Rental crisis: The SA suburbs and towns where rents are tipped to rise most over the next six months

Rents are expected to rise significantly in some areas of the state over the next six months. See how much they’re forecast to climb in your suburb.

Rents in some South Australian suburbs and towns are tipped to rise up to $41 per week over the next six months, a new report reveals.

Real estate analytics firm Suburbtrends has released the full dataset for its Rent Review, which details how much more tenants are expected to pay in rent by 2024.

Suburbtrends founder Kent Lardner said a new predictive model designed to accurately forecast future rental prices considered a range of variables, including historical rental prices, property type, lease affordability as well as economic and demographic characteristics.

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Rents are forecast to climb right across the state over the next six months, new data shows. Picture: NCA NewsWire/David Swift

“The data clearly shows that renters across the country are likely to face significant increases in the coming months,” he said.

“It’s crucial that renters are aware of these potential increases and plan accordingly.”

Rostrevor-Magill topped the list for SA, with rents for houses forecast to increase $40.53 over the next six months to a median of $560 per week.

North Adelaide followed, with rents for houses tipped to jump by $34.30 to $640 per week, then Edwardstown for houses ($33.65) and Adelaide for houses and units ($33.20 and $33.19 respectively).

There were other areas that had slightly higher predicted increases but Mr Lardner didn’t include them in his final 25 list for SA because they didn’t paint an accurate picture.

In the report, he said his final list was refined by removing areas with less than 20 per cent rental tenure or fewer than three rental listings, ensuring he focused on areas with a substantial rental market.

Mr Lardner said SA had always been considered an affordable place to live but that was fast changing.

“The only solution is not new housing, it’s just more crowded housing – that seems to be the only way forward,” he said.

Suburbtrends founder Kent Lardner. Picture: supplied.

“The rental crisis is a problem that has been decades in the making.

“It’s going to take a concerted effort from all levels of government, as well as the private sector, to address it effectively.

“In the meantime, renters need to be aware of the potential risks and plan accordingly.”

Turner Real Estate managing director Lachlan Turner said rents might continue to rise in some places but he believed they would remain steady in others.

“Our prediction is that they’re actually going to flatline and potentially decline slightly,” he said.

Turner Real Estate managing director Lachlan Turner. Picture: supplied.

“The reason for that is because of interest rates and the cost of living.”

Mr Turner said they were seeing a slight decline in rental applications already.

For metropolitan Adelaide, rents are forecast to climb $19.30 over the next six months to a median of $512.50 per week.

Those for units are tipped to rise $22.51 to a median of $400 per week.

The capital was one of the more affordable places to rent property across the country for both houses and units.