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CH has highest median rent in Aus

Median rent prices.
Median rent prices.

FORGET about the high rent you pay for a beach view unit in upmarket areas such as Noosa, Bondi or St Kilda.

A report released by RP Data shows the Central Highlands has the highest median rent in Australia at $650 while Central Queensland has the highest unit rents in the state.

RP Data figures show units in the region had the highest rent increase in a year up to June, with Gladstone's jumping by 66.7% to $500 - the highest increase in the nation.

Units in the Central Highlands increased by 35.4% in the year.

Rockhampton's median unit rent leapt 10.3% ($320) to be fifth in the state with Mackay's increase at 25.7% ($440) and Cassowary Coast at 11.5% ($290).

Just ask Nicholas Doring, who placed an advertisement online at Gumtree.com.au two months ago in the hope of finding a room to rent for up to $300 a week with his girlfriend in Emerald.

He is still looking.

Mr Doring works in the construction industry in the area, and his girlfriend Kaitlyn McMahon is about to finish university at the Sunshine Coast.

"We are looking to move up there because that's where all of my work is," he said.

Mr Doring said the couple wanted to rent a room for only about six months while a friend finished building a house.

They would then move into the house with their friend.

Figures used by RP Data from the 2011 Census showed Central Highlands had the highest median rent for units at $650, followed by Perth at $650.

The next closest Queensland area was Gladstone, which came in at number 18 with $500. Isaac Regional Council was fourth on the ladder for highest house median rental prices in the nation at $1400, with the Central Highlands at 25 with the median rent at $750.


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