Sydney apartment with toilet in kitchen for rent: $520 a week
The Australian rental market is well and truly going down the toilet for tenants, with rental prices surging to record levels and many Aussies struggling to find a property for under $400 a week.
Now we have even more proof.
A Surry Hills studio apartment - previously named a “room with a poo” - is back on the market. The centrally located pad features polished concrete floor, a fully furnished fit out and… a toilet in the middle of the kitchen.
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According to the real estate listing, the studio is a “City Chic pad to come home to” and would suit “the urban dweller who craves [the] simplicity and style that this apartment has to offer”.
The apartment also features an “immaculate Italian designer tiled bathroom”, real estate agent Raine & Horne said.
But that well-designed bathroom, which includes a toilet and a shower, is separated by only two semi-frosted glass walls. So, you can get a great view of somebody doing their business from wherever you are in the apartment.
The apartment first grabbed Aussies’ attention when it was listed for rent in 2020.
Back then, it was advertised at $380 per week.
Now, the inner-city apartment is going for a massive $520 a week.
It’s not the first time an oddly placed bathroom has hit the rental market.
In June this year, an Adelaide apartment featuring a toilet in the living room was listed for $400 a week.
Rental prices skyrocket
It comes as Aussies struggle to find rentals under $400 per week.
According to a new report from PropTrack, the number of rentals listed below the $400 mark dropped to a record low of around 19 per cent in September.
That’s down from 41.8 per cent in March 2020.
In Sydney, one in five rentals were listed for under $400 per week a year ago. But in September 2022, that number fell to one in 10.
Rents are surging at record rates, according to PropTrack, with asking rents rising 4.3 per cent in the September quarter and 10.3 per cent year on year - which is the fastest increase ever recorded.
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