Is it cheaper to share a house?

1
(No Transcript)
2
Sharing a house is a great idea for some people
because it saves some money. However, it is
essential to understand the pros and cons of
shared accommodation first. One big reason is
that people decide to share a house because they
save money not just on rent, but also money on
bills, e.g., water, gas, and electricity. Even
money on entertainment and communication bills is
also shared. When you split the cost of a
multi-bedroom property instead of living in a
single- bedroom unit, you save up to 15,000 per
year depending on the size of the home where you
live.
3
For the majority of the people, the level of
savings will change the decision whether to move
into shared accommodation. Since the cost of
living in big cities like Adelaide is higher, you
should share house in Adelaide. As tenants demand
higher rents, shared housing is gaining
popularity. The savings will be significant.
4
Ways of saving more by sharing a house

• How much do renters save when they share
  accommodation inAdelaide? If you go into
  statistical details, then one can share around
  150 to 200 dollars per week. In other cities,
  such as Perth, Darwin, or Hobart, they can save
  around 100 to 150 dollars per week.
• In places like Canberra, the median rent for a
  one-bedroom unit is around 500 dollars per week.
  But saving does not come always without any
  sacrifice. Renters who opt for cost-saving by
  sharing may find that they are supposed to
  broaden their search. And they need to commute
  longer when they work or study in the heart of
  the city.

5
Experts say that across the big cities,
one-bedroom rental units are more popular in the
inner part of the city. They are also popular in
high-density hubs or transport corridors. In
geographically dispersed areas and suburban
areas, big rental houses are more common. Since
the rents are higher, flatmates in Adelaide save
money by sharing flats. The study and analysis
by the Reserve Bank of Australia, reveal that
that surging rental prices and historically low
vacancy rates have resulted in a rise in the
average number of people living in each dwelling.
Also, the average size of households has
increased in capital cities over recent years. It
reflects tight rental market conditions. Large
numbers of renters are looking for houses closer
to cities at lower rents. Sharing
accommodationsis the best in this situation.
6
Contact Us
61476403537
www.hmounity.com
contact_at_hmounity.com
PO Box 37, Findon, SA