If you’re flying high and looking to splurge on your next (rented) penthouse, here’s RP Data’s list of the top 10 most expensive suburbs in Australia to rent a unit.

For the rest of us, these are the suburbs to avoid.

Highest weekly median advertised rent (units)

1. North Fremantle (Fremantle, Perth WA) – $750

2. Milsons Point (North Sydney, Sydney NSW) – $740

3. Clovelly (Randwick, Sydney NSW) – $700

4. Burswood (Victoria Park, Perth WA) – $695

5. Balmain (Leichardt, Sydney NSW) – $680

6. Breakfast Point (Canada Bay, Sydney NSW) -$680

7. Fairlight (Manly, Sydney NSW) – $675

8. Pyrmont (Sydney NSW) – $663

9. Double Bay (Woollahra, Sydney NSW) – $660

10. Bondi (Waverly, Sydney NSW) – $650

Basically, if you don’t live in Sydney or Perth, you’re sweet.  Happy house hunting!

Image courtesy David Vespoli, via Flickr