The rental crisis is still putting major pressure on tenants, and this particular listing has infuriated Aussies.
The home in question was listed on Facebook Marketplace, although it now appears to have been removed.
Just $300 per week for an entire house may seem like a good deal, but the property is barely standing.
Also read: Rental crisis: Warning for tenants as costs rise and vacancies drop again
Also read: How ‘stalking’ helped this Aussie secure a rental
Also read: 3 clear signs the rent crisis could ease next year
Popular TikToker Rachel McQueen said it was shocking that someone would try to rent out a property in its condition.
“It will never cease to amaze me that there are people out there with the mentality that, because these places [are] only $300 a week, that this is totally fine and justifiable when this place looks like it could be condemned tomorrow,” she said.
“Somehow, this place looks like it is not only riddled with mould, but that it has also previously been on fire.”
The listing said the property had two living rooms, one bedroom, two bathrooms and parking for two vehicles.
“The system is broken…this should not f****** exist,” McQueen said.
Others were quick to express their concerns around the property, with one saying the home would only be worth $300 per week if it was used “for a horror movie set”.
Rent prices have skyrocketed more than 30 per cent since July 2020, with the national average rent costing Aussies $588 per week, according to the latest CoreLogic data.
CoreLogic economist Kaytlin Ezzy said worsening affordability continued to put unwarranted pressure on renters.
“With the rising cost of living adding additional pressure on renters’ balance sheets, it is likely tenants have hit an affordability ceiling, seeking to grow their households to share the growing rental burden,” Ezzy said.
Follow Yahoo Finance on Facebook, LinkedIn, Instagram and Twitter, and subscribe to our free daily newsletter.
Anti-Semitism is on the rise in Australia, according to the Prime Minister, as he condemned the unprecedented assault on Israel.
The Australian Taxation Office is warning businesses to pay up before they are named and shamed.
The cost-of-living crisis is taking its toll on Aussies’ ability to give back. But there’s one easy way to do good.
There have been 27 arson attacks on businesses across Victoria, almost all of them tobacco stores, in an ongoing feud between crime gangs.
The woman killed when a “large” falling tree branch fell on her in Darwin’s Botanic Gardens has been identified.
The little girl, just two-years-old, was pronounced dead at the scene.
One group of workers on workplace pay deals are scoring average wage increases of up to 5.8 per cent, according to fresh data released by the Fair Work Commission.
Sonia Kruger turned heads as she hosted The Voice Australia finale in style. Read more.
In the lead-up to Christmas, Aussies are on the lookout for savings, and Amazon is about to launch some major deals.
Australia’s biggest bank will slash another 192 jobs, bringing its total staff cuts to more than 1000 in the past year, as part of its automation initiative.
Services Australia staff are set to walk off the job today. Here’s how Centrelink payments will be impacted.
Hundreds of people are dead after a surprise attack on Israel this weekend, but at home it’s the statements made by the PM and Foreign Minister that have drawn criticism.
You're kidding me.
Shop the look here.
The model was splashing around in a water fountain wearing a blue trench coat over a black outfit with matching socks and loafers for a Calvin Klein photoshoot.
Millions of Aussie workers are missing out on valuable retirement savings because of a loophole the government is insistent on closing.
A family's snake encounter on a weekend hike has prompted a warning from a reptile expert. Here's what you should know.
An extra 1.5 million people are expected to move to Brisbane over the next 20 years, putting strain on housing and infrastructure.
Australians are being urged to brace for seven months of severe weather after the Bureau of Meteorology released a dire long-range forecast. But there’s one silver lining for Queenslanders.
The device has been illegal since the 1980s yet a Victorian resident found it activated under her car on Thursday.