Tuesday, 26 May, 2020

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10 cool inner-city rentals listed under the median price

Welcome back to Property Buzz, our new segment presented by McCafe. This week Michael ‘Wippa’ Wipfli meets Stephanie Davies, who’s scouting Sydney’s inner west on the hunt for her dream rental.

Finding the right property to rent isn’t easy. You’ve often got to wade through a sea of sevens before you find the perfect 10. Then once you do find it, there’s the competition involved in securing it.

Aside from tardiness, presenting well and staying hydrated, Stephanie says it’s important to do your research in order to stand out at a rental inspection.

Staying caffeinated at a rental inspection is a must. Picture: Al Richardson

“Talking to real estate agents can also help you get a leg up in the property market,” Stephanie says.

“They might be able to share with you off-market listings so you can be first to the punch – and they might be able to offer you a better price!”

Finding the right home to rent is no walk in the park. Picture: Al Richardson

Chummy with agents or not, there’s still a bargain or two to be found – if you know where to look.

We’ve done some of the hard work for you: Here are 10 dream pads listed for less than the median rental price in their suburb. You’re welcome.


The rental market is fierce in Melbourne’s trendy inner north, so when you see a bargain, you jump.

We couldn’t go past this quaint corner cottage (less neighbours, tick) in Brunswick for $525PW. It’s only shaving $25PW off the suburb’s median house price, but hey every cent counts.

39 Wilkinson Street Brunswick Vic 3056

Inner-city life with a touch of period charm. Picture: realestate.com.au/buy

Want to be even closer to cool restaurants such as Supernormal and Chin Chin? Look no further than this edgy two-bedder in the heart of it all.

104/238 Flinders Lane. Melbourne Vic 3000

Saving on rent, you might actually be able to afford the fine dining at your doorstep. Picture: realestate.com.au/buy

It’s $500PW, which is $110 cheaper than the median rental price in Melbourne.


Does $500 per week sound a bit tight for a two-bedroom place in Brisbane? Well that’s the median price in popular inner-city spot, Woolloongabba. 

Hold the phone, because we’ve spotted this delightful two-bedder in the Gabba for just $360PW.

8/12 Carl Street Woolloongabba Qld 4102

Kicking goals: This home is a stone’s throw from the Brisbane Lions AFL home ground. Picture: realestate.com.au/buy

Got more cash? This Bowen Hills apartment is $420PW, still $30PW cheaper than the suburb median.

TB306/16 Brewers Street Bowen Hills Qld 4006

Lush landscaped gardens and pristine interiors, this one is a winner. Picture: realestate.com.au/buy


Known for its quaint convict’s homes, Hobart’s rental market is less high-rise apartments and more century-old houses, with solid, spacious interiors.

But are they affordable for renters? This cute-as-a-button two-bed cottage is listed for $80PW less than the median rental price in sought-after suburb Battery Point. You’d be forgiven for thinking the Enchanted Wood is around the corner, but it’s just a two minute walk from the heart of Hobart CBD.

40 Runnymede Street Battery Point Tas 7004

A storybook cottage for a steal. Picture: realestate.com.au/buy


Adelaide’s inner city holds plenty of gems, but most skyrocket above the CBD’s median rental price.

The exception is this charming bluestone maisonette for $310PW – more than $100PW less than the suburb’s median rental price.

16 Blackburn Street Adelaide SA 5000

This two-bed character house is more than $100 a week less than the median rental price. Picture: realestate.com.au/buy

After something a bit more posh? We can’t guarantee this Hyde Park abode comes with the bottle of Chardonnay pictured, but it’s roughly $150PW cheaper than the median price… so who cares?

2/73 Park Street Hyde Park SA 5061

Champagne all round. Picture: realestate.com.au/buy


Career-driven and want to be in the centre of it all? The median price for a two-bedroom unit in Sydney’s CBD is a lazy $930PW; $465PW if you can split costs.

There’s no denying the fact that rental price savings are hard to find in Australia’s most populous city.

However, you can nab this stylishly sophisticated city pad with skyscraper views on York St for a token $30 discount off the median… provided you win over the agent!

1507/38 York Street Sydney NSW 2000

This city apartment is cheaper than the rest, but not by much. Picture: realestate.com.au/buy

Not into it? If you’re renting in Sydney and love the great outdoors, you may as well be near the beach, the city sure has enough of them.

We found this coastal charmer in Coogee for $570PW, a good $110PW less than the suburb’s median.

8/119 Carrington Road Coogee NSW 2034

Talk about a bargain. Picture: realestate.com.au/buy


There are plenty of good rental deals in Perth, but how many of them are fighting fit? At $90PW cheaper than the median rental price in Subiaco, this spacious apartment on a leafy street has our attention.

7/27 Barker Road Subiaco WA 6008

Subiaco or the Greek Islands? With bougainvillea growing through the window, we’re not sure! Picture:realestate.com.au/buy