Perth’s crippling rental crisis sinks to new low as boat offered for $200 a week

WA renters are seeking any port in a storm as the State’s crippling rental crisis drags on, with a rundown boat moored on the Swan River advertised for hundreds of dollars a week.

The Facebook Marketplace advert offers a rustic 38ft boat for lease — and a small dinghy so the tenant can get to shore without getting wet — for $200 a week rent.

The sleeping quarters is a mattress in the windowless bow of the boat.

“Living on 38ft yacht $200pw — one of the most beautiful spots in the Swan River near Fremantle comes with a small tender to get to and from shore,” reads the advert.

“Hot water shower, storage space, kitchen, call for more details. Couples accepted.”

Camera IconThe Facebook Marketplace advert offers a rustic 38ft boat for lease — and a small dinghy so the tenant can get to shore without getting wet — for $200 a week rent. Credit: facebook/supplied

And as the rental crisis worsens, some West Aussies are keen on the idea of life of water.

Retiree and lifelong sailor Luke is actively looking for a boat to rent as his mortgage repayments shoot up to $1100 a week.

“Rather than downsize, my go-to is a boat . . . I’d be quite happy doing that,” he said.

“Even staying in a (yacht) club, by the time you pay membership fees and power and the pen fees, it works out to about the same as paying (council) rates.”

But not all private clubs and marinas allow members to live on their boats.

Public facilities managed by the Department of Transport generally only allow owners to live aboard for up to 10 days at a time, although travellers in a houseboat may be able to stay for up to six months in some circumstances.

Retiree and lifelong sailor Luke is actively looking for a boat to rent as his mortgage repayments shoot up to $1100 a week.
Camera IconRetiree and lifelong sailor Luke is actively looking for a boat to rent as his mortgage repayments shoot up to $1100 a week. Credit: Ross Swanborough/The West Australian

Luke said he knows of others looking for houseboats to rent or buy, but he said it’s not for everyone.

“It’s romantic . . . but there’s a reality to living on a boat,” he said. “They’re small, they’re cramped.”

Floating homes have seen considerable uptake in other parts of the world. It’s a staple of the Netherlands, with Amsterdam having at least 3000 officially registered houseboats scattered across its canals.

But in Perth it’s a sign of a dire housing situation that doesn’t appear to be getting any better.

The unusual lease ad comes as the city’s vacancy rate sits at 0.7 per cent, after hitting a 42-year low of 0.6 per cent in December last year.

The Real Estate Institute of WA warns it’s the most prolonged rental crisis since REIWA began keeping such records in 1980.

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