A small garage in Sydney, barely big enough for a double bed, a small fridge and a sofa, is rented for $250 a week.
Two photos of the Dulwich Hill garage, located in the city’s central west, were shared online on Friday, along with a brief description of the rental.
‘Looking for someone to rent the garage for $250 per week. Four weeks deposit plus invoices. Available to move in ASAP,” the message read.
“Must be employed and able to collect rent weekly or bi-monthly.
“This quiet, green location is located away from the main road, close to the bus/tram, bank, pharmacy, shops and post office.”
A garage (above) is available to rent in Sydney’s Dulwich Hill for $250 per week, highlighting Sydney’s rental crisis.
Photos of the garage show the door is not completely sealed and is cluttered with old furniture and CDs.
Two other people, a woman in her 60s and a man in his 50s who both work in construction, also live in the house.
The shocking message comes as thousands of Australians continue to struggle to find affordable housing amid the rental crisis.
In the year to May, the cost of renting homes and units climbed by at least 10 per cent in 1,700 markets across Australia, CoreLogic analyzed.
However, vacancy rates as low as 1.3 per cent in popular Sydney suburbs have seen prices rise by more than 30 per cent.
In September, Sydney officially became the sixth most expensive city in the world, ahead of New York, London, Paris and Los Angeles.
Two photos of the small garage (above) have been posted online and the property has been described as a “quiet, leafy location away from the main road”.
The Committee of Sydney think tank said in its report that the city’s rental crisis had caused it to lose $10 billion a year in talent, productivity and innovation due to a lack of affordable housing.
The study also found the average cost of a house in Sydney was more than 13 times the median salary.
In order to resolve the crisis, it recommends that the city take three key measures: introduce an inclusive zoning objective, build more social and affordable housing and increase the supply of “high quality” housing with access to transport, spaces open, to schools, daycare and businesses.