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Perth Apartments
Perth became a property phenomenon in less than decade. A growing giant mining industry and supporting businesses sky-rocketed Perth property prices.
Perth apartments were reaching higher values than Sydney apartments in prestigious areas.
In some cases escort agencies found more profitable to rent their Perth apartments than to rent their questionable services.
However, the Perth property business stabilised. Perth city apartments are not cheap but at least available.
Perth Apartments for Rent
The rent for city apartments in Perth is high. These prices easily compare (and even outrun) those of Melbourne apartments and Sydney apartments.
Perth city apartments for rent are very popular because of the massive mining industry. Many workers, engineers, technicians and tradesmen rely on short contracts.
The time when available flats and Perth city apartments were difficult to hunt is probably over. However, prices are still high.
The rent for a Perth apartment can vary considerably. Northern region and Perth City seem to be the most expensive ($700 per week is not uncommon).
North East Perth and South East Perth have very affordable city apartments and detached houses. You can expect mid $300 per week to get 2-3 bedroom apartment (or even rent the house of the same size).
Let's view some of the Perth renting apartments.
Renting Prices for Perth CBD Apartments
Perth CBD is expensive. Rent for apartments in Perth city will hardly fall below $400 per week.
However, Perth usually offers a bit bigger apartments and more rooms than Sydney would for the same price.
2 bedroom city apartment in Burswood costs $500-$600 per week. In East Perth apartment for $420 per week is still easily available.
Northbridge apartments will set you for less than $450 per week. And it is not uncommon to get good Northbridge flats for $360+ per week.
Many jobs and businesses are contractual and seasonal in Western Australia. Therefore, renting city apartments in Perth CBD will be popular for a long time.
However, this does not mean that prices for detached homes will drop in Perth and surrounding areas.
Renting Prices for Apartments in South West Perth
South West Perth suburbs (Attadale, Applecross, Mount Pleasant, etc) can vary in comfort and renting prices. An average 1 bedroom flat will cost mere $300 per week. However, more prestigious city apartments can reach $800 per week.
Applecross, same as Mount Pleasant has apartments for rent between $350-$800 per week. Again, here it is the comfort not the location which determines the rent.
Renting Prices for Apartments in North West Perth
The rent prices for North West Perth suburbs (Joondalup, Scarborough, North Perth, etc) depend mainly on comfort you require. Location is important but number of rooms and facilities sets the price.
In North Perth a 1 bedroom apartment can cost $230 per week. A 3 bedroom apartment in Scarborough will cost $750 per week.
In Joondalup city apartments with 2-3 bedrooms and great facilities are still available in higher $300 per week.
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