Sydney renters are moving further away from their jobs, into poorer quality homes, or with others to cope with record rents.
But the largest unit increases were also in the most affordable pockets with Sydney’s south west up 3.8 per cent and Blacktown up 3.4 per cent. “Those compromises have been occurring in Sydney for a while and that is because of continued rent increases and tenants have faced continued financial strain.
“Some people move further away from their ideal locations whether it’s close to work, school or family,” he said. “Other people want to prioritise the location and compromise on the size and quality of their accommodation.” Sydney renter Geeroh Ebrada is choosing to sub-lease a room in an apartment in Wolli Creek as it is cheaper for him than signing on to a lease.