Latest news with #Flatmates.com.au
News.com.au
26-04-2025
- Business
- News.com.au
‘For solo use': Outrage over fine print in landlord's listing for two-bed apartment in Nelson Bay
A would-be landlord has been slammed on social media for trying to take advantage of a tight rental market by offering up their holiday home with a major twist. The female landlord is currently seeking a tenant for a 'fabulous' two-bedroom, two bathroom apartment in Nelson Bay for $380 per week. While renters get a stunning ocean view, they would only be allowed to stay in the place for around 85 per cent of the time – with the landlord returning when she wanted a break from Sydney. 'You will be expected to vacate the property so the owner can use the apartment for her sole use about 15 per cent of the time, about 30 days over six months, mainly Thursday, Friday and Saturday nights,' the listing states. The advertisement on goes on to say the place available for the 'right person' with the potential landlord expecting the apartment to be left in a 'great to come home condition'. The clause has provoked outrage over social media, with one person taking to Reddit to share an insight into the local offering. 'Apparently the last tenant was a single mum. The owner would ring her mid week and tell her she had to be out the next day for 4 days at a time,' the post continued. Another wrote: 'Cool, I'll happily pay 85 per cent of the rent too then.' A third questioned where tenants who took up the offer were supposed to live when ordered out. 'It was like $350 a week for only 4 days of it. No idea where they expect you to disappear off to every weekend,' the user wrote. The $380-a-week rent does not cover bills, with any potential tenant asked to sign on for a minimum three month stay. Despite coming with unusual terms and conditions, another renter said the landlord would likely find a tenant. 'Accommodation is stupidly scarce at the bay. I've no doubt this person will get someone to agree to this,' another Reddit poster said. 'It's really gotten way too out of hand.' According to the latest figures from the Real Estate Institute of NSW (REINSW) the state continues to show residential rental availability remain at a 'crisis level'. The research said rental market conditions remained dire in March, with REINSW chief executive, Tim McKibbin, stating that vacancy rates continue to 'hover at historically low levels'. 'Month after month, the story remains the same – rental availability is at crisis levels, stock is diminishing, and rents are increasing,' Mr McKibbin said. In regional NSW, the REINSW's findings indicated that vacancy rates decreased in many areas over the past month.
Perth Now
25-04-2025
- Business
- Perth Now
Landlord slammed for insane rental clause
A would-be landlord has been slammed on social media for trying to take advantage of a tight rental market by offering up their holiday home with a major twist. The female landlord is currently seeking a tenant for a 'fabulous' two-bedroom, two bathroom apartment in Nelson Bay for $380 per week. While renters get a stunning ocean view, they would only be allowed to stay in the place for around 85 per cent of the time – with the landlord returning when she wanted a break from Sydney. A listing on offers a 'fabulous' two-bed apartment in Nelson Bay for $380 per week, but there is a major catch to the listing. Flatmates Credit: Supplied In the listing, the landlord states tenants would only be allowed to stay for 85 per cent of the time due to the owner returning for her 'solo use'. Flatmates Credit: Supplied 'You will be expected to vacate the property so the owner can use the apartment for her sole use about 15 per cent of the time, about 30 days over six months, mainly Thursday, Friday and Saturday nights,' the listing states. The advertisement on goes on to say the place available for the 'right person' with the potential landlord expecting the apartment to be left in a 'great to come home condition'. A Sydney landlord has caused divide by making a big claim about Sydney The clause has provoked outrage over social media, with one person taking to Reddit to share an insight into the local offering. 'Apparently the last tenant was a single mum. The owner would ring her mid week and tell her she had to be out the next day for 4 days at a time,' the post continued. Another wrote: 'Cool, I'll happily pay 85 per cent of the rent too then.' The listing has stoked outrage over the shocking clause, with some questioning where tenants were supposed to live when ordered out for the time the landlord would return. Flatmates Credit: Supplied A third questioned where tenants who took up the offer were supposed to live when ordered out. 'It was like $350 a week for only 4 days of it. No idea where they expect you to disappear off to every weekend,' the user wrote. The $380-a-week rent does not cover bills, with any potential tenant asked to sign on for a minimum three month stay. Despite coming with unusual terms and conditions, another renter said the landlord would likely find a tenant. 'Accommodation is stupidly scarce at the bay. I've no doubt this person will get someone to agree to this,' another Reddit poster said. 'It's really gotten way too out of hand.' A landlord in New South Wales has gone viral on social media after posting an advertisement for a new tenant with a major twist. Flatmates Credit: Supplied According to the latest figures from the Real Estate Institute of NSW (REINSW) the state continues to show residential rental availability remain at a 'crisis level'. The research said rental market conditions remained dire in March, with REINSW chief executive, Tim McKibbin, stating that vacancy rates continue to 'hover at historically low levels'. 'Month after month, the story remains the same – rental availability is at crisis levels, stock is diminishing, and rents are increasing,' Mr McKibbin said. In regional NSW, the REINSW's findings indicated that vacancy rates decreased in many areas over the past month.
Sky News AU
25-04-2025
- Business
- Sky News AU
‘The owner can use the apartment for her sole use': Social media roasts greedy landlord after jaw-dropping fine print
A would-be landlord in the New South Wales' Hunter region has gone viral on social media after advertising their 'fabulous' two-bedroom apartment for rent with one major clause. The advertisement, which was posted on rental website featured a two-bedroom, two-bathroom apartment with idyllic ocean views from the spacious balcony. 'Fabulous '2 bed 2 bath 2 car with storage' apartment in Tomaree St Nelson Bay with an amazing 3rd level view of the ocean overlooking Nelson Bay with massive balcony and living area,' the listing said. At first, the listing looked like an absolute steal amid the notoriously tight rental market in the area, with an advertised price of $380 per week plus bills. However, it soon became clear that the lucky tenant would not be entitled to live in the home full time despite paying market rent. 'It's available for the right person's sole longer term use about 85 per cent of the time,' the listing said. 'You will be expected to vacate the property so the owner can use the apartment for her sole use about 15 per cent of the time (about 30 days over 6 months - mainly Thu, Fri and Sat nights).' Further down, the landlord requested that the tenant ensures the apartment is left in a 'great to come home condition', which sounded more like an advertisement for a house sitter or live-in cleaner rather than a paying tenant. 'Owner is a working professional from Sydney who loves this weekender to come to when time permits,' the listing said. 'Values privacy and respects that for others in addition to an expectation to maintain a clean 'great to come home to' environment.' The bizarre listing has drawn scorn online, with one commenter claiming the 'greedy' listing was a sign of 'negative gearing gone mad'. 'They want their cake and eat it too, what's the bet that they are claiming 100% from the ATO as well,' one user wrote via the Daily Mail. 'Tell her to stick it where the sun don't shine,' another user agreed. The jaw-dropping advertisement comes weeks after a new report revealed the staggering weekly earnings now required to pay market rent around the country. In the Priced Out 2025 report by Everybody's Home, which examined the incomes of people earning between $40,000 and $130,000, it was revealed even renters earning $100,000 were 'struggling' to make ends meet. The report said only those earning a gross income of at least $130,000 per year could sustainably pay rent, with average rent taking up 30 per cent of income Australia-wide and 38 per cent in capital cities.
