Suburbtrends Releases Rankings of Australia's Toughest Suburbs for Pet-Friendly Rentals.
A new study by Suburbtrends has revealed the hardest suburbs for renters with pets to secure a rental property in Australia. The research analysed rental listings across the country in the past three months, searching for keywords such as "no-pets" or "no-pets-allowed."
Suburbs with less than 25 listings during this period were excluded from the study to ensure the results were statistically significant and well-known to local renters. Based on the percentage of rental listings advertising as "no-pets allowed," the study ranked the toughest suburbs for renters with pets.
The rankings were further determined by the rental vacancy rate and the percentage of rent increase in the past year. Suburbtrends founder, Kent Lardner, stated that:
"the study highlights the difficulties of renting with pets in Australia, particularly in states such as South Australia, Western Australia, and Tasmania, where the total percentage of rentals advertised as "no-pets" or "no-pets-allowed" was the highest".
Mr. Lardner also introduced the "Sad Puppy Score," which measures the severity of the situation for renters with pets by examining vacancy rates, rent increases, and the percentage of rental listings that prohibit pets.
"The most difficult suburbs for renters with pets are those that receive the worst Sad Puppy Score, indicating a rent increase of 5% or more, vacancy rates below 1.5%, and over 30% of rental listings prohibiting pets" Mr Lardner said.
He added that "many suburbs in South Australia have vacancy rates of less than 1%, rents increasing at 10% or more, and more than 50% of advertised rentals prohibiting pets. Thus, many South Australian renters with pets may envy those residing in Victoria, the only state where renters with pets are not severely affected."
The complete methodology of the study can be found on page 12 of the attached PDF.
"The rankings reveal the alarming difficulties renters with pets face across Australia, with many likely to be forced out into more pet-friendly areas."
Key Facts:
We analysed close to 300,000 rental listings between 27/11/2022 and 12/2/2023. Data mining helped us locate the keywords 'no-pets' or 'no-pets-allowed'. That analysis returned 19,424 rentals that included these keywords.
National Top 10
NSW Top 10
QLD Top 10
SA Top 10
WA Top 10
TAS Top 10
Infographics for each top 10 list
About us:
Kent's focus on property data and analytics started in 1999 working in lenders mortgage insurance (GE). Whilst heading up the valuation services team he studied statistics and trained with industry experts in the USA and Canada. These skills helped him design the PriceFinder platform where Kent was one of the original company founders. With the sale of Pricefinder to the Domain Group, Kent took a lead role at CoreLogic, heading up the analytics team and products for the banking sector. This included the design and roll-out of various risk products for valuers and banks. The CoreLogic opportunity extended to China, where he developed an automated valuation model for the largest bank in the world (ICBC). His focus today is Suburbtrends. Kent's reports are published on a regular basis by leading media outlets and the suburb map product used by more than 5,000 investors and professionals eveery month.
Kent Lardner is available on 0458 936 912
