Canberra’s Top 7 Suburbs With Reduced Rents In 2020

beautiful Canberra Suburbs for renting a house

Canberra’s Top 7 Suburbs With Reduced Rents In 2020

By : Angelina
The COVID-19 pandemic has affected the economy of the entire country, and it is visible in all sectors, including the housing. People have lost their jobs, and many are struggling to pay the monthly rent. As a result of that, rental vacancies have increased throughout Australia, and that has lead to a reduction in the rent.

If you are planning to move to Canberra or within the city for lower rental amount, there are a few suburbs which you should consider. These places are affordable and ideal for families. However, before you move out of your property, hire experts who perform cheap end of lease cleaning in Canberra. It will ensure the refund of the bond money which you will have to deposit.

Here are Canberra’s top 7 Suburbs with reduced rents in 2020. Let’s have a look!

1. Farrer

Farrer is an excellent suburb in Canberra. It is considered as an ideal place for the people who are planning to move with their family. The place is safe and sound, has a neighbourly spirit and offer peace and greenery. It has 14 parks which cover almost 16.3% of the total area. More than 66% of the families live here with children. Usually, the rent here remains on the higher side, but due to COVID-19 pandemic, the rent has reduced.

Until the start of 2020, the median rent was $668 per week, but now it has dropped to $580 per week. The median house price at Farrer is $840k. Its location is also perfect for visiting National Zoo and Aquarium, Jamala Wildlife Lodge, Lake Burley Griffin, and National Portrait Gallery of Australia. All the places are hardly 15 minutes drive. For shopping, it has Old Bus Depot Markets and Erindale shopping centre, which are not that far.

2. Curtin

Curtin is a beautiful suburb that provides all the amenities like schools, childcare, parks, etc. and only 6 kilometres from the Canberra CBD. It offers a peaceful environment without increasing your commute time to the office. It is one of the Canberra’s top suburbs with reduced rents in 2020.

Before the outbreak, the rent amount was $630 per week, but now it has reduced to $595 per week. It has a population of more than 5,000, and 62% of the family live here with children. Questacon – National Science and Technology Centre and Cockington Green Gardens, a popular amusement park are only 15 to 20 minutes drive.

These are perhaps the best places you can visit with your kids. You can also explore the best Canberra restaurants from this suburb. If you are looking for an excellent place at an affordable price, opt for this suburb.

Do not forget that you need to deposit the bond money so, make sure that you hire experts who offer cheap end of lease cleaning in Canberra. They will thoroughly clean the rental property from where you will move out.

3. Rivett

If you are planning to move to Canberra, you should consider choosing a house in Rivett suburb. It is a peaceful suburb with a great neighbourhood. It has quick access to Belconnen, Woden, City, Canberra Airport and North Canberra.

It has excellent public and private school nearby. That is why a family with children preferred to move here. The total population of Rivett is more than 3000, and 61% of families have children.

Also, people who prefer to stay close to their workplace find this place suitable because it is only 11 kilometres from Canberra CBD. The median rent of Rivett was $545 per week until the outbreak of COVID-19, but now it has dropped to $490 per week.

The median house price here is only $625k. If you settle down here, you can visit several places. National Gallery of Australia, Australian War Memorial, Parliament House, Commonwealth Park, National Museum of Australia, and Lake Burley Griffin are some of the famous places in Canberra that has easy access from this suburb.

4. Garran

Garran is one of the perfect places in Canberra to raise a family. That is why more than 65% of families here have children. There are several good schools in this suburb while the Canberra hospital is only a few minutes away.

This suburb is only 7 km away from Canberra CBD, which makes it an ideal location for the professionals. Until the end of last year, the median rent if Garran was $655 per week. However, as the rental vacancy has significantly increased, the rental amount is reduced to $550 per week.

Although the property owner/manager will ensure that the property is clean, you should not take chances during this pandemic. Hire professionals who carry out cheap end of lease cleaning in Canberra and thoroughly clean it before moving. This suburb is also ideal for families with children because you can visit numerous places nearby.

Experience the hot air balloon flight, visit the Cockington Green Gardens, Questacon – National Science and Technology Centre, National Museum of Australia, National Zoo and Aquarium, and many more. The median house price in Garran is $950k.

5. Mawson

Mawson is another excellent where you can settle down with your family. It offers greenery, peaceful environment, privacy, friendly neighbourhood, and all other essential amenities. The population of this suburb is more than 3000 and 55% of the families live with children.

This suburb also attracts the professionals as it is only 9 kilometres from the Canberra CBD. The median rent in Mawson was $610 per week, but now, properties are available at $530 per week. If you are interested in purchasing a house, the median house price in this suburb us $751k.

People who want to stay close to nature prefer this place. Mawson has 16 parks which cover almost 18% of the total area. Its location also provides easy access to National Zoo and Aquarium, National Gallery of Australia, Parliament House, Australian War Memorial, Commonwealth Park, Lake Burley Griffin and National Museum of Australia. Mawson is for families with kids, professionals as well as retirees.

6. Palmerston

Palmerston is a highly recommended place for anyone who is looking for a convenient and location. It is a popular suburb in Canberra that attracts people from every corner of the city as well as the country. It has a population over 6000, and more than 65% of the families have kids.

It not only gives you a peaceful environment but also save your commute time to Canberra CBD, which is only 10 kilometres away. Cockington Green Gardens, Questacon – National Science and Technology Centre and National Zoo and Aquarium are some exciting places to visit with your kids.

It also has excellent access to the best resultants in Canberra. Before the outbreak of the COVID-19, the median rent was $550 per week, but the price has dropped to $493 per week. To rent a house, you will have to deposit a hefty amount of bond money. Many companies provide cheap end of lease cleaning in Canberra. Contact one such company to ensure you get the refund of your security deposit.

7. Downer

It is a beautiful place that has easy access to a post office, a bunch of specialty stores and the “Chinatown of Canberra” that is located in the Dickson suburb. It is a clean and green suburb that offers a peaceful environment, privacy, and good neighbourhood.

Downer is an ideal place for families as well as the working professionals as it is only 5 kilometres away from Canberra CBD. If you move to this place with family, you will have easy access to some popular and exciting places in Canberra.

These places include Cockington Green Gardens, Questacon – National Science and Technology Centre, National Gallery of Australia, Commonwealth Park, National Zoo and Aquarium, Lake Burley Griffin and National Museum of Australia. The median rent of this place was $600 per week, but now it the properties are available at $550 per week. The median house price is $815k.

The Bottom Line

If you are looking for family-friendly Canberra suburbs with reduced rents in 2020, the information mentioned above can be very useful. First, choose a suitable suburb for you. Then contact a reliable company that offers cheap end of lease cleaning in Canberra to get the bond money back. It will allow you to move in a cost-effective and hassle-free manner.