Spare room could bring in $8900 a year

REMEMBER that unwashed, curled toe-nailed bloke who slept on your couch for a while after high school and got scurvy from ingesting only noodles and cask wine?

Well, the art of procuring random roomies has shifted.

Share accommodation website Flatmates.com.au says its average user is 27 years old with a full-time job.

It also says the average Sunshine Coast household would pull in an extra $172.35 a week - or $8962.20 a year - by subletting a vacant room.

You may err on the side of scepticism, and rightly so.

This person will share your home, your bathroom and, if your interview process was lax, your toothbrush - but plenty of Australians are taking the subletting route.

The company reviewed 61,381 vacancy listings from last year to find the average room fee.

The Australian norm was $183 each week, just over $9000 a year. But rooms in Sydney's Northern Beaches went for $290 a week or about $15,000 each year on average.

"With many people now priced out of the rental and homeowner markets, share accommodation has become the most affordable option for many people," website managing director Thomas Clement said.

"Our average user is 27 years old, works full time and is generally looking for a comfortable home with good amenities."

The figures showed the demand for share accommodation in some capital cities was as high as four people looking to every one room listed.

"It is very much a lister's market, so those leasing are sure to find someone who fits their home perfectly."

 

Room rent

Average weekly room rental costs by capital city

Sydney

  • $257.09

Melbourne

  • $200.76

Perth

  • $200.44

Brisbane

  • $187.65

Canberra

  • $185.05

Adelaide

  • $166.49

- APN NEWSDESK



How man survived stranded at sea

How man survived stranded at sea

Ruben remembers gulping for air as waves and darkness closed in

Awoonga still pulling the strings for barramundi

Awoonga still pulling the strings for barramundi

Infofish Australia 2018 mid-season barramundi review released.

Another NBN service fined for ‘misleading’ users

premium_icon Another NBN service fined for ‘misleading’ users

Another NBN provider has been fined for misleading customers

Local Partners