News

Check out market updates

Melbourne’s cheapest suburbs to rent within 10km of CBD

Melbourne’s cheapest suburbs to rent within 10km of CBD

The median rent price in Melbourne is currently $458 a week, according to new figures, but is it possible to get a better deal without sacrificing on location?

Rental prices do vary and moving just a few kilometres away can mean spending a lot less on rent.

But renters often need to be close to town for things like work, so where are the cheapest suburbs for renters within 10km of Melbourne’s CBD?

Melbourne’s cheapest rent suburbs within 10km of the CBD

The cheapest suburb to rent in Melbourne within 10km of the CBD is Gardenvale, where the median rental price is just $295 per week, followed by West Footscray with a median price of $320 per week, and Kingsville, where the median price is $330 per week.

Rankings are based on at least 10 properties (houses and apartments) listed for rent in the 12 months to the end of September 2016.  Properties listed for $100 or less were excluded.

So aside from affordable prices, what amenities and features do these areas offer renters?

  1. Gardenvale – $295 p/wk

Located within the City of Glen Eira, Gardenvale is largely populated by young professionals and couples and is not far from the beach. The median rental price is $295 a week.

Nestled between North Brighton and Elsternwick, it takes just over half an hour on the train to reach the CBD via the Sandringham line, and there are some great local cafes near the station.

Melbourne’s cheapest suburbs to rent within 10km of CBD

  1. West Footscray – $320 p/wk

West Footscray is home to couples, singles and working professionals as well as families. Rents around here have a median price of $320 a week.

A trip to the city on the Tottenham train line takes between 25-40 minutes.

Home to the Whitten Oval (and the 2016 Grand Final Cup), this area is known for its multicultural restaurants, hipster cafes and pubs.

Melbourne’s cheapest suburbs to rent within 10km of CBD

  1. Kingsville – $330 p/wk

Located 9km west of the CBD, Kingsville sits between West Footscray and Yarraville and the median rent is $330 a week.

The family-friendly suburb is popular with couples and young families as well as older residents.

A trip into town on the train via the Sunbury lines takes around 35 minutes from nearby West Footscray station.

Like its neighbour, this vibrant area is becoming increasingly gentrified which has resulted in more cafes and food stores opening in the area.

Melbourne’s cheapest suburbs to rent within 10km of CBD

Like West Footscray, Kingsville has seen the development of new homes and townhouses which are often rented out.

  1. Bellfield – $350 p/wk

Located 9km from the CBD, Bellfield is close to Latrobe University and the Austin Hospital and has a median weekly rent of $350.

While a train ride to the city will take just over 45 minutes on the Hurstbridge line, many locals love the area’s tree-lined streets and parks.

The population is a mix of young professionals, couples, families and older residents.

Melbourne’s cheapest suburbs to rent within 10km of CBD

Bellfield locals love the parks and tree-lined streets in the area.

  1. Brunswick West – $350 p/wk

Located 6km to the north of the CBD, Brunswick West is another area that was somewhat uncool years ago, and is now made up of hip cafes serving single-origin coffee, local parks, pop-up stores and cool shops.

The median rent price in this area is $350 a week.

Melbourne’s cheapest suburbs to rent within 10km of CBD

Brunswick West has a mix of old and new homes for sale or rent.

The trip into town on public transport takes between 40-50 minutes by tram or train.

This once working-class neighbourhood is now home to young working professionals who also appreciate the local bars and pubs as well as young families and couples.

  1. Fairfield – $350 p/wk

Melbourne’s cheapest suburbs to rent within 10km of CBD

Fairfield locals love being so close to the banks of the Yarra River.

Fairfield is just 6km from the CBD and with its tree-lined streets and the parkland surrounding the Fairfield Boathouse, is popular with families and older residents who enjoy the lifestyle it offers.

Those looking for a rental in the suburb with pay a median price of $350 a week.

The trip into town on the train via the Hurstbridge line takes about 25-30 minutes.

  1. Footscray – $350 p/wk

Once a working-class suburb, multicultural Footscray is now home to a range of great cafes, restaurants and shops.

The median rent price is $350 a week and a trip into town on public transport takes around 20-25 minutes on the Sunbury line train.

Victoria University is in Footscray and the area’s housing is a mix of new townhouses and apartment blocks, plus older heritage homes.

  1. South Kingsville – $350 p/wk

South Kingsville, like its neighbour, was once part of Footscray and is just 8km from the CBD and a has  median rent of $350 a week.

A trip into town on the bus or the train will take between 45-55 minutes, though partial express services during the morning and afternoon peak times cuts down the journey time.

Vernon St is where locals head to for a coffee or great food and there are several great parks in the area.

  1. Essendon – $360 p/wk

Essendon has long been popular with families and older residents due to the many schools, parks, cafes and lifestyle amenities on offer.

A trip to the CBD takes 25-45 minutes, depending on if you catch a train or tram.

The median rent is $360 a week and the housing in the area is a mix of older apartments and heritage houses as well as new townhouses and units.

Melbourne’s cheapest suburbs to rent within 10km of CBD

  1. Ripponlea – $375 p/wk

Better known for the large estate it is named after, Ripponlea is a little further inland from the beach suburbs of Elwood and St Kilda and it is just 7km from the CBD.

Melbourne’s cheapest suburbs to rent within 10km of CBD

Property in Ripponlea is a mix of older more established homes as well as new dwellings.

The area’s many boutique shops and cafes are popular with locals.

It takes just under 30 minutes to get to town on the Sandringham train line.

With a median rent of $375 per week, the area is popular with both young professionals and families.

(Source: realestate.com.au)