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The Bennelong Apartments. From left to right – 1 Macquarie Street, 3-7 Macquarie Street, 61 Macquarie Street. The Bennelong Apartments is a residential apartment building and multi-use complex on the east side of Sydney's Circular Quay. The buildings were designed by Andrew Andersons and PTW Architects, and completed in 1998.
The Horizon Apartments, also short The Horizon, is a residential high rise building in Darlinghurst, a suburb in the inner-city of Sydney, NSW, Australia. It is located on at 184 Forbes Street between Liverpool and William Streets. The controversial highrise was completed in 1998.
Meriton builds and sells apartments, and also operates serviced apartments as temporary and long-term accommodation under its Meriton Suites brand in Sydney, Brisbane and the Gold Coast. In 2007, it was estimated the company was building about 1,200 apartments each year. [2] By 2010 this figure had increased to 2,000 units. [3]
The primary reason for the rental crisis is a lack of supply due to a variety of reasons, including existing landlords selling their rental properties which are being purchased by owner-occupiers [29] [30] [27] and some landlords using their properties on the short term rental market such as Airbnb. [31]
Short-term rental (STR) describes furnished self-contained apartments or houses that are rented for short periods of time. [1] They are usually seen as an alternative to hotels . "Short stay" rentals are an offshoot of the corporate housing market, [ 2 ] and are also offered by private owners and investors via online platforms such as Airbnb .
9flats is an online marketplace enabling people to lease or rent short-term lodging. The company does not own any lodging; it is merely a broker and receives commissions from both guests and hosts in conjunction with every booking. [2] The site competes with Airbnb. [3] It has over 50,000 members and 30,000 hosts in 104 countries. [4]