Perth’s rental madness:$320 per week for a back-garden shed

A glorified garden shed in a Perth backyard has been listed for rent for $320 a week,the latest sign that the city has the toughest rental market in the country.

Pictures of the interior of the annexed flat on Heatherington Street in Bull Creek appear to have been heavily altered,with stills showing a large light-filled studio with tasteful furniture.

Real estate agent pictures of the shed’s interior (bottom right) contrast sharply with the view in a virtual tour (top right).

Real estate agent pictures of the shed’s interior (bottom right) contrast sharply with the view in a virtual tour (top right).Supplied

But thevirtual tour video shows a far smaller,darker home with patchy,stained walls and no oven or stovetop.

In the advertisement,Leederville-based Here Property said the rear “granny flat” shared common access areas with the main house,only street parking was available and was close to the central conveniences of Bull Creek.

The company has been contacted for comment.

According to REIWA data,rental growth in Bull Creek has soared 30 per cent over the year to an average of $750 a week.

Strategic Property Group managing director Trent Fleskens said while less than salubrious,it was a sign of the times and perhaps indicated a positive trend.

“We are starting to see property managers advertising people’s granny flats for lease for $100 a week more than an apartment in East Perth would have rented for 5 years ago,” he said.

“Whilst it might be shocking for some to think a granny flat is renting for over $300 a week,I would hope that this would actually incentivise more landowners to get on board and build their own granny flats to rent out as well.”

Fleskens said the state’snew medium density code had opened the opportunity for homeowners to build and title tiny homes,dual-key backyard options or second storeys.

“The more dwellings,big or small,we can encourage to be created in our state,the more choice people will have,and the less pressure on rents there will be,” he said.

“A lack of housing diversity is one of the key reasons we are in this position in the first place.”

Last week a five-bedroom,two-bathroom home in Perth’s northern suburbs was listed for rent for the bargain price of $375 – albeit with a catch.

The fully furnished home on Karrinyup Road in Gwelup,in a sought-after school catchment,near the beach and Karrinyup shopping centre,was renting out individual rooms:the three larger bedrooms that couples could rent were advertised for $450 a week each,the two minor bedrooms $350 a week each.

The home has one bathroom.

And in Perth’s wealthy western suburbs a single bed on the verandah of a Mosman Park home has been listed on Airbnb to rent for $130 a night.

The monthly rate of rental growth ticked higher in the year to February (13.9 per cent).

The median house rent rose to $640 per week in January,a 3.2 per cent increase month-on-month and 16.4 per cent higher than January 2023.

The median unit rent also rose,up 1.8 per cent over the month and 20.8 per cent over the year to $580 per week according to data from REIWA.

There were 1913 rentals on REIWA at the end of January,2.1 per cent higher than January 2023.

Homes leased in a median of 16 days during January,one day slower than December and 12 months ago.

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Sarah Brookes is a journalist with WAtoday,specialising in property and government and is the winner of four WA Media Awards.

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