Renting in Canberra
Moving and looking for help finding a rental property in Canberra?
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Navigating the Canberra rental market
The Canberra rental market is generally considered one of the country’s most stable. While it has its ups and downs, its swings tend to be more moderate, particularly compared to other capital cities. While there are many reasons for this, Canberra’s sustained growth – both in population and housing stock – is a major factor.
The cyclical nature of many of Canberra’s key industries also means that there are clear peaks in rental market activity. Generally speaking, competition for properties is greatest in January and February, slows to a low in June, then picks up again in Spring. Currently the vacancy rate is around 1.4%.
Need help securing a rental property in Canberra?
Your Home Hunter are rental search specialists and can manage the whole process for you – from working through your wish list to reviewing the lease.
“I was looking for a rental in Canberra due to an interstate move for work. Throughout the process they have been extremely professional and successful in finding a home that I'm very happy in. It took the stress off me and would use their service again.” – Shannon
Looking to rent a house in Canberra?
As Canberra was purpose-built to support a variety of household types and incomes, the local housing stock is quite diverse. Design styles vary widely, with different areas having different characters, usually reflecting when they were first developed. Standard block sizes also tend to reflect the age of the suburb, with more established areas generally providing more space.
Supply of houses can be limited, particularly at peak times and in the more established and desirable areas. New builds and updated properties are usually the most popular, as they offer the greatest protection against the cold Canberra winter.
Looking to rent an apartment in Canberra?
While most Canberra suburbs are lower in density, apartment complexes are common around the City and “Parliamentary Triangle” areas. Most satellite town centres also have larger developments, which enjoy close proximity to public transport hubs, shopping centres, and other amenities.
Much like the local housing stock, apartments in Canberra are quite diverse, with design style, size, age, and quality varying greatly. The difference with apartments being that most areas feature a range of options suitable to different tastes and price points. As such, wherever you choose to rent in Canberra, you should be able to find an apartment that appeals.
Take the stress out of finding the perfect Canberra rental property
Whether you’re too busy, have special requirements, or simply from out-of-town, we will work with you to understand who you are and what you’re looking for in your next property. We can also help you work out the best area for you, your family, and your lifestyle and have access to the widest range of rental properties – including those that aren’t yet listed on the main real estate sites.
Deciding where to live in Canberra
Canberra has been designed with liveability in mind and is made up of a series of satellite areas. Each of these areas has its own town centre, which features a range of shopping and dining options. Most suburbs also have their own small shopping strips, which are usually home to a range of services.
The result of this is that life is largely lived locally, and each area has its own distinct character. As such, when moving to Canberra, the perfect area for you will really depend on your requirements and lifestyle. For example, students and young professionals are often drawn to the energy and activity of suburbs like Braddon and Kingston. Whereas families tend to prefer the open space and community-feel of suburbs like Yarralumla and Ainslie.
If you’re wondering about the best Canberra suburbs for renters, Your Home Hunter can help you pick the locations that best suit you, your family, and your lifestyle.
Ready to find your new home in Canberra?
At Your Home Hunter, we believe everyone deserves to live somewhere they love. As Australia’s premier renters advocacy service, we specialise in helping renters find their dream home, without all the stress. Whether you’re too busy, have special requirements, or are relocating from interstate or overseas, we can help you find the perfect rental property to call home.
"Wendy and her team are fantastic. We have recently been relocating from Europe to Canberra and the help has been second to none. Entering the rental market as an expat is really challenging, and the team have made the process really smooth for us. Walking us through the tenancy application requirements, and effectively liaising with various stakeholders was the key for us to finding the perfect landing pad in just a few weeks." — NICO