Cheapest Capital City Suburbs To Rent Today
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Cheapest Capital City Suburbs To Rent Today

Australia is in the midst of a rental crisis, with weekly rents rising 30% over 38 consecutive months

By Bronwyn Allen
Thu, Nov 2, 2023 11:23amGrey Clock 3 min

It costs a median $616 per week to rent a property across Australia’s combined capital cities, with rents rising 10% over the past 12 months alone, according to new CoreLogic data. The cost is lower across the combined regions a median of $507 per week, up 4.1% over the past year.

Rents across Australia have risen by 30% over 38 consecutive months, adding $137 per week to the median cost of renting. The number of properties being advertised for rent fell to its lowest level in more than 10 years during the September quarter. A rental vacancy rate of 3% is considered a balanced market but rates are now at record lows of 1% in the capitals and 1.2% in the regions.

CoreLogic Economist Kaytlin Ezzy said record high net overseas migration and an estimated shortfall of 47,500 rental homes were pushing rental values higher. However, she noted that the pace of rental growth is starting to slow, with national rents rising 1.6% in the September quarter compared to 2.2% in the June quarter, as renters hit an affordability ceiling.

Ms Ezzy said more renters were banding together to form larger households to share the burdensome cost – a trend that is creating stronger demand for rental houses, in particular. “There is already some evidence that a structural change in household formation, coupled with worsening affordability in the unit sector, has shifted some rental demand back in favour of the low-density sector,” Ms Ezzy said. “National house rents are now rising faster than unit rents … reversing the trend seen through much of 2022 and the first half of 2023.”

CoreLogic has published a report revealing the cheapest suburbs to rent in within a 20km radius of capital city CBDs. The list below shows the current median weekly rent in each suburb.

Cheapest rents within 20km of CBDs

Sydney houses

Auburn $648 pw

South Granville $657 pw

Granville $673 pw

Regents Park $675 pw

Sefton $676 pw

 

Sydney apartments

Berala $486 pw

Wiley Park $491 pw

Punchbowl $498 pw

Lakemba $501 pw

Regents Park $509 pw

 

Melbourne houses

Albanvale $441 pw

Laverton $441 pw

Broadmeadows $441 pw

Kings Park $442 pw

Ardeer $443 pw

 

Melbourne apartments

Albion $366 pw

St Albans $398 pw

Deer Park $406 pw

Kingsville $411 pw

Thomastown $420 pw

 

Brisbane houses

Woodridge $501 pw

Inala $503 pw

Ellen Grove $523 pw

Darra $526 pw

Rocklea $544 pw

 

Brisbane apartments  

Woodridge $352 pw

Rochedale South $436 pw

Strathpine $446 pw

Brendale $459 pw

Alexandra Hills $468 pw

 

Adelaide houses

Salisbury $473 pw

Braham Lodge $475 pw

Salisbury Downs $478 pw

Paralowie $498 pw

Taperoo $502 pw

 

Adelaide apartments

Salisbury East $361 pw

Salisbury $378 pw

Kilburn $397 pw

Klemzig $402 pw

St Marys $403 pw

 

Perth houses

Girrawheen $491 pw

Gosnells $501 pw

Midland $503 pw

Middle Swan $518 pw

Koondoola $519 pw

 

Perth apartments 

Midland $433 pw

Gosnells $441 pw

Noranda $445 pw

Hamilton Hill $457 pw

Coolbellup $462 pw

 

Hobart houses

Bridgewater $485 pw

Midway Point $501 pw

Chigwell $501 pw

Claremont $509 pw

Berridale $516 pw

 

Hobart apartments

Claremont $411 pw

West Moonah $422 pw

Glenorchy $431 pw

Lindisfarne $456 pw

New Town $463 pw

 

Canberra houses

Higgins $597 pw

Scullin $598 pw

Page $599 pw

Charnwood $599 pw

Holt $599 pw

 

Canberra apartments

Lyons $468 pw

Chifley $494 pw

Hawker $501 pw

Mawson $528 pw

Gungahlin $529 pw

 

Darwin houses

Moulden $539 pw

Gray $549 pw

Driver $564 pw

Woodroffe $587 pw

Bakewell $591 pw

 

Darwin apartments 

Bakewell $457 pw

Leanyer $468 pw

Coconut Grove $475 pw

Millner $478 pw

Rapid Creek $494 pw

 



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Inside Jack Freeman’s world of quiet, collected luxury

Jack Freeman believes the most compelling interiors are not decorated, but collected. The FREEMAN & CO founder creates layered, personal spaces shaped by art, travel and craftsmanship.

By Partner Post
Mon, Sep 7, 2026 4 min

For Jack Freeman, a compelling interior should not look as though it was completed in a single shopping trip.

The founder and designer behind FREEMAN & CO prefers rooms that develop through art, travel, commissioned furniture and objects collected over time. It is an approach that treats the home less as a decorative project and more as an evolving portrait of its owner.

“I am a true believer in collecting versus decorating,” Freeman says.

That distinction underpins the international practice he has built across private residences, hotels, property developments, yachts and private aviation. Its projects stretch from Point Piper, Vaucluse, Circular Quay and Toorak to Mayfair, Bel Air and the Caribbean.

Although the locations and architecture vary considerably, the work is connected by a restrained design language. Natural stone, warm timbers and sculptural furniture establish the foundation, while art, bespoke lighting and individual objects give each interior its identity.

The objective is not to overwhelm a room with obvious symbols of expense. It is to create an environment that feels calm, layered and particular to the people living within it.

“The greatest luxury isn’t about excess,” Freeman says. “It’s about creating an oasis where you come home and feel immediately grounded — effortlessly chic and deeply personal.”

Collecting instead of decorating 

Decorating can imply the completion of a room: selecting the required furniture, filling the available walls and producing a coherent finished image.

Collecting is less conclusive.

A collected interior has room to change as its owners travel, discover artists, inherit pieces or reassess how they use their home. Its character comes from the relationship between objects rather than adherence to a single brand or season.

That does not mean placing unrelated pieces together without discipline. The designer must understand scale, proportion, material and provenance well enough to create a dialogue between them.

A contemporary artwork might sit beside a historic piece of furniture. A precisely detailed new interior may be interrupted by an irregular object made by hand. Smooth stone can be balanced by timber, textiles or a patinated metal surface that becomes richer with age.

The tension between those elements is part of the appeal.

For Freeman, art is not an accessory to be added once the furniture plan is complete. It forms part of the architecture and atmosphere of the room from the beginning.

Lighting is considered in the same way. Beyond its practical purpose, a bespoke fitting can operate as a suspended sculpture, changing both the room’s composition and the way its materials are experienced after dark.

Park Residences Penthouse, Cremorne

A design perspective shaped by travel 

International travel plays a significant role in Freeman’s creative process.

Design fairs such as PAD Paris and Salone del Mobile in Milan provide opportunities to encounter emerging designers, established galleries, new materials and collectible furniture away from the filter of social media.

More spontaneous discoveries can prove equally important.

“Sometimes it’s the simple things,” Freeman says. “That piece found on a shopping trip with a client in Paris, stumbling across an artisan’s workshop, or a special memory that forms the narrative of the story.”

Objects selected during travel bring more than visual interest into a home. They carry an association with a place, maker or experience, giving the client a connection that cannot be reproduced by ordering an entire interior from a catalogue.

Freeman’s influences are international, but his projects are not conceived as replicas of Parisian, Milanese or Californian style. Each commission responds to its architecture, setting, natural light and the daily lives of its occupants.

A waterfront Sydney residence demands a different treatment from a Mayfair townhouse. A Caribbean estate shaped by brutalist architecture and reflecting pools calls for another response again.

The designer’s role is to absorb those references without allowing them to overwhelm the individual qualities of the property.

Designing the complete experience 

FREEMAN & CO extends beyond conventional interior decoration.

The practice’s stated services include interior design and architecture, project management, property acquisition, development advice, concept design, documentation, furniture and lighting design, procurement and art curation.

That breadth allows the team to become involved before a room’s dimensions and finishes are fixed.

Early participation can be important at the top end of the residential market, where architecture, landscape, interiors, technology and art must operate as one environment. Decisions about ceiling heights, wall dimensions, sightlines and lighting can directly affect where art is installed or how custom furniture is proportioned.

The practice can then carry those decisions through to procurement and final installation, maintaining the design narrative as a project moves between architects, builders, specialist craftspeople, dealers and suppliers.

Its residential portfolio includes a South Coast retreat conceived as an escape from urban life, a Caribbean estate with reflecting pools, an East Coast-inspired Palm Beach residence and a Mayfair townhouse organised around an expressive drawing room.

The studio also says it has worked on highly tailored Sydney residences with values exceeding $100 million, although the private nature of such commissions means individual addresses and clients are not always disclosed.

Park Residences Penthouse, Cremorne

A home that can keep changing 

The risk in creating a perfectly resolved interior is that it can become too static — a composition that looks exceptional in photographs but leaves little room for life.

Freeman sees the home as something that should evolve with its owners.

“I love the evolution of design,” he says. “We are talking about people’s lives, and as they evolve, so too should their private sanctuaries.”

That evolution might involve adding art, reupholstering a significant piece, adapting rooms as a family changes or making space for objects gathered through future travels.

The original design needs to be strong enough to accommodate those layers.

This may be the clearest expression of Freeman’s approach to luxury. It is not simply access to rare stone, collectible furniture or commissioned craftsmanship. It is the creation of a personal environment whose meaning deepens rather than diminishes with time.

Fact box 

  • Designer: Jack Freeman
  • Role: Founder and managing director
  • Practice: FREEMAN & CO
  • Base: Australia, with international projects
  • Project locations named by the practice: Point Piper, Vaucluse, Circular Quay, Toorak, Palm Beach, the NSW South Coast, Mayfair, Bel Air and the Caribbean
  • Sectors: Private residences, hotels, residential developments, private aviation and superyachts
  • Services: Interior design and architecture, property development, project management, property acquisition, documentation, furniture and lighting design, FF&E procurement, interior dressing and art curation
  • Design philosophy: Collected, personal interiors shaped by art, craftsmanship, travel and enduring materials
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