Sydney landlord rents out apartment balcony in CBD for $300 a weekPosted by On


A Sydney landlord has advertised his balcony as a room available to rent for $300 in the latest example of Australia’s out-of-control housing market.

The tiny room, which is barely big enough to hold a single bed, has generated ‘a lot of interest’ according to the landlord, who specified the tenant must be ‘one boy’ and must list their nationality.

The strange ad reads: ‘New, quiet and clean apartment. Next to World Square, only five minutes walk to Town Hall Station, China Town, UTS, Paddy’s Market, Coles and Woolworths.

‘All bills included, fast NBN WiFi and rice, basic cleaning stuffs and cooking stuffs.’

The landlord then states the tenant must stay in the cramped room at least four months, give an $800 deposit and a ‘$200 bond key’.

Photos of the room show the landlord has DIY’ed the room’s creation using curtains and tarps to separate it from the rest of the apartment.

A landlord in Sydney asked $300 a week for balcony he's turned into a makeshift 'room' (pictured, the Facebook advert for the room)

A landlord in Sydney asked $300 a week for balcony he’s turned into a makeshift ‘room’ (pictured, the Facebook advert for the room)

Photos show the landlord roughly constructed the room using curtains and tarps to separate it from the rest of the apartment (pictured, the balcony before it was made into a room)

Photos show the landlord roughly constructed the room using curtains and tarps to separate it from the rest of the apartment (pictured, the balcony before it was made into a room)

The saga is only the latest development in Sydney’s spiralling rental market.

Rents have soared 6.7 per cent to a median of $495 per week across Australia in 2022, but the issue is much worse in major cities.

In Melbourne and Sydney, higher post-Covid demand for fewer properties saw…

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