Would you be willing to pay $130,000 to live in a luxury beachfront home for a year?
That’s how much it would cost to rent Adelaide’s most expensive residential property – a unit in Henley Beach on the Esplanade, which is on offer for $2,500 a week.
This hefty sum is, on average, $1,608 higher than the weekly mortgage fees Australians pay on a loan of $626,055.
It’s also a far cry from the city’s average rent, which is $580 a week for a house and $490 for an apartment.
While some would consider the average values expensive, they pale in comparison to the rental prices charged for some properties in Adelaide.
Here’s a look at the city’s most expensive properties available for rent on realestate.com.au.
Weekly rent: $2500 per week
Bond: 10,000
Average rent in the suburb: $780 (house) and $490 (apartment).
Although the address of this Henley Beach property has not been disclosed, it is easy to see that it has an enviable location.
Described as a light-filled, characterful beachfront residence “with the most stunning views in the heart of Henley Beach,” the fully furnished home features three bedrooms, one bathroom, a dining room to the front, a sunny breakfast room to the rear and a large balcony overlooking the jetty.
The expensive house also includes a single carport and the use of canoes and stand-up paddle boards is included in the price.
Pets are also welcome upon request.
Weekly rent: $2300
Bond: $13,800
Average rent in the suburb: $850
Featuring a basketball court, swimming pool and home theater, this brand new four-bedroom, three-bathroom home could be the ideal getaway for the whole family—if you can afford it.
The rent for this home includes garden trimming and pool maintenance, but future renters will also enjoy the state-of-the-art open plan kitchen, living and dining area that opens to a picture-perfect covered outdoor entertaining area.
The master bedroom is more than generous and features a designer walk-in wardrobe, while three further double bedrooms are located in a “children’s wing”.
The home also features a work area with a built-in desk and a two-car garage.
Weekly rent: $2000
Bond: Not advertised.
Average rent in the suburb: $740
It is well known that only the finest properties grace Milan’s lavish Stirling Mile, and this eloquent design proves it.
The palatial residence features no fewer than four bedrooms, four living rooms and three bathrooms and is surrounded by manicured gardens that offer numerous places to relax or entertain family and friends during the warmer months.
A garage for six cars will certainly delight collectors, and for wine connoisseurs, the largest collections are safely housed in a large cellar.
Weekly rent: $2100
Bond: $12,600
Average rent in the suburb: $600 (house) and $550 (apartment).
Located in an elevated position on the thirtieth floor of the famous Kodo complex, this three-bedroom penthouse is in a class of its own.
The home is accessed via a private elevator lobby and features spacious indoor and outdoor living areas, a commercial kitchen and dining area, three bedrooms and two bathrooms.
Other notable features include an intercom system, home automation for blinds, entertainment systems, lighting, ceiling fans and air conditioning/heating, a built-in entertainment unit with hidden cocktail bar and exclusive access to communal lawned entertainment areas.
Weekly rent: $1800
Bond: $10,800
Average rent in the suburb: $670 (houses) and $630 (condos).
Enjoy the cosmopolitan dining, fashion and entertainment paradise of The Parade in this five-bedroom home.
Located near Norwood Morialta High School and close to other prestigious private schools in the eastern suburbs, the home is ideal for family living and features a versatile floor plan.
A modern kitchen allows you to prepare masterful meals, while the master bedroom – complete with a decorative fireplace, built-in wardrobes and direct access to the veranda – is the perfect retreat for parents.
Outside, you will be impressed by the large swimming pool, as well as the rear terrace with its outdoor entertainment options.
Garden maintenance is included in the rental agreement.
Weekly rent: $1300
Bond: $7800
Average rent in the suburb: $740
This stunning hilltop property is located in one of Adelaide Hills’ most sought after suburbs and comes with pool and garden maintenance.
It features four bedrooms, two bathrooms, multiple living spaces, a subterranean basement, a heated outdoor gazebo and a rear veranda with expansive, elevated views of the tranquil gardens.
The house is also well protected against bush fires with sprinkler systems on the roof as well as a fire pump and a hose reel.
Pets are negotiable.
Weekly rent: $1300
Bond: Not advertised.
Average rent in the suburb: N/A
This stunning rental offering features a spectacular, award-winning home with a grand entry, nestled in the serene beauty of French provincial influence.
The house, winner of the prestigious 2006 architecture award, offers two bedrooms with king-size beds, including a luxurious master suite with a large walk-in closet and a spacious bathroom with a freestanding bathtub.
The spacious kitchen is every chef’s dream and the spacious dining room offers views of the picturesque surroundings.
The property also features a swimming pool, gazebo and large billiards/games room.
The house is fully furnished and can also be rented at short notice.