Finding a cheaper rental further from the city can seem like an easy way to save money.
But before choosing the cheaper option, it is worth looking at the bigger picture.
A lower weekly rent can come with higher transport costs, a longer commute, and less time in your day. So is the cheaper rental actually cheaper?
Look Beyond the Weekly Rent
Rent is usually one of the biggest costs when choosing a home, but it is not the only one.
If you move further away to save on rent, think about what else you will spend each week. This could include public transport, fuel, parking, or other travel costs.
A small difference in weekly rent may not be as significant once your other expenses are taken into account.
Your Commute Has a Cost Too
Money is not the only thing to consider.
A longer commute means spending more time travelling to and from work or university.
An extra hour of travel each day can add up quickly over a week. You may decide that the lower rent is worth it, but it is important to consider how much time you are willing to spend getting around.
Think About Your Transport Options
Living further away does not always mean having a more expensive commute.
A suburb with a direct train, tram or bus service may be easier and cheaper to get to than somewhere that is closer but requires multiple connections.
Before choosing a property, check the actual journey and the transport costs at the times you will normally travel.
Compare the Total Cost
Instead of looking only at the weekly rent, try adding up your main weekly housing and transport costs.
For example, compare:
Rent + transport + parking + fuel
This can give you a better idea of what each option could actually cost.
You should also consider whether the location works for your lifestyle and how much time you will spend travelling.
Cheaper Doesn't Always Mean Better Value
A cheaper rental further away can absolutely make sense for some people.
If the transport is convenient, the commute is manageable, and the lower rent makes a meaningful difference to your budget, living further out may work well.
The important thing is to compare the whole picture rather than making a decision based on rent alone.
Expert Tip!
Before choosing a cheaper rental, work out your expected weekly transport costs and check the actual commute. A lower rent is only a saving if the other costs and extra travel time still make sense for you.
Disclaimer: The information in this article is for general informational purposes only and should not be considered legal, migration, financial, or professional rental advice. Rental laws, tenancy requirements, and market conditions may vary between Australian states and territories and can change over time. Find My Home is not a real estate agency and cannot guarantee rental approvals or outcomes. For enquiries, please contact info@findmyhomeaus.com.
