Mind The Affordability Gap

Come and get taken for a ride on the big city rental markets. This service goes from the city to Whoop Whoop. First stop Exorbitant, then Expensive, Overpriced, and all stations to Whoop Whoop. Please keep your aspirations inside the carriage at all times.

Although drawn from share-house data, these maps from Flatmates.com.au clearly show the high price of proximity in Sydney, Brisbane and Melbourne.

In Sydney, a room in an inner city share house can quickly climb to $350/week. Finding anywhere under $200 will mean a lengthy daily commute though. Factor in $48.20 for train fares and ten 50 minute train rides to work each week, and the difference between Fairfield ($198) and Sydney ($326) comes down to $16/day rent, or nearly 2 hours each day squeezed in the train

Rent a room in Work in Room Rent / Week Train / Week Total Train Time Travel premium
City City $326 $0 $326 0 hrs/week
Ashfield City $198 $48.20 $246.20 8.3 hrs/week $9.60 / hr

 

Sydney_Rent_Train

Room rates in Melbourne are certainly more affordable than in Sydney, with the most desirable suburbs still under $300. Melbourne’s market doesn’t drop as sharply though, with a wide selection of suburbs in the $250-$200 range.

Melbourne Rent Train Map

Brisbane is a little more affordable again, but maintains the trend of being around twice as expensive in the inner city as the suburban fringes.
Brisbane Train Rent Map

At Microburbs, all of our convenience reports give commute times to local work centres to help you get to really know an area.

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Technical Lead at Microburbs.com.au. Data analyst, software developer and technology manager. Previously IT Director of Australian hedge funds and algorithmic trading operations.

Comments

  1. Its really interesting. If you choose the suburbs the amount of time by train would be enough to get a job and pay an apartment in the city 😛

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