest jumps in house rents in the September quarter.
The median house rent is now 17.7 per cent more expensive at $883 a week.
It clearly pays to live by the water.
The suburb with the closest surf beach north of Brisbane saw unit rents rise 17.5 per cent in the September quarter.
The median unit rent in Woorim is now $470 a week.
10. SADLIERS CROSSING
The Ipswich suburb of Sadliers Crossing is usually known for its housing affordability, but rents are on the rise.
In the past three months, the median weekly house rent has climbed 17.5 per cent to $470.
Tenants in the rural locality of Monkland in the Gympie region are also under pressure from rising rents, with a 17.4 per cent jump in the median house rent in the September quarter to $423 a week.
In Brisbane, tenants are forking out 17.2 per cent more a week to lease a house in the leafy western suburb of Graceville than they were three months ago, with the median house rent now $750.
13. CLEAR ISLAND WATERS
The median house rent in Clear Island Waters has risen 16.7 per cent to a jawdropping $1400 a week — a $400 a week rise in just three months, making it the most expensive suburb to rent a home in the state.
The large, tree-lined suburb of Newtown in Toowoomba is feeling the pinch when it comes to the cost of leasing a house.
In the past three months, the median house rent has risen 16.7 per cent to $438 a week.
Durack in Ipswich is also not immune to the rental crisis, with units there becoming on average 15.4 per cent more expensive than they were in June.
The median unit rent is now $450 a week.
Source by www.realestate.com.au