April RentRabbit.com.au Tenant Opportunity Report reveals Adelaide’s top 20 tenant-friendly suburbs

New research commissioned by RentRabbit.com.au has found Adelaide’s standout suburbs for tenants who want to live in good locations but have only average incomes.

The quarterly RentRabbit.com.au Tenant Opportunity Report identifies the top 20 suburbs in Adelaide where tenants can find affordable rents in decent suburbs that are within commuting distance of the CBD.

To make sure locations are tenant-friendly, suburbs are excluded if their SA3 is more than 100km from the CBD.

(The Australian Bureau of Statistics refers to a cluster of suburbs as a ‘statistical area 3’, or a ‘SA3’. SA3s often closely align to local government areas.)

Suburbs are also excluded if they have a low socio-economic status, as measured by having a SEIFA socio-economic score of less than 4.

(A SEIFA economic score is an Australian Bureau of Statistics measure that ranks areas in Australia according to relative socio-economic advantage and disadvantage. If a suburb has a score of 4, it means it’s in the fourth decile [i.e. 31-40%] in terms of its socio-economic position.)

That leaves a small list of Adelaide suburbs. To establish a top 20 ranking, these suburbs are then ranked based on weekly rental rates (from lowest to highest).

All the suburbs had a median weekly rent of $440 or below and were located within 30km of the CBD.

RentRabbit.com.au co-founder Ben Pretty said it’s encouraging to see that tenants still have some decent options, even if the odds are stacked against them in the current market.

“Adelaide’s vacancy rate has fallen steadily over the past two years, which has made it harder for tenants to find accommodation and has led to sharp rental increases,” he said.

“It’s definitely a landlord’s market in many parts of Adelaide, and I’ve been hearing some really harrowing stories of tenants doing it hard, especially families on lower incomes.

“The aim of the RentRabbit.com.au Tenant Opportunity Report is to show tenants that although conditions are tough right now, it’s still possible to find somewhere to live that’s affordable, desirable and commutable.”

Top 20 ranking

Key stats on the top 20 suburbs

1. The house market of Gawler East (Gawler – Two Wells)

2. The house market of Ridgehaven (Tea Tree Gully)

3. The house market of Mount Barker (Adelaide Hills)

4. The house market of Seaford Meadows (Onkaparinga)

5. The house market of Redwood Park (Tea Tree Gully)

6. The house market of Woodcroft (Onkaparinga)

7. The house market of Moana (Onkaparinga)

8. The house market of Modbury Heights (Tea Tree Gully)

9. The house market of Valley View (Port Adelaide – East)

10. The house market of Golden Grove (Tea Tree Gully)

11. The house market of Klemzig (Port Adelaide – East)

12. The house market of Salisbury Heights (Salisbury)

13. The house market of Hope Valley (Tea Tree Gully)

14. The house market of Wynn Vale (Tea Tree Gully)

15. The house market of Greenwith (Tea Tree Gully)

16. The house market of Sheidow Park (Marion)

17. The house market of Highbury (Tea Tree Gully)

18. The house market of Windsor Gardens (Port Adelaide – East)

19. The house market of Oakden (Port Adelaide – East)

20. The house market of Ascot Park (Marion)