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Other Territories's Median Rent: A Comprehensive Ranking of Suburbs Based on Weekly Household Payments
The median rent paid by households each week for the dwelling they were in on the 10th of August for the 2021 Australian Census.The median rent (weekly) data can be useful for property investors and those looking to move as it provides insights into the affordability of different suburbs. For property investors, this data can help them identify suburbs with high demand and low vacancy rates, which can lead to higher rental yields. On the other hand, for those looking to move, this data can help them identify suburbs that are within their budget and offer good value for money. Additionally, this data can also provide insights into the livability of different suburbs, as suburbs with high median rents may offer better amenities and infrastructure. For example, a suburb with a high median rent may have better schools, parks, and public transport options, making it a more desirable place to live. Data from 2020
| Area | Value |
|---|---|
| 1. Home Island | $250 |
| 2. Norfolk Island | $240 |
| 3. Christmas Island | $150 |
| 4. Jervis Bay | $90 |
