For a short stay: Backpackers accommodations (Australian youth hostels) are the best option. Prices are between $AU22 AND AU$90 / day, depending on whether you choose the dormitory option, or a single or double room.
For a longer stay you can rent a flat. Prices are between $AU200 and AUD$320 / a week for a studio, and between $AU240 and AU$500 / a week for one a 3 room flat.
If you want economical accommodation and if you want to meet people, flatsharing is the best way to live in Sydney. You will have to pay your rent weekly and it can cost from 80 AU$ to 180 AU$. The city is very cosmopolitan so you will have the opportunity to find international roommates and have a great time.
Update 29/04/2008
Looking for cheap accommodation in Sydney isn’t easy and can be time consuming. With Uniplaces now you can look for your room comfortably sitting at home. You can pick a room in a shared home with other expats, a studio flat if you want more privacy, or you can team up with other friends and rent an entire apartment just for yourselves.
Uniplaces offers thousands of solutions for professionals, digital nomads and families, with entire furnished accommodation with reliable wifi and great amenities to stay productive, and do your best work.
The booking system is very simple and doesn’t require any visit: all can be done in advance thanks to the detailed descriptions and photos. All accommodations are selected and verified by Uniplaces' team and there is no need for a guarantor. In addition, they only pay the landlord when you saw the place and are happy with it.
06/05/2011