A Sydney rental listing is advertising two mattresses lying on the floor at $250 each, per week, in a sign the city's housing crisis hasn't let up.
housing crisis has once again been laid bare with a rental listing offering two mattresses crammed on one bedroom floor at $250 each, per week.group for international students this week and asks for "flatmates" to fill a second room in a unit complex at Sydney's Olympic Park.
Listing pictures show two single mattresses lying on the floor of the bedroom only separated by a partition, and features one desk and a built-in wardrobe. A room listing has highlighted the dire situation of Sydney's rental crisis. "We are looking for flatmates to fill in second room. There are 2 beds available. $250 per person," the ad reads.However, the advert boasts the complex comes with extra amenities such as an indoor and outdoor pool, gym, spa and sauna.
CoreLogic's Rent Value Index revealed over the last three years National rental prices have surged by 30 per cent since July 2020, adding $137 weekly median rent. Renters are also battling a decrease in rental availability with the national vacancy rate dipping to a record low of 1.1 per cent in September.
Sydney and Melbourne have been hit hardest with vacancies rates more than halving, from 2.2 per cent and 4.14 percentage points respectively since September 2021.
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