The number of Australians living in share houses is on the
rise.
Analysis from Flatmates.com.au shows demand for shared
accommodation is starting to pick up pace with hundreds of
people in some locations looking for a spare room.
Flatmates.com.au has recorded an 11.2% increase in
members joining the platform in the past month. It has also
noticed an increase in property owners, who are facing higher
mortgage costs through interest rate rises, offering to rent out
spare rooms.
New property listings on the site have gone up by 9.7% in the
past month and 38% in the past 12 months.
Flatmates.com.au, Community Manager, Claudia Conley,
says half of their listings are from homeowners and the
majority of them will be “live-in landlords”.
“Despite this growing trend, more property listings are still
needed across the country to keep up with the growing
demand for share accommodation,” she says.
Research released by Finder shows 42% of tenants struggled
to pay their rent in October.