You need to earn twice the average salary to afford the house, but for less than 1000 yuan a week, you can rent a one-hectare, leafy five-bedroom mansion in one of Brisbane`s wealthiest suburbs.
,000 a week? Exposure to the top ten areas of Kunzhou's most expensive rent"/>But only if you have a way to spend four times your weekly rent on a deposit.
Think of the poor Sydney tenant, though, and you`ll feel very lucky. If they want to live in a luxury Vaucluse, they earn $385,667 a year, and all those who rent less than 1000 yuan a week are apartments, while five-bedroom stand-alone homes cost as much as 5000 yuan a week.
The high-end rental market in Kunzhou is hot right now, with weekly rents twice as much as most people`s weekly wages, according to new data from realestate.com.au.
Kunzhou`s highest median weekly rent is 795 yuan, as has been achieved in Brisbane`s vast Pullenvale rich area and the picturesque Tallebudgera Valley in the heart of the gold coast.
To rent a house at $795 a week without rent pressure, tenants need to earn $137800 a year.
,000 a week? Exposure to the top ten areas of Kunzhou's most expensive rent"/>According to census data, Pullenvale`s average household income was 169000 yuan, but at Tallebudgera Valley it was only 82784 yuan.
While most people may not be able to understand spending $1000 a week on rent, more and more people are willing to bear the cost.
Mr. Haesley Cush, the chief executive of LivingHere Cush Partners, said that over the last six weeks, more than 1000 yuan of property leased through his institutions was more than ever before.
Last month, tenants rented two homes for 2000 yuan a week after only once a visit, said his colleague, Hawkins (Eadan Hockings).
Finally, tenants tend to live longer than expected because they see the benefits of renting, Hawkins said.
Kash noted that the high-end rental market is seasonal, with most tenants entering the market in January and then another wave in June.
The three main customers in the high-end rental market in Brisbane, he said, are newcomers, renovators, and corporate executives.
Granger (Jennifer Grainger), an executive leasing expert, said a small percentage of her clients were executives from multinational companies in the oil, gas or IT industries, but most were wealthy families who had just sold millions of dollars worth of homes. And haven`t found the next place to live yet.
"the shortage of housing is forcing people to rent," Granger said. "when you have 2 million to spend, you will be very picky about what you want to buy, so they will be happy to rent a house until they find their favorite house."
Granger said the rent standard for the president`s residence in Brisbane is 1400 yuan a week. This will give you a flawless four-bedroom, two-bathroom stand-alone house with two living areas, a swimming pool, and close proximity to the school.
"they don`t lose their quality of life because they rent a house, so they rent a comfortable house." Granger said.
,000 a week? Exposure to the top ten areas of Kunzhou's most expensive rent"/>A quick search on Realestate.com.au shows that a five-bedroom, three-bath stand-alone house in Pullenvale, now rents $995 a week, while a beautiful five-bedroom family house in nearby Brookfield, rents $850 a week.
Cornbetter than (Nerida Conisbee), chief economist at REA, said rents were so high in the suburbs of Pullenvale and Brookfield in the West end of Brisbane because one-hectare houses were not popular with investors because they were expensive to maintain.
Closer to the city, you can rent almost double the rent for a four-bedroom stand-alone house with an oversized backyard, and a $1550 weekly rent for the fashion resort of James St, close to school and New Farm.
Or, if you really want to be good, then the New Farm is a picturesque Hampton-style house for 2,000 yuan.
,000 a week? Exposure to the top ten areas of Kunzhou's most expensive rent"/>Booth couple Ashtar (Ashta) and Anthony. Hawkins (Anthony Hockings), who spent two years renting a house in New Farm, recently bought his first house. The couple paid more than 600 yuan a week for the two-bedroom apartment in the suburb, but would be happy to spend more money on a high standard of living.
The supply-short gold coast accounts for four of the state`s top 10 suburbs, Konicby said.
