Tenants take note: 20 Qld suburbs where rents are falling

We’ve found 20 suburbs across the state where rents are cheaper than a year ago, with figures revealing savings of up to $275/wk.

RENTS are now cheaper in 56 Queensland suburbs, with new figures revealing tenants could be saving as much as $275 a week compared to a year ago.

Suburb-by-suburb data from PropTrack shows house rents in 31 suburbs across the state fell in the past 12 months, while unit rents in 25 suburbs are also less expensive.

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This four-bedroom house at 156 Warry St, Fortitude Valley, is advertised for rent for $1300 a week.

House rents in the inner Brisbane suburb of Fortitude Valley took the biggest tumble in the past 12 months — diving nearly 37 per cent to $475 a week.

But there are still plenty of expensive rentals in the suburb, like this four-bedroom house at 156 Warry St, which is advertised for rent for $1300 a week.

Also in Brisbane, Mount Ommaney houses are now an average $155 a week cheaper than they were a year ago, while the median house rent in Kalinga has dropped $100 to $600.

This four-bedroom house at 235 Mount Ommaney Dr, Mount Ommaney, is advertised for rent for $990 a week.

On the Sunshine Coast, Pomona has recorded a 25 per cent decrease in its median house rent to $500 a week, while Forest Glen is $120 a week cheaper and Coolum Beach is $55 less expensive.

This four-bedroom house at 7 Exhibition St, Pomona, is advertised for rent for $750 a week.

The median house rent in Elimbah in the Moreton Bay region is $50 a week cheaper than 12 months ago at $600.

Outside the state’s southeast, Campwin Beach in the Mackay region has recorded a $100 drop in house rents to $350 a week.

This five-bedroom house at 6 Mindee St, Coolum Beach, is advertised for rent for $900 a week.

Hay Point (also in the Mackay region) and Cannon Valley in the Whitsundays have seen $50 a week drops.

If you are in search of a unit to rent, the median cost of leasing a unit in Oonoonba in Townsville has dropped $45 a week in a year to $285.

This one-bedroom unit at 32 Goode Lane, Oonoonba, is advertised for rent for $300 a week.

Tenants could save around $65 a week compared to a year ago by renting a unit in the Cairns suburb of Bentley Park.

Even the popular Sunshine Coast suburb of Caloundra West has experienced a fall in its median weekly unit rent to $480.

Units in Eastern Heights in Ipswich can be found for around $300 a week, after slipping 5 per cent in the past year.

This one-bedroom unit at 33A Idolwood St, Eastern Heights, is advertised for rent for $350 a week.

The affluent, inner Brisbane suburb of Seven Hills has even recorded a mild drop in its median unit rent — now $15 cheaper at $610 a week.

Rentals in Clermont, Rockhampton, Sarina, and Atherton are also slightly cheaper than they were this time last year.

This three-bedroom unit at 504/6 Victoria Pde, Rockhampton City, is advertised for rent for $650 a week.