Share house demand soars through rental crisis and high prices

Demand for share houses has boomed as home seekers continue to struggle with Sydney’s ongoing housing challenges. New data released Wednesday by flatmates.com.au, a website where members list and search for vacant rooms, revealed they had over 1 million page visits in January alone. There was a huge jump in member sign ups in January, with 67,700 new members joining the platform in the past month, which was a 22 per cent increase month on month. Amid the ongoing cost-of-living crisis and increasingly tight rental market, demand for share house living has skyrocketed. Share housing is on the rise as…
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Adelaide and regional SA’s vacancy rates are easing but rental markets remain tight

Jessica Brown Updated Feb 8, 2024, 10:09am First published 8 Feb 2024, 9:30am News Corp Australia Network Adelaide and regional SA’s vacancy rates eased in January, new data reveals, but both rental markets are still tight. Picture: supplied. Adelaide’s rental market remains one of the tightest in the country despite its vacancy rate once again easing slightly over the past month. New PropTrack data shows the city’s vacancy rate, which measures the percentage of rental properties that are empty and available for lease, is now 0.78 per cent after easing 0.09 percentage points in January. Adelaide now has the second…
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