Property

A chance to pull in extra money as rooms to rent in demand

COUCH SURFER: Remember this guy? Share houses are becoming more popular and can create a handy income stream.
COUCH SURFER: Remember this guy? Share houses are becoming more popular and can create a handy income stream.

REMEMBER that unwashed, curled toenailed 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 North Coast New South Wales household would pull in an extra $175.09 a week - or $9104.68 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.

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

Topics:  north coast nsw, property

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