Sarah Oliver
A new study has found Bacchus Marsh is amongst the top 20 suburbs that are tenant and family friendly within commuting distance of Melbourne’s CBD.
RentRabbit.com.au released its quarterly tenant opportunity report revealing the top 20 suburbs where tenants can find affordable rents in decent suburbs that are within commuting distance of the CBD.
To be included in the top 20, suburbs are ranked based on weekly rental rates from lowest to highest.
All the suburbs had a median weekly rent of $410 or below.
In the 12 months until January 2022, Bacchus Marsh’s house rental median increased by 8.4 percent, from $370 per week to $400 per week.
Despite an increase, the suburb still made the list due to the comparatively low rental weekly cost.
Suburbs ranked in the bottom 40 per cent using the Socio-Economic Indexes for Areas ratings weren’t included in the study.
RentRabbit.com.au co-founder Ben Pretty said life is tough right now for tenants on average incomes.
“Vacancy rates are low in many parts of Melbourne and landlords are responding by jacking up rental rates,” he said.
“I really feel for tenants who are being forced out of their homes and suburbs, especially when they have kids who are forced to change schools.
“The RentRabbit.com.au Tenant Opportunity Report aims to help everyday tenants identify rental markets that are affordable, while also being liveable and commutable.
“That way, they can focus on raising their families and building their lives, without having to worry about whether they can afford to pay their bills.”
