Median House or Apartment Rent in Brisbane

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Brisbane offers various houses and apartments for rent across the central business district and its suburbs. Let's look at the median rent prices provided by real estate specialists to help you understand the rental market better:

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Brisbane's median weekly rent for a house is roughly $400, while it is about $380 for a unit. 

Compared to Sydney and Melbourne, Brisbane boasts more affordable median rents, making it an attractive choice for domestic residents and foreigners.

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House rentals Brisbane City can be pricier due to its proximity to the central business district. A two-bedroom unit's median rent for the April to June 2020 quarter is roughly $500 per week, while homes typically cost $450 per week, according to data from the Residential Tenancy Authority. Naturally, rents increase with larger spaces and additional rooms.

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Interestingly, the median rents for properties in Brisbane have remained relatively stable since 2013. This stability provides you with the advantage of accurately budgeting your move.

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Best Suburbs in Brisbane to Live

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While Brisbane City remains famous, more and more people, including residents and migrants, are discovering the benefits of settling in the suburbs. These areas offer reputable schools, low crime rates, a strong sense of community, and affordable housing options. Here are some suburbs worth considering for renting a house or apartment:

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East Brisbane

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Renowned for its excellent schools and efficient public transport system, East Brisbane is a favorite among professionals, families, couples, and singles. Its proximity to the Brisbane Central Business District and convenient access to shopping centers and healthcare facilities make it a wise choice for renting a house or property. The median rent for a house in East Brisbane is around $565 per week, while apartments average $365 per week. One-bedroom flats can be rented for a weekly average price of $320 for those looking for more affordable options.

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Rochedale South

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Ranked among Brisbane's top suburbs, Rochedale South is conveniently connected to the city via the Pacific (M1) Motorway. It boasts excellent schools, shopping centers, entertainment venues, and a thriving cafe and restaurant scene. Due to the high demand for cheap rentals Brisbane properties, Rochedale South's median rent for a house is approximately $435 per week, while that for a unit is roughly $330. Families can find a comfortable 3-bedroom house at a median rent of $405 per week.

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Taringa

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Centrally located, Taringa is a bustling suburb that appeals to working professionals, students, and young adults seeking convenient living opportunities. While it may be slightly pricier, Taringa offers a modern lifestyle and excellent connectivity. In Taringa, the median rent for a three-bedroom house is $533, while the normal weekly cost is roughly $500. For those looking for rooms for rent Brisbane, one-bedroom apartments typically cost $310 per week.

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Russell Island

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If affordability is a priority, consider Russell Island, a hidden gem that offers budget-friendly accommodation Brisbane. Although a bit further from the city, this suburb entices people with its peaceful environment, green spaces, and low crime rates. The median rent for a three-bedroom house on Russell Island is approximately $260 weekly. With ongoing infrastructure development projects, Russell Island is rapidly growing, making it an appealing choice for renters.

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Finding the Most Suitable Housing Options

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When starting your rental journey, assessing your requirements, income, and savings is essential. By answering the following questions, you can make a more informed decision:

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• What is your comfortable rental budget?
• Are you moving alone, with a partner, or with your family?
• Are you seeking a house or a unit?
• Are you open to sharing accommodation with housemates or prefer an independent residency?
• What amenities do you prioritise in your desired area, such as schools, public transportation, healthcare facilities, and shopping centers?
• Is proximity to work, family, and friends a priority?

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Asking yourself these questions will help guide your search and ensure you find the most suitable housing option. Don't hesitate to seek assistance from real estate agents or counselors who can provide valuable insights and advice from friends and family.

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In addition to personal connections, leverage online resources such as reputable residential property portals to explore viable options within your budget. Browsing through these portals will give you a better understanding of the available properties on the market.

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Planning Your Move

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Once you've completed the necessary property renting steps, such as depositing the security amount and paying the initial rent, planning your move is the next step. To make the process as smooth as possible, consider the following tips from professional removalists in Brisbane:

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• Review your current lease contract and notify your landlord of your intention to move.
• Create a checklist of moving-related tasks and assign them to family members and friends. Establish deadlines to ensure everything is completed on time.
• Book reputable movers in Brisbane at least a month before your moving date to secure the best prices and enjoy a stress-free experience while you focus on other moving-related tasks.
• If you are a tenant, consider booking professional end-of-lease cleaners to expedite moving.
• Enlist the help of family members and friends to assist with decluttering, packing, setting up utilities, and other moving-related responsibilities.

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Curious to see how much you could earn on Airbnb? Schedule a free, no-strings-attached consultation with our Airbnb Management Brisbane team to uncover your property’s revenue potential.

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Conclusion 

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If you're planning a move to or within Brisbane, this guide will help clear any confusion about renting a house or apartment. Armed with knowledge about median rents, finding suitable properties, and essential insights, you'll be well-equipped to make informed decisions. Remember, renting a good house or unit is just the first step.

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Proper planning, including booking professional removalists in Brisbane, acquiring packing supplies, and arranging end-of-lease cleaning services, is crucial to ensuring a safe and smooth move. Use the information here or check Houst to empower yourself and make your rentals Brisbane experience successful!

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