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Sharehouse listings and demand for share rooms has increased as Australians look for new ways to generate income and others seek cheaper housing options while faced with a cost of living and housing crisis. Share accommodation website, Flatmates.com.au, reported “unseasonable” website traffic in October among home hunters that the business usually experiences in December when the peak summer period begins. At the same time, new property listings on Flatmates.com.au jumped 9.
Conley said share accommodation, which is usually a cheaper alternative to renting alone, was also becoming unaffordable in major cities. “The median room rent for Australia is $290 per week in a sharehouse. That’s an increase of 16 per cent year-on-year,” she said. “Sydney is our most expensive city, the median room rent in Sydney is $350 per week and that’s been a 17 per cent increase year-on-year.” Demand but no supply Flatmates.com.
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