Soaring rents and plummeting house prices have shot 10 West Australian suburbs into a nationwide list of 74 where it is now cheaper to buy than to rent.

The list of WA's Top 10 Rental Ripoff Suburbs has been revealed in a report prepared for the Commonwealth Bank by RP Data.



The study found that nine of the State's 10 ripoff localities were in regional areas where mining industry activity had seen rents skyrocket.



The buy-to-rent disparity was worst in the Karratha suburb of where the staggering average monthly rent of $8000 cost a whopping $3877.48 more to service than an average home loan.

This was the largest buy-to-rent gulf of any suburb in Australia, neared only by the WA localities of where it was $2,388.48 cheaper to buy rather than rent, and where it was $2,049.17 less expensive to buy.

