$250 per bed: Outrage at 'opportunistic' landlords in Sydney's rental market

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Dozens of listings plastered on Facebook Marketplace spruik bedrooms between $200 and $250 per week in sought after Sydney locations - but there's a catch.

Opportunistic landlords are taking advantage of Sydney's spiralling rental crisis by charging rent "per bed" rather than per room, while potentially putting vulnerable tenants at risk through overcrowding.

Another room listing in Bondi shows three single beds crammed side-by-side with an asking price of $220 per person, per week. He said the practice was prevalent in Sydney due to tight vacancy rates, but a line was being crossed when people were having to sacrifice their wellbeing for a place to stay. In a few weeks, you're going to get a pay rise without asking thanks to the stage 3 tax cuts. This is how

Even suburbs on the city's outskirts, approximately 30-40 kilometres from the CBD saw the strongest re-acceleration in growth with Campbelltown jumping from 9.1 per cent in October to 13.4 per cent in April.He said the cohort were more likely to have less money and a lack of strong rental references compared to other prospective tenants.

 

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