Demand for affordable family-friendly homes close to schools and parks has sparked a rental boom across some of Brisbane’s western suburbs, with prices climbing by over 20 per cent in just 12 months.
The latest Domain Rent Report released last week for the September quarter revealed that the steepest rent hikes were collected in the middle and outer city rings of the Queensland capital, with Mount Ommaney claiming the most expensive title after house rents there rose a massive $138 per week to $690 over the last year.
Cornubia area rose 19.9% to $535 per week, Fig Tree Pocket by 17.2% to $700 per week and Seventeen Mile Rocks up 6.1% to $560 per week.