Is moving to Queensland worth it?

The number of Australians packing up and moving to Queensland is the highest its been in a decade; and they’re not moving there to escape the harsher oncoming winters in Sydney and Melbourne, nope! Instead, they’re moving due to its attractive housing price point. This got us wondering exactly how much cheaper properties in Queensland were to rent. Is the difference in housing costs really enough to uproot your life and relocate from one end of the country to the other?

We compared the difference in renting costs between Sydney, Melbourne and Brisbane, and ensured that each neighbourhood was comparable to each other in terms of its accessibility and convenience. Here are our results:

Living in the heart of the city:

Sydney

1BR: $620/ week
2BR:  $860/ week

Melbourne

1BR: $385
2BR: $550

Brisbane

1BR: $400/ week
2BR:  $570/ week

Living A stone’s throw from the city (<15 mins)

Sydney

Paddington:
1BR: $473/ week
2BR:  $710/ week

Melbourne

Carlton:
1BR: $335/ week
2BR:  $482/ week

Brisbane

Fortitude Valley:
1BR: $360/ week
2BR:  $480/ week

Living on the outskirts of the city (<45 mins)

Sydney

Bexley:
1BR: $340/ week
2BR:  $460/ week

Melbourne

Sunshine:
1BR: $220/ week
2BR:  $290/ week

Brisbane

Greenslopes:
1BR: $260/ week
2BR:  $355/ week

Our results show that whilst buying properties in Brisbane may be close to half the price of Sydney and Melbourne, its evident that when it comes to renting, Brisbane and Melbourne are neck and neck in competition, while Sydney continues to be significantly more expensive than the aforementioned cities.

All results were generated from Liveable

Is moving to Queensland worth it?