House sharing is on the rise across the country, as the affordability crisis drives many towards sharing a home or welcoming a house mate amid the rising cost-of-living.
More than 210,000 people sought out share homes or potential house mates on share accommodation platform Flatmates in January, marking its busiest month on record. It was 6% higher than the previous record in January last year.
The surge in house sharing activity comes as rents climbed ever higher last year while homes were available to rent at historically low levels.
Flatmates community manager Claudia Conley said January was the busiest month…
News Corp Australia Network
A real estate expert has predicted Townsville property prices will soar in coming years. Picture: Supplied
Townsville is tipped to lead property price growth across the country as local, relocating and investor buyers compete for a dwindling supply of homes in the NQ capital.
Craig Stack, Knight Frank senior partner Townsville and Mackay said he predicted Townsville would soon see one of the highest price growths in the Australian property market.
“Continuing strong demand for the low supply of existing housing in Townsville will lead to price growth, and we think the median sale price for…